 Buy home, renovate and then sell? |
| I am a contractor, would it be any good to buy a cheap house in Pennsylvania, renovate it "increase it's value" and then sell it?... |
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 What is the name of the person that pays the rent? |
| The person one pays the rent to is called a Landlord, but is there a special name for the people that pay the rent, from the Landlord's perspective?... |
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 Screwed out of $5000 by our real estate agent? or standard practice? |
| We found out a week before closing on our house that we qualify for a $5000 interest free loan from the city housing dept because we are in a low enough income bracket. If we stay in the house for 10 ... |
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 I would like some tips on selling my home quickly!? |
| My husband and I plan on selling our home soon. We are getting stuff clean, finishing a pantry, ect. We hope to be ready by October. What are some things we can do that are not too expensive or ... |
|
 Mortgage for Prefab House? |
| I have an appointment with nationwide in a couple of weeks to set up a mortgage (already looked around for one, Nationwide was the best for me), but i have just found out the reason the house I want ... |
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 How do you foreclose on a house? |
| We are currently buying a smaller trailer compared to our 3 floor House. We cant afford to keep paying for this house in the summer time. We were wondering what the consiquences were on foreclosure? W... |
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 There is a piece of land that was offered to us for $5000. in Malibu. Should we buy it? |
| The size is about 6000 sq ft, ( one lot). At this time it is unbuildable but has a great ocean view.... |
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 Can I move out with £900 a month? |
| my mum tells me no because it's gonna be hard moving out sinc eI only earn £900 a month. she gave me an example of one of my friend who struggled to pay rent etc. with her flat mates and moved ... |
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 Do legal occupants have rights in an apartment? |
| My roommate qualified to be on the lease but I didn't, so the landlord ask me if I wanted to be an occupant. I agreed to be an occupant not thinking at the time my roommate was nuts. After we ... |
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 WTF is up with "nonrefundable pet deposits"?!?! |
| I'm trying to move into a new apt here in NOLA and what the hell, it seems like every place doesn't allow pets or has a nonrefundable pet deposit. That's not a deposit, that's a ... |
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 Landlords!!!help scared |
| hi all looking for some advice , my old landlord is threatning me with court action , there was never a lease or anything , now he has been sending me threatning emails with all my details N.I ... |
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 How do you turn a second home into a primary home? |
| My husband and I sold our primary home this year, but still own another house in a different state. We are now renting in the city of our primary home, but would like our second home to be ... |
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 While I was visiting my property to collect rent, my tenants' pit bull attacked! What can I do? |
| Yesterday I had to go visit some of my rental property to collect rent, like time and time again.....the tenants left when they found out I was in town. I was surveying the property when their pit ... |
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 Why do I only see masonic lodges on the nicer neighborhoods? |
| For many years, my hobby has been to drive around in my car, and just look at the pretty houses. Friends actually enjoy me taking them on tours of the nicer neighborhoods to show them houses, I know ... |
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 Would a landlord evict over grease marks on walls |
if you intend on painting it before moving out and pay rent on time and keep the place clean others wise, would they kick you out over just grease marks on the walls?
Additional Details
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| Can we afford this loan for a home? |
| Ok, hears the deal. My husband makes about $60,000 a year and im a stay at home mom. I have no credit and he has not to good credit. His score is about 600. We want a house for about $150,000. Do you ... |
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 Is it legal for a non-family member to rent a room in your house? |
Our next door neighbors are letting non-family members rent their basement, and they have been there for about 6 months or longer now. I would like to know if it is legal or not.
Additional D... |
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 Landlord didn't pay gas and got shut off what can i do? |
i live in cicero, il and the management company didn't pay the gas and it got shut off what can i do?
Additional Details
thay agreed that they would pay the ... |
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 What happens if you leave trash in the apartment after you move? |
| I'm moving and I dont have any help. Some of the things i need thrown away are way too heavy for me to carry..What will happen if I leave it in a pile inside the apartment and put "trash&... |
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steelerzquest | How can I get a morgage with no money down AND with very bad credit? |
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 |
 
godged
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You don't and you don't want to.
Take some time to repair your credit and save for a down payment. |
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gt5364e
 |
Two years ago, absolutely. Today... no way in hell. The entire reason the housing market came unglued was because of sub-prime lending (exactly what you described... 0 down and no credit... some even interest only). Suprise, suprise, they ended up in foreclosure. Now with the glut of foreclosed houses the lenders have their money tied up in the property and can't write more loans. They have to sell the house first. It will take a year or so to flush out all the crap properties and borrowers from the system then things will return to normal. |
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Henry Sosa
 |
You are in a very bad situation because with your credit criteria means you are having financial problems so is very hard for a bank to look past your credit and qualify you for 0% down loan right now.
Clean up your credit and get your scores to over 650 then you can try again. |
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CJKatl
 |
Why don't you just ask us how to drive your car over a cliff? The reason lenders no longer do those types of loans is the fact that these loans so often wind up in foreclosure. Think about it. Who gets hurt in foreclosure? Certainly the lender, but even more so, the borrower. Getting the type of loan you are seeking is a sure fire way to put yourself in a very bad financial situation, the likes of which will take years and years to dig out from.
Instead of trying to take on more debt, a mortgage, why not figure out how to improve your credit. After that, you will be in a better position to purchase a home and enjoy the other benefits of having good credit. Purchasing a home now will ensure you will never experience that.
Trust me. I was there. Instead of getting the house now, I worked on paying off my debt. My credit score went up. I've now been able to purchase a new home, a new car, and don't lose sleep worrying about debt. Plus I can answer my phone now without fear of a bill collector being on the phone. Trust me - that's the better strategy. |
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sexytrojan
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No Money Down:
100% loan (20/80) which is offered to high credit standing borrowers.
Bad Credit:
High interest
You can't do both. |
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twinturbo1994
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I agree completely with CJKatl, but if you are stubborn and still dont bother taking good advice, FHA and VA loans are not credit score driven. They are based on your ability to pay your bills. It is good for people with limited credit and I have gotten a few approved with bad credit as long as there are not a whole lot of collections and judgments. |
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bigoilman
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Rent-to-own (essentially seller financed). Pay your rent on time and in full for 2 years and you'll improve your credit scores to the point that you can refinance and cash out the seller. |
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Jo Blo
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just like if you was buying a car that way
you buy an old fixer upper house from a seller finance type deal,, and you pay a high interest rate |
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loanmasterone
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Call your county or city Housing Department. See what type of programs they have available. If they have a program that you might qualify for they will have a list of mortgage brokers or lenders you will have to contact in order to get the down payment assistance program.
I hope this has been of some use to you, good luck.
"FIGHT ON" |
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