 Using Family as the realtor? |
My mother-in-law became a real estate agent about 1 year ago. We listed our home with her then and it has been 10 months and we are getting discouraged.
We have not had one offer. She has ... |
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 Whats the fastest way/best way to sell my house quick.? |
| Ilive in the albany,ny area------I need to sell asap.... |
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 House Flippers? |
Do house flippers have to pay a penalty tax or fee for reselling the house so soon, as opposed to waiting for, say two years?
Additional Details
What if I only got a six month loan as ... |
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 I have 34 days to come up with $7,500.00. Any ideas??? |
| I am looking for serious answers only. Yes, I do work, but this money need to come from additional sources. It is the closing costs i need for a new home i just purchased in PA. I can't apply ... |
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 If, when I move into a rental property, I pay a months rent in advance and a months rent for the deposit...? |
| does that mean that if I move out in October, I stop paying rent in September or should I get two months rent as my deposit when I leave?... |
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 How come most apartments have carpets? |
| Why not hardwood floors or laminated floors? Isn't it easier to clean and would look much nicer? What's your two cents in this?... |
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 I can't sell my condo and am thinking about walking away from it? What happens to my built-up equity? |
| My condo has been on the market for nearly a year and I can't sell it because of the sub-prime problems. I've listed it for 25K less than I bought it for and still no takers. I'm at ... |
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 FORECLOSURE: When do i have to vacate my house.? |
| I received a notice of trustee's sale saying that on 11/12/08 my house is going to be put in auction sale. I don't understand if i have to be out of the house by this day. Some people say ... |
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 My Girlfriends Ex-Husband of 12 Years Tricked Her Into Signing A Home Equity Loan. Can She Get Off? |
| She divorced him 12 years ago. 3 years after the divorce he refinanced the mortgage and took her name off. He never removed her name from the property deed. 4 years after the divorce he got a home ... |
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 When a rental lease expires how much notice does the landlord have to give you to move out.? |
| I have rented this house for the past 1.5 years and the lease ends the end of October. I had no intention of moving and then today Oct 27th I receive a letter from my landlord informing me that he is ... |
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 If one paid rent on June 1, but stayed for the entire month of June responsible for paying that months rent? |
| One party claims that they do not have to pay the rent because they paid in full on June 1st, yet they stayed the entire month of June and into July. My question is. Are they still responsible for ... |
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 Over my head in my mortgage what to do??? |
| I am at 100% LTV on my home. I cannot make the payment and live in California. I dont want to lose my home, but I dont have enough money coming in to make it. I refi'd my house, because I ... |
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jbay78@sbcglobal.net | How can I get preapproved for a loan for my next home if my current home is not yet sold? |
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Niki
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idk aska realator |
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rogerv_dotcom
 |
Yes...there are a few ways: a. "Bridge HELOC", b. lease the property you're leaving, c. get an exception IF the current home is escrow (but not yet closed)(which I've done successfully several times). |
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nelson_devon
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Ask a mortgage specialist. It all depends on debt, income, etc. |
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bobsled
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Yes, there are a number of ways to finance this...from a bridge loan to a second loan. Consult a mortgage specialist at your bank. |
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miZZme
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are you working with someone on this? usually the realtor will guide you through this. if not you can find websites online that do pre-approval it shouldnt be that hard, because i wouldnt even begin looking for a house if i wasnt approved. |
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linkus86
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The only issue that exists with an unsold home is your debt ratio. A debt ratio is based upon all the money you have coming in versus going out (mortgage payment, credit cards, other types of loans). By omitting your mortgage payment a loan officer can determine how much of a loan you can afford on your next house (because you will have paid off your mortgage when you sell your house). It is sometimes possible to afford two house payments, but usually pretty painful. |
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koifishlady
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u may want to talk to some lenders, i think there is something like a contingent (not sure if that is spelled right) ur house would have to sell first, but u may be able to get preapproved to find out what kind of next home to get. hope i was some help. |
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Searchlight Crusade
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Depends upon your situation. If you're making plenty of money, you might qualify for both loans. If you're not making so much, the loan commitment will be contingent upon the sale. Of course there's always stated income, but you want to avoid that.
Pre-qualification is not something to sweat about. It's a product of clueless lazy listing agents. In reality, a prequal means zilch.
Preapproval is harder, but I really doubt that's what you're talking about. |
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Johnny
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It will be approval pending. Or if you are saying that you will rent, then make a "lease" agreement. They usually offset 75% of the rental income from the debt ratio.
Some loans may require a sale before funding others may not, you need to ask easch lender before applying. |
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