 Apartment question? |
| My neice found an apartment she liked. She submitted her application and was approved. She paid the security deposit fees and will be going in office saturday to read over lease and sign. The office ... |
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 How can I remove my partner from owning the house? |
| I have been with my abusing bffor 8 years now and we own a house together. If I can persuade my bf is willing to sign, how do I get his name taken off the joint mortgage and house ownership? O... |
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 I have been offered room in a house that is owned by person offering it. ? |
This room would be $500 a month including utilities. What should I be aware of
... |
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 Owned my house for 10yrs. Then g/f moved in. Then remortgaged and in joint names. Now she wants half!!!? |
| I owned my house for 10 years. I met a girlfriend and after a few yrs she moved in. All was well. Then I remortgaged and she was going to start paying half the mortgage with me so it got put in joint ... |
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| I live in Texas and watch shows about people trying to sell their homes. I just saw the ugliest pos house that was only 1400 square feet sell for 499,000. What the hell could the person be thinking,... |
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| When people come to view the house i am selling, do i briefly show them round and then naff off so they can look for themselves, or does that just mean they might look under the rug and find the ... |
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| A lady that works for the apartment came by and said she heard a bark i just told her we were watching it, but in most cases will they try to follow up and check again or will they just let it go. ... |
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 Is my landlord just allowed to come over to see the place because she wants to? |
I've lived here for 4 months and she hasn't come in, she's given me some advance notice im just wondering if this is normal?
thanks..also what will she do when she's here, ... |
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 What are my rights, after buying a house only to find the neighbours are really loud!!!!? |
| Ive only been in my new house for around 12 days, and when me and my husband spoke to the previous tenants they assured us the neighbours where really quiet, and as I'm 3 weeks away from having ... |
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 Landlord Problems? Help!? |
| I have been in my apartment for almost 3 months now. When I first moved in the landlord agreed to having a dog in the apartment. He has since changed his mind and put an evicition notice on my door ... |
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 Can you report some one for having a dirty house in the state of Illinois? |
pleas help because we want to get rid of our renters because they are soo dirty they never clean and they are destroying my house!!!!!!!!!!!!!!
Additional Details
I DONT HAVE A LEASE BUT... |
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 What do i do about a landlord that goes in when i am not home? |
| i live in pennsylvania. i rent an apartment. my landlord pays for the heat, water, sewage & garbage. i pay $430 a month for rent & i pay my own electric. my problem has two parts. i have ... |
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| What is the best way to split rent between 3 when the master bdrm is significantly larger? |
| The other two roomates would share a bath while the master suite has its own private bath and patio.... |
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 I need to hire a housekeeper for my house, and my mother's house. What are good questions to ask the gals? |
I am getting people out of "Craigslist" (a free local online newspaper) and I am going to call back about 10-15 ladies for help, what would be some good questions to ask them?
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 Can a 16 year old legally rent a basement suite or apartment? |
I'm not the 16 year old, but I'm doing this to help him find out.
Can a 16 year old in Canada pay monthly rent to live in a basement suite or apartment alone? Parents have signed ... |
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 I'm living with my boyfriend in his own house. Can we put my name on the house also. .? |
What is the procedure? Is it worth it money-wise?
Additional Details
We hae been liing toghether for more than a year. We do plan on getting married. I hae been paying rentbut want to ... |
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elisa t | How do i decrease my debt to income ratio? |
I am trying to buy a house and i was told the debt/income ration must be no more than 40% i am at 42%. the only thing i owe is a $25 credit car payment, $393 for a car payment. I make $2626 per month. What should i do?
help!!!!!!
Additional Details
i only hsv $96 dollars owed on my credit card. |
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America # 1
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what about rent electric you dont have that |
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babywait
 |
You need to buy less house, pay off your credit cards. many banks won't lend at over 36% DTI ratio. The reason is this is based on pretax income and you just can't afford the loan you want. You need to get either more income, less debt or less home. Sorry but this is the kind of lending decisions that is causing the foreclosure problems. Good luck |
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carpediemmaster
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Second job?
I actually rent out 2 of my bedrooms to pay my mortgage... |
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mvpwarner13
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Buy less house! You shouldn't want your debt to income ratio to be 40%. Why do you think there are record numbers of foreclosures? When your house payment eats up that much of your income, one wrong move (illness, lost job, etc) means foreclosure. |
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good4alefty
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I would consider selling the car and getting a cheap, used, "beater" . That payment is 15% of your take home! Then, apply what you would have spent on the car to the credit card until it is payed off. Then, revisit the home buying situation. You're debt would be zero at this point (if the car and credit card are the only outstanding debt you have). Do you have a sizable down payment for the house? If not, consider renting until you have 15 - 20% to put down. You will get a much better mortgage with a nice sized down payment. I know it is hard to put off buying your own home, but you will be much happier in a home that you can easily afford if you wait until your debt is settled. |
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Eron P
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pay off the credit card afster..make more than the minimum pamt |
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tom
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ask if paying off the credit card will help. if not is paying off the car an option? either you have to have to lower your monthly payments or increase your income. you should ask if the lender is flexible and allow you to get an exception and allow you to purchase it with the 42% dti. |
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wisegirl74
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First and foremost, focus on not spending, then create a budget to see what you can live on without the going out and dining out. Then start paying off the car and credit card like a mad man. This could take you up to 2 yrs depending on how much money you owe in your credit card. The best thing is going into a home debt free so you then focus on the house payments and remodels and all the nice stuff you want to get for the house. Remeber, when you move in to a new place all the stuff you own for some reason looks dated. |
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Jeff
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Sell the car.
It's that simple, and that difficult.
Then watch this 5 minute video:
http://www.daveramsey.com/etc/lms/drive_free/ |
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robert w
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sell the car , get cash car.
pay off the other bills.
get 2nd jobs.
as for 2626$ is that gross or net.?
if gross, u will be buying a small low priced house on fixed rate 30 yrs ?
if net , u will be buying medium low priced on fixed rate 30yrs?
ur income is low to afford tooo much house. |
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scott r
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down size the car to a lower car payment.
and pay down your credit card balance.
they don't look at your monthly payment for your credit card.
same as your car.
they look at how much you owe on your car.
the balance of your credit card and how much you owe on your car. they consider that debt.
if your car is brand new you are probably upside down on your car (you owe more that what it's worth) thats why you should buy used)
good luck this is the time to buy.
go for the acorn loan program, through citibank.
they require only 3% down |
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Marysue
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The simple answer: get more income or less debt.
I agree with the other poster. You need to clear up your credit card debt. Do you only owe a small amount or are you only paying the minimum? |
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poopypants34
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either pay off your credit card or get a part time job to bring up your income. |
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Marko
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It looks like your proposed loan payment is $685 per month. The bad news is that even without the credit card payment, you'd still be over 40%. But they might be able to adjust their underwriting if you have less than 12 months left on your car payment - are you anywhere near that? If not, and if refinancing your car payment is not an option, then you'll really just have to hope that mortgage rates will move down enough to make a difference, but that would have to be in the order of about at least a half percentage point.
I'm sure you've already thought about this, but if you can get a co-signer to go on the loan with you, they could help put you over the top to qualify. When I first bought a condo at age 27, my parents co-signed with me and quit-claimed their interest back to me when I could qualify for a refinance on my own a few years later. Not everyone is fortunate to be in this position, but if you have anyone (a nice uncle, maybe?) who believes in you, maybe you could convince them to help you out - they'd be on title, too, so it wouldn't be a total leap of faith. Good luck. |
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kimd9832004
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get rid of your credit card. that should work and don't cancel it. |
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Pam H
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Is the 25$ credit card payment just the payment amount or is that the balance? If it just the payment amount you could pay down the credit card balance. If that is the total balance, pay it off and pay extra money on your car payment. Maybe there is more to the equation that you understand - like apt rent, utilities, etc? |
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Funsumer
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See if you can knock down the cc balance.
For future ref, the worst thing you can do is get a car before buying a home. That piles on the debt for mortgage cos. Now, if you do it the opposite way it's fine (why, I never understood). But if you're locked in on the auto the only thing you can do is get rid of the cc.
The other thing you might think about is asking them how much they are preapproving you for. When you get approved it's usually for more than you want anyhow, you never max out what the mortgage cos give you unless you got a good net. |
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CFPwunaB
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their probably including your whole credit card balance, not just your monthly payment.
First, pay off the credit card - entirely and don't ever carry a balance again
Second, you could either buy a less expensive home or pay off some of the balance on your car loan. |
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Professor Wonderful
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Keep the credit card. Ask the company to 'gently' raise your credit limit. The small increase in your limit will not trigger a credit inquiry. (A credit inquiry can lower your credit score nine points, sometimes.)
With a higher limit at which you are at risk, you still owe the same amount of money. The difference is a gap that changes your ratio.
If you wish to risk it, you could apply for another credit card, triggering the credit inquiry. But, if you get a card that has a ten thousand dollar limit, AND YOU DO NOT USE IT, then your debt ration will change massively.
Another method would be to have a credit negotiator lower the balance due. You do not owe enough for this to work.
In fact, I do not accept clients who have less than about $8,000 in such debt. Those people I can almost always get the amount owed reduced by a nice percentage.
You are very close to qualifying.
Do not charge more on that card, please.
www.EndlessLegacy.US is my site. It will give you a tip on how to keep your home in the event of a lawyer knocking on your door. (Big tip: NEVER own a home as a joint tenant with your wife. Never, never, never. It is an invitation to slip & fall lawyers.) |
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