 Why rent instead of own? |
| Why does it seem like more people (in US at least) are renting apartments these days? The apartment buildings are getting fancier and higher priced to appeal to more people, but my hubby and I are ... |
|
 Who is at fault for the Subprime Mortgage Crisis? |
| I've heard opinions that the subprime mortgage crisis is the result of predatory lending, uneducated borrowers, over-valued homes, and a lack of government regulation. What do you think is the ... |
|
 Getting my own house? |
| im getting my first house and cant really afford much furniture etc, what do you think would be the best place to look? i need to buy everything and only have £1k ...... |
|
 Denied for apartment? |
| I was denied for an apartment on the grounds that my prospective landlord called my current residence and asked the landlord there if he was aware of the fact that my boyfriend was living with me. H... |
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 Is it a good idea to buy a house before you get married? |
| A friend of mine is thinking about buying a house with her partner. They are in no rush to get married, but thinks this is a good idea to save money. Her boyfriend is using his trust fund to put down ... |
|
 Is LendingTree.com legit? |
| has anyone ever used it? i'm a first time homebuyer...and am looking for the lowest interest rate I can find. I heard that LendingTree.com will have different banks offer me different rates....... |
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 As a single first time buyer...? |
| How hard was it to get onto the property ladder? How did you do it? I feel I should be looking into this now but realistically can only afford a 50k mortgage and there aren't any properties ... |
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 What is the housing market like in your neck of the woods....? |
| How much would a 3 bedroom ranch with an attached garage cost where you live? One that is in relativly good shape....... |
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 2 bed 2 bath apartment for 2 couples? |
We are 2 newlywed couples, that go to college. We want to move in together. Would we have to pay more because we are 4 people? How would we divide the rent if one gets the master bedroom?
A... |
|
 Why rent?..still does not make sense, ...? |
| even though being a 'renter' is less responsability you NEVER finish paying the landlord. Of course being a home owner, you pay property taxes and insurance...but you get to write it off ... |
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 Seller wants to stay past closing date... how much to charge? |
| I know it is mainly an individual's choice on how much to charge if the person you are buying a house from puts in a request to remain in the house a few days longer. I would just like to hear ... |
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 I own a house with my boyfriend and i want out of the house and the relationship. Can i sign the house over? |
| i am 24 yrs old and my boyfriend and i bought a house together 18 months ago and now i want out of the relationship. With the market how it is right now it is almost impossible to sell. I want out ... |
|
 I need to break my lease!! how can i do that?? |
| Im in a lease at my apartments but the crime is getting real bad. my car got broken into and one of my good friends got raped near where i stay. there has been a big rise in crime since i have lived ... |
|
 Refinancing with poor credit? |
| I am in an adjustable rate morgage, I have been for 3 years now. It is a 80/20 loan. Paid 115 and it similiar homes are going in the high 130 or low 140. My credit scores are 559 at low and 585 at ... |
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 How does a foreclosure affect a co-signer? |
Hi,
I was just curious of how you can save yourself, as a cosigner, from a foreclosure?
Does anyone have any idea?
Thank you very much.... |
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lonerider4357buster | How hard is it for a first time homebuyer with poor credit to buy a home ? |
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 |
 
dragonfly_3
 |
www.naca.com
It's a non-profit dedicated to helping people address their credit issues and buy and keep a home. They do their own financing, check them out. |
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snickerz93
 |
kinda hard |
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avalm@sbcglobal.net
|
Ummm, I know here in Ca. its hard. Although they say there are many special programs out there, I've yet to find one that doesn't require a large down payment.
Get onto the web and look for your state and keywords such as first time home purchase, bad credit..........play with the words, you'll find what you're looking for.......... |
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jenny
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i have terrible credit...and bought a really nice home but its 8% interest, but its worth it to own your own home |
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Plain_Common_Sense
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actually, it isn't hard, just very, very expensive. You will be made to pay off any outstanding debts and/or bad debts. Plus, in all likelihood you will pay a premium in interest, which will force you to look for a less expensive house.
My best advice is to find a lender and get pre-approved for a loan. This will help in two ways...(1) to find out exactly how bad your credit really is and what you have to do to clean it up and (2) if you are pre-approved, you will know exactly how much you are approved for, that way you will not look and fall in love with a house that you can't afford. |
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seeyou2710
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check into FHA loans or HUD 1 loans they will give a grant for closing and down payments also ask about 1st. time home buyers programs.also its easier to call mortgages services then banks.your int rest may be a little high but it is worth owning your own home. |
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FinanceMan
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I am a mortgage specialist. Much of what has been said is quite true. The one thing that has not been addressed is what your idea of "bad credit" is. Since I have been in this business, I have seen many cases were people considered
their credit to be "bad credit" simply because it wasn't perfect. I don't know about your credit in particular, but
many times the credit in question may not be as bad as you think. Therefore, it is possible that you may qualify for a
better loan program than what you think. If you want me to explain further, contact me at wwi_2@yahoo.com |
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jebulee2me
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If your credit above 500, then you can find a way. If you need more info, contact my supervisor jubileefunding@verizon.net |
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paratypooper
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Yes! You'll be raped on the interest thats if anyone will loan you the money. I am an agent and I advise you to improve your credit anyway you can as soon as you can and then in about 3 years think about purchasing a home. |
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Covenant
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Varies tremendously, but it can be done. I would suggest contacting several mortgage brokers, as they can often put together deals that are customized for your region. You may want to consider a condo as a starter. Most importantly, read up online or buy some books. |
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