 What are the steps in buying a property? |
| I'd appreciate it if someone broke this down for me. For example, do I need to get a mortgage first, then starting looking for a property? then what? I based in the UK if that helps.... |
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 How do I go about getting a loan to purchase a home? |
| I have found a home that I want to purchase, nothing new but it has potential, the price is 75,000...what qualifies a peron for a loan to purchase a home???I am 23, My credit is @600 and I have a ... |
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 Im a 1st time buyer looking for a property in london. Budget is £200,000, where in can i get value 4 money? |
| Current seeking 2bed house/flat in london, this is a challenge being 1st time buyers but we desperately need to get onto the property ladder. Please can you advise what area within london or ... |
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 I am selling my house privately, do I need an attorney for the seller disclosure agreement or just closing? |
| One of the potential buyers has requested a copy of the seller disclosure document, I have downloaded the one for our state, but do I need an attorney for that, or do I just take it to closing with ... |
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 We were preapproved for a mortgage but at underwriting they keep dening loan because of unique property. why? |
| we had the appraisal done, we have tried different lendors but because there are not enough comps the property is considered unique. what can we do?... |
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 I can't get any info from the realtor, what do you think may be wrong with these homes to be so cheap? |
| I really like the look of these homes, but when I call the realtor they will not answer any questions about the home, they keep suggesting the more expensive newer homes. I don't like the look ... |
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 Can somebody help me find an apartment!!!!? |
| My husband and I are looking for an apartment in or around Galena, IL. We have already looked at all the major apartment websites and have had little to no luck. I was wondering if anybody knows ... |
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 First time home buyers: discounts, no down payment??? |
| my husband and i are thinking about buying a home for the first time. we have heard that first time home buyers can receive discounts. we also heard that we can have an easier time getting a loan and ... |
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 Claiming unowned Property/Land? |
I've been looking around online and found a website claiming to provide information on how to acquire for free unowned property or land.
how is this possible? i mean if it was that ... |
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 Splitting rent 3 br 3 roommates? |
| Need a good idea for splitting rent fairly between myself and my two roommates. There are 3 brs, but 2 of them are almost equal, so the price should be similar, with one being just a tad higher. So ... |
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 How exactly DO you find an apartment? |
| A friend of mine, and I are looking to rent a two bedroom apartment together. (which is good as we are both basically homeless; I'm crashing on friend's floors, and she is bouncing between ... |
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 If a home is foreclosed on, is the homeowner liable for any repayment of the loan? |
| If they receive less than what is owed, could the owner be sued for the difference?... |
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 Where can you buy a decent detached house under £250,000 and still live max 1 hour away from London? |
| We want to buy property outside of London, but want to be able to commute in for work. Where can I find a decent detached house in a good area and close to ammenities and be no more than an hour ... |
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 Can my landlord tell me that I can not have quest sleep over or have children in the house? |
| I am renting a 2 bedroom unit out of a residential home. My unit is attached to the home with my own separate entrace, with my own restroom and kitchen. I do not have guests over on a regular basis.i ... |
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 Is the real estate boom over? |
| how long should I wait to buy a house? next year, or the year after that?... |
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zoe1594 | How long do you have to own a house before you can get a home equity loan? |
My husband and I are in the process of buying our first home. We got a great deal on the house at 1/2 the appraised value. How long do we have to own the house before we can take out a home equity loan on the home. We want the money to fix up some things in the house. Thanks! |
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Dennis G
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it's not how long, it's how much equity you have in the house that you borrow against. |
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Nancy Kay
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no need to wait any specific time...in fact, some lenders will set one up for you at the same time they process the loan used to purchase the property...talk to your loan agent. |
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NJ10
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I think if you have equity in your home, you do not have a time requirement. |
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vinster82
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Shouldn't matter how long you own it as long as your credit is good and there's equity in the home. |
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Mike E
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As soon as you have equity. |
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lilygateau
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When your house is appraised and it can be sold for much higher than your mortgage that is your equatity and you can borrow a percentage of it. |
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Blitzpup
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Not time limits at all, at the original closing if the property is worth more than the mortgage on it. |
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bobhope1215
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Why not get the money and fix the house right now! why pay two sets of closing cost?? Why pay the higher interest rate of a home equity loan when you can have a low rate and one payment instead of two? Your mortgage broker should be able to do this without difficulty. If not and you live in Indiana,Mich. Tenn, Fla. Ky E mail me and I'll do it for you, Those are the only states I do business right now, But there are a lot of mortgage folks here that answer questions so there is bound to be one licensed in your area that can help you. |
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General C
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until the home has equity in it |
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Me2 Me2
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There are national Lenders who have No Cost HELOC or Fixed 2nd loan programs.
Ask a reputable broker about those programs to avoid paying closing costs. (Citi and GBHE are two of the major providers of these products)
Me2Me2Me3@yahoo.com |
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Maindrian Pace
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2 years..you have to build up equity 1st. don't take out another loan for fixing up the house it is way to early and banks will charge a HIGH interest rate.. |
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