 The house has been reposessed? |
It's up for £145,000.00 the bank is owed £83.000.00
how much would you offer?
... |
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 What is escrow? |
| We are 1st time homebuyers or fixing to be. I have been researching all these terms, but i dont understand escrow...there's escrow account, escrow on the house. What is this..and i even heard ... |
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 I'm selling my house and only getting about $1400 out of the sale...? |
| In 2004, I purchased my first home. I was recently divorced, and took a loan that didn't include taxes and insurance. In 2005, I refinanced to include taxes and insurance, and also paid off my ... |
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 Mortgage help please, how much per month? |
can someone please tell me know much this will be per month
our home will sell for £180,000
we have £61,000 mortgage left
house we want to buy is £229,000
over 19... |
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 My landlord is demanding I mail my payment. Can she do that? |
| My landlord, who lives a few miles from me, is now demanding I mail my rent payment to her. I did have a returned check last month, so now she will only accept certified funds. In that instance, I ... |
|
 I'm moving to Fl for school, me & my bf want to buy a house together? |
| Only myself will move to Fl and live in the house. But my bf wants his name to be in the tittle too. We will split in half to put down payment, monthly payment, bills, etc... Of course we will have ... |
|
 Can a family with small Children be evicted in Winter months in Vermont? |
| A friend of mine has fallen behind on his rent,due to unexpected unemployment. He has started working again but is being threatened with Eviction. They have a 2 1/2 year old and a 11 month old living ... |
|
 If you are an apartment tenant on a month to month tenancy, how much notice is required if they raise rent? |
| I moved into an apartment Aug 2005 and signed a one year lease. In Aug 2006 my lease was up and I was never asked to sign another one. I guess that means I've been a month to month tenant ... |
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 How do I get rid of my flatmate? |
| My boyfriend and I share a place with our flatmate. He's disgusting. He has his own bathroom and I am pretty sure it's been cleaned once since we moved in [we've been here 6 months], ... |
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 My landlord took my bed and gave me a single matteress? |
| He sold the flat and I have to find a place by April but the thing is, he took the furniture out yesterday including my double bed and gave me a single matteress to sleep on, not even a single bed, ... |
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 Letter from Landlord? |
| I Just received a letter from my landlord saying that after 35 years that he will be selling the building that I am living in. The lady on the 1st floor from me told me that they may be tearing down ... |
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 My rent checked bounced and I am now being held responsible for the landlords fee's from his bank? $470 WORTH |
-THIS IS NOT IN MY LEASE
-I DIDNT SIGN ANYTHING STATING I WOULD PAY THOSE CHARGES
- I ALREADY PAYED THE FEE'S FOR MY CHECK BOUNCING AND OVERDRAFTING HIS ACCOUNT.
-I STAY IN A CONDO... |
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 Low income apartments and housing? |
| My fiance and i want to move in yogether but he makes 7.00 an hour and i make 7.75 an hour and were both in school is there any way we could get a place?... |
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 Noisy Neighbours,what would you do? |
| Hi everyone,i live on my own with my 8 month old baby in a house,ive just had new neighbours move in,they have been there about a month,they can be so noisy,they come in at 3 am banging around,... |
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tak3032 | How much credit do I have to build up before I can purchase a house? |
I have very little credit and I am tired of living in apartments. I want to purchase a house but I've heard I have to have good credit and at least a credit score of 700. I'm at 560 right now and to increase the credit score will take a long time. I just want to know is if I get it to a 600 will I be able to get a loan for a house? Thanks for all your answers and suggestions |
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cory h
 |
I think with a score of 560, you in the realm of reality of getting a home loan now. The only stepping stone you might have is work history, or down payment. I think you are on your way to owning a home already. |
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stephen l
 |
You have more options than you think; contact a loan officer. I recommend Smart Choice Mortgage. They do business in most states and are your best opportunity for someone to say yes. ADDITIONALLY, IF YOUR CREDIT IS SUSPECT, THEY SOMETIMES FRONT THE MONEY TO GET YOU INTO A CREDIT RESTORATION PROGRAM SO THAT YOU CAN QUALIFY FOR A LOAN. Check out the free evaluation form at the source website and a Smart Choice loan officer will contact you within 24 hours. Good luck. |
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jedibratt
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You need to have at least 24 months of positive credit history. Someone had mentioned that he barely had any credit history, and got approved. There is a difference between getting preapproved, and getting an actual approval, which results from a complete application and file submitted to the bank. Anyone can call ELOAN and get preapproved, that doesnt mean squat. I'm a Loan Officer and this is a difficult market to try and purchase a house in. Think about it, if you were a bank what would you like to see from a potential client? Good, sustainable income, and a history of positive credit accounts, meaning there is a willingness on the client to pay their revloving lines of credit. The best advice I can say regarding home finance, is put yourself in the other persons position. Why would you think that a bank, that lends money, would lend that money to people who have displayed a history that they cant pay anything on time? Or that they have not had a history of paying anything. I know it sounds unfair, but again, it's a bank. Spend some time building your credit history, it really doesn't take long. |
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golferwhoworks
 |
If you have no open collections or negative reporting the last 2 years then you can buy now FHA and put just 3% down to close or less. You do not have to a score at all for FHA.
I am a mortgage banker in TN & KY |
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nostalgia80
 |
Well, you probably can get a loan, but the interest rate would be pretty high PLUS you're gonna have to down pay a lot.
Usually, people down pay about 10-20% but if you have bad credit, you might have to downpay like 40%.
and since the interest rate would be high and considering down fall in real estate these days, I don't advise you to buy house now. |
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m d
|
You need a credit card, and a cell phone, paying off these bills ON TIME, or early, will build your score. Also buying a car will Greatly improve your score, the catch is you won't get a great rate with that score.
Buying a House and/or a Car are the two ways to greatly improve (or hurt) you credit, they are Major purchases, and therefor they rate heavy on your score.
Bottom line, Always pay off all your bills on time, or early, if your late, it will effect your credit negatively very quickly. |
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utahbizboy
|
I just tried to get a home equity line on my house and for that they said I couldn't be below 630. My score happened to be at 610 and I was told I COULD refi the house (get a new mortgage) but that was more expense than I was willing to invest. So at 610 I could have purchased the house, but the better your score, the better the interest rate and terms will be, so if you can get your credit cleaned up/repaired, it is worth it. |
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iceman
 |
First of all whoever told you that you need 700 is flat out wrong.
And second, people have become preoccupied with credit scores as if they are the only thing that matters with a mortgage. The most important factor is and always be your income. The bank wants to know that you have suffiecent income to cover the loan. After that you have things such as down payment and other debts.
In general 560 is a score that will give you trouble with a mortgage. But if you have good income, a good downpayment and low other debts, you may find someone who will work with you. Work on getting that score up over 600 and alot more doors will open for you. |
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smalltd28
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I got my home loan approved, just last month, im only 24 and I dont have any credit history at all... I have a 30 year note, and a high credit score, but no history, so you dont need credit history, or at least not much |
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SvetlanaFunGirl
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You can alway get a loan, you'll just have to pay a higher interest rate. If you have saved a down payment, and have enough income to cover the payments, they will loan you the money
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