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 What type of loan should I apply for?
I own land, with a tax value of 35k. I cash purchased a single wide manufactured home, and installed a septic.
I've been renting for 5 years and doing this slowly. Recently was laid off ...


 I'm a Realtor and I put in a offer for my clients.?
My clients put down half and went over asking. The other agent is within my company and does not return my emails or phone calls. He meet with the owners last night to go over the offers and I'm ...


 Finding it difficult to get a Guarantor for private let UK, what should I do?
I can afford the privet rent, I work part-time and will be getting housing benefit when I move in. Because of this though, I have to provide a Guarantor.

My brother-in-law is and was ...


 I need some help with a sheriff sale?
okay so there is this sheriff sale going on july 23rd in my town. there is a house that im really interested in and would like to buy before the sheriff sale is that possible?? i live in ohio and a ...


 Would you move into a house that was once a funeral home knowing the original owner of the house died in it?
...


 8 people in 5 bed shared house is this legal?
Theres now 8 people living in my (5 bed) shared house and theres only one bathroom to me seem's like there's to many now is this right ?...


 One of my roommates didn't know we had to pay 1st month rent when we sign the lease?
We came up with the idea of her writing a check for $400 as "good faith money", since my other roommate and I can pay our share.

We each have to pay $1035 so she's $635 ...


 where can i find apartments on rents in Dubai?
...


 how many percent is the closing cost in Suffolk. long island. ny?
If the house value is $200,000 and the down payment will be $10,000. How much will be the closing cost?...


 to build or to buy a house?
my fiance and i are looking at houses and today she fell in love with one! im not going to get into the details but the price is 3,800,000. im sure itll go down a lil but it got me thinkin, i could ...


 real estate law... please help?
today in my real estate law class we were discussing "surveys," "metes & bounds," & "1031 exchanges"

...if anyone could explain any of the above ...


 How long on avg does a real estate agent put a vacation rental on hold?
Our rental agent doest take credit cards, so if a person calls to book my beach condo rental. how long should my agent keep on hold for a person who wants it before they get the money? the reason i ...


 What's the down side of selling rental property?
It's paid in full and has been rental property for the pass 20 years or so. What can I expect if there is a down side?...


 Best neighborhood in Irvine, CA for young singles?
...


 How much does it cost to rent a small storage facility?
nothing fancy, just a small room with a lock on it....


 What would I need to know before buying a house?
Im a first time home buyer and my husband and i wanna get a 3 bedroom home that is affordable
we would only be able to pay 1,000 for rent and bills is that ...


 how would i know if i reaffirmed my mortgage after bankruptcy?
...


 i need a good payday loan for paying my bills immediately?
Every payday loan company reject me.I just need to loan 700 to pay for my bills ,could you recommend me some I want easy approved loan with no fax............


 Ok, my lease is up next year & during tht time im goin to work on my weakcredit i.e Im trying to buy a house..?
Does anyone have any tips or ideas.. What should I do? I would be looking into maybe 30000 at the most~ because Im not planning on living in this state.. The only thing I have to clear up on my ...


 buying a house for the first time?
im wanting to buy a house for the first time but how do i get a first time buyer loan with out all the hidden closing and prepaid cost?
Additional Details
the broker i spoke to said it ...



Daisy10
I am buying a house on contract from a friend...have a question?
Hi,

I am buying a house on contract from a friend....In the near future, when I have the full down payment, I will get financing through a bank.

We have talked to several local people (attorney, title company) I'm still a bit confused as to what, if anything, does my friend need to get from his mortgage company?

Thanks!
Additional Details
Thanks Linkus:)....that sounds simple. I guess I was assuming that the mortgage company would have to give some sort of 'permission'.
                     
 




linkus86
Rating
The only thing the seller will need from his lender is the final payoff amount, but that won't be necessary until when you are ready to close on the sale


Chicago Poop
Rating
You guys should each get a real estate attourney to handle the transacton. It'll cost a few hundred bucks but well worth it considering your making such a large important purchase.


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