 Contract was sign to sell our house. Photos were taken. After 1 week, it is not in the market. Please advice.? |
| It was signed August 7, 2007. By August 14, we tried to call the estate agents 3 times and they said, they will send somebody. Then, they called and sent a couple to view the house (Mr. & Mrs. R... |
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 Can i refuse to take work home with me? |
| if i work a 30hour week7.00am-13.00pm (contracted) can work get me to be on standby (this means taking a mobile home and work from home)from 6-11pm this means 11hours and then i still have to go to ... |
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 Should i have the home I'm purchasing inspected before I make my first offer? |
| I'm buying a new home and need to know if I should have it appraised before I make my first offer.... |
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 If a dead tree falls over from the property next door, are they liable? |
| Ok so I am a college student subleasing a room in a house for the summer from a company. There is a parking lot behind the houses which all the tenants use. There is an adjacent property next door ... |
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 If you rent...........? |
what is the rent on your home? how many bedrooms and what area do you live in?? do you think its to much or cheap?
Additional Details
i live in a 3 bed cottage (south england) £600 per ... |
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 What does it mean when the company that you pay your home mortgage files for bankruptcy? |
| I pay my home mortgage to American Home Mortgage and I just saw online today that they are filing for bankruptcy.... |
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 Where would you move to? |
| Im considering moving to these areas but cant decide, San Diego CA, San Antonio TX, Fort Lauderdale FL, or Scottsdale AZ?? I eveantually want to by a house.... |
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 My wife and i have been looking at a home (asking price 155000)? |
| this house has been on the market for145 days . we put in an offer at 145000 because most of the other homes in area sold for less the seller counterofferd back 153000 . can someone tell me what'... |
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| Is it against the law for the rental office to place an exposed late notice on your door? |
| Someone saw my late notice for rent and said that the late notice must be inside an envelope or at least presented in a way that is discreet and not so easy for anyone to read. Please advise.... |
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 If I give a landlord a deposit to hold an apartment and decide 8 days later not to take it, can she keep money |
| My brother gave a landlord a $200. deposit to hold an apartment and 8 days later after the landlord dragged her feet doing a background check and credit check, I found another apt. She now says that ... |
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 Under what circumstances can a landlord change the terms on the lease? |
| My landlord stopped by earlier this week to let us know that the "owner drove by this weekend and was disappointed with the yard"---uhh, well yeah! It's a total mess of weeds and it�... |
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 Can she kick this lady out - they never signed anything? |
| My best friend posted an ad on Craigslist searching for a roommate. The deal was 1/2 hourse share for $550 a month. Well, things have gotten pretty bad lately. She's only lived there for a ... |
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 Is it possible to find a decent home for 150,000? |
I live in the Twin Cities and would be looking at surrounding areas.
I would prefer 3 bed 2 bath but will take 2 bed 1 bath if I can add to it a den and another bathroom.
Also, ... |
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 Can I transfer title in my sons name without spending on refinancing? |
| We wanted to buy the house in our son's name, but since he did not have enough credit history in USA, we applied for the loan in my and my wife's name. So the house is obviously in my and ... |
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 Can I borrow money against my house? |
| I have a house that I own with the mortgage paid off. My Mum lives in it. I want to borrow £30k to use as a deposit for my own flat. Can I borrow against the house that I own that is paid off?... |
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 What's the price range of house I can afford? |
| I'm the first time home buyer with under 20% to put down on a house. I make about $70,000 annually (before tax). I have no debt at all , my car is paid off in full and I'm a single parent ... |
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KidBao | I want to buy a new home before I sell my old home. how? |
I know the housing market is bad. Houses in my area aren't selling. Prices are going lower. I've found my perfect home and I want to buy it. I think I should be able to just pay interest only on both homes for a while till the market gets better or if I'm lucky my old house sells. Any better way to do this? I want the new house sooner than later etc. I'll also have to pay pmi unless I can pull lots of money out of thin air.
Additional Details
I plan on waiting as long as possible and of course try darn hard to sell my current property. I've been looking for houses for a year now and this is the first one I've found that I like, house and location, schools etc. it's perfect, I gave up looking a month ago cause I hadn't found anything even remotely close. |
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Carolinahomerates.com
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DO NOT BUY THE OTHER HOME W/OUT SELLING YOUR OLD HOME FIRST. There are many borrowers who are foreclosing on the 1st home..and ruining their credit.
THERE WILL BE OTHER HOMES THAT YOU WILL LIKE.
It's not worth sacrificing good credit...your familie's future because of a 'home'. This is called vanity.
Do not put yourself in a predicament that nobody will be able to save you! Sell your house first......there are a lot of ppl pulling out at the closing table!
make all your future purchases on contingency of selling your 1st home. |
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kattsmeow
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I doubt if you will be able to get an interest only loan on the new home. From what I read, those loans were in the past. I would be very careful for your old home may not sell for a very long time. |
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Jim M
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sell your home first..... the only way you can bridge them is if yours sells before the other one closes.
If you really want this other home.... ask for a long closing date, or buy on the condition that you sell your present home.
There is an escape clause that you can use.... if somebody else comes in with a cash offer.... then you will have 72 hours to waive your sale of property condition. |
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divepassion
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Consider putting a tenant in your current home and purchasing the other for your primary residence. |
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Judy1
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If you already have a mortgage on your current home and it's not an interest only mortgage, you can't just switch over and start paying only interest. And getting an interest-only mortgage on this new home, especially since you already have the other mortgage, isn't real likely unless you have a very high income and very little other debt.
If a bank is willing to finance something like this, make very sure that you are able to carry both payments for an extended period of time. Like you said, the housing market is bad - you don't want to end up losing BOTH of the houses because you get yourself into something you can't pay for. There will be another "perfect house" later if you don't end up with this one. |
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John M
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you need what is called a swing loan. Typically the lender for your second house will need to believe you are going to be able to sell your first house in a reasonable period of time for the amount you specify. Since houses in your area aren't selling, they will understandably be cautious about your proposal. If you have a realistic selling price for your house and are planning to use a realtor, the bank might be a little more comfortable with it. |
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cellardoor214
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Make the buying of the new home contingent on the selling of your home. That way you do not end up paying two mortgages at the same time. |
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Alterfemego
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Well have to talk with any lenders to see if they will go along with your scheme? I asked that nicely because I don't know what your financial situation is, but are you crazy? !!! This whole loan crisis is due to interest only loans and adjustable loans where the borrower couldn't qualify.
You were just pulling our legs weren't you? |
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I_Love_McRedneck
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They have loans that help people out - bridge loans or something like that.
You could always write it in the contract that your offer is contingent on the sale of your house. They may want a time frame though. |
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Rick K
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not sure where your at but if you are in NC contact me and we can assist you you are bound by the terms of your exist ing mortgage but possibly you could do interest only for short period of time 10 years etc on your new loan depends on many factors |
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C K
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My friend told me about a "bridge loan" Maybe that
would work ?
http://www.forbeginners.info/mortgage/bridge-loans.htm |
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