 Would you buy this house? |
| We are thinking about buying this beautiful 1880 Victorian home. We would live in it, not rent it out. We can pay for it outright but it needs some work. It has a new roof but needs a new paint job ... |
|
 In a divorce can I take my wife off my mortgage with out refinancing? |
| The curent morgage rates are at least 1.5% higher than my curent rate of 6.25%.... |
|
 Is the landlord of a trailer park required to attempted to notify me before they cut my lawn? |
| I live in a trailer park and somebody without notice started cutting my lawn now I owe an extra $40.... |
|
 How much housing benefits am i entitled to? |
| im 18 and im 18 weeks pregnant and my house is over crowded and i need to move out before my baby is due. i was going to move into a house with somebody but that fell through. the thing is that house ... |
|
 How do I fire my Real Estate agent gently? |
| I'm in the process of buying a home, and I feel that I haven't been assisted by my agent at all. I've found a new one who is willing to help me out, but I must first fire the old one. H... |
|
 What do you think of Estate Agents? |
| What kind of person would you imagine they'd be?... |
|
 I just contracted on my first house, when can I start cleaning and painting it? |
| Our closing date is Oct. 13th and it needs some work before we move in, how soon can we start on it? Do we have to wait until closing? We already have been approved for the loan. We just have to ... |
|
 Who here lives in a rich town? |
| and what is its median income or house price?... |
|
 Im being evicted in 10 days.. Help!? |
| We have just been served our eviction notice, the baliffs have only given is 10 days to get out. Went to the council yesterday to sign for temporary accommodation, but the problem is, we have 3 dogs ... |
|
 Are realtors and brokers just useless middlemen? |
| What exactly is their profession that allows them to take 3-6% out of a sale? Did they go to college? Did they build the house? And what exactly do they do? Open doors? Shake hands? Be somewhere 9-5? ... |
|
 Neighbour parking outside my house??? |
i live in a terraced house in a corner! and we have garages behind the house ...
i cant park infront of my garage because it wasn't built properly and if i park their it will block ... |
|
 How to get my house to sell????? |
| ive reduced drastically like 60,000$ i have a 4/3 all wood new floors on 1 acre in vero beach florida,great schools everything i even brought a home stager to design my house it shows well but no ... |
|
|  |
mediceastnc | I wonder if I will ever be able to purchase my own home. I have crap credit , and a divorce. Is there hope? |
I would like to purchase my own place someday . I divorced a few years ago, my credit is terrible . I owe some bills and work hard. I feel like I'm doomed to rent til I die. Any help as to where to apply or even waste my time or others? I can manage my bills well and I am pretty smart but I am new to home owner ship. Send some help my way PLEASE!!! So I may get on track. I can take constructive criticism, lol |
 |
 
Azure Horse
 |
First off you need to budget and stick to it. Get your credit cards and loans paid off, that will improve your credit. Get a credit check and make sure there isn't an open account that got forgot or a joint account with your ex that could play havoc. Once you are out of debt open a credit card account and make a few small purchase that you can pay off that month so you would carry no balance but show responsibility. In the mean time open a savings account and put what you have extra in it even if it is just ten dollars a month, that will build equity for you. If you can do this then home ownership is a real possibility for you.
To many people try to show the world how much they have with things, don't fall into this trap. My family has budgeted and stuck to it for the past 8 yrs and now we are buying a new home. But we didn't always have the nicest things or go to the movies lots. Every little bit helps. You can do it. |
|
julie_mustang
 |
Of course there's hope :) ! But you should start working on paying those debts off, call the credit card companies and ask them to lower your interest (tell them you're thinking about filing bankruptcy and that would get them!) If all else fails, when you're getting ready to buy your house ask your parents or a good friend to co-sign your loan! Good luck. |
|
bianca
 |
Of course you can be a homeowner. Bad things happen to all the people and sometimes we don't have control over those.
First you need to check your credit. Go to myfico.com it will cost you around $50.00 to see your true FICO scores, the ones the lender consider in granting mortgage. See what is in there. In most states collection accounts are removed from your credit after 7 years. Check how old they are- if they are about 7 years old, don't pay them, because if you touch them, this will bring your credit down. If you see not correct info on your credit- try to work with your creditors and always ask for the letter from them ( you can updated this info with the credit biuros) with any changes. You can also talk with the mortgage broker who will advise you how to improve you credit to qualify for mortgage and when you can do this. Good luck. |
|
=] Bee =]
|
Get yourself a good job and there is a chance that you will be able to pay off a mortgage after a number of years. For a first time buyer i would recommend something small and cheap like an apartment |
|
Lisa
 |
You can always save money and buy a home with cash...mortgages aren't the only way to buy a home. Or you could buy a HUD home or foreclosed home for less, and fix it up with cash.
Work on rebuilding your credit by paying debts off and staying current on bills.
|
|
Jude N
|
You have hope and those things which you have loose can still come back to be yours again agreeg?
Then come here http://www.gatesfoundation.org and find for yourself alot of goodies.
Have fun! |
|
Tim
 |
Rent a reasonable place and save money for a down payment. Get your credit rating up and start looking for a place.
Until you can get your credit back up there, it will be tough to buy right now. |
|
litning2001
|
You could try buying on a land contract or getting it through a rent to own program. Depending on your area, there could be thousands available. That is how I bought my last house., through land contract.
You don't have to have good credit for either of these situations. And don't be afraid to ask family members to be a co-signer on a loan. All they can say is "No." And that shouldn't be too hard to deal with even if they ALL did.
|
|
Gayn R
|
Sometimes things are out of our hands and for one reason or another we get in debt.people dont start out saying im going to get into debt and get an awful credit record it isnt like that.divorce shouldnt make a difference to if u get a mortgage or not but bad credit means a higher rate of paying back the money.good news is that when u find a mortgage that will be available to you the paying more is only for a year or two until you show u can keep up repayments.bad credit loans and mortgages are advertised on internet just type it in.good luck i really hope your luck turns around for u.x |
|
francisco4720
|
buy a cheap peace of land or parcel with utilities near by, then save your money to get a mobile home set on it ,there nice just like homes.
check this site out, http://www.azchampion.com/
|
|
HereIAm
|
I went through it too after a divorce. Pull your credit, go through it and pay anything very small/affordable off. Dispute any inaccuracies. Anything old have deleted if over 7 years(time limitation). Anything too large to pay off, don't call the or make payment arrangements unless you are 100% positive you will pay off because if you contact them, set up a plan, or pay one single payment-it resets the 7 year clock to that date. Every 6 months pull your credit and check, but DO NOT apply for anything new, cards, vehicles,etc. because every time they check your credit-it lowers your score. You get a free credit report ever year on annualcreditreport.com Most people can get a decent home loan once thier credit score is about 650. Don't fall for an ARM loan where you have a lower interest rate, then it jumps up after 2-3 years to a crazy rate. Only look for a fixed rate loan. It is possible, and it is possible as well to get into a home without any money down and negotiate where the seller pays the closing costs. Just take a year or so, and work on your credit. You can check your score for approx. $6 or $7 on any credit bureaus website, like Experian to see where your at now. You can do a search online for lenders in your area that work with 'problem' credit, and they can give you tips as well once they find out your information on what exactly you need to do to be prepared. Don't worry, right after divorce it seems like everything is ruined, but you can and will get back on your feet if you take care of yourself! |
|
Ashmu
 |
Suze Orman has some great tips on not only how to manage your finances but how to help you build credit in a smart way. I would suggest looking into her website which I have linked below. |
|
Steve D
 |
First, you need to start by rebuilding your credit. Concentrate on paying off any credit on which there is a balance. Try not to use any more credit until you have done this. Once you have paid everything off, if you still have a credit card, sue it only for small purchases that you can pay off monthly (avoiding finance charges). This will slowly build your credit score.
While you do this, start saving money. Aim for saving $5,000 to $7,500 a year. You will want to bring as much money to the table when you get to purchasing a house. Savings $5K to $7.5K will give you $20-30K in 4 years, not including any earnings (Since this is a short term goal, put the money in a safe investment - 2 years CDs would be nice since they pay higher earnings then shorter term CDs) - try to get variable or adjustable CDs in case interest rates go up).
If you can do it, a second job would be useful - save as close to 100% of the wages from the second job as you can - this will increase your ability to put a nice down payment on a house.
Since you don't mention where you live, we can't get a feel for what housing prices are like in your neck of the woods. In about 2 years, start looking around at neighborhoods. Don't tour anything yet, but try to get an idea of favorable places to live, affordable places, etc. What you really want is a decent house where $20K is 10% or more of a down payment (houses $200K or less). You will be required to pay PMI at that level, so if you can save more, it would be better. Also, there will be closing costs that will eat into your down payment, but you may be able to get a deal where the seller helps with costs.
It may be a long haul, but if you are steady about saving and rebuilding your credit, there is no reason why you couldn't have your own place in 4-6 years. |
|
not even joking
|
YES pray and god can help you serusly and if you went to collage you have a even better chance of getting a good job |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
14 | 12 minutes(s) ago
| | | |
14 | 19 minutes(s) ago
| | | |
14 | 57 minutes(s) ago
| | | |
14 | 1 hour(s) ago
| | | |
14 | 3 hour(s) ago
| | | |
14 | 7 hour(s) ago
| | | |
14 | 9 hour(s) ago
| | | |
5 | 10 hour(s) ago
| | | |
14 | 1 day(s) ago
| | | |
14 | 5 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
