 We just bought our house, old owners said basement doesnt flood, it does. What can we do? Are they liable some |
| we bought this house because the owners said the basement did not flood, we use at as living space, and now it floods and cannot be used.We just bought it a year ago.... |
|
 Can a housing society refuse us a house because we have no local connections? |
| After being told that we had been recommended by the local council to the housing society for a new house we were elated. However after two days later being told that we had it the folowing day we ... |
|
 Is my landlord legally permitted to enter my apartment when I am not there? |
| I sent a note with my rent requesting several repairs to be made. I know they need to give me 24 hours notice before entering. I will not be home all day on Wednesday. I was told by the building ... |
|
 Rent free living? |
| How can someone, on a low income, live alone without paying rent, or paying a 'peppercorn' rent. How many ways can you think of to do this.Can be basic caravan, shed,tent, or palatial I'... |
|
 If a tenant is on a month to month rental agreement, and wants to move out before next months rent,? |
| If a tenant is on a month to month rental agreement, and wants to move out before next months rent is due, can the tenant legally do this without legal repercussion? Is there any law saying there has ... |
|
 Why no offers on our house? |
| House has been on the market since Aug in the Chicagoland area. We have dropped the price and have been matching comps. We havent even gotten a low-ball offer. Painting could have been better which ... |
|
 What is First and Last when it comes down to renting? |
| I always thought it was the first months rent and a deposit to move in but what is first and last? I am assuming that it means the same thing as first month's rent and deposit, correct?... |
|
 How do I sell property, that I own, in a different state than where I live? |
A relative passed away and willed me some property. The details with the deed are being squared away currently. How do I find out how much the property is worth and how would I sell it?
A... |
|
 How can my step daughter rent a property if she doesn't have a job? |
| My stepdaughter has been given notice on her rental house because the landlord wants to sell it. When she has been to look at other properties she has been told she must have a job paying at least ... |
|
 My apartment complex is in neglect - how can I get the landlord to do his job?? |
| I recently moved into an apartment complex in Arlington County that is privately owned (landlord, not a leasing company) and have found the building in disrepair (roach infestation, maintenance ... |
|
 Should i refi or take equity out? i own a home alone but my bro. pays 1/2 my apr is 5.3 fixed? |
| i dont wanna take out money but he does cus of his high debt, what should i do? our payment is 1250.00 monthly and have owned the home for 3yrs, i bought it for 170 and its worth about 300 now please ... |
|
 Does the landlord have to give notice PRIOR to entering your apartment? |
| . We moved in 6weeks ago and we feel like were being harassed .The maintenance people have been in here twice while we were not home..once to change the air filter and once for pest control, ("... |
|
 What are the consequences to backing out of a purchase agreement on a house? |
| If I decide to back out of the purchase agreement for no reason other then I don't think I want the house anymore, what are my consequences. I have already made a deposit on the house, had a ... |
|
 Recently married and interested in buying a house. is 50% of our take home pay too much for a mortgage? |
| my wife and i take home 7400 a month. is 3700 a month too high for a mortgage? we want a new house.... |
|
|  |
ANGELA D | Im thinking of co-signing for my sister for a home they say I can be removed from the loan in six months. ? |
Has anybody had this experience? |
 |
 
Landlord
|
Sad to say, but your sister is feeding you a line of $hit.
You can NEVER be removed. Your sister would have to refinance w/o you, and if she has bad credit today she will have bad credit in 6 months.
She may bring you down with her.
This is about the stupidest thing you could possibly do to your life. |
|
Rush is a band
 |
Don't do it. You can't be removed from the loan without a complete refinancing. When refinancing, they'd have to prove they could qualify for the loan on their own AND they'd have a bunch of new closing costs and fees to pay. They won't do it. Couple that with the fact that they are trying to take out a loan they can't afford (or have proven they can't handle - via low credit scores). This is a sure path to credit score ruin for you. If they default, you default or pay. If the house ever goes to foreclosure you have one on your record. If they are late with a payment, it goes on your credit. DON'T DO IT.
There is no better way to ruin family relationships than throw money into the mix.
good luck! |
|
A Texas Tycoon
|
Do Not Cosign. You will be on the loan for the entire life of the loan. You can not be removed until the loan is paid in full. In the mean time, as cosigner you will be personally liable for the loan and any associated fees. |
|
Sunnie
|
Absolutely do NOT do this!!
I don't know if you already own your own home, but this would in fact be YOUR mortgage if they defaulted on their payments and you would be legally responsible.
|
|
Real Estate Guy
|
your sister is a liar. Unless you refinance in 6 months, your NAME CAN"T BE REMOVED.
Don't co-sign. If the lender will not give her the money, there is a reason why. NO MATTER WHAT, DO NOT CO-SIGN FOR ANYONE. |
|
Brina
 |
Think about it...if she can't get it on her own now, what is going to changee so significantly over the next 6 months that will change the creditors mind about extending her credit without a co-signer. BAD MOVE!!! |
|
Antionette g
|
its true I work for an escrow company and the only way 2 remove yourself is refi which will cost money and if there are any liens under her name or yours you will have to pay them off before the transfer can even be made. Its not smart on either of your behalfs and a great way to ruine realtionships. |
|
estielmo
 |
Can you comfortably afford to pay her mortgage if she defaults? |
|
bud68
 |
"They" are lying. |
|
saved_astronaut
|
if i were u, i woulnd co-sign 4 any 1 cuz u can get stuck like i did when i co-signed 4 a friend 2 get a pc. of course i got lucky cuz i needed a 2'nd tower anyway |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
12 | 21 minutes(s) ago
| | | |
12 | 43 minutes(s) ago
| | | |
12 | 48 minutes(s) ago
| | | |
12 | 2 hour(s) ago
| | | |
12 | 4 hour(s) ago
| | | |
12 | 6 hour(s) ago
| | | |
12 | 9 hour(s) ago
| | | |
12 | 10 hour(s) ago
| | | |
12 | 1 day(s) ago
| | | |
12 | 2 day(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
