 Mortgage help for a first time home buyer? |
| I am looking to get out of renting, and my lease is up in almost 3 months. (end of Dec). Question 1. When should I start looking for a mortgage, to be preapproved or prequalified? Question 2: what ... |
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 Where to adverise my services in Real Estate and Mortgage? |
Want to advertise and marketing my services as a Realtor and a Mortgage Broker in Florida. Anyone knows what is the best way and for free? I just started in the business.
Thank ... |
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 How can i rent an apartment without having a source of income? |
I am a college student, and I was thinking that renting an apartment would be cheaper, than staying in a dorm.
I've reviewed my finances and I have enough for 3 months rent up front.<... |
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 Undisclosed mold? |
| I live in Ohio. I bought an appartment building about a year ago, aparently the previous owner had a tennant evition. The tennant retailiated by plugging all of the drains and turning on the water ... |
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 Should I sell my house asap???? |
| The value of my house went from 360k to 280k in less than a year. I'm 70k short of losing all the equity. I'm afraid, by next year I will probably lose the down payment I put when I first ... |
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 How can I legally terminate a lease? |
I really don't have any problems at my current apartment, but I would like to move from off-campus housing onto on-campus housing at my university.
Serious answers only, and please ... |
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 Is the process of eviction still the same if there is only a verbal agreement? |
| I need to know if the eviction process is still the same if there is no written agreement instead only a verbal agreement and the tenant refuses to move out. If not what should be done about getting ... |
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 Can someone help me understand a interest only mortgage loan? I think im getting screwed over!? |
| so, we build our house last year, my husband is in construction and his dad is a contractor. I just recently found out his dad took out a second mortgage on his house to be able to build our house. T... |
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 Is buying a foreclosed property a bad idea? |
Assume that:
1. You can inspect the property
-or-
2. You cannot inspect the ... |
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 We made an offer on a home but is it too low? |
| We recently got a offer on our current house and we placed a offer on another how we wanted. The house is 2200 sq feet 4 bd/3 bath for 169000. . The seller has been trying to sell is since Jan 08. So ... |
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 Can my landlord sell the house I'm renting? |
| I'm 6 months into a year lease on a house in Florida. Ever since we signed the lease, our landlord has given us a hard time about every little thing. She now wants to put the house on the market.... |
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 Do you have to use the mortgage insurance the lender provides? |
They want to charge $450/month on top of the house payment.
Additional Details
We're borrowing $155,000 and they want to tack $458 to the monthly payment, making the payment $1778/... |
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 Help! I have a rent control apt. in Hollywood for $580 a month. My landlady harasses me because she wants me? |
| to move so she can raise the rent. She has already run off almost everyone who was here when I moved in 4 yrs ago. I always win so far cuz I don't do anything wrong. I have to decide by ... |
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| Should I sell or rent my townhome? |
| I have just recently married. Both my husband and I have townhomes. His is larger than mine so I will be moving in with him. We are currently trying to decide if I should rent or sell my townhome. ... |
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 What do I need when I move out? |
| Im moving out of my parent house and with two roomates (i.e. my b/f and his best mate) and Im drawing up a list of the things that we may need when we move out, but my mind has gone totally blank...... |
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 My husband and i put or house up for sell but its not selling? |
does anyone know what and how you go about the bank buying it back
Additional Details
does this ruin your ... |
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I Love To Be Hated | Is There A Mortgage Available For Someone Like Me? |
Here is the situation: I am currently living at home with parents. I am not a home owner and I do not have my own property. I am looking to get my foot on the property ladder and purchase my first property hopefully around feb/march HOWEVER I am not looking to move into the property myself but I am looking to place the property on rent while I continue to live at home.
Would there be a mortgage for my situation?
The impression that I have received is that one is only allowed to start renting property if they already have a property. |
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Real Estate Guy
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You can purchase a rental property WITHOUT having owned other real estate. I'm 100% sure of this.
HOWEVER!!, if you move forward with purchasing and continue to live at home, this property will need to be purchased as an investment property.
This means that you will not be able to use any problems for 1st time buyers.
Investment property usually require at least 20% down (vs 3% for FHA). |
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loanshark
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For buy to let you will need a minimum of 25% deposit. You will pay up to 3% higher interest. You will have loads of hassle. You will have lots of tax to pay. It is the most troublesome market place out there at the moment.
My advice would be "don't do it" |
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Judy1
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No, you aren't required to already have a property to own rental property. But lender's rules are different for rental property than they are for a home you will live in. Talk to your bank and ask what the requirements are. Unless you have a substantial down payment and a good credit history, you aren't likely to get a loan for the rental property. |
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WelshLad
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The mortgage you want is a buy to let:
http://www.moneymadeclear.fsa.gov.uk/products/mortgages/mortgages.html |
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Lily B Talus
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Of course you can, get a buy to let mortgage...you'll need a 30% deposit though...usually people buy themselves a house first, but there's no reason why you cant do it the other way around. |
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cj
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It is a buy to let mortgage. I think I am correct but if you got a normal mortgage and live in the property for a year you can then rent it out without being penalised. You need to speak to a mortgage advisor though |
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Happy Man
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It is getting harder to get mortgages altogether, I wish you luck. |
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Gaz
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Try an estate agent, they will advise u !!!! |
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Bas Ruten
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Have you got 35 % to put down |
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