 Do I have to have an inspection done on my brand new condo? |
| My offer was accepted on a brand new condo... my real estate agent said I needed to get a home inspection within the next ten days, supposedly it's mandatory???! but wouldn't the condo'... |
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 We're having issues with or landlord and mold? help please!!? |
| OK, here goes. Last year or so, we had a leak in the bathroom from the tub not draining properly, carpet in the kids room got soaked and we ripped out the padding, floated the carpet to dry it. Then ... |
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 When "flipping" a house what are the tax consequences? |
| What can be written off and how does it affect personal income tax. Also is capital gains involved?... |
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 What do you think about REALTORS? |
| What has been your experience? The reason I'm posting this question is that I have seen some people on here speaking in not so kind words when it comes to Realtors. Some of it comes from so-... |
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 Homeowners: How much do you make, and what does your house cost? |
Please, renters and apartment owners, I am not requesting your answers at this time. I still love you, though. :-)
My husband and I will be making a NET income of $57,000 next year and we ... |
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 Is 7.625 a decent rate? Historically? |
I've been offered a mortgage for a 30 year fixed rate of 7.625 on a conforming level2 fannie mae loan with 20% down. Fico score is at 616.Looking at 120k home.
(Midwestern homes are still ... |
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 What do you think? |
| My friend, Emily, and her family are moving (somewhere else in the same town) and they are selling their house. My family are looking for a house and we are concidering on buying Emily's house. ... |
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 Mortgages & Bad Credit? |
| My fiance and I are not married yet, but are thinking of buying a house. We both have pretty bad credit. When I google "bad credit mortgages in Pittsburgh PA" a hundred links come up and I ... |
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 Can a mortgage company prevent me from leasing my house after I've lived there for 3 years? |
| It was my primary residence for over 3 years. Does anyone know anything about this? Does it always have to be owner occupied? Thank you!... |
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 Can maintenance be carried out in rented accommodation without 24 hours notice to enter property? |
I wrote to my letting agent about 6 weeks ago concerning a large crack in my window. The crack in my window was there before I moved in. However, now it's getting to winter i wanted it fixed.
... |
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 How can I find the history of my house? |
| I actually have since moved a block or so away from my old house. I'd still like to find the history of the house, though, just because it seemed so cold and dark. Several people in my family ... |
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 Is this a scam? (REAL ESTATE)? |
| Developer is looking for investors to buy lots of land. Developer is wanting to start an IPO and get $$$ to launch it. Investors buy lots and "cash out" $20 K -- then lease the lot back to ... |
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 How do i get on Section 8? |
| i just got kick out for my dads now i'm at my moms i cant work i get ssi and i dont have a home what can i do ? i wont have any for 6 days and i cant stay with my mom and i dont know anyone who ... |
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 I have a credit score of 640 my fiance has a score of 750. Can we buy a house what score would they use? |
Additional Details
We would only have about 5% to put down in order to pay for closing costs and have some emergency cash left over.... |
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 First time home buyer using a VA Loan...? |
| My Husband comes home from Iraq in a month, and we are going to buy a house as soon as he gets home. I've heard that a VA loan takes a while to process and what not. So my question is, how long ... |
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 Does a landlord have the right to call at the last second and say they are? |
Coming to go thru the house to check on it? The gave my boyfriend about 8 hours warning that they coming.... do they have the right to go thru the house like that?
Additional Details
Its ... |
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 Should we make our initial offer over the asking price? |
| My wife and I are going to make an offer on a bank owned (foreclosure) home. It is a nice 3 bedroom ranch with a full partially-finished basement, hardwood floors, pool, etc. It's in a ... |
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Dee | Is it possible for someone to fake a job to get a mortgage? |
Say they didn't have a job but found the perfect apartment/house, then got a friend who owned their own business to pretend that person had been working for them for 3 - 5 months for the bank to give that person a mortgage. Would that work ? |
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ogrendle
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It's called mortgage fraud and is real high on prosecutor's lists right now. They love taking these to trial because it is an easy win.
It's Federal Pen. time. It's a Federal Felony
Good Luck. |
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thepenismightier
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The bank will request pay stubs, tax returns, and more. So if you don't want to get into heavy document forgery, I'd stay away from that route.
What would be better would be to get someone who knows and trusts you to co-sign for your loan. |
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Paul V
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Yes go right ahead and lie to the bank. People like you belong behind bars and have your cherry taken by bubba!!! |
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boston857
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No! Because employment is verified through a phone call and receipt of last 2-3 months pay stubs. Banks are not stupid... |
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Kevin B
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Sadly, yes.
If "the person" applies for a stated income loan, they only need to get written verification from the "employer" to state that "the person" has worked there for the last two years.
I wouldn't want to be around if the bank found out you were lying after the fact. I guess what I would do is call the mortgage note due there and then. That would put you in a tough situation.
I've never seen someone get away with it. It's too hard to keep a secret when someone is delving into your affairs as detailed as a loan officer does. Most everyone slips somewhere along the way as they try to weave their web. |
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She She
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I suppose it would be POSSIBLE.....However this would more than likely be called "mortgage fraud" and you could go to jail for a while...Kind of hard to make payments from jail don't you think?...Just do whatever you think is "right" and you should be fine..ss |
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Matt S
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It is possible, if you use a "No Doc Program". Under these guidelines they do not ask about income, assets or employment. However, you must have some equity in your home or have a down payment, and a very good credit score. Hope that helps....let me know if you want to talk mroe about it |
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Gypsy Girl
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It is called fraud. If you are thinking about doing this consider how much fun you and your friend will have in jail when you are caught. |
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Laughing Man Copycat
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Anything possible...a better question, is it legal? |
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