 Who will refinance our mortgage that is in foreclosure? |
| We are in foreclosure, it has not yet been sent to the mortgage companys legal department but it is just a matter of time. Is there anyone who knows who might refinance us so we don't lose our ... |
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 Can my landlord notify others of who visits my apartment? |
cali resident
landlord knows my father
our complex has many cameras which she views and then reports to my father who visits me?
is there any privacy law out there that prohibits this?... |
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 Is there a legal way out of a 3yr rental aggrement? |
| I signed a 3yr rental aggrement, and now have lost a large part of my income, is there a way out of this aggrement without a law suit?... |
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 Why would house seller require cash only sale? |
| What are the benefits to a seller of a cash sale?... |
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 Would it be illegal to have roommates (indirectly) pay off my student loans? |
Ok... let's say I get a $150,000 loan for a house but I only have $70,000 left to pay on the house. That's an extra $80,000 for me in cash, right?
Would it be illegal for me to ... |
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 HI, i recently bought a car, it seems that finance was still owed, what do i do?? |
| I bought a car from what i thought was a genuine seller, i've recently received letters form a finance house saying that finance is still owed on the car and they want to come and get the car, ... |
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 Is my realtor yankin' my chain? |
| I'm in the process of shopping for a new home, and I'm finding myself doubting my realtor. I've found a place I like, but it's very old and I would like to have an inspection ... |
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| Is a two bedroom to small for us? |
| I am just wanting personal oppinions.. My fiance and I are looking for a house and have had NO luck!! We live in Texas where the hurricane hit so right now houses are hard to find.. I found one today ... |
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 My ex-landlord has taken an extra month rent after I have left and ended my agreement, how do i get this back? |
| i left the flat in december however an extra payment was taken from my bank to the company who had arranged the agreement. I informed them immediately however they chose to still make the payment to ... |
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 If i buy a house and 4 months later the foundation has a crack in it and my basement is flooded. who pays? |
Additional Details
There was foundation repair done in 04 but it was just to reinforce the walls, i had a plumber/carpenter give and estimate and he said it was who ever put up the ... |
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 Would it be too much to ask to skip a months rent, to pay the Gas bill? |
I just got my gas bill for my rental house, and it was almost $500. ahhhh! So, needless to say, I can't pay it!
My house is always cold, and I turn the heat down at night, and ... |
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 Neighbor throwing cooking oil next to my house on my property, what can I do? |
| I live in Texas in a new subdivision and my neighbor is throwing cooking oil on my property next to my house, what can I do. I called the home owners association and the health association and they ... |
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 Why do people say they own their own home before they have fully paid off their mortgage? |
| Surely until that happens you are really just renting from the bank/mortgage lender given that if you do not pay on time they will repossess??... |
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 Can I get an apartment with bad credit and no job if someone cosigns? |
| I want to lease an apartment, but I don't have good credit or a job. I plan on using my savings to pay for rent. My mom would be cosigning. She has excellent credit, but does not work. If your ... |
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 Nice places to live in North Carolina or Virginia? |
I'm 23 years old, soon to be a college grad. I'm single and want to relocate to a safe area that has plenty of opportunities for a young female, both socially and job wise.
I don&... |
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 How would I start a house flipping business? |
| I want to start my own house flipping business how would i do that any advice? I know you have to have a good credit. How much money would you need to start?... |
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♥*Jo$ie Jo*♥ | Is it possible to get a mortgage if your previous house was repossessed? |
My boyfriends house is being repossessed. He owned half of the house, the other half belonging to his friend - who is the reason why it is being repossessed; because he has not kept up with the mortgage payments. He plans to rent for a couple of years, and then apply for another mortgage. Will he be able to get another mortgage? |
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loanmasterone
 |
Normally after a person has completed foreclosure or a repossission after 1-2 years you might purchase a property.
The person must maintain his her credit and reestablish credit. So making timely monthly payments on your current or new credit is absolutely imperative.
So any new credit make sure you pay the debt according to the terms of the contract.
The foreclosure or or repossession will remain on your credit report for 7-10 years, but this should not prevent you from getting another property in 1-2 years.
He will be required to explain in a letter of explanation why he has a repossession on his credit report,but this is normal when applying for a mortgage.
I hope this has been of some use to you, good luck.
"FIGHT ON" |
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Eddy T
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Of course he can get another mortgage to buy a house for his home. He may have his personal reasons to let the house repossessed. In order to get another mortgage later, he needs to convinced the bank that he is capable to pay the monthly repayments and has change his ways of life. |
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lender2you
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Yes. He will need to keep his credit clean for 2yrs. Make all payments and keep his job or show upward movement as he changes positions. FHA will be his best option after the 2yrs. As long as he keeps his credit clean you guys will be fine. |
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girlypearl
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depends on his credit score, yea he can probably get another morgatge, but it will be of much lesser amount. Next time, dont go in on big investments with "friends". |
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Angie
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It doesn't matter who's fault is was that the mortgage wasn't paid. If you are listed on the loan, it's just as much your fault and the next person's. He will be able to get a mortgage in the future, but it may take longer than a couple of years. More like the 5-7 year time frame. |
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Mike J
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it can screw up his chances but in this economy now it can be hard anywone |
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Jen
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Probably not... or, at a very high interest rate.
I had a roomie blow the rent after I had moved out. I wound up paying off 2 months in full, since I was on the lease still, and when I went for a mortgage they gave me a higher rate for having that on my credit score. |
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bails
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I think he'll struggle but it will depend on the economy. If a mortgage lender is handing out lots of mortgages or if he has a large deposit then maybe he'll get one |
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Superman
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go to BofA and he will need to co-sign with someone who has good to excellent credit.
But if he had proof that it was his fault and that he was able to afford it then he should be able to get one on his own |
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