 Help me to sell my house in needles california? dont say get a realtor. it hasnt worked dont say ebay,it .... |
| hasnt worked. dont say anything except the right answer... the house is the lowest priced on the market. it s the best deal there . ive lowered the price, twice. its livable. its zoned commercial. it ... |
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 The more you pay off your mortgage do the payments get smaller as you get further into it? |
Additional Details
For example you have a payment of $1100/month. Will this go down the more you pay?... |
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 Why do most people who rent in my area say "NO PETS"? |
| I have called and looked at so many places that rent in my area, but the clincher to deciding if I want to live there is their no pet policy. Why is it if you have an outside dog, and sometimes ... |
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 Is it POSSIBLE for my house to be TOO clean for potential home buyers? |
| So we JUST put our house on the market (yesterday afternoon). And today we got our 1st viewer. I am a VERY clean person. Pantry items are faced forward so labels are visible, shoes are nicely ... |
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 How do I recover $290,000 I've been scammed out of? |
| I recently withdrew my life saving of $290,000 to buy an invisible mansion. The realitor told me to light fire my briefcase of cash, close my eyes, and my house would suddenly appear. 2 weeks later I ... |
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| We have a 2 year lease and landlord is short selling home and said that we might have to move? |
| We just signed a 2 year lease on a rental home; we make the payments to a property management company; we recieved an email today from the actual landlord stating that he is going to try a short sale ... |
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 I want to sell my house to my daughter and me. or have my daughter buy into the existing mortgage? |
| i want to sell my house to my daughter and me. or have my daughter buy into the existing mortgage. is this ... |
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 I am remarried and my name is not on the deed of my husbands house.? |
| I am wondering since my name is not on the deed, if he (god forbid) passed away, what would happen with the house? There is a mortgage on the house too.... |
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 Maximum mortgage? |
Daer all
My gross annual salry is 30,000 GBP and I am planing to apply for mortgage, I can put 10% deposit as well and I dont have any loan or credit card commitment with me. But the maximum ... |
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 HOUSE DEEDS. What is the best thing to do? |
| Since we finished paying our mortgage our house deeds are currently held by the building society. We pay nearly £30-00 per year for them to look after the deeds. Would any of you keep them at home, ... |
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 I own a house with my brother, is it economically wise to have the house refinanced in his name (removing me? |
| from financial obligation) so that i can purchase the house from him with a mortgage that will provide more money than a home equity loan.?... |
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 How should I tell my old Mort company that I'm going with another to do my refinance? |
| I was working with someone but they we not delivering the results that I needed. So I found a different company that could and did. Bottom line my old comp said that they could only find me an ARM ... |
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 My landlord asked me to leave his property in 30 days how many days do I have legally? |
| I have been in this house for 13 years, have not missed paying rent nor have I ever been late, there is a problem with the yard in back, the city asked him to fix the problem he wants me to fix it, ... |
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 Landlord Entering Apartment Without Notice? |
| Last night my landlord entered my apartment to turn out a porch light I had intentionally left on (I'd be returning late that night and if it's not left on, crickets cover my door). I ... |
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 Should we do a quit claim deed? |
| My mother is ill and can't keep up on her mortgage and I want to take it over. She doesn't object since she can't afford it and doesn't want them to foreclose on her. Me and my ... |
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FizzFozz | Mortgage on a lease? |
I don't understand, why a bank or BS, will not give you a mortgage on a leased property, with 51 years less on the lease, when the mortgage is taken over 25 years? Any ideas? |
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julius p
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the way I understand it banks will give mortgages on leaseholds provided the leased property has at least 75 years of life. this way you can still value that property higher cause the life is longer. (after finishing your mortgage at say 25 years you still have 50 years of lease life value) |
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rogerv_dotcom
 |
Banks _will_ lend on leased land property when the lease term exceeds the mortgage term IF there is a deed.
If you simply have a long-term lease (but did not "purchase" the property for an upfront amount), then there's no collateral, unless the property is commercial. Private money investors may lend on this, however, to about 50% or 60% loan-to-value.
Hope that helps!
r
RogerV_dotcom |
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taketwo
 |
Too short |
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Neel
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Yes but of course any financial institution can mortgage your property and you can arrange for the rent received to be adjusted for the repayment of the amount thus taken from the financial institution. This way the financial institution will be in a much secured position for repayment of the loan amount. |
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Chris
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What i dont understand is why you would take a mortgage on a lease. If you want to take out a mortgage, do it for a property you are going to buy. As for the bank, they will see no collaterole. I am guessing if you aren't able to repay your mortgage they cant take the property away from you because it isn't yours.( unless some sort of crazyy agreement is made.) |
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claireyC
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they should do? is the property with a lease above a shop? If so some lenders (but not all) dont like to lend above a shop. You should get in touch with an INDEPENDANT mortgage advisor, explain the situation and they will have a look through a list of about 100 lenders who should be able to help you. |
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MSMORTGAGE
 |
Because in 25 years there will be so little years on your lease that your property will be worthless. So if you get to year 18 and stop paying the mortgage the chances are the lender will not recoup their money trying to sell a property with less than 35 years to run. They are saving your bacon saying no - never buy a property with less than 70 years to run ideally 99 years and over. Remember the landlord does not have to renew the lease - he can keep the property and kick you out of a flat you have bought (whoops - leased) from him/her. Good Luck |
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dreamscorporation
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debt consolidation
if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,
a good place to start in my humble opinion is:
http://umgarticles.atspace.com/debt-consolidation.htm |
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babel0077
 |
Search around. There are places that specialize in Lending for Investment Property. The rates aren't as godd usually, but you can find someone who will. Find out who other landlords use if you are new to the game. Real estate people and Mortgage Lenders sometimes know people as well. |
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dsmith68111
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because it doesn't make good sense for them to do that |
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Kat
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Because they are harder to sell with a shorter lease - its just security. They're fussy when they lend such large amounts I guess. You'll probably find problems with anything under about 90 years I'm afraid xx |
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Wafflebox
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You would probably need to get the lease extended. They usually like 80 plus years left.
Just to be sure, ask the mortgage lender what their reasons are. |
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syl
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please give us more details |
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