 Do I still have to go by a lease when it when it ended 6 months ago? |
| I have been living in my apartment for a year this month. Our lease was month-to-month during that time, and now of course we are month-to-month, but without a valid lease. We have been paying on the ... |
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 Any help out there to prevent foreclosure? |
| I am about to have a huge problem. We took out one of those New Century loans with a low (ours was not that low but...) intrest rate for two years and then they can rais it. We had planned to ... |
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 Are the any government grants out there to help a low income family buy a home? |
| Are there any government grants out there to help a low income family buy a home. I'm a first time home buyer and I can never seem to same any money for a down payment. The cost of the home I ... |
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 Can i charge late rent fees to my tenants? |
| I have been a landlord for about 15 years now and never charged late rent fees to my tenants. I have had lots of problems and think its time for a change. Does anyone know what the process is for ... |
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 I was given an inflated real estate appraisal. What can I do?My sales price was based on it.? |
| I purchased an investment property last year whose price was based around an appraisal which I now believe to be inflated. In looking at other appraisals, the numbers used are very different. They ... |
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 As a HOME BUYER, how does this make you feel? |
| The national association of realtors brags (see link below) that home sellers that used real estate agents to sell their home received a 15.4% higher sales price than sellers that sold their home ... |
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 Just who are all of the people defaulting on their home loans in America.? |
These people made false statements on their applications, and some unscrupulous lenders aided these home buyers.
What is the demographic on these people?... |
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 Lease Tenant Changes? |
| I am a primary tenant of a townhouse in Virginia. My wife who also signed the lease recently left. She has no intention of coming back and I would like to know by law what are my rights as a primary ... |
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 What should I be studying if I want to flip a house some day? |
| It's a dream of mine to flip a house. I don't know anything near what I need to know in order to be successful. Where can I begin to learn the necessary information so that I can be well-... |
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 Does a house need to be fully rehab before an appraiser can appraise the house? |
| The house right now is usable and functional. There are a few things need to be done like putting screens on windows, replacing the kitchen cabinets, and putting doors in bedrooms and closets. The ... |
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 Is it normal for a landlord to charge a full month even if you move in in the middle of the month? |
Additional Details
the rent here goes from the 15th to the 15th. I moved from ny into this place on the 1st. they insisted i pay from the 15th to the 15th.i also paid a security deposit.... |
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 I purchase a duplex built in '05. What typically happens with the security deposits from the current renters |
I am looking at buying a duplex in lehigh (uhg I know its a risk)
the one I've been eyeballing has both sides currently rented out. IF the current owner/landlord collected a security ... |
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 How do first time homebuyers with no credit or fairly bad credit find a good deal on a house? |
| i have no credit and i have some bad things on my credit like hospital bills. i havent been working very long is it possible...!!!!VERY SERIOUS!!!! what about forclosure houses.. *how do i go about ... |
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 How can I sale my 3 bedroom home fast? |
I made upgrades and still nothing ! Close to schools and expressways and not far from lake.
Additional Details
I live in Oklahoma by lake E... |
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 After buying a house, do you have a certain time to get seller to fix things? |
| Say you looked at a house, everything was fine, working, etc. Then right before closing the seller replaced the a/c unit, and after closing you start moving in and one 1/2 of the house's ... |
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mrscrystikal | My boyfriend and I want to get a townhouse. My credit is 567 but his is 785. HELP!? |
We know that he won't qualify for the mortgage with his income along, but my credit score is TERRIBLE. Our income together would qualify for the mortgage, but how can we show proof of my income to the mortgage company and would they even allow that without me being on the mortgage? |
 |
 
shiprepairwoman
|
Buying a home with a partner isn't a great idea and if he were asking I would tell him to only do it with an equal and get a good partnership agreement.
He should buy a home he can afford on his income alone then rent you part of it if he wants you to live with him. |
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LinkTheWorld
|
Well I work for a bank, and if you applied at my bank it could go either way. If you had a bankruptcy or MAJORS still on your credit you would get turned down.
BUTTTTT we do use a "fused" score which in your case would be around 675-680 which should qualify you for a mortgage.
As far as how you can show proof, thats easy W-2's, pay stubs, tax records. They will most likely ask you for those.
At least pay stubs.
It sounds like you have some type of credit score program, you know with the rates going down now as well as the market, it might not be a bad idea to figure out HOW to raise your credit score and atleast get it in to the 600's, and get any majors off your credit, then lets say by the summer look into a house.
Hope this helps and good luck! |
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bud68
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They will not consider your income unless you are a coborrower or cosigner (do NOT cosign a loan). |
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tampabaycreditdoctor
 |
There are still programs out there where the credit score of 785 will get you financed. All you need is a mortgage person that knows their craft. The 785 is a 785 for a reason and people can work with that. Your income only helps your partner, you know the deal, pay your obligations and it will work. There are places that will allow bank statements to qualify you as a "Full Doc borrower. You are okay, your 567 is temporary, not a big deal, you'll make it better as you learn the "system" |
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kemperk
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suggestion; seek the t.h. you want
on a lease-option-to-buy. I can help you if you wish!
IF you use that approach, and if you have a specific plan to fix your credit
paying habits [no blame here]
within 3-5 yrs, your credit "score" will
automatically be higher!! |
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TPM
 |
You can still possibly qualify with both of your credit scores and incomes with FHA. Do not count yourself out until you have had a professional do the evaluation for you. You can qualify if you have compensating factors. See a broker and have them run automated underwriting on you. You may be surprised.
Edit:
Upon reading more closely I have to say I agree with the person that says not to buy a house with your boyfriend. It's a terrible idea ... seriously! |
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DAVE
|
FHA loans are not FICO driven so you can go that route.
FHA loans do require you have at least 3% into the transaction and you have to have documentation to prove your income such as tax returns, 1099, W2's ect. |
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menasha_rabinowitz
 |
My advice is to not buy the townhouse, especially in the current economic conditions. They are usually not good investments. I suggest that you consider renting a nice townhome for a year to see if it works for the two of you. When you consider rent vs owning costs you may be surprised to learn that renting is the better option. While you are renting, work on getting your credit score up by paying off some of your credit cards and making sure that you pay all bills on time.
Good luck. Next year may be a much better time to find a nice 3BR/2 bath home with a 2 car garage to call your own. |
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T-hun
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FHA I'm pretty sure will let you get a loan with a minimum credit score of a 560. You do have to have 3% down with FHA but talk to some mortgage company's I"m sure someone will work with you. |
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