 Mom passed no will I live in the house 3 siblings. Who gets the house? ? |
will I have to move and how much notice do they have to give me if they want me out. I can currently paying all the utilities on the house and am in the process of changing them into my name.
A... |
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 Same people are coming to look at my house for the 3rd time? |
Sounds like good news to me? How many times do you look at a home before you decided that you want it? I think I only looked twice on both of my previous homes.
Additional Details
LOL-... |
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 Can you change the status of your current mortgage? |
| Can you change your current home to an investment property and move into another home that is the primary residence?... |
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 Landlord wants to charge rent past the end of the lease. Is this legal? (VA)? |
| My fiance and I currently live in Fairfax County, Virginia in a rented apartment. Our lease ends on May 17. We will be moving to Portland, Oregon in mid-April. Because we're moving before ... |
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 Are tax returns required when renting an apartment? |
| I live in Texas and in the process of locating an apartment (my first). My current employer pays me in cash and I was wondering if presenting tax returns are generally a requisite during the ... |
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 Trying to sell home neighbors kids scaring off all my buyers!? |
| I lived in a very nice quiet neighborhood culdesac for 15 years. So quiet you could hear a pin drop day or night. This past winter a family with 9 kids (yes 9!) across the street moved in. No I ... |
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 I have an ARM with a penalty phase getting ready to end. Where do I start to refinance? |
| I know that everytime my credit is checked, it is a hard hit on my credit. I want to shop around for the best rate, but want to do so in a way that will not be detrimental to me.... |
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 Is it worth avoiding paying PMI on a mortgage and withdrawing some money from retirement funds? |
Additional Details
was thinking to take out 10K from retirement funds as a first-time home buyer (hardship withdrawal) to make the 20% down.... |
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 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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Kelsey | No credit - wanting to buy a home? |
My boyfriend and I want to buy a home that is not over $200,000 with maybe like $5000 at the most down, both of our credit is horrible right now, being repaired from stupid things in the past.
It would be in the Reno, NV area, and we are both pretty young to be buying a home. Is there any lender out there that would approve that right now? |
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keyblast25
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I don’t have the answer to all of your questions. However, there are some things that you CAN do to repair your credit. In fact, sometimes you can indeed get negative items removed; depending on the situation. This might be a good place to start.
I recommend trying the free course at http://www.redfoxcredit.com/repair.php They provide a lot of great information for improving your credit score, and it worked well for me.
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imisidro
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That's why we are in the middle of this financial crisis -- because people with horrible credits and those with no money down or in no position to buy a house were able to get a mortgage
Unfortunately for you, those days are long gone.
Banks and mortgage companies are now so strict in terms of lending that they want to see good credit history, sufficient income, and at least 20% downpayment
I suggest you repair your credit and save money. It may be a buyers market now -- but that is because not a lot of people can get a loan anymore to buy a house |
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lina
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no you shouldn't buy the house....first save the money for the deposit and add the amount of 3 months of mortgage in case some of you lose the job |
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chatsplas
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Well, you're NOT ready to buy a home. WAIT a year. REPAIR your credit by paying all bills in full and on time. Pay down, pay off all credit cards, paying 3-5 times minimums every month. Stop using credit cards. SAVE money for down payment. You need 3-5% down for FHA, and 10% is better. 20% down means you avoid PMI. 9-15 months should put you in position to buy. Nobody owes you a home, but yourselves, and you can get it for the two of you with persistence, perseverance and making better choices. |
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Kay
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It would be best if you waited until both of you have built up good credit rating, have at least 20% down payment, and married (commitment). Friendship between boy and girl could easily break up. It would be horrible having a mortgage when you could not live together (would be worse and messier than a divorce).
Besides, there won't be any lenders willing to take the tremendous risk in your situation. If you found one sweet talking to both of you, beware, there is a catch, or the SCAM like a mortgage broker take your deposit money and skip town. |
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Reena
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Good Luck... you will need it.
Right now Lenders want:
Excellent Credit Score - 750 and up
Up to 20% down plus another 3% to cover closing cost, etc.
Very little or no credit card debt
All other loans paid down as much as possible
Sufficient income and long employment history (preferrably not in an industry that is "shaky" and laying off people)
Don't get too discouraged. You may need to wait another 3 to 5 years but in this time you should have enough opportunity to fix your credit problems and get a larger down payment for a house. |
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src50
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No. You'll have to rebuild your credit and save more for a down payment. |
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MLE
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Probably not right now if you have bad credit. I suggest you spend a couple of years rebuilding your bad credit and saving. |
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adam47310
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Best time to buy a house because of the foreclosures and everything but worse time to sell. In this market no one would really lend that much at once. Maybe an apartment? You shouldn't really get that big of a loan now because in the future you will have to go through hard times with only 5,000 at most down. Buy a small home that you will be able to afford and then as your salaries increase, buy a bigger and better home that you will enjoy and be proud to own instead of paying the loans/mortgages. |
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