 HELP!! How to Sell My House ASAP?!? |
| I really need to sell my house as soon as possible. I'm moving to Mexico and need to be there by september of this year. The house has been on the market since february but have recieved no ... |
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 Why wont private landlords except housing benefits? |
Additional Details
Thaks for all your answers. I thinks its unfair. I need housing benefit as my and my partners income is too low to be able to aford any rent where we live (London) we ... |
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 Help! I want to kick my roommate out, he's verbally abusive and has threaten me? |
| To make things short: He's not on the lease, I'm the only one on the lease. NOTHING is on his name, everything is on mine. I told him at the beginning of january to move out by the end of ... |
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 I need help from a realtor or anyone who knows about houses!!!!!!!!!!!!? |
| Two weeks ago, i put an offer to a house, but sadly i lost it; someone else had bought it and gave more money than i did. My realtor had told me how much more money the other people had put into the ... |
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 House question!? |
| So my "sister in law" has a house that she was going to sell to me and my guy for $197,000. Now she is working with a realtor and the real estate agent said she should list it for $220, 000 ... |
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 As a landlord, I have a legal issue. What should I do? |
| Well, we had a tenant who was overdue and owed us ALOT of money so I had him evicted, by court order. He abandoned the house and when we checked he had left alot of damage to the home and property. D... |
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 Roommate's guest at at the apartment ALL the time!!? |
| I had a roomie move in with me 2 months back, she is not on the lease and her boyfriend is over all the time. She does not pay any utilities and I pay a 100 bucks more on rent than she does. Her ... |
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 Private tenant being evicted? |
| A friend of mine has been served with a repossession order from her private landlord and asked her to leave the property in two months time, if she does not vacate, the matter will be taken to court. ... |
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 My landlord is doing a walkthrough for the first time in 2 years? |
| and I am not sure why. I am worried about being evicted. The house is in good shape other than the basement. It started flooding within a month or two after we moved in. It it finished and it has ... |
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 How can I sell my house fast? |
| I'm trying to sell my house. It was built in 2004, has 5 bedrooms 4.5 bath, 4650 sq ft, pricing at $699,999. It has been 2 months and yet now one is ready to buy it. I can't wait no longer ... |
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 How does a stripper verify her income when trying to rent a house? |
| Because she is a dancer, all her income comes from tips. She wouldnt recieve a pay stub... What does she need to verify her income when applying to rent property?... |
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 Has anybody out there had to deal with bad landlords in their life time? |
| i did not believe there were this many bad landlords out there all they want is their money but never want to fix nothing what ever happen to the good ones or was it my imagination there were good ... |
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 If I make an extra payment on my house, does it reduce my payment from then on or just the length of the loan? |
| I am selling my first house; after it sells I am going to put the money into my current house. I am wondering if it's going to lower my payment or just shorten the length of my loan.... |
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 Should an apartment rental application require your mother's maiden name? |
| I am filling out an apartment rental application and is is asking me for my mother's maiden name. I don't see why they would need to know that. It seems like it could lead to identity theft.... |
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 Landlord wants me to take over house payments, what happens next? |
| We have leased a property from a real estate company for the last year, we were interested in renewing our lease but when we asked, the landlord said they have too many projects and want to be rid of ... |
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 Is it stupid to buy a home now? |
| I am in college and have no money to put down. But I'm tired of throwing away money on rent. I'm thinking I can buy a small modest home, but I would need to rent a room to afford it. Is ... |
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 Can you move furniture in the basement of a house your buying a week before closing? |
| My wife and I bought a home under foreclosure and was wondering if you think a bank who owns it would let us move some furniture in the basement a week before it closes? Any ideas?... |
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Sissy | We are schedule to close on our home and I am scared....? |
I'm scared the lender is going to come back and say "sorry, we changed our minds" This is our first home and I am nervous, any suggestions. If we have a set closing date, can something happen to were we don't close or can the lender indeed change there mind after the fact? |
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PiNkY
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Anything can happen, but it's not very likely.
If you were a risk, the lender would have turned you down long before this!
Relax and think positive! Soon you will be moving into your new home - congrats! |
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Alterfemego
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I need for you to go out to the store and buy some M&M's. Then as you eat them, tell yourself the are "buyer's remorse" pills to calm you... Everyone has the jitters. They won't come back and change their minds. Eveything will be fine! Good Luck! |
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wish I were
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You are worrying yourself over nothing! Yes something could come up to postpone closing a day or two, but the lender isn't going to change their mind! Relax and enjoy looking forward to your new place, it'll be OK! |
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eyeluv
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Once a lender sets a closing date means they pretty much have completed your loan. However, tons of things have probably changed with your paperwork, i would make sure you get a copy of your closing statement BEFORE closing and go over it number by number. Make sure you weren't charged an origination or borker fee....they'll try to tell you that this is how they got you that low interest rate. But be aware. Any decent lender should not have to charge more than 3k in closing costs and NEVER an origination or broker fee. Also, sometimes shady lenders overcharge for tons of different fees so I would make sure you get a copy of the closing statement ahead of time and review it with a lawyer. Congratulations on the house!! |
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islington9
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I just bought a house and I went through the same thing! I'm pretty sure once you've set on a closing date, the bank already has you approved for the loan, and they wouldn't back out at this point. Since the closing date involves the real estate agents, the lawyers and the bank lawyers, and the sellers, the bank would have told you if there was an issue with your loan before now. Enjoy your new house! |
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mystik518
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Technically you can set a closing date but you cant execute it until the mortgage has been approved by your lending institution. You need to add a contingency to your offer that says contingent on bank approval. You never want to put the cart before the horse.
We are selling and buying at the same time, so I have been through all this stuff. Please feel free to e-mail me, and I will give any practcal advice I may have. |
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Judy1
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If you have the loan commitment in writing, that's not likely to happen. Relax, all will probably be fine. Good luck, and enjoy your home. |
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Dr. Phil
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You will be fine. |
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mazziatplay
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A mortgage loan is never a done deal until it is signed and recorded. Lots of things can happen.
Lenders verify everything, anything that cannot be confirmed, such as income, acceptability of assets, acceptability of the property,is possible.
If you have fully stated your true position and supplied accurate documentation you have done all that you can do.
Lenders don't change their minds for no reason so you would be given a chance to document anything they had concerns over.
Talk to you loan officer. This is your advocate in the process. Ask if there is anything in the credit package that could be an issue and, if there is, ask what you can supply to offset that issue.
If your loan officer says all is well, all you can do is trust that you chose the right person to help you through the process.
If you run into problems and need an objective second opinion, feel free to email me. |
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Gypsy Girl
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Something can happen as late as the closing meeting. However, it usually doesn't and lenders usually don't change their minds. Do you have any unpayed bills that you didn't tell the lender about? If not, I wouldn't worry so much. My sister went through the same thing when she bought her house. I'm sure it will work out fine, just like my sister's situation. |
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Pink
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Not likely unless you, the buyer have a problem which you are in control. If the contract has already been signed and you have been approved, only if for some reason you can't come up with the money u need for closing or if on the final walkthru, you find something wrong with the house. Have you had all inspections, roof, etc. and is all in good condition?
Good luck on becoming a homeowner. |
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CJ
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It's not the lender's that F everything up, it's the underwriters. Anything can happen at any time, even the day of closing, that could make things go awry. Not trying to scare you, just telling you the facts. You will probably be alright, you just have first time home buyer jitters.
Make sure you keep in touch with you loan officer who did you loan to keep abreast of the current situation and how the transaction is going. There are always surprises, and usually nothing ever closes on time. |
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Renegade_X
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This is not a good time to be buying a home. I think you should be much more frightened that the lender is going to greet you with a big smile and hand you the keys.
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Realtors: Subprime woes will cause home prices to fall
By Kathleen M. Howley And Sharon L. Crenson, Bloomberg News
April 12, 2007
The subprime loan "debacle" will make it more difficult for borrowers to get mortgages and will cause U.S. home prices to fall this year for the first time on record, the National Association of Realtors said.
The 2007 median price for an existing home likely will decline 0.7 percent to $220,300, the first drop since the real estate trade group began keeping records in 1968 and probably the first decline since the Great Depression, said Lawrence Yun, an economist with the Chicago-based association.
The median price for new homes is projected to increase 0.4 percent to $246,200 this year, the smallest gain since prices fell in 1991.
Home purchases are being derailed as subprime lenders stop funding mortgages or go out of business, increasing inventory and weakening demand, Yun said.
At least 40 subprime lenders have halted operations, gone out of business or sought buyers in the past year amid rising borrower defaults.
"We've been getting reports from Realtors out in the field about home closings not going through at the last minute because of loan problems," Yun said.
"That impacts all homeowners because it affects prices."
On April 2, Irvine, Calif.-based New Century Financial Corp., the largest independent subprime lender, filed for bankruptcy.
The report said the "fallout from the subprime loan debacle" will delay the housing market's recovery until 2008.
New home sales probably will decline 16 percent to 904,000, while existing-home sales are likely to fall 2 percent to 6.34 million in 2007 from 6.48 million last year, the NAR said. |
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