 Can we fire our realetor? |
We offered 440,000 for a house that listed at 450,000 they declined, so we offered 450,000 and their appraiser said 460,000
our appraiser said 455,000 we do not feel our realtor is working for ... |
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 Would you look in the windows of a vacant house that is for sale? my hubby says i shouldnt!!? |
| i am going to go to the house with the realtor but want to take a quick look. i guess im nosey!! ;)... |
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 If a person has 2 homes and one is foreclosed on, how does that affect the other home? |
| My fiance' owns a home she rents out. She and I purchased a home a few months ago. Her renters have lost their jobs and can't pay rent and the rental market is bad. If my fiance' ... |
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 Can a landlord give an oral evicition notice? |
| My landlord sold my home, and the new owners asked me yo leave in 30 days. No writen notice.... |
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 What does it take to buy a home? |
| I'm 26 years old and I live in Indiana. I have never bought a home and don't really even know where to start. Can anyone give me some general info or help from experienced home buyers would ... |
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 I understand a landlord can enter an apartment with proper notice, but can they go through your things? |
| My landlord gave proper notice that they will be doing random inspections with the Mortgage supervisor. I understand that they legally can enter with proper notice but I'm unsure what they are ... |
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 Flipping houses...? |
| Want advice from people who have done this. I am looking into starting to flip houses. My husband is a handyman. He works in maintenance and will be taking his HVAC test shortly. So most of the work ... |
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 I am 16 years old an i have a job and want a flat? |
| i am 16 , i have a job and me and my fiend want to move in to a rented flat , we both have jobs and would like to rent a flat up to £200 a month , what could i tell he council so i could get a flat ... |
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 "Help" landlord locked me out of my place! I live in california and have a month to month agreement |
| on 11-02-2006 when i went to pay the rent she would not accept it and told me i needed to move out. I have never recieved any written notice at all. this morning I left to go to the doctor and when I ... |
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 What are the first steps you take to getting a mortgage? |
| it sounds stupid i know! but me and my partner are looking to get a mortgage, we are first time buyers obviously first time buyers, and we haven't got the first clue on how to go about it, do we ... |
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 How to get a room-mate to quit smoking marijuana in the house? |
Room-mate new way before moved in, not suppose to do this.
However from day one this has been going on. There is 3 of us that live in house right now, haven't gotten 4th room-mate yet. I ... |
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 Is it better to buy a new house in this year or next year? |
| i am living in canada and planning to get a new detached house. I was just wondering is it better to get a house in this year if prices are good this year or should i wait next year may be price ... |
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 How much should I offer on a home that costs $179,900? |
| It is a nice ranch, 1296 sq. ft. and I absolutely love it. The problem is it is a little out of our price range. I was thinking of offering 135,000 to give me some room to go to 140,000. Is this ... |
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 How to divide rent between 3 people in a 2 bedroom home when 2 of the tennants are couples.? |
| So I'm living with my boyfriend and we're going to college. Recently we found out that his niece is transfering to the college we are going to so his parents want her to live with us. I�... |
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 Can I kick someone out if they pay rent and receive mail but are not on the lease.? |
| When I moved into my place I had a friend with family & personal problems. I offered to let her stay with me but she would have to help out with rent. There never was an agreement on how long ... |
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 What's the best attitude when buying a house? |
| I'm 24. I have my credit approved to buy a house. I feel so lucky the second real state agent I went to was very nice, explained everything, and offfered me a deal that was more than what I ... |
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 Real estate question? |
| I'm intending to be a first time home buyer with my husband. If a home is listed at say $2,100, even after I've made the search specifically for PURCHASING a home, does this number ... |
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♥Ava♥ baby Jack due 4/1/09 | We want to own? |
We went to go and apply for a mortgage and our credit union doesnt do mortgages. Who do we go to? We want a consultant to help us find out what we need to do and so on. Do we go to a bank and find one to work with us? |
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Queen of the Dachshunds
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ask your realtor which mortgage company they would reccommend. |
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hacked
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I would talk with your realtor and they will find someone who will work with you in regards to your individual situationa dn theyw ill also help walk you through the process.
You may also want to think about a real estate attorney to make sure no one takes advantage of you, that is very common this day and age and a real estate attorney is your only protection. |
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yums
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read tips on mortgages and more on real estate on this site |
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Price is what you pay for value.
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Would you consider delaying your plan for 6 months to a year? That would probalby save you 5 to 10%.
http://money.cnn.com/2006/08/15/real_estate/Metro_home_prices_fall/index.htm
http://money.cnn.com/2006/08/23/news/economy/homesales/index.htm
As housing market slump, it is easier to calculate "Rent vs. Buy" scenario. Because "appreciation" is no longer a factor.
Mortgage payment consists of two parts: interests and principal. Interests are like rent, which doesn't add to the equity to your house. It simply disappear as your pay it.
If interests portion of the mortgage payment is roughly equal to rent of equivalent property, then it is a decent buy.
For example, let's buy a $500,000 condo with 0% down and apply interests only loan (just like renting a place). Mortgage payment would be $3250/month. It is a bad buy, because you can enjoy same property for $2000/month.
Please note that I assume the tax benefits from home cancel out fees from home association and property tax. For more accurate calculation, consult with your CPA or accountant. But NOT your realtor, whom will say anything to get the deal to go through.
And again, if you like a particular property, then paying more may be reasonable. You are the only person who can decide how much more premium you are willing to pay. |
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rhsaunders
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Start by going to a bank. If the bank is unwilling to do business with you for any reason (with credit history issues being about the only reason that they wouldn't), go to a loan broker. There are lots of them around; in the Seattle area they are advertising all the time. |
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R J
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Find a "Mortage Broker" after you read THIS book:
http://www.amazon.com/Thousands-Dollars-Your-Home-Mortgage/dp/0471223271 |
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girlyv6
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hey gal- i just went thru 2 years of home shopping and lots of banks and mortgage lenders. I found my bank was NO help. My best advice is to go to 2 or 3 mortgage lenders and go with the person that makes you most comfortable with understanding things. There are hundreds of mortgage brokers out there that just dont care and will try to just get you into a house- not at the best rate. Another suggestion that is really important..if you are a first time home buyer there are things called FHA loans and govt loans for first time buyers. There is also a grant called the AMERICAN DREAM that is for first time buyers. Both of these are monies given that you dont have to pay back if you stay in the home for a certain time frame. And if you do move you dont have to pay interest on paying them back. Many mortgage brokers wont offer these free monies because it takes money out of thier pocket and helps you. There are hundreds of gvt programs that help you own a house ...take advantage of them! When you find the broker that still offers you these things and to help you and is not all for themself....go with them! But bring up these grants when talking to mortgage brokers and see if they help you. Good luck! |
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Searchlight Crusade
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Shop shop shop that mortgage around. Find a place that will guarantee their quotes in writing. Find a backup loan.
Both the best and the worst loan officers work at brokerages. A brokerage *can* give you a better deal, but the question is *will* they?
Being first time buyers, you probably need a lot of consumer education, both on the mortgage process and real estate. The real estate category at http://www.searchlightcrusade.net is one of the best ones out there. |
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Dumpy Poofus
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Ask Ronald McDonald for the money...he is loaded. |
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Matt G
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Ava,
Being a first time homebuyer there is a lot you will not know about owning a house. For example, the other costs that are associated with home ownership besides just the house payment. You also need someone to educate you on what types of loans are available for someone in your situation. There are many good, low or no down payment, fixed rate programs available. You need to stay away from high cost, high rate, 2 years ARMs if your credit and income situation allows it. Otherwise you may be facing a financial hardship in 2 years.
I am a mortgage banker and a former CPA. Our company is licensed in all 50 states. If you are serious about having someone honest and upfront work with you please contact me at matthewhgray@yahoo.com and I will give you my work contact information. |
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sarge927
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You can go to a bank or you can look on-line. There are web sites like lendingtree.com that will put you in touch with several mortgage brokers so you can shop around. Just make sure that you read everything carefully and you know what you're getting into. If you get an adjustable rate mortgage, you can get a lower monthly payment to start but if interest rates go up your payment goes up too. You should also be careful about interest-only mortgages -- they have low monthly payments, but you're only paying off the interest (no principal), so if you finance $150,000.00 and sell your house in 5 years, you will still owe them $150,000.00.
Just my two cents worth: If you can do a fixed-rate principal and interest mortgage, do it. Your payments may be a bit higher, but your payment will never go up and you'll be paying off part of the house every time you make a payment. Also, it's better if you have at least 10% to put down on a house, but if you don't there are ways they can finance you. You'll probably have to have mortgage insurance, but you can still get a mortgage if your income and credit are good. You can get answers to all your questions from a bank or a mortgage broker. |
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cristanine
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Your credit is bad?? |
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Steve R
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Go to a bank. Stay away from mortgage brokers. Most banks will give you a mortgage. Go to http://www.bankrate.com/ for more answers to your questions. |
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