 Realtor commission - Buyer wants cash/cut from me!? |
| Hi: I am a newer realtor. I had a very demanding client above the normal. They purchased a bank repo for $285K in Southern CA which charged $100 per diem if late on COE date. The broker and I sat ... |
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 How can I fight my homeowners association? |
| Our homeowners association is trying to force us to remove our direct tv receiver because they do not like the fact that a couple holes have to be drilled through the walls of our condo. We own this ... |
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 Is it legal? |
| Is it legal for an apartment complex to charge you for shampooing the carpet (it does not state you have to do it in the lease), cleaning the apartment and painting the apartment when you move out? <... |
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 Does my mortgage company have the right to insist that I buy home insurance for the entire loan amount? |
1. I am paying 20% for down payment.
2. I am already insuring a little higher than the “replacement cost-New” amount in the appraisal report.
However, my mortgage company said ... |
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 My credit score? |
| I just pulled up my credit score and found it to be 701.Is this high enough to get pre-approval for a mortgage loan.I am a first time ... |
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 Who owns the house? |
| If my name is on the loan,but we are both on the title who owns the house.Do i need her permission to sell the house.... |
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 Can I rent now then still be a first-time buyer later? |
I would like to rent a flat for a couple of years, then maybe buy a place further down the line.
Will I still be treated as a first time buyer?, or does the fact that I have rented ... |
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 Does anyone know of any lenders that are willing to do a 80% first mortgage? |
| I need a lender who can do a 80% first mortgage, and have the seller carryback the 20% second. I am in washington state. Please advise. I have alot of clients that needs this type of financing. T... |
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 My husband and I are having someone move in with us.....? |
| My husband's best friend is going to move in to our two bedroom apartment with us. My husband thinks that when splitting bills such as rent and charter that we should break it up in halfs... T... |
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 Discount or regular realtor? |
| I'm thinking of using a discount realtor to sell my home. They charge 4% and say they pay the buyer's agent 2.7%. Is that the same percent the realtor gets from a traditional agency? I ... |
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 What should I do first to buy a house for the fisrt time? |
| Home loan? or find a property? How do I know for how much do I qualify?... |
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| I co-own a home and want to sell it but the other party doesn't want to sell it.? |
| I bought a home with my sister and I want to sell the home now. We've owned it for almost 5 years. My sister is half owner also and she is not motivated to sell the home because her down payment ... |
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 How much of a mortgage will we be able to have? |
| we have a mortgage and are thinking of moving soon, but how much do the mortgage lenders let you borrow, is it 3 or 4 times your anual wage (uk)... |
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| Tenants Refusing To Pay Rent =/? |
| My friend’s mom is renting to this couple who have a kid. They wrote a letter stating that they're withholding the rent money b/c supposedly there's "black mold" in the bathroom ... |
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 Landlord says he gave me 24 hours notice...? |
| I live in Ontario. My landlord called me a few hours ago and left me a message stating he would be here to give an inspection of my rental unit at 1:00pm tomorrow. I have been out of town, he ... |
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 Can I drop the offer I've made on a property? |
if we've agreed 150k and my lender is giving me say 95% mtg 142500. Can I then offer say 140k.
PS the mtg has been agreed in writing with valuation of property completed etc.... |
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 Can farmland be used for other purposes? Where can I find out? |
| I am looking to buy an area of farmland but don't want to farm it, but I do want to use it as a tourist facility.... |
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 Can my apartment manager lock me out in the state of Texas without taking me to court? |
| i am late with my rent and my apartment manager says she is going to lock me out by way of changing my deadbolt she has not served me with any court date and does not let me know where i can get a ... |
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Full of Id | We want to refinance our house....are we in trouble? |
We were discussing refinancing before all of this sub-prime mess started to happen. Now I'm wondering if it's a bad time and if we'll have a problem securing a loan. We have good credit and not a ton of debt. Perhaps it won't affect us??? |
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Tiffany
 |
If you are what the industry calls "in the box" with good compensating factors you are good to go.
ie: high FICO score, money in the bank, job stability in the same line for 3+ yrs, not a high loan-to-value, & a low debt-to-income ratio |
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Landlord
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You are correct, if you have good credit you are not effected by the sub-prime hoopla. You are not sub-ptime, but a normal borrower. |
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helprhome
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You will probably be fine. Look for interest rates in the 6%-7% range and if you do better then you have found a real win! Sub-Prime doesn't mean there are no more loans out there.This event that is happening was predicted long ago, but there were greedy people who really should not have been approved for a loan that were approved for loans and now they and others are paying for it. Expect to provide the same kind of documentation that you provided when you went for the first mortgage. Pay Stubs, tax returns bank statements and gather them in advance. This time you will still have an appraisal, perhaps a survey and not have to spend time in the hunting phase but, everything else is much the same-Good Luck. |
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akc1106
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Sub prime loans only effected people with shaky to bad credit. There should be absolutely no problem obtaining a regular conforming loan, especially since you have good credit. Talk to a mortgage lender, it's not as bad as the media is making it out to be. You're not in trouble, besides the interest rates are going to go down in the next 2 weeks. |
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lepr0kan
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Not to worry, if you have good credit, no lates on your current mortgage, and don't have too much debt you should be ok. Contact a mortgage broker and they can probably find a great loan for your situation. They'll probably go mainly off your debt to income ratios, which depending on the lender should generally be under 40% (sometimes under 50%) for all your monthly debt including mortgage payments. The quickest way to figure this out is to add up all monthly (minimum payment) bills that directly affect credit, i.e. new mortgage, car, education loans, and credit cards. and divide that monthly amount into you income, which should come out to be some sort of percentage. if it's below .40, you should be fine. |
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ralph
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Go ahead and apply but use a bank that does not charge any fees. They will let you know current rates. |
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Meadowlark
 |
Actually mortgage rates have come down since we bought our home in February but why wait. You can go to bankrate.com and compare rates. Mortgage companies are being very selective now in who they will loan money to but if you have good credit and little debt you should be ok. Bankrate.com even has mortgage calculators so you can get a feel for what payment you will have. Good luck to you. |
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Hoptoad City
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Just go out and test the waters. Check with Ditech or another well known company. Also check your news paper for going rates. Rates are not actually that bad right now. The most important thing is not to pay points and be sure to get something fixed or atleast fixed for as long as you think you will stay in your house. For instance, if you are going to move in 2 years go ahead and get a 5 year arm. No point in paying for a 30 year if you are only going to be there a short period of time. I would not do anything less than a f or 6 year though. Pit companies against each other. Get a quote faxed to you and get other companies to try and beat it. Rememberr just say no to points. Also, negotiate your rate and closing costs. You don't have to take their first offer. |
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poliana s
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I think u should be fine hun
its not a good time to buy a house but to refinance your house u should be fine.. |
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balfisntdead
 |
Big money goes around the world Big money underground
Big money got a mighty voice Big money make no sound
Big money pull a million strings Big money hold the prize
Big money weave a mighty web Big money draw the flies
Sometimes pushing people around Sometimes pulling out the rug Sometimes pushing all the buttons Sometimes pulling out the plug It's the power and the glory It's a war in paradise
It's a Cinderella story On a tumble of the dice
Big money goes around the world Big money take a cruise
Big money leave a mighty wake Big money leave a bruise
Big money make a million dreams Big money spin big deals
Big money make a mighty head Big money spin big wheels
Sometimes building ivory towers Sometimes knocking castles down Sometimes building you a stairway Lock you underground It's that old time religion It's the kingdom they would rule It's the fool on television Getting paid to play the fool
Big money goes around the world Big money give and take
Big money done a power of good Big money make mistakes
Big money got a heavy hand Big money take control
Big money got a mean streak Big money got no soul... |
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