 Why are there so many homes going into foreclosure? In this area where I live I see quite a few? |
So do you think it is obvious homes were HUGELY over priced and sold to people who could not afford them in the first place?
When will this nonsense stop?
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IF... |
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 I run an apartment complex, what tips can I use to rent more apartments? |
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I have 125 units. One and two bedrooms, one bath. I was looking to see what people look for when they are looking for a new apartment. Thanks so much for the info ... |
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 Selling a House? |
| We are selling our house in the suburbs of Washington, DC. Or should I say we are really trying hard to sell our house. We have had several people come through but no buyers. We have been told ... |
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 In Calif., how many days does the landlord have to return your deposit after you move out? |
| I think it's 2 weeks. The landlord said 2 weeks then she said 30 days. She isn't too bright when it comes to the laws and following and understanding rental agreements I found.... |
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 Is my landlord allowed to close off a room in my house from use? Like an open living room? If I'm paying rent? |
| So there's an open living room in my house (California if that makes it different) and my Landlord has requested that the room is off limits and cannot be used. Can she do that if I'm ... |
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 Landlord leased my apartment before I moved out! |
| I am currently on a six month lease which expires at the end of August. I have not been living in the apartment full-time but have been paying rent as per my lease agreement. I informed my landlord ... |
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 Are all manufactured homes in trailer parks or are some in regular neighborhoods? |
I live in a very expensive city (San Diego). I plan on being here for a while longer but don't want to piss money away on rent anymore.
The only thing I can afford to buy out here is a ... |
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 Are you supposed to get your real estate agent a gift after closing? |
| We just closed on our first house. Is it customary to give a gift to the real estate agent? If so, what is appropriate? Thanks!... |
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 Is my landlord right? |
| I had a year lease at the apt that i moved into. My landlord ended up beening a slum lord so i moved out before my lease was up. I still mail him a rent hek on time every month. When I moved out of ... |
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 I am doing my 2-month walkthrough of my new home. How picky is too picky? |
| Should the light switch panels that are right next to each other be at the same height (they are about 1/8" difference.) The subflooring is very squeaky. I have lived in many different houses ... |
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 Why would a landlord need to check exactly where your money comes from? |
See I wanna move out and I was told in order to sign the lease, they must know exactly where you get your money from. Is this right? And if so, then how can I sign the lease without a job?
A... |
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 Is it a bad idea to buy a foreclosed home? |
| There are so many foreclosed properties about lately that I feel like it might be worth looking into for my first home. I know I'd need a realtor and I'd have to hire an independent home ... |
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 Tenant asked if she can run a childminding bus at the flat. I am cool with it but Any thing I should be doing? |
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She will be responsible for bus rates etc, I wondered if there was anything I needed to do to protect myself.... |
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Alma V | What's the best company to get a mortgage loan from these days? |
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Thank you everyone for answering, I don't have a great credit score we could say that is slightly low.
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SuperMom22
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the best company to get a mortgage loan from depends on the borrower...there are lots of criteria that go into the decision:
do you have great credit or so-so credit?
Do you owe a lot of money to a lot of people or not too much? Are you purchasing? Refinancing? Paying off debt?
Do you have solid W2 income? Self employed? Need to state income?
if you have perfect credit and a low debt ratio your best choice is usually to either go to the local bank you bank at, or choose one of the big "conventional" credit banks such as Citifinancial or Countrywide. Wells Fargo and US Bank are options as well, but tend to be more difficult to deal with and have less reliable customer service.
If you don't have perfect credit, high debt ratio, or any other non-conventional situation, the best idea is to go with a reputable mortgage loan broker, that has access to literally hundreds of different banks and financing options. A loan officer can talk to you for 10 minutes, and give you an idea of what you can reasonably expect for your situation.
I do actually work for a mortgage broker, so if you have any other questions, feel free to email me. We work in all 50 states, or I can help you find someone local to you! |
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HomesByDamon.com
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Don't shop just for the company...also, VERY IMPORTANT, shop for the person. You want a loan officer/broker who has some ethical standards. I worked for a reputable mortgage company, however, even they had a few bad apples I wouldn't dare get a loan from if I was a consumer.
AND WHATEVER YOU DO --- DO NOT JUST SHOP FOR THE BEST RATE. If your LO/Broker knows this, then they'll lowball you on the quote they give you. |
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kelbean
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Depends on your credit, etc. A mortgage broker that is honest is a good way to go because they have several banks at their fingertips to get you the best rate. Check around and ask people you know about brokers in your area - some are very dishonest so be careful! |
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Robbie G
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Here's my very BIASED opinion (I am a mortgage broker)....
Your best bet is to actually call around and shop for the best interest rate. You can call mortgage brokers, and also banks. In all honesty, sometimes the big banks won't give you the best deals they can, unless you let them know they are in competition with other lenders. Typically, if you call certain large banks, they will qupte you a rate that is a little higher than you deserve in hopes that you will take it.
A mortgage broker could be more helpful to you. They can take your loan to banks, and see who wants it the most, ie will offer you the best rate. A broker can even let you choose which bank you wnat to go with, and can normally fetch you a better rate than you could get from tallking to a bank directly.
Mortgage brokers work like this: We get wholesale pricing. To explain this, it just means that banks compete for our business, so they offer lower rates in an effort to get us to send our clients thru their bank. Its a win-win becuase the broker gets rewarded by the bank for sending them the business, and the buyer gets the reward of a lower rate. |
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richard_lee_boyd
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Wellls Fargo has been in the spot light lately.
its been a while since I checked
Double check Countrywide They might be unstable |
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ragdoll_31
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Not Countrywide. They may be good at the start but if you have a problem they are not interested in helping. i have them and if I could get rid of them I would |
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KT
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Mine was with Chase Mortgage and I was pleased with them. I would NOT give Wells Fargo the time of day. I had a checking account with them and they constantly screwed it up by running other customer's checks through my account. I would be really afraid to trust them with a mortgage account!! |
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drunknfaded
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Countrywide Home Loans |
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USNVET
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I also heard about Wells Fargo. |
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uzzyyyy
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lol dnt know |
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mortgage help
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go with a lender, and not a company that sells your information "to lenders who compete..." unless you enjoy being endlessly solicited. Try quicken loans, eloan, and choice finance. |
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