 Bank trouble!!! Please look at this, do I lose honest money(tenthousanddollars)... the bank rejects the loan |
| I am trying to buy a house. I gave ten thousand dollars honest money. Then I got the approved letter from the bank. Then ONE WEEK before the closing date, the bank rejected the loan. If the seller ... |
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 What type of mortgage would be best for us? |
| We are going to refinance our mortgage due to a variable rate issue in August. However, we are un-sure wether to go with a fixed rate or a 5 year ARM at a little over a .5 % less. We do not plan on ... |
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 I want this old house, but I don't know the owner? |
| There's this really old, small house on the side of the street on the edge of a small wood next to bigger, nicer houses. I've lived here (Raleigh, NC) for 6 or so years and I have never ... |
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 Buying a house...What should I offer? |
| I am wanting to put a bid in on a house. The house has been listed for about 2.5 months and the owners were originally asking 79,000. The just lowered to 74,000 about two weeks. I was thinking of ... |
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 If house prices are so low right now and still dropping why does my rent still keep going up? |
| I live in Michigan where house values are at an all time low. You can buy a house that 6 years ago was 200,000 for about 140,000 now. I don't have the time for a house and have been living in ... |
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 How do I ask my land lord if she will sell me the home I am renting.? |
| When I first started to rent, she didnt want to rent, but wanted to sell and get the house out of the way and have the money. Now, that she sees I am a good renter, she isnt sure if she wants to sell,... |
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 Legal question what liability does my landlord have? |
| We've got a problem with a leaky roof which is badly in need of replacement with all the rain we're having at the minute even the kitchen window is starting to leak, the roof is leaking in ... |
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 Can a 16 and a 18 year old rent a house in indiana? |
| we are a young family and we want are own space.... |
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| My landlord sent me fake eviction papers to evict me before the sale of this property. Should I go to the DA? |
Additional Details
(1)Court summoms paperwork sent to me lacks any details on what to do like "You must respond in writting in 5 days" ect. (2)I checked and the case number is ... |
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 Do you claim your 1 year of rent on your taxes? |
if so, about how much more did you get back?
Additional Details
for all the people saying you can't claim your rent on your taxes, yes you can where i am.. and thats indiana.. i was ... |
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 How long does it take before agents begin to show my house? |
| My house was only listed about a week ago, but I haven't gotten any calls about showing the house yet. (Yes, I know I'm anxious!). My realtor told me that most likely, nothing would ... |
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 Looking into purchasing a home my husbands gross a month is 4062.00.? |
With the credit crunch the lenders are having now, is it possible to get a home loan if our credit scores are between 515 and 625
Additional Details
We live in AZ and there's alot ... |
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 Tips for buying an investment property? |
Hello. I would like to buy an investment property. Either a cheap unit or cheap holiday house. Does anyone have any advice or words of wisdom?
Preferably answers from Australian people due to ... |
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 What average can you expect to pay for closing cost? |
Additional Details
This is for a 3 bedroom 2 full bath finished basement 1800 sq. feet listed at $98,000 if that matters.... |
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 Landlords: Why is it your business whether your tenants have jobs? |
| As long as you have the money in your greedy little hand each month at the same time, why is it any of your business whether your tenants are working?... |
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cprowitt | What are my options on this situation? |
Me and my now ex girlfriend bought a house for 105,000 with an FHA loan. we have had it for almost one year. things between me and her have gone sour and she wants to just get out from under the loan. I know the only way for her to do that is for me to refinance but i dont have any money at all the do that. And if she wants money i dont have that either. What are my other options? I also know i could just foreclose but will my lender be able to try and work something out for me. I can afford the payments but i dont have any extra cash to settle another loan.
HELP!
Additional Details
and to clear things up a bit....i can pay for the house myself....but she is just worried about being on the loan and what she is entitled to. If she is entitled to anymore than a grand i cant pay her and if i leave the loan the way it is she will still be entitled to any money i make on selling the house latter on |
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haygirlc
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You are both equally liable if you are on title. Best to sell the home or work out a sale/deed change to put it in your name. A title company can do this for you.
It will ruin both your credit if you don't keep up the payments. It is in both your best interest to contribute to the mortgage as agreed until the house is sold. If you are both on title it will take both signatures to sell the home (there are few exceptions), so best to keep it business and get a real estate agent that will work with you both individually and separately to act as the buffer you need. |
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acermill
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If you can afford the property on your own, you can continue to make the mortgage payments on your own. Be prepared to retain proof that you ALONE made the payments, for purposes of tax deductibility. Absent refinancing, however, you will not be able to remove your girlfriend from the mortgage obligations.
If there is actual equity in the property and she wants it, you can only refinance to get her what she wants. |
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Amanda H
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she may let you buy her out & if you can be civil, include in your divorce the terms if you can't pay all at once
best bet would be to just cut your losses & sell the house & divide both the profits & the liabilities equally
sorry things didn't work out |
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ozzie.1947
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If you can keep up the payments and not default, try selling. It's your only way out short of coming into a windfall profit. Or...I don't know how much your payment are but maybe you could rent it out for the payment + a little more and move yourself into a cheap apartment that you can afford...OR get a roomy you trust and charge him/her some bucks for living there + part of lights, etc. GET A CONTRACT IF YOU RENT IT OUT OR GET A ROOMY!!!!!!!! |
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amadorgentil
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Get a lawyer! Soon! |
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senior2tor
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A mortgage of a 25 year term means the in the first year most like only 97 percent of the monthly payments were for interest only. It takes years to get any of the principle paid down. Since this is the year house prices are falling you have not made any equity from a higher selling price. Get her to quit claim out for a few dollars as suggested by the lawyer. You owe her for cooking and cleaning the house. |
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LadyKnitsterSF
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And you can't sell it because?
Of course she's going to want her "fair share" of the equity of the home and profits, if any, from the sale. If neither of you can afford it on your own respectively then you both need to agree on a plan that will protect both the house and both of your credit score/history. She just can't decide to leave and demand the money, especially if her name is all over the loan and title paperwork. I'm sure if you both take some time to think through the whole process you'll both understand the situation and work together to positvely resolve it for both parties. |
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noknojon
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If she co signed then she is liable for the loan also , but if you did it by your self - sorry find the best way you can |
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jackie
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You need to go to dept counseling. |
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