 What happens when you have an oral contract with your land lord and he wants to sell the house 2 mon. after? |
| I have rented from him for 3 yrs. and have had no contract ever and no problems. I recently moved into another rental of his and did another oral agreement. When we moved in he stated he did not want ... |
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 How much money would i need to put on a deposit for a house? |
| I am 21, wanting to get onto the property ladder and would like to put down a good deposit! Can anyone help by telling what would be a good amount????... |
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 Can my landlord evict me? |
| I have been living here for 4 years. In that time I have bounced 3 cheques. Every time a cheque bounced, I advised the building manager before he heard it from the bank and provided a replacement ... |
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 Does the amount you pay for mortage every month increases overtime? |
| my parents just bought a home that they cant even afford (700.00 in san francisco),the mortage payments will be 10 thousand dollars every month for 30 years,which i think is totally crazy,i am sure ... |
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 Can i report a landlord? |
| my brother in law became my landlord and i go without heat for weeks and days at a time no hall way lights either its unsafe to live here.and i have animals running around in my apt walls,and when ... |
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 Rental Property Electrical? |
| We are looking at purchasing a 2 bedroom home for rental property. It currently has 60 amp service with knob & tube wiring. Our city code requires 100 amp service but do we have to upgrade before ... |
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 Can a landlord send me to collections when I do not live at the apartment? |
| I signed a lease beginning in September and moved out before October, leaving the lease in my name, however my ex husband, his girlfriend and his cousin are living in the apartment that is in both of ... |
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 When will housing prices bottom out in So. California? |
| We are looking to buy a home soon. Some say buy now, some say wait 6 months until the market bottoms out and prices will be rock bottom. Any statistics or opinions on this?... |
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 Can I sue the selling agent for mental stress? |
| Okay, I have been trying to buy this home since the beginning of Dec. (07). I have given the selling agent 2 extentions, due to them not doing what they should on a timely manner (fixing the gas leak ... |
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 How much should I pun down on a house? |
| How much should I save up for a down payment on a house? I’m thinking about getting one that’s no more than $150,000.... |
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 What tips to sell a house quickly? |
| Want to avoid going through a realtor, lots of pretty land in country (though not so pretty in winter) - house is small - also, how can small cracks in the walls be covered?... |
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 Denying a Potential Tenant Application? |
| okay i am on a condo association board and we had someone apply who wants to rent. he gave us an application and lied about his criminal history and we denied it- now he is talking about suing- can ... |
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 Landlord refused to give me deposit! HELP!!!!? |
| I moved from NY to TX in 8/07. My landloard in NY still refused to give me my $1200 deposit. I called + email. He keep postponing it. Now he don't even answer my call + email!!!! It's ... |
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 Question about buying a flipped house? |
The seller bought the house in april 07 for 91,000.00
They maybe put 10,000 into fixing it up and now want to sell for 134,900. Is this justified? Can I lowball and get a much better price?
<... |
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 I rent and have modified my apartment will i be fined? |
| the place was a wreck so i took the doors off the cabinets and painted everything white to make it look nicer. i feel it makes it much better but am worried the owner will charge me or evict me. i ... |
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 Closing Gifts? |
I want to get feedback on what you would expect from a Realtor as a closing gift when you purchase your home. Thanks
Additional Details
wow great answrs...I am shocked at your gifts! I ... |
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 What U.S state has a good asian population besides California and New York? |
| and is a good state to live in lol ...that has entertainment (major) industries such as record labels etc....and a good nightlife...safe....and good quality of life?im not racisis or anything but its ... |
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visjac | What are the chances I get a home loan? |
I have filed bankruptcy a little over a year ago. I have students loans and 2 credit card bills. I own my car. I have a fair credit score. I make around $26,000/yr. What are the chances I get a loan? Also what is your guess as to how much I would receive?
Additional Details
I have never owned a house before. I have filed bankruptcy a little over a year ago. I have students loans and 2 credit card bills. I own my car. I have a fair credit score. I make around $26,000/yr. What are the chances I get a loan? Also what is your guess as to how much I would receive? |
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Audae216
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It would probably be more realistic to go into a rent with option to buy deal.
Fist thing First is to request a copy of your bureau to get your credit score
You are actually in a better financial position because you no longer have money being paid out to creditors
You are in deed debt free
If you have a car note I suggest you pay that off as soon as possible.. make sure you are not creating anymore debt until you get into your home
do not sign a new lease on a car, don not get another credit card.. dont do anything until you get a mortgage loan
There are so many programs for 1st time home buyers and also programs for people in your exact situation.
Call the Urban development office or ask around
I got my home with a government grant they paid for my down payment and I have a very low interest rate
The government as 425 BILLION dollars set aside for small business and home loans all you need to know is how and when to apply for the money.. MY home is a very nice home and every one wonders how I could afford it .. I say its a gift from God .. but that grant really helped
Get to a conference to teach you how to get a grant .. check out the following web site for more information |
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Art
 |
You filed bankruptcy a year ago?... or you were Discharged a year ago?
First of all, you need to determine your monthly budget on a mortgage, which includes the Principal amount, Interest, property Taxes, and Insurance (aka PITI).
I'd say the first thing you should do is to consult with a mortgage lender. If they cannot help you out, they can at least give you instruction on how to get back on the right track.
Other options for you aside from that would be to look for Owner/Seller Financing, where you would look to the Seller to be the bank. Or, you could possibly pursue a Lease to own option.
Good luck |
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mazz
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You can get a loan. It depends on your credit score. Your interest rate will be higher. People can get mortgage 1 day out of Bankruptcy. You have 3 trade lines which is good. Your Debt-to-Income ratio can be as high as 55%. I don't recommend that because the DTI is based of gross before taxes. I hope you have cash on hand. |
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celia s
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maybe my friend can help. email him at dotheloan@bellsouth.com |
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poo hat
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slim to none |
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jmrob29
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It depends on the steps you have taken to improve your credit since then. I don't think it will be a problem.
Banks will loan money to anyone - in a reasonable amount vs. value of the home...nothing says that the interest rate has to be reasonable tho.
Look up a mortgage calculator on line to calculate in your closing costs (approx $5K), your down payment, value of home vs. purchase price and figure about an 8% mortgage rate, current bills, etc.
7 1/2 % to 8% interest rate would be the norm one year after a BK.
Good luck! |
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djtfn
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Yes YOU CAN. You need to look at FHA or and b/c leader. As to what you can get We need more infromation. You should look at and motgage broker and see. |
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lornavernon
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If this will be your first home, there are programs for first-time buyers. Check them out. There's some degree of forgiveness, particularly if there's justification for financial woes in the past. We're just going through home-buying and while our credit histories were fine, we noticed abundance of information around for first-time buyers with less-than-perfect credit histories as they say.
See the article at the link below. |
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funnyhaha
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Great- for the craziest interest rate ever. |
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Crazy Cat Lady >^..^<
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I agree slim to none..especially with a bankruptcy |
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robert w
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candidly , you should not BUY....
vist daveramsey.com to learn what the bankers creditslave cards pray you never ever learn and apply in life.
Note there are mortgage companies with CREATIVE financing that can get you in a house loan BUt you'll be on the street in 3-5yrs.
rent , learn to manage your money, save, learn to increase your value to the work place through education, increase your pay , save.
when you got those going , buy 'house buying for dummies' read and learn least you lose again. |
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