 Landlords, what do you think of this??? |
| I recently found a cozy little house to rent. It's the former guest house of the neighboring house. The landlord is a nice woman who realizes that she isn't going to keep long term tenants ... |
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 Can you sue a tenant for ruining your property? |
my dads tenant left all his crap in the house at literally cost us about $4000
Additional Details
the guys left his crap at our house and broke a hole in the wall, his dog peed on the ... |
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 Am I a canidate for a home loan? |
Am I a canidate for a home loan?
My husband makes $45,000 a year (We have a 6 month old so I stay home)
We have $1500 in credit card debt (due to Christmas shopping)
We owe about $6000... |
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 Can 2 people each get their own mortgage to buy the same house if they are both living in it? |
| ok so 2 people live in a house they rent, the landlord gives an offer for us to buy it, but we want our own mortgages ect. can these 2 people each get there own seperate mortgage for the house and ... |
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 Mortgages........? |
| Does anyone know of any mortgage companies who will lend 4-5 times salary? We are not first time buyers but are struggling to get a bigger ... |
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 What are some good real estate websites to browse pics of properties? |
| Totally new to the real estate game. I can't seem to do an effective search in Google to get me good sites.... |
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 Home Foreclosure? |
My house is being foreclosed on. Will I still owe money?
Can I sell the house.... |
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 Planning on buying a house advice is needed.? |
| And I need all the advise I can get as far as all the extra fees that they chage when processing all the paperwork. My husband and I are a young couple and I am afraid that they'll try to screw ... |
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 Went ot jail and got evicted? |
| I went to jail for one month and when I got out, my landlord changed the locks and kept all my belongings inside the house. Everything. He did not evict me through the court system just a 3 day ... |
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| What kind of notice does a landlord have to give before coming to your house? |
Additional Details
how many hours before coming over? my landlord wants to have an appraiser come over tomorrow. i thought they were supposed to give 48 hour notice?... |
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 Sell remortgage or rent?/???? |
have a house which we have completly renovated!had i valued and made48% equity!!
the dilema is that things went a little wrong a while ago and now our credit rating is poor although we ... |
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 Closing But No Keys? |
| I closed on the house I'm buying this morning, but the title did not give me the keys to the house because the lender had not wired the money to the title company. I called my loan officer and ... |
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 I am trying to sell my house, but the neighbors are horrible. Their house is a dump,People see it and leave.? |
| the neighbors houses are dumps. there is trash everywhere, old junk cars, ect. I had over 50 people come and look at my house, and they all loved it, then looked next door, asked if people really ... |
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| How can I find out who owned my home previously? |
| My husband and I feel like our home may be haunted. I know it is against the law to withold any information reguarding murders when buying a home. How can I found out if something may have heppened ... |
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 Mortgage or Home Equity Loan? |
| My maternal granparents just moved out of a house that belongs to my dad. He is now going to give us the house. We have about $60,000 we want to spend on paying off some bills and remodeling the ... |
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 Mortgage held by Mom. Mom dies. House deed in mom's name and mine. Who owes on remainder of mortgage? |
| The deed is in two names but the mortgage was only in the deceased's name. Who does the bank go after to repay the reminder of the debt. Does the debt go away? What if the deceased was poor ... |
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 By law, what can a landlord charge for a pet security deposit? |
| Is there a max? I live in RI. I can't find any information on this. I have even talked to a lawyer in this area who can't quite seem to find a definite answer. Thanks.... |
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dollarstorebeers | What is the best way to buy a home with bad credit but a good income? |
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jgmeier93592001
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I would suggest that you research a state bond program if your a first time home buyer or have not had real estate interests with in the last three years. Those programs are basically FHA programs, but with better rates. With those programs, you can normally get 100% financing with your closing costs rolled into the mortgage. Unlike FHA and other financing options, these are more strict on the lender to provide. For example, I live in CT. If I quote a CHFA rate of 5.375% w/ 1 point, no matter where you go, the rate and point will be the same. Closing costs will be the same, so that reduces a lot of IBS for the buyer. But because of that, not all lenders offer the state bond program, so you would have to search for a lender that offers that. You can get a list of lenders that have been approved by the state bond programs on their website. Contact me directly if you have any more questions. |
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Kaz
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I would just like to clarify a couple of things. First of all, just because a mortgage company gives someone a high rate, it does not mean that we are "screwing" someone. The high rate is from the bank whom is LOANING THE MONEY. Understand that when someone gets an abnormally high rate, it is normally because the client has bad credit and has a history of not paying their bills on time. I would not see this as "screwing" anyone, but basically watching their own butts in the event that they were to lend the money at all.
Income on the other hand is a very important factor when making a decision on a loan application. Although, I would ask you as to why (if your income is as good as you say) is your credit bad? Normally credit issues are because of a combination of high revolving debt (credit cards) and making late payments on a regular basis. I would just have to ask, as a loan officer as to why your credit is bad if you are making good money. That will (should) be a question that will be asked so you may as well prepare for it.
There are programs out there for you. Some of them, to be honest do NOT have extraordinary high rates. If you would like to know more about these programs don't hesitate to contact me at timothy.kazee@americanhm. com and we can talk about this. i will look forward to talking with you. |
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tvlscat@flash.net
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Put down a sizable down payment, at LEAST 20%.It shows the mortgage company that you have positive cash flow. Try as best as possible to get your debt ratios down. Employment history is looked at, too.Be prepared to pay a higher interest rate. |
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vegasb2k
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As mentioned previously, a bigger down payment will usually help. Depending on how bad your credit really is, depends on the amount you need to put down and what interest rates you will be charged.
If you have time before you buy, invest in a GOOD credit repair service. A GOOD credit repair specialist can work wonders in a 6-9 month period. Be careful selecting one of these companies as there are a lot of scams in this area.
Talk to a reliable Loan Officer for a good recomendation of who the have worked with in the past.
Owner financing or a Rent To Own option will work well too while you are building up your credit. These options are not always available though. |
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GreaseMonkey
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If you finance, be very careful who you use. Some mortgage companies will take advantage of your poor credit with outrageous interest rates and other fees.
If you can wait, try to rent for a while and work on your credit and any remaining issues or habits that got you in the situation to begin with. Save enough for a 10-20% downpayment if you can. This will help with lower interest rates and give you the control to pick and choose from many options. It will also give you discipline in your financial life as well.
Prioritize your assests and liabilities. Lenders like to see assets that are solid and appreciable. You may have to re-evaluate your debt load.
There are also legitimate companies that can mend credit.
Do not consolidate debts. Avoid Bankruptcy. Mortgage companies check those two things before anything else on an application. |
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Ty
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you can buy a house with bad credit but, your interest rate will be high and you will have to pay points. There are several programs for first time home buyers. You can tried to get a FHA loan which the government funds. Please search several mortgage companies before settling.
Ty |
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jennwtx
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Owner financing. |
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boinkergoetz
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Save the good income and pay cash |
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Echobeats
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