 Can you buy a home with no down payment? |
| We are trying to buy a home and just wanted to know if it was possible to get financed with out having to put a down payment or a huge down payment. Our credit isn't the best, but think it is ... |
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 My lease is up; do I have to move?? |
| Our lease was up the sixth of April. We received no notice to vacate, but our landlord did call us and mention that his son was wanting to move in in May. We are looking to buy and don't have ... |
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| What happens if a co-signor wants to remove their name from a mortgage loan and not be responsible any longer? |
| The mortgage was co-signed by my mother-in-law and she says if my spouse and I continue to live together she will remove her name from the mortgage and we will lose our house? Is this possible for ... |
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 Home Buying for the first time..? |
I take home $45,000 a year and have a student loan of $30,000 to pay off. My monthly payment for it is $340. What is my debt to income ratio? Will it be held against me?
Additional Details
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 Why rent instead of own? |
| Why does it seem like more people (in US at least) are renting apartments these days? The apartment buildings are getting fancier and higher priced to appeal to more people, but my hubby and I are ... |
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 Who is at fault for the Subprime Mortgage Crisis? |
| I've heard opinions that the subprime mortgage crisis is the result of predatory lending, uneducated borrowers, over-valued homes, and a lack of government regulation. What do you think is the ... |
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 Getting my own house? |
| im getting my first house and cant really afford much furniture etc, what do you think would be the best place to look? i need to buy everything and only have £1k ...... |
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 Denied for apartment? |
| I was denied for an apartment on the grounds that my prospective landlord called my current residence and asked the landlord there if he was aware of the fact that my boyfriend was living with me. H... |
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| Is it a good idea to buy a house before you get married? |
| A friend of mine is thinking about buying a house with her partner. They are in no rush to get married, but thinks this is a good idea to save money. Her boyfriend is using his trust fund to put down ... |
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 Is LendingTree.com legit? |
| has anyone ever used it? i'm a first time homebuyer...and am looking for the lowest interest rate I can find. I heard that LendingTree.com will have different banks offer me different rates....... |
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 As a single first time buyer...? |
| How hard was it to get onto the property ladder? How did you do it? I feel I should be looking into this now but realistically can only afford a 50k mortgage and there aren't any properties ... |
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 What is the housing market like in your neck of the woods....? |
| How much would a 3 bedroom ranch with an attached garage cost where you live? One that is in relativly good shape....... |
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 2 bed 2 bath apartment for 2 couples? |
We are 2 newlywed couples, that go to college. We want to move in together. Would we have to pay more because we are 4 people? How would we divide the rent if one gets the master bedroom?
A... |
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 Why rent?..still does not make sense, ...? |
| even though being a 'renter' is less responsability you NEVER finish paying the landlord. Of course being a home owner, you pay property taxes and insurance...but you get to write it off ... |
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 Seller wants to stay past closing date... how much to charge? |
| I know it is mainly an individual's choice on how much to charge if the person you are buying a house from puts in a request to remain in the house a few days longer. I would just like to hear ... |
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jmt6699 | What is the most important thing to know about purchasing a house? |
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kja63
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Never buy more than you can afford -- mortgage, taxes, insurance, upkeep, etc... |
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sortaclarksville
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How much you can comfortably afford. |
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NHMike
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I would say one of the most important things to know is the condition of the building and mechanicals (furnace, water heater, etc) in the house. A thorough home inspection will point out any issues that would need to be taken care of prior to buying ans let you know what things may need attention in the near future.
You really do not want to buy a house and then be surprised by expensive repairs. |
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k man
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way to many to put on one thing. value for the area is one.no hidden problems,get a home inspection. a good loan company.also in 10 years will the value go up and is it in a good resale area. |
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Mama Mia
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Being an informed buyer takes significant experience or reading/studying... To try to condense so much needed information into one tip is too difficult.
So I will recommend 3 tips:
1) Shop around for a lender and pay specific attention to the good faith estimate (make sure that it reflects all charges and the approximate rate that you were quoted) - do not submit to pressure. Make a budget prior to beginning your search to ensure that you have an accurate picture of your expenses and what you can afford including Principal, Interest, Taxes, and Insurance; maintenance; increases in payments due to ARM increases; utilities, etc.
2) Hire a helpful and aggressive realtor to negotiate good terms for your contract and ensure that all inspections are complete and contingencies are recommended
3) Get a long-term mortgage that will take you a long time to pay-off and use the savings on your payment to increase your investments and use your mortgage to increase your wealth |
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Doclester
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First of all know your creditworthiness. A good credit will spell out the difference on the monthly mortgage payments you are going to make. That is for your part. For the part of the house, always think LOCATION, LOCATION, LOCATION. Good neighborhood and good schools within your zone will help a lot in increasing the value of your home. |
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mrdavidewing
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look long term. stretching yourself in this soft market is fine... make a that "long" term commitment- if this is a spec house, then make sure that if life goes south it's a place you could make home until you straightened things out.
in terms of pure selection- it truly is all about location. as most of us have already said- there are too many questions we'd have to ask you to answer your question (preferences and purpose for buying). good luck and... TAKE YOUR TIME. : ) |
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traveler
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Be sure your income is enough to withstand years of finance charges if your buying through a home loan. Have the home inspected by a certified home inspector to make sure you are not buying a house full of problems that can come back to haunt you. Be sure this is what you want where you want it.
Good luck. |
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sweetsum691
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There are so many important things, that I would have a hard time saying there is one that is most important. Go to www.realtor.com and research the articles there to educate yourself as a buyer. Good luck and happy house hunting!!! |
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Missy
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If it has all four walls!!! |
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