 Is it better to have a nice down payment or a better credit score when purchasing a home? |
Additional Details
I want to purchase a home for 90K-100K and my score is in the high 500... |
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 Does a Landlord have the right to enter premises to inspect with tenants still in occupation? |
| Grand-daughter lives in a flat and landlord regularly comes to inspect and make personal remarks about untidyness. She and her boyfriend are good tenants and have been there for 3 years. Does the L... |
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 Would you ever get a roommate? |
| I am moving out of my parents house for the first time and I was looking at some places and to get a good house or a decent one its expensive but I went to craigslist and I found some really good ... |
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 My neighbor bought a Hyundai. If he parks it on the street, will it bring down property values? |
| I live on Balboa Island in Newport Beach and it is a very wealthy area. My neighbor bought a Hyundai, a faux luxury model called an Azera. If he parks it on the street, will it bring down my property ... |
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 Why do councill properties all stink of piss? |
| Im looking for a flat in london, and my budget means most of what is available is ex-council. iv been to see quite a few, about 20, and the communal areas (entrance and stairwell) all stink of piss. ... |
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 Can My landlord evict me if he made |
| on July 25th I called my landlord and asked him if it would be okay to pay more then half of the rent on the 8th and the remaining balance on the 15th he said yes verbally. to my husband but in a ... |
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 What type of home can you buy in your area for $100,000? |
| i mean like where i live a 100,000 house would be considered very nice;3-4bedrooms, 2 baths, nice yard...... |
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 I want to buy a house but I have bad credit.? |
| I am a 25 year old female and I want to get out of my parents home, I dont want to waste money on rent but I have bad credit, how can I go about buying a house with Bad credit.... |
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| Can we back out of a house purchase? |
| We are Canadian. living in Ontario. We have signed a contract to buy a house and have put $2,000 down as a deposit. My husband and I are now thinking of separating and if we do, we do not wish to ... |
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 How much rent to charge my girlfriend? |
| i have a two bedroom flat. my girlfriend is moving in soon. i was wondering what is a fair amount to ask her for rent. my gas and electricity is £40 a month, TV, phone and broadband package about £3... |
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 "Please help" I moved into this apartment on the first of last month. The top floor above me keeps banging. |
| I cant get any sleep whatsoever I spoke with the management company and they refuse to return my security deposit which equals one months rent. They never gave me a lease also, so im not under any ... |
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 How much house does $158,000 buy in your city? |
| I have a 2300 sq craftmen style house built in 1997. It is on a 1/2 acre lot with many trees and a creek. It is 3 stories with maple hardwood floors and a lot of arcitural flare. We are in a great ... |
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 Can my landlord evict me for no reason? |
| I always pay my rent on time and have not damaged the property. I've lived at this house for 2 1/2 years. The landlord and I have had a few disagreements about small issues, such as how I ... |
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 My husband and I are having trouble with......? |
| My husband and I are looking to buy our first house or rent a house with the option to buy. The problem is, his credit score isn't that high so we are having trouble getting a loan. Some of the ... |
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 What is rent to own all about?? |
| can someone tell me what renting to own is like and what it is alll ... |
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 No cats allowed even though another tenant has a dog? |
| I am renting from a landlord that states (it is in my lease, but he did not mention the "no pets" rule until right before we signed the lease!) that I may not have pets in my apartment. H... |
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 Can landlords do this? |
| Our rent is not late yet but they told me that they can have me evicted from the house in only 1 day. Don't they have to serve the eviction notice and go to court? We are on a month to month ... |
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 Isn't this against the law? |
| My fiance and I moved into a house that him and his business partner bought a few years ago and had been renting out. We took over the full mortgage payments and had the Grant Deed switched to our ... |
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rph tess | What would happen if you stop making payments on your house? |
....would the bank try to get the money from your checking account or try to take your car...?
Additional Details
Actually, I have the money to continue paying for my house, thank God for that. I'm just asking because I've heard many stories about people who have just walked away from their homes,
and I was just wondering. I would never do that. I'm lucky to be in a well paying profession, i'm a pharmacist, and would probably never have to worry about that. |
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catlady
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No...they would foreclose on you and you would end up living in the street. |
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fdm215
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No, the house is the collateral for the loan. They will take your house if you stop paying. |
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suzanne
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No, the bank takes your house AND the profit they get for selling it. You end up having to find somewhere else to live and still owing a debt for the house (minus whatever the bank got for it). |
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Blackberry Lover
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forclosure and a bad credit score |
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RoadKween1
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they would foreclose on the house and then sell it to get their money back. Your credit would be ruined and you wouldn't get any money back from your investment. |
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gabriel l
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Foreclosure |
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moonchild
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they would repossess your house and you would be homeless. |
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makedamnsure_32
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i think they foreclose on it... |
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lady
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foreclosure |
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Joe B
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They will forclose on you.....you will likely have about three months of paperwork sent to you and the house, and then one day the sheriff will come and make you get out. |
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Mean Mr. Clean
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They won't waste the time with the car...they actually own the house till the payments are complete...so, they'll take it away.
Can you say shopping cart and carboard box? |
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Andrew W
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the bank takes it |
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H.B.K.
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they will kick you out sell the house take their money . and you wont be able to get a house for couple of years |
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PeopleFud
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Nothing would happen for a few months. Then the bank would foreclose on your home. That means they have the right to sell it for any price they want and you cannot do anything about it except buy it back from them. At this point there will be additional fees (Legal and Administration) of thousands of dollars. In addition, your credit would be affected and it would be difficult for you to get any credit for quite a while, and if you did, it would probably cost more than if you would just pay your mortgage. If you have enough to keep paying, but know you won't be able to for long, call a real estate agent immediately, get your house up for sale, keep paying the mortgage. Sell the house for as little as possible to get a fast sale and get away without any cost from you. If you can sell it before you get to the point where you cannot pay the mortgage, you will save yourself a lot of grief later on. |
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Far S
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first a lot of mail comes to you sbout it then most likely forecloser |
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Real Grave Digger 74
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bye bye house..hello card board box!!
Take your car? why would they take ur car? they would take the house,come on now,wtf are you thinking? |
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Benita
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They would foreclose on you (as everyone else has stated). The foreclosure process is not a pretty one. You will be served with papers and asked to leave by a certain date. If you don't leave by that date then the police will come and you will have to leave your things and you will be forced out of the home if you don't leave quietly. It's not a good thing. |
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Lisa Marie
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DAAAA.... THE BANK WOULD TAKE YOUR HOUSE!!! THAT'S HOW THEY WOULD GET THEIR MONEY! |
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GO TO HELL
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They don't care about your checkbook or your car. Their only interest is your house. If you don't pay, they will forclose. That means you're moving, so it's a good thing they don't care about your car...you can always sleep there. |
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MFGz
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then u live in a ********* cartboard box..DUH |
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wroberts29
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it would be down to the bank and you would end up in dept |
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Derek B
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As long as you move to Canada, they can't touch you. |
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bradxschuman
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Uh....pay your mortgage....your credit depens on it. Don't be stupid. There's NO good way it could go doing anythind else. |
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#1 Raider Fan
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They will first go through the foreclosure process and then they would auction off the house. If they get more than what you owe from the auction then they would give that back to you minus the court costs and any other fees. If there's still a balance that you owe after the auction then you owe that and they can seize any assets that you have including back accounts and any property you own including your car. I'm sorry if your losing your house. I hope it all works out for you. |
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getwiththefuture
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debt calls
beyond belief |
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