Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Renting & Real Estate
Finance Discussion Forum

 How much notice do I have to give the landlord before I move out?? (I never had a lease).?
I moved into the place Im at in May of this year....I cant stand the neighborhood Im in, nor the people in this building, so my husband and I found this beautiful apartment in a nice neighborhood so ...


 How do I deal with a rent increase of $250 which violates my lease agreement?
I signed a lease for $700, which I paid monthly on the dot for three months. This last month, it was $950. I signed a one year lease clearly stating $700. I talked to the management office, but I ...


 What is the difference between a house with a septic tank, and one with a public sewer?
...


 Call me thick but what does 'Recession' mean?
I keep hearing how this country might go into recession but dont know exactly what this is. Also what is this 'Credit Crunch' all about? what does that mean? lol I sound like a right thicky ...


 How can I get a $30,000 loan to buy a 2.5-acre parcel of vacant land in Florida?
Also, could I borrow enough to put in a well, septic tank, and power pole? Please don't give answers like, "Go to the bank."...


 I own a 1988 mobile home and would like to donate or get rid of it and dont know how to start.?
...


 My friend & her children live w/her mom who is the sole name on the lease. Does my friend have rights to stay?
we live in MN. My friend and her two children live in a two bedroom apartment for over a year now with her mother. Her mother is the only name on the lease. Her mother just had to go to the hospital ...


 I want to live in the USA by the sea, but where?
I am a 55 year old Englishman. Retired, not a lot of cash but reasonable pension. I would love to live in the States BUT it has to be by the sea. I could buy if not too expensive or possibly rent. ...


 Free room/ accommodation in the uk?
Hello
32yo single brit male in the uk, quiet, looking for free room, food for 1 to 3 months, hopefully with an internet port or wifi
, while i establish my small business.
T...


 What's a good way to get into real estate sales without any experience?
I'm about to pass my real estate fundamentals/practice class. I should be able to take and pass the state exam by April. I'm a 19 year old college student without any office experience. P...


 Is it smart to be buying real estate in the next year?
I have been hearing conflicting arguments, some say buy nothing, others say get anything you can. What's the best move in the next year?...


 Rent without a lease?
Rented a room in ireland verbaly for 2 months, no lease was made. After a week living at the room i have reasons to move out, nothing to do with the house. Notifed him 7 days before to moveout. P...


 I'm thinking of buying house in Bristol, any areas I should avoid?
...


 After a person pays off a mortgage, do they get a title to their home?
...


 My landlord is selling my house.?
I moved into this apartment April 1, 2007. On May 15, he told us that he's selling the house. I was really pissed as I planned on staying here for a while and my kids love it here. Well, now, ...


 How long does a landlord suppose to give you to ;move out?
...


 Is my landlord ripping me off?
I recently found out due to past agreement with lease or payment, my landlord end up have a four bedrooms apartment to himself for 350 a month.

He rented out three rooms for 350 each per ...


 HOW DO 1ST TIME BUYERS WITH BAD CREDIT GET HOMES?
...


 Do you think the mold in my apartment bathroom is causing me to be sick?
In my apartment bathroom, water leaks from the ceiling right above the toilet. & I see mold growing more & more, day by day. I told the maintenance man on Friday, & he was supposed to ...


 Zero down on a house???? help?
My husband is going through all of the legal stuff with buying a house. The closing date is real soon and his mortgage guy promised he could put zero down, he gave my husband paperwork confirming ...



frostytink
Will a mortgage lender finance a home that is real estate owned?
the house is in poor repair on the inside, it needs just cosmetic work though, nothing structural. it is a fairly large house 4 BR and 1.5 B on 3 acres and they r asking $54,000. i know that in the area where the house is located land goes from 2,000 to 4,500 an acre. we have only a fair credit rating, but had been approved for another house that was 160,000, but it fell through because there was 40 acres of land and not much house
Additional Details
we do plan to live in the house and do have some cash for repairs. i'm not sure if this matters but we r first time home buyers
                     
 




Ben V
Rating
There is no difference in the financing - unless the appraisal shows significant damage and the lender chooses to not lend on the property because of that.


Elsa D
Yes, they will, but only for the 54k. The bank who owns the property likely requires that you qualify through them, although you should not have a problem is you qualified for 160k.


RickRN
Rating
Yes, as long as it appraises for $54,000, the repairs are truly cosmetic and it is not a manufactured home.


miken7
Rating
I don't see why they wouldn't lend you the money just becasue the property is owned by a bank. It has more to do with yuor financial situation than anything else. Do you plan to live there?


godged
In my experience, it has been about 50/50 on this. Some will, some won't.

It will depend on how fair your fair credit is, and what the house appraises for.


beachlover
Rating
yes


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.014
Copyright (c) 2011 Financial Crisis Tuesday, May 29, 2012 - Terms of use - Privacy Policy