 I want to sell my house and buy a new one and need some help please!!!? |
| Myself girlfriend and I bought a new house 12 months ago for £167500. We borrowed the full amount on a 3 year fixed rate deal. Our circumstances have changed and we now want to sell this property (... |
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 Do I have the right to get out of a lease if my landlord's smoking bothers me? |
| We live in the lower half of a double and when my landlord lights up it becomes very bothersome. Do we have any recourse to get out of the lease?... |
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 My landlord is being forclosed on, do i have to move and do i still have to pay the rent? |
| the sheriff's sale is 12/07/07 and i have a lease until feb. 1, 2008. I have paid the rent on time and i just got the notice today. I don't have the money to move if i still have to pay ... |
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 Who would be responsible, me or the landlord? |
| I moved into a retail strip. My lease specifies that I am responsible for any indoor electrical repairs/problems. Everything was working fine when I moved in and still is. The thing is that I ... |
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 Landlord is giving me until February 1st to move out. Just received letter today, January 15th. Is that legal |
| My lease was up on December 1st 2007. I asked my landlord in November if we could stay until March 1st and I had received a certified letter today on January 15th. The letter was dated on December 31... |
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 What should I do? |
| I was supposed to closed this friday on a house, today is wed and my broker didnt close on my mortgage loan yet. My broker mess me up really bad, he didnt do his homework. He waiting to the last ... |
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 What does it take for a mortgage company to set a closing date on a home sell? |
| My problem is that we have a contract on our house, the person who offered on the house has submitted all the necessary paperwork to their mortgage company, and has received her commitment letter ... |
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 In the UK, what is the usual period for a mortgage to last? |
| And are there disadvantages (apart from the obvious extra interest) to taking out a longer mortgage? At what age do most people get to the point where they own their own home?... |
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 How can I get the noise level down? |
| We live in a duplex and we have the upstairs apartment. Our downstairs neighbors are extremely inconsiderate as far as noise level goes. The girlfriend, who moved in a few months ago, doesn't ... |
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 Apartments are charging too much for carpet replacement!? |
| My fiance and I have recently bought a house and moved out of our apartment. When we did the final walk through at the apartment they said their only concern was a small dirt stain in the living ... |
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 Have you recently sold your house?how long was it on the market for? |
do you think the sales of houses has slowed down?
Additional Details
I'm selling my house and just interested how long it will take to ... |
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 What age do you have to be to start renting a home in england? |
| also can you just start renting or do you have to show proof that you have a job??if you are under the age to rent can it be put in your parents name??... |
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 My husband died and I would like to add my sons name on the mortgage.? |
He does live with me and If something were to happen to me I wouldn't want him to have to move.How much of a hassle is it?
Additional Details
He is 40 and he wouldn't take the ... |
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 How hard is it to sell a house nowadays? |
if someone has had a house for awhile,,,say 20 years,, how hard would it be to sell it?
why so??
thanks for your answers!
Additional Details
house is outside of ... |
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 I am having trouble paying my mortgage. Should I file bankrupcy? |
| I am a single mom with a disabled child. He takes alot out of me and is sick alot making it hard for me to work or even keep a job. Can I file bankrupcy or should I try to get help else where? I ... |
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 Can you use a mortgage loan for anything other than buying a home? |
| I have a scheme brewing inside my mind, however I don't know if its possible, or even legal. So, suppose I get a home loan. Do I necessarily HAVE to use it towards a house?... |
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| Is it legal for my apartment complex to raise my rent before my lease is up? |
| I live in a college apartment complex and they are raising our rent by $15/month starting in march. My lease runs from Aug 2007 to May 2008, can they up my rent even though my lease states that i ... |
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Sophia R | 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 this. Now were close to the closing day he is saying there is no such deal and my husband has to put money down. Is this just a stunt to get more money, or can he actually enforce this. After all he did give paperwork saying that my husband did not have to pay anything. Any ideas? |
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thinking-guru
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There are 100% loans out there and if you have at least average credit you can get the loan. The loan officer should have known this almost immediately after getting the loan approved as the terms of the loan would have been sent to the loan officer. When a loan is submitted, the terms are EXTREMELY important to the approval. Depending on various fees, it is possible to get a loan on a home and not pay a dime.
Your situation sounds scamish to me. However if your husband did not sign anything agreeing to pay the loan officer then he probably doesn't owe anything (was an appraisal done? title work completed? these items may need to be paid if you back out of the deal).
Incidentally, what does the pruchase agreement say on this? You typically have to give the seller some "earnest money" on the contract and that would have nothing to do with the loan.
Feel free to contact me via email and I'll try and help you out further. |
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kathy6676
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There could be a scam involved which is very possible. The other option is that your husband may not need to put money down in terms of the equity but the money that may be required could be taxes and other closing costs like attorney's costs, inspection, etc. I would look into it further but there is a possibility that this is all it is. |
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Elaura
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Yes, we went through this and changed companies 2 weeks before closing. The first guy gave us about 3 different stories and we got fed up with it. They will pressure you to the point where you think you have to go through with the closing or the world will end -- don't fall for it! |
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gofrfkim
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I agree! This sounds very fishy! Have you checked out the company? go to your state's DRE (Department of Real Estate) website and try to find out information on him. If you feel there is something wrong, consult an attorney ASAP!!!!!! |
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godged
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Something doesn't sound right. Go elsewhere for your loan. Get in touch with your realtor and let them know what is going on, maybe they can refer you to someone. |
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Jo Blo
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you are being scammed,, don't pay the guy till you discuss this with an attorney |
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Searchlight Crusade
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There's a difference between no down payment and not having to pay any money, period, a difference that many agents and loan officers exploit because the general public doesn't understand the distinction.
If your credit score, etcetera, is good enough, I can do no money down every day of the month. In many cases, a good agent can negotiate to have closing costs paid by the seller, and as long as the appraisal supports the sales price, it'll work. However, it's got to be part of the negotiated purchase contract, and no seller with a brain - or a decent agent - is going to agree to a purchase contract with no deposit.
It appears as if you don't have such a purchase contract, or the loan agent thought you did but you don't, or possibly that the implosion in sub-prime lending has caught you short as the requirements for 100% financing got radically tightened the last few weeks. Or it's possible this was a scam from the get-go. More information is needed to tell which of the four is most likely the case. |
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Puddinhead
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He may actually be telling you the truth...
Very recently, like in the last 4 weeks, the subprime mortgage market has crashed. This has almost wiped 100% financing off the map. He may have had your husband approved when the process started, and now he doesn't. Over 45 banks have gone out of business in the last month!
Read this....
http://www.helium.com/tm/226327/planning-buying-months-problems
Best of luck. |
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Yanswersmonitorsarenazis
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There's been so many changes in the mortgage markets lately, unlike anything we've ever seen before.
Ultimately, most loans end up getting converted into bonds that investors can purchase on Wall Street. Some types of loans have been defaulting at unprecedented levels, and so the investors are no longer willing to buy these loans anymore. Which means that some of the riskiest loan types have ceased to be available anymore.
And some of these changes have taken place literally overnight. One day you can have X loan. The next, you can't. It's been brutal for us in the industry, and there are thousands of borrowers who have been affected by these changes, many of whom will not be able to get financing of any kind anymore.
Your mortgage guy doesn't get one dollar of income unless you close a loan. Believe me, if he could find a way to not require a downpayment, he'd be offering it.
I'd start talking to some other lenders. There's more options out there than most brokers have a clue about. Maybe someone else will have a different solution that can work for you. |
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Sarah - Financial Advisor
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Wow, that is typical for this industry. However, what lenders were willing to do two months ago has significantly changed do to all the sub-prime changes. A lot of products were completely eliminated. Depending on your credit score and the documentation you are using (full doc or stated) there are lenders who will do your loan at 100%. You are going to need a 640+ credit score to do 100% financing full doc. Full doc is when you can verify your income through pay stubs, w-2's and the like. There is nothing you can do about this guy you are currently using, get out and find another lender before it is to late for you. |
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