Renting & Real Estate - August 2006

Hello,

how difficult a time am I going to have being able to buy a first home? My wife and I both have extremely poor credit. We have the $$ for downpayment (10% - 20%)... but from the looks of it banks aren't going to be inclined to look favorably on us.

Any thoughts?
Thanks,

FYI:

I recently checked my credit scores and this is what came up...
Transunion: 503
Equifax: 459
Experian: 574

I have noticed numerous errors in all 3 reports but didn't think it was worth my time to fix... I'm beginning to think I was wrong

2006-08-02 04:09:43 · 11 answers · asked by mash220202 2

Assume that:
1. You can inspect the property
-or-
2. You cannot inspect the property

2006-08-02 03:20:51 · 9 answers · asked by Anonymous

We recently made an offer on a home contingent upon ours selling. Well the contingency date was up yesterday with no sale. During that time we realized that we didn't want to be that strapped down that much anyway. We also heard disturbing news about the neighborhood (a few Meth labs had been busted around there). It also needed exterior work as well. We loved the house though. So I called my realtor and told him that if they could come down in their price they still have a buyer. He basically said that they wont and will probably just totally pull away from our offer. Our realtor sounded kinda upset that we wanted to pull the deal with them..even though we are no longer under contract. Is it appropriate to offer less after your original contract is up? We are just looking out for our own well being and don't want to get screwed ont he deal.

2006-08-02 02:47:12 · 9 answers · asked by Anonymous

She is also refusing to pay for past utililties bills,do I have the right to shut off the electric after the 15th of August ??? as it is in my name....?????

2006-08-02 02:25:43 · 17 answers · asked by Fillie 1

should I ask for points paid or just closing costs? How much below the asking price is standard?

2006-08-02 02:18:12 · 9 answers · asked by k8melanie 1

BTW,how much money do I have to pay them first?
Thanks

2006-08-01 22:37:40 · 9 answers · asked by sean j 1

been aproved for a mortgage laon need a 10% dow npayment any ideas?

2006-08-01 18:21:01 · 5 answers · asked by wvgal 2

Hello,

how difficult a time am I going to have being able to buy a first home? My wife and I both have extremely poor credit. We have the $$ for downpayment (10% - 20%)... but from the looks of it banks aren't going to be inclined to look favorably on us.

Any thoughts?
Thanks,

2006-08-01 18:05:02 · 15 answers · asked by mash220202 2

how can this be?

He told us that as long as our score is over 520 than he could get us into the house.

He is a real estate agent by profession and we would be going through the company he works with.

He is coming over tonight and I want to know if this sounds up and up to anyone.

Also he said we do not need any money down because they would add all costs into the loan.

2006-08-01 17:37:49 · 7 answers · asked by wzsvvuv 2

I am purchasing a home. I have already checked the appraisal district and on Susy Orman's Fico home search. I was just wondering if there was anywhere on the internet someone might know about that I can't find.

2006-08-01 17:36:06 · 8 answers · asked by Amber T 2

In California, I've given a 30 day notice to move out of my apartment on the 15th. My landlord is requiring me to pay for the full month's rent (1st to the 31th). There is nothing in the lease that says that I have to pay for the entire month. Is my landlord required by law to pay me back for the time that I do not occupy the property?

2006-08-01 17:21:01 · 11 answers · asked by Anonymous

I'll soon be taking my real estate exam and I have a little trepidation about prospecting for new customers. Does anyone have a unique or surprisingly effective way to prospect for new customers? I've just moved to a new city and I know no one here.

2006-08-01 16:42:38 · 6 answers · asked by Bree 2

to be able to afford the mortgage payments? have you ever noticed that? it seems like that happens in every situation, almost. you make too much money for any kind of assistance, but not enough to make ends meet... or is it just me? it's not that i want someone to just hand me a new house, i'm just frustrated because my husband (a paramedic) works hard, and he works a lot of overtime. if he doesn't we can't pay all the bills, but if he stops, then we can get a $5000 grant for a down payment and closing cost for our new house purchase... does that seem right?

2006-08-01 16:16:47 · 4 answers · asked by ditzi_k 5

If I put in my down payment and approxiamately how much of a monthly payment I want, It will tell me what price range of home to look for.

2006-08-01 16:07:58 · 6 answers · asked by YOLANDE M 1

We have only been late 3x and only by 3 days max. There is oil from a car on the drive but the car isn't fixed yet so why fix it now, we'll fix it when the car is fixed. Also he rented us this house with sidding missing on 1/6th of the house and 7/8ths of the gutters missing so the water runs into the basement. Does he have any grounds to evict us? (I already put over $600.00worth of repairs not to mention sweat and time into this house.. wev'e only been here since April, 2006)

2006-08-01 15:45:54 · 10 answers · asked by ? 1

I liive in RI right now, and I've grown up here. I love the ocean.

I am getting my real estate license and RI is a hard market. I love the mountains so I was thinking of moving to NH. But then I got ahold of a real estate magazine from OK and they have ABSOLUTELY beautiful houses dirt cheap, and it looks like a good market to do business in, but I'm not near the water, and the land is flat....
I just want to buy a nice house, but NEED a yard, and I'm not talking about one of those tiny pieces of land with NO trees. I would like a nice yard with lots of trees and privacy, but not like a wilderness.... know what I mean?? I know I am picky, but I cant help it lol... any ideas??

2006-08-01 15:30:19 · 3 answers · asked by Anonymous

I think it's 2 weeks. The landlord said 2 weeks then she said 30 days. She isn't too bright when it comes to the laws and following and understanding rental agreements I found.

2006-08-01 15:22:07 · 11 answers · asked by ADAM D 1

Specific to Hawaii -- How long does it take one to be a residential real estate appraiser? Assume starting from scratch, no expereince. How much time in classes/studying, how long in apprenticeship, etc., and how much does one make to start, and can expect to make years later? What other real estate jobs can this parlay into later on in the future?

2006-08-01 14:25:25 · 3 answers · asked by hikkup 1

I am selling my first house; after it sells I am going to put the money into my current house. I am wondering if it's going to lower my payment or just shorten the length of my loan.

2006-08-01 14:10:58 · 13 answers · asked by bwjordan 4

2006-08-01 12:41:55 · 10 answers · asked by vin 1

that landlords must maintain apartments between certain temperatures? i know there is one for the cold, but what about the heat? where would i find this information?

2006-08-01 12:25:02 · 3 answers · asked by g-dogg 3

2006-08-01 11:40:05 · 1 answers · asked by bigbucksdie 1

my landlord is lets just say not the nicest lanlord please help

2006-08-01 11:38:45 · 2 answers · asked by andy n 1

a whole family of fatties moved in next door and i'm concerned about my home's resale value.

2006-08-01 11:09:31 · 9 answers · asked by Anonymous

In this land contract, buyer wants to tear down existing house and sell property...The seller has an equity loan against this property and wants toknow if the buyer has the right to do this.. Thecontract is for 5 years. they have only paid on the property for 1 year.. Seller stillholds deed and title to the property...Help!

2006-08-01 11:03:28 · 5 answers · asked by mert w 1

2006-08-01 10:57:17 · 11 answers · asked by Anonymous

I have paid my rent for august, and me and my family have to re-locate, my fiancee is moving on the 5th and I would like to follow shortly after...Is it possible, if my rent is paid, I can leave before the end of the month (for example on the 16th of august??) I really dont see why this would be an issue, seeing as the month is paid and the landlord has a possibility of getting extra rent for the month (ie, if someone moves in mid-month, could he not collect a few weeks rent from then as well as my rent, which would essentially profit him??) thanks for the help.

2006-08-01 10:55:27 · 7 answers · asked by Anonymous

Is this number calculated by the 3 bureaus added together and then averaged, the middle number, or is it just dependent on the lender. I have heard several things, but I would like to know what the real deal is in most cases when you have good to excellent credit.

2006-08-01 10:35:32 · 8 answers · asked by Amber T 2

2006-08-01 10:23:36 · 5 answers · asked by Anonymous

2006-08-01 09:13:49 · 5 answers · asked by no name at all 1