Renting & Real Estate - September 2006

WHEN YOU GO THROUGH THE FIRST TIME HOME MORTAGE, HOW DO THEY GIVE YOU THE LOAN? FOR EXAMPLE I AM APPROVED FOR A FIRST TIME HOME BUYER LOAN, I TELL THEM WHAT I WANT MY LOAN AMOUNT TO BE, FOR EXAMPLE I WANT 180,000 AND I FIND A HOUSE AT 169,900. ANYWAY WHERE WOULD THEY SEND THE MONEY TO? THANKS

2006-09-14 01:01:51 · 14 answers · asked by Anonymous

What is fuelling the rise? Abstract thinkers only, otherwise move on!

2006-09-13 23:44:49 · 19 answers · asked by Zee99 3

2006-09-13 22:03:05 · 11 answers · asked by JOHN T 1

2006-09-13 19:56:54 · 10 answers · asked by carpool880 1

I will only make a profit of about 100k. Ill be paying about 25k to the realtor and buyers agent plus 15k for the prepayment penalty. I really need advice. How can I get the most profit in my situation?

2006-09-13 19:18:45 · 15 answers · asked by muuuua 2

This will be my first time buying a house and I found an affordable house that my girlfriend and I really like but I'm not sure if it is a safe buy. It states that: This property is corporate owned and sold in current condition. No repairs, warranties, disclosures or inspections provided by the seller. Your proof of funds or a prequalification letter must accompany all offers. A special addendum will be made a part of the final contract. Seller reserves the right to negotiate offers in any order regardless of date/time submitted. What does this mean? And would a loan be accepted?

2006-09-13 18:56:20 · 10 answers · asked by shill13 1

I wanted to look at neighborhoos in and around San Jose to either buy or rent a house. I am a married professional looking for a safe neighborhood with older houses and walkable streets with trees. Anyone have any suggestions?

2006-09-13 18:47:05 · 5 answers · asked by SFDHSBudget 3

We bought a home 3 years ago and are trying to make changes to add appraisal value to our home. We have a inground pool, 4 acres, Nice house.

When we moved in there wasn't much landscaping that had been done, so we added 30 6 foot trees. At a point right now where we would like to use our money and time wisely. Need to know the best thing to increase the property value. We have 3 baths 4 bedrooms, all new appliances, unfinished basement.

Please help!

2006-09-13 17:40:42 · 14 answers · asked by Bob M 1

What if your house was listed with a Realtor will that cause a conflict? Or if your house was listed with a selling agent a buyer agent bought over an "investor" from a "We Buy Houses" company will there be any differences then it was just between two individuals?

2006-09-13 16:43:59 · 4 answers · asked by plasma71104 4

2006-09-13 16:31:02 · 5 answers · asked by Mike J 1

2006-09-13 16:23:01 · 9 answers · asked by lat002 1

I WAS WOUNDERING BECAUSE I WANT A BIGGER LOAN MORE THAN THE HOUSE WILL BE WORTH. SO DO THE MORGAGE COMPANY PUT THE MONEY IN YOUR BANK ACCOUNT?

2006-09-13 16:05:48 · 8 answers · asked by Anonymous

I hear that there are programs that offer financing for home buying with no credit check. I also hear that you can get business credit without using personal credit.

2006-09-13 15:57:48 · 2 answers · asked by Herbert J 1

We don't have a dog sadly she passed away and soon will be signing up for a new house to rent we at the moment we don't have any pets when it say's no pets would this also include no fish or birds as well. I was thinking when the dog died that I was going to buy my son a fish to teach him looking after an animal I also thought it would be fun for him as well. But then this house sold and we had to move to a new house and it say's no pets fish are pets as well but they don't pee and they don't bark or mess up the house like some cats or dogs would. What do you think about this rule. We will still want the house but how far is to far when saying no pets going.

2006-09-13 15:29:26 · 16 answers · asked by Mrs Magoo 4

I didn't realize that my 2nd mortgage was not included in the Chpt 13 Bankruptcy filed 3 yrs ago. It was a stupid mistake on my part and I am going through a horrible situation because of it now. I haven't heard from the mortage company since before the bankruptcy, 3 yrs ago, and had no reason not to think the loan ws not included, until out of the blue, I receive a phone call last week, demanding the balance in full. Imagine my surprise! I made a terrible mistake! I would have never let this happend had I realized. Anyway...regardless of that, I am left with a loan, with a major delinquency. It is in default and considered a delinquent mortgage. The loan is 35,000 , originally 27,500. and growing by the minute! I don't know what to do! I don't have the money anywhere, we are trying to rebuild credit, there are no alternatives for me that I can see. Can someone help me? Im so confused and absolutely scared to death. My 1st mortgage is in perfect standing. I welcome all comments!

2006-09-13 14:26:37 · 7 answers · asked by USCFAN 1

how do I become one? or atleast learn enough to get good at estimating cost to fix houses. Im currently reading "buy it, fix it sell it" n love the book

2006-09-13 13:57:01 · 5 answers · asked by llllllllllllllllll 3

2006-09-13 13:45:02 · 1 answers · asked by Anonymous

Is it possible to obtain (90 % Ltv on a rural property on drilled well & septic within 40 minutes of Toronto ? Beacons of aprox. 550 & 600 - if this is possible please provide your contact info.etc.
Thank you

2006-09-13 13:30:09 · 3 answers · asked by nature4me 3

I live in Ontario Canada, I moved out of my previous apartment but did not give the 60 days notice, I gave in my notice on the 9th of the month not the first. Anyway I moved out and now they are taking me to small claims court for the last month I was there. They used my last months rent for the month after I left. I do not believe I should pay for a month when I was not there when they had my last months rent. Should I bother to fight them in court or just make a payment arrangement?

2006-09-13 12:14:44 · 12 answers · asked by oh dear 1

I got a 2 year fixed loan almost two years ago on my mortgage with money out to clean up credit so I could get a better rate but the rates have rose even higher. Should I lock in now or wait 5 months I have left to see what happens?

2006-09-13 12:13:55 · 5 answers · asked by mamagirl65 2

i just moved to Michigan, and i finally got back in school and started a new job... so for about 2 weeks everything has went fine... until last night when my roommate came to me and told me she didnt' think i was making enough money, just in case something were to happen....
i live in the ypsilanti area, i work about 35-40 hours a week, and go to school most of the mornings, and work all of the weekend... there may be an occassional friend to stop by...
i dont' drink (at all for now), i don't smoke, i have no children, or pets,
HELP!!!

2006-09-13 11:54:17 · 9 answers · asked by Anonymous

I have contacted one buyer agent and she is pushing me so much to buy something quickly. I am not sure why I should look for additional nuisance here.

2006-09-13 11:33:35 · 11 answers · asked by tan73h 2

2006-09-13 11:19:16 · 5 answers · asked by Elizabeth C 1

i need to know some websites i can go to, to find home inspection companies in columbus ohio.

2006-09-13 11:05:43 · 7 answers · asked by baby girl 2

No real estate company was involved. No mortage company was involved. We just signed a contract to buy and had it notarized. So, even though we are still making payments can we rent it out as long as the payment to the seller is made?

2006-09-13 10:58:31 · 6 answers · asked by simolianturtle2 3

2006-09-13 10:58:09 · 4 answers · asked by Jamie D 1

Hi,

Question: My brother spent some time in prison for growing pot. 8.5 years to be exact. Before he was incarcerated he "Quit Deeded" his home over to our sister. That was about 12 years ago. My brother has been out for about 4 or 5 years now and she won't give him back his house. She lived there for 8.5 years rent free. He has been maintaining the taxes...

My sister has a gambling problem and has taken out a large mortage on the home. Can she do that without his permission?? When he went to jail there was a 5,000.00 mortage left on the house and now I think there is about 80,000.00 she gambled away.

How can he get his home back....The home is located in MN.

My brother is a great guy and made a mistake, but this is not fair. He is 54 and wants to build a new house on his property and can't because of this problem..

Thanks for any help...

Steve in MI.

2006-09-13 10:43:50 · 4 answers · asked by Steve S 1

2006-09-13 10:17:44 · 5 answers · asked by danitaandandrew 2

We live in Hattiesburg, MS and found a house that has been sitting empty for 2 years and has been badly vandalized. We found the owner in FL but his phone is disconnected. We really want to buy this house but in order to do that, we need to find the owner. We also know the name of the mortgage co. but they will not tell us anything.

2006-09-13 10:04:28 · 6 answers · asked by merewa72 1

I was going to purchase a home from a well known builder and I was going through their preffered lender but I wasn't approved. Now before all the lending process went through I placed a deposit to hold the home and it was going to go towards closing costs. But the builder is saying that they cannot give any portion of my deposit back, because of the time. It's been only 2 months.

2006-09-13 09:59:33 · 5 answers · asked by Cesar F 1