Renting & Real Estate - September 2007

tryn to sell my home ,i set a price and the people went to the bank to see about getting a home loan to buy my home the man called back and ask if we would come down on the price because his intrest rate was gonna be high due to the fact that i had bought my home from a repo dealer. is this true that they can charge him a higt rate because of where i bough my home?or is this man tryn to get me just to come down on my price....i thought your instrest was due to your credit rating. thank you

2007-09-27 07:35:34 · 10 answers · asked by rose s 1

My financial conditions has change and the computed monthly payments for my loan is no longer affordable for me.

2007-09-27 07:32:03 · 3 answers · asked by Noelle 1

I need someone to help me figure this out. I'm going to college 4 mornings a week right now and I'm working minimum wage ($6.15) at the moment at a Hot Topic but I'm working as a seasonal employee because I thought I was going to be caught up in school more, so I'm switching to full time. My girlfriend and I want to move in together and she's working at a restaurant as well and I have been thinking of all the budgeting to be done.

I was trying to do the numbers myself, but do you think we'd be able to get an apartment of our own? It seemed very likely to me but I think I need the opinion of people who know this stuff better. And yes... we are both young... 18 years old, but we are both the kind of people who are more mature and responsible than everyone we know, we both work hard and we both want to try start a life of our own.

Not trying to be rude but I don't want any negative, you're too young live with your parents for a few more years stuff cuz I've already heard it. = /

2007-09-27 07:19:10 · 18 answers · asked by Anonymous

I made some big mistakes this year. I got a 4 suite apartment, which is in a bad neighborhood, that I probably overpaid for. I also got a house for the person who helped get me financing for the apartment. The agreement was he pays for the house mortgage until he is able to refinance it in 6 months. He couldn't make payments after a few months, and I am stuck with the house too. I want out of both deals so bad, my credit is shot because of late payments, the house is almost 3 months behind, i'm screwed. What's the best way to get rid of everything? Short sale, bankruptcy, what? I don't want to do something where i give them up, then have to pay the difference, i have no money for that! God i'm so young and stupid!!

2007-09-27 06:53:37 · 10 answers · asked by Jason 3

For the most part, they do not do business ethically, nor on any terms which aren't designed to screw the consumer. This is one big reason the housing market is upside down these days. Should laws be made to regulate this problem?

2007-09-27 06:51:57 · 8 answers · asked by Buckwheat 3

abandoned property division ad that appears in thursdays lowell sun

2007-09-27 06:43:08 · 3 answers · asked by Effie 2

I never intended on moving in. Now the house is behind in payments and someone said they might investigate whether or not i lived there. If they determined i never lived there, i'd be in trouble. Does anyone know about this?

2007-09-27 06:43:03 · 12 answers · asked by Jason 3

Our mortgage goes from Fixed to adjustable in March 2008. I have tried in vain to get help/credit is bad due to husbands lay off in 05,working now but still behind on everything.
Please, someone help!!!!!!
Vicki vcl0707@yahoo.com

2007-09-27 06:33:57 · 7 answers · asked by Vicki L 2

What will be the best arrangement?
They have twice more money for downpayment but they are low income and probably will not qualify for large loan.

2007-09-27 06:33:29 · 4 answers · asked by curious 4

2007-09-27 06:28:28 · 5 answers · asked by chicafresa 2

2007-09-27 06:23:52 · 2 answers · asked by Samun99 1

I want to take advantage of this market, however my credit score is awful. Can I still buy?

2007-09-27 06:23:16 · 4 answers · asked by sue s 1

My friend bought a manufactured home. The payments stated were the same, but total amount without interest is different. The seller forged his name on contract. Actually 2 contracts exist and both are forged. Didn't receive all that was stated on contract either, even though wasn't aware that he was suppose to receive other items. Guess they added those to make difference in amount of home. Also added a amount, which I am sure went to loan officer at finance company. Does he have to legally pay for home, since isn't his signature? BIG DIFFERENCE in signatures.

2007-09-27 06:16:27 · 6 answers · asked by P A 1

I took a deposit of 5 per cent on a property i was selling and the person i was selling to could not for some reason obtain a loan to buy and i waited for almost 13 months and eventually he withdrew from the deal and i promised as i did not want to take any money which was not due to me that i will refund his deposit as soon as i have sold the same property as i do not have any other source at the moment but what he did was to threaten me thru some debt collection thugs who have written to me(letter as no tel.no. or address) and given me a ultimatum to pay till the 7th.or face the consequences which will be bad.My question is what should i do as i and my family are all living in fear at the moment ?

2007-09-27 06:05:15 · 15 answers · asked by traderlowcost 1

She is a month behind. Would it be like a new home purchase or simply signing some papers?

2007-09-27 06:00:06 · 9 answers · asked by Randy K 1

Our mortgage was approved based on a fraudulent appraisal. We signed the note believing we had 50 thousand in equity, now we find out that we actually owe more on the home than it is worth. Does anyone know of a lawsuit that has gone in favor of the homeowner in this circumstance? I believe the broker shoud be held responsible, as they are the ones that hired the appraiser, who, by the way, is not allowed to renew his license due to another case of fraud.

2007-09-27 05:53:39 · 11 answers · asked by Dawn H 1

The answer that was given was either misleading, uninformed or confused. The Mortgage Industury, which supports flipping of houses, has changed the law on the Federal level where they can take your home with one missed payment. I do not who this 'expert' is.

I lived through it with National City Bank. I missed one (singular payment. Although their 'Loss Mitigation Dept' try to work with me, the repayment to get back on track was $1,000, next month $4000 and the next $9,000. In the meantime they hired a foreclosure attorney which sent me threatening letters, but years end, the so-called amount to right the loan was $64 thousand dollars.

You see, in West Jordan Utah, house prices skyrocketed from $130K to $350K. National City bought the home back from themselves for $108K. I had short sale offers as high as $122K. Instead I filed bankruptcy to stop the foreclosure on automatic stay. The Fed Bankruptcy Court let the house go in May 2004 to the NCM, profteering.

2007-09-27 05:50:23 · 3 answers · asked by mrmikl 1

i have 5.5 years left on my 7/1 arm. My rate is 6.0%. How will i know when it's a good time to refianance to a 30 year fixed. I should do that before my 7/1 comes due beacuse i believe the rates will ultimately rise higher. Can someone give me advise and their predictions. when should i refienance?

2007-09-27 05:49:12 · 11 answers · asked by kramo 1

I have a 5 year ARM loan on my home that is set to adjust in 2010. I can't seem to get a straight answer from my lender as to what they think the rate will be in 2010. As of this moment, my husband and I can't refinance as the estimated value of our home is a little less than what we owe. I had one company send me some stuff in the mail and one lady told me that ARM loans will adjust to 10%!!!! I always thought that the interest rate for an ARM loan was the same as the prime rate at the time. I also thought there was a cap as to how many times they could adjust in a year. Does anyone know for sure????? Going from 5% (which is what we have now) to 10% just seems a little drastic to me!!!

2007-09-27 05:47:11 · 7 answers · asked by Anonymous

2007-09-27 05:45:04 · 5 answers · asked by bobby r 1

2007-09-27 05:31:32 · 8 answers · asked by Anonymous

I move in a 2 family house 3years ago, i signed a 13 month lease with the first month free. After the 13 months i didnt re-sign a new lease nor have i yet to this date. I just drop my rent off in a drop box. Is my oringal lease valid?

2007-09-27 04:19:51 · 7 answers · asked by bad2_dabone2001 1

on my property and adjoining ones which Wimpeys knew about but didn't tell us - can I hold them liable for not telling us?

2007-09-27 03:15:58 · 5 answers · asked by Nathaniel 1

that the central air and furnace units are past prime (circa 1987) and need to be replced. The sellers agent didn't put oil in for us to test the furnace-maybe they knew the issue?-so we weren't able to operate it but the inspector went on it's age and avg life expectancy and the AC blew a 4% diff so it is shot. Otherwise house was in good shape-roof is good for at least 10 years and she said it is in great shape for it's age (built in 73). Our agent is well, peeved that the other agent didn't fill the tank and that the heat and ac are not in good shape. She said that we need to ask for either credit of the cost of a new heat pump (around $4,000) or tell them to pay all closing costs. She asl found out after checking the sign in log at the house that an inspection was done about a month ago, called that agent and her clients got the same info on the place and pulled the offer. The house dropped 14,000 in price since. What are the odds we can get them to work with us on this?

2007-09-27 03:06:09 · 8 answers · asked by VAgirl 5

I'm looking for an Apartment and I saw this add in Craigslist saying that they have apartment's available and the building information, But they charge a fee of $49.99. Should I trust this people?

2007-09-27 02:59:36 · 5 answers · asked by Preciosa 4

Here in U.K. we have had the worst floods for years, up road from me in gloucester, they got severly hit, 1 of the reasons were, yes good old Goverment cut back on the flood defences, also they insisted houses are to be built on flood plains. So why dont they build houses that can rise or built on stilts of some sort. This in turn will cut insurance claims down, but most importantly people will not loose their precious sentimental things. (before any-one says well dont buy a house on flood plains, some of these house are social housing to.so they have no choice where the council puts them.)

2007-09-27 02:39:20 · 3 answers · asked by cassy 4

How long can my apartment complex wait before sending my account to collections? (Long story short they claim one thing I claim another) Could they send it in a year? Or longer?

2007-09-27 02:38:19 · 6 answers · asked by C.C 2

In a 2 double bedroom house with a couple and a single person sharing, should the rent be split 3 ways or should the single person be paying more cos he/she is getting a big room to him/herself and the couple is basically 2 people for one room? So say the monthly rent is 750, split 3 ways its 250 each, so basically the single is paying 250 a month and the couple 500 a month.

2007-09-27 02:12:28 · 13 answers · asked by Melleigh 1

Ok...Im just a nervous wreak. We are trying to buy a brand new manufactured home, through a USDA loan. We were pre-approved, and I sent in all the proper documentation to the mortgage company. They now tell me that they will send it to underwriting. Ok, she keeps telling me everything looks good, but I am still nervous....we have found the house, locked our price and done everything up to this point....is my odds good that it will go through underwriting. I just dont understand clearly any of this

2007-09-27 01:51:44 · 2 answers · asked by lurky77 2

Is it true that Landlord/ agents can not while i am still renting the property enter without me being physically present? I understand that they have to give 24h notice, but what if I am not around? Can people just walk into my apartment?

2007-09-27 01:47:24 · 10 answers · asked by eve 1