2007-06-07 10:55:45 · 12 answers · asked by stevenzepke 1 in Food & Drink ➔ Cooking & Recipes
100%fixed mortgage 6.2 % no scam
2007-06-07 11:02:47 · update #1
Some people have good credit some dont! Thats all that matters, and anyone who says different is lying!
2007-06-07 10:58:58 · answer #1 · answered by bill t 2 · 1⤊ 0⤋
Buying a house isn't hard.. It's paying for the insurance and taxes in a hurricane state is what makes it hard! I welcome you to try to get a policy here in Florida. Can't get a mortgage without insurance. I am one of the smart ones who didn't buy when prices were high. All those people were buying high and getting interest only loans. Now that it's time for that higher mortgage payment, people are losing their houses because they thought they could handle it, but can't. So for me, renting is cheaper because my 'payment' is cheaper, I don't pay property taxes and I don't have homeowners insurance, just renters insurance. And when I go to buy the house I'm living in, the price will be where it should, not some over inflated price.
2007-06-07 20:19:30 · answer #2 · answered by 2Beagles 6 · 0⤊ 0⤋
Okay- several layers to this onion:
Marketplace- if you live in California, you are paying about $500,000 for the same house in Kentucky.
Credit Rating- First time buyers have a great opportunity to buy cheaply. Poor credit makes this more difficult.
Income- If you can afford the payment, the taxes, the upkeep (city ordinaces or home owners association), and save money for that day when your roof fails and costs you $4k.
Those three factors are the reason why it is hard to buy a home.
2007-06-07 18:00:57 · answer #3 · answered by The Bagman 2 · 1⤊ 0⤋
Did the word "pie" cause you to place this answer in the cooking/recipes section?
Obviously you don't have to be too smart to buy a house. Finding a great location, for a great price, with a great mortgage rate, when you want it, and what you want can be difficult.
2007-06-07 18:06:22 · answer #4 · answered by greenmom 1 · 2⤊ 0⤋
You can buy a house with a very low down payment sometimes, but you forget to say how fast foreclosure procedures can take place for the unability to pay mortgage notes.
2007-06-07 18:00:19 · answer #5 · answered by WC 7 · 1⤊ 0⤋
Anyone can go out and get a mortgage if you go to one of the scammers. Those guys don't check anything as long as you are willing to sign the papers without reading them.
2007-06-07 17:58:24 · answer #6 · answered by A.Mercer 7 · 0⤊ 0⤋
just cause it was easy for YOU doesn't mean it's easy for EVERYONE. ever consider that everyone has different circumstances, credit ratings, income, etc ... how is your situation the same as someone else's?
it's easy if you have ideal circumstances. you're not special. you're just not the rest of the world. there are a few of us who don't have trouble getting a mortgage, or several ... so what?
2007-06-07 18:04:57 · answer #7 · answered by mrs sexy pants 6 · 1⤊ 0⤋
It's "hard" because it is, to many people, a big step to take in life, especially first time buyers. Congratulations on your purchase!
2007-06-07 18:05:16 · answer #8 · answered by Harvest 3 · 0⤊ 0⤋
because some people like me have decided to be stay at home parents and it not that easy for one person who does work to do it all. but congradulations to you and your house.
2007-06-07 18:03:27 · answer #9 · answered by AMBER 3 · 2⤊ 0⤋
You probably got ripped off or maybe your rich so you don't care and just pay it off right away.
2007-06-07 17:58:21 · answer #10 · answered by Anonymous · 0⤊ 0⤋