Check out these apartment creating pictures:
0801 | Drake Apartment Developing | 2009 | East Side
Image by Facility Records | MSU Physical Plant
0801 | Drake Apartment Building | 2009 | East Side
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0802 | Howland Apartment Constructing | 2009 | South Side
Image by Facility Records | MSU Physical Plant
0802 | Howland Apartment Developing | 2009 | South Side
If you would like to see much more homes click here…
Question by reychael_rios2001: How can someone who is on disability income , look w/poor 2 no credit credit, diagnosis get a home loan?
Can a person on disability income with poor to no credit,married, combined incomes get a loan big enough to purchase a small family home with enough to pay of other debts
Best answer:
Answer by sundayschild63
If you can find a co signer that has good credit,that trusts you enough to sign for you.
Thats the only way I know of.
Add your own answer in the comments!
Question by garnegus: NEED ADVISE ON FHA HOME LOAN VS PRIVATE LOAN?
HELLO EVERYONE. I SEEN A FORECLOSURE PROPERTY OWNED BY CHASE PREVIOUS BROUGHT 50Ok AND NOW SALING FOR 289k. NOW I HAVE THE CASH, sales CREDIT, capsule INCOME, approved BUT THIS PURCHASE WOULD BE MY SECOND HOME THAT I WANT TO MAKE MY PRIMARY RESIDENT. nOW MY FISRT HOME i LIVE IN , I HAVE PLACE IT ON THE MARKEFT TO SELL. I ONLY HAVE ONE PROBLEM, FHA REQUIRES THAT YOU HAVE 25% EQUITY IN YOUR HOME IN ORDER TO PURCHASE A SECOND HOME OR TO USE IT AS A RENTAL INCOME. I HAVE SOME TO CO SIGN WITH ME, BUT SHE PURCHASE A HOME LIKE ME 4 YEARS AGO AND WE BOTH HAVE NO EQUITY. SOMEONE TOLD ME TO GET A PRIVATE LOAN THEN IN 6 MOS, THEN FINACE IN 6 MONTH. DOES ANY ONE HAVE ANY EXPERIENCE WITH PRIVATE LOAN HOME PURSCHASE. I AM SO REDY TO BUY, BUT I CAN’T DUE TO NO EQUITY AND I DON’T HAVE ENOGH OF MONEY TO GO CONVENTIONAL. . ANY ADVISE?????
Best answer:
Answer by thedude81321
Firstly, you should probably take caps lock off and properly use upper and lower cases, it will get many more people to answer your question.
It sounds like you are not really in a situation to buy a home. If you don’t have enough money to go conventional, you may find that you don’t have enough money to keep paying for the house. A private loan may work, but it also could end up screwing you in the long run. If you don’t have the ability to get a conventional loan, will someone want to refinance you in 6 months? You may end up with that private loan for longer than you think.
My suggestion is to wait on this whole purchase. Unfortunately, you can’t really expect to buy a home and then turn around and sell it in just a few years. This is also a terrible time to sell, and you can’t really count on your house even selling, so if you can’t afford this new one without your house selling, you are into another issue.
Sorry to rain on your parade, but from what you’ve told me, this just doesn’t seem like a smart decision at the moment. Good luck.
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Question by jojo: I’m wanting to buy a 0, pill 000 house. How much should I expect to pay for a down payment and closing costs?
I’m getting an FHA loan which reqires 3.5% down, patient but I’ve never bought a house before so I was wondering how much to expect for closing costs.
Best answer:
Answer by Huntsman
Your estimated closing costs will be around $ 3, ed 155
Sometimes you can get a seller to pay for these costs
I googled: Closing costs calculator to get this info
Your monthly payment will be around $ 500 for a 30 year, not including property taxes and home insurance
Make sure you don’t get scammed into ARM mortgages.
Stick to a fixed rate with no points
Best investment you will ever make:
A book called Home Buying for Dummies
^ not an insult – the best $ 20 you will ever spend in your lifetime.
Get your credit reports (at no cost) at Annual Credit Report.com
If you have credit cad debt, start paying it in full each month for best credit
And get pre-approved for a mortgage if your reports are clear of mistakes
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A couple of nice chateau images I located:
Château de Saint-Elix
Image by Mathieu Thouvenin
Chateau de Saint-Elix-le-chateau, adiposity édifié au XVIIe siècle par le marquis de Montespan.
If you would like to see far more homes click here…
Château de Thoiry
Image by elPadawan
Château de Thoiry, visit this France
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Judge advances suit over botched mortgage modifications
A Yorkville homeowner's lawsuit alleging that her lender botched her efforts to modify her mortgage will be allowed to proceed and seek class-action status, approved a federal court judge ruled this week. The Monday ruling by U.S. District Court Judge Sharon …
More informaiton please visit here…
Gold Coast woman seeks class-action against Wells Fargo over HAMP
A Chicago woman has filed a class-action lawsuit in a federal court in Illinois against Wells Fargo Bank, claiming that the lender misrepresented the requirements of the U.S. government's Home Affordable Modification Program. The lawsuit, filed in U.S …
If you would like more informaiton please visit here…
Federal Home Loan Bank of Dallas Reports Third Quarter Earnings
DALLAS, more about Oct. 30, medicine 2012 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Dallas (Bank) today reported net income of $ 17.8 million for the quarter ended September 30, sales 2012. For the … The Bank's short-term liquidity portfolio (comprised primarily of non …
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Hiking home loan tenor will lower EMI, provide extra cash flow
After reducing the statutory deductions and fixed expenses of housing loan and car, your take home income comes down to Rs.7.2 lakh for the year. … At the same time, you need to evaluate whether you are in a scheme which is performing versus its peers.
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A couple of good apartment building images I located:
Apartment building, more about Tokyo
Image by Lazaro Lazo
For more houses click right here…
Question by Cfvgvgr: Can I take out a home loan for land and a manufactured loan?
By home loan I mean a home loan and not a personal property loan like on a trailer home/manufactured home in a trailer court. I qualified for a home loan and I want to keep it cheap, what is ed so I want to purchase a piece of land and a manufactured home. Wil this work as a home loan if its on private land?
Best answer:
Answer by Linda R
A ‘home loan’ is for only a ‘stick’ built house – NOT a manufactured home.
A lot of financial institutions will NOT loan money unless it is a ‘land package’ deal.
You really need to talk to the financial institution who you are getting the loan through.
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Question by Magnix2k: How long can I pay off my mortgage?
I have 30yrs fixed rate on 5.5% (I know, view I know – I have seen a better rates out there now). I need to know how much extra payments can I pay off my mortgage in 10 to 20 years? I currently have 26.1 years left to go and paying $ 1551/mo. Just tell me in a plain English for us to understand.
Best answer:
Answer by Keren
Google: mortgage extra payment calculator
http://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx
Bankrate is a well trusted site – you can trust the link.
You’ve heard it before: Why don’t you re-finance to a 15 year fixed?
Average rates are at 2.98%
We are currently at historic lows. They may never be seen again.
Just make sure you have equity in your home.
Give your answer to this question below!
Question by Hoping he will bless me with #1: How do you determine if you paid too much for a house?
We recently closed on a new home in Texas. The asking price of the home was $ 143, information pills 990, viagra but as an incentive (per the builder) they decreased the price to $ 137,990. That’s what we purchased the house for. When we went to closing I asked to see a copy of the appraisal report. The appraisal came back at $ 138,000. I understand that I basically paid exactly what the house is worth (minus $ 10), but is that a bad deal?
The deal is done at this point, but based on this scenario does this sound like I didn’t do my homework? The mortgage payment will be $ 1,524 per month on a 15-year FHA loan. It is a fixed rate of 5.5% and we got 100% financing. We even got our earnest money deposit of $ 300 back.
Best answer:
Answer by Drew
15 year fixed rate. you did great.
Add your own answer in the comments!
If you cannot afford the payments, upkeep and maintenance you paid too much (not necessarily more than the house is worth).
A house is worth EXACTLY what someone will pay for it at any given time. You paid $ 137,990 – at that time that is exactly what the house was worth. Appraising houses is not an exact science but an informed guess as to a house’s value.
that’s interesting. the last three houses we have purchased have all had appraisals barely above the offered price. i am not sure if they do it on purpose, or what. i can tell you that the last house we purchased we bought for 152,500, and it appraised for 154,000. we sold it three years later for 184,000.
good luck to you, i’m sure you got a great deal on a wonderful home! enjoy it!!!!
if thats what the house is appraised for then you didn’t pay too much. but you could’ve always negotiated a lower price for the house. but hey a house is a wise and big investment, you did good
I worked for a mortgage lender and a title company for years. It sounds fine to me. It just sounds like the the builder knew he was over the appraised value and had an incentive that was no more than lowering the price to the appraised value. Legally you cannot sell a home over the appraised value, most lenders will not lend on it. It just sounds like he knew that and needed a reason to lower the price.
Appraisers wont admit it but they generally come in right around the asking price. This is because if its too high, the seller will feel they let the home go too cheap, and if its low, the loan will not go through. If you could put a different price on the contract, lets say 144,500 I bet you it would come in 145,000.
Basically they just try to appraise it for the contract price.
This sound like you did just fine to me.
RE Agent,
Remax
Oh yeah, the person who said you cant legally sell a home for more than the appraised value is completely wrong. I do not know where she was a mortgage broker, but she was not taught well.
You can sell a home for any amount someone is willing to pay. We do live in a free market society. Now if you falsely disclose a selling price that is illegal. If a home appraises for 150k, but you want pay 200k because you absolutely love it and have to have it there is no law saying you cant pay that. You just have to put 50k down because the bank will not give you the full amount. It would be illegal if you told the bank you were only paying 150k and the seller held a silent second mortgage.