I have a friend who owned a home three years ago but sold it because she went into foreclosure. Before she went into foreclosure she filed for bankruptcy protection. After selling the home, she paid off the bankruptcy and rented an apartment. She is now in sales making a lot of money. She has enough money to put 20% down on a 600,000 home. Will she have a problem getting a loan?
Posted in Homes For Sale
Tagged APARTMENT, bankruptcy, Foreclosure, friend, Home, loan, lot, money, mortgage, protection
I’m looking to buy my first house, and I want to seem reasonably intelligent before I sit down with a mortgage broker. If I am interested in purchasing a home in need of a few, minor repairs, can the cost of repairs be included in the home loan? Or, say: for aesthtic purposes, the lawn needs to be sodded…let’s say…to prevent erosion, etcetera. Can that be included in the loan? Or, do both of those instances fall under the category of home equity loans? Ahhh – here’s an additional question: Just for curiosity’s sake, how long must you own a home before you qualify for a home equity loan?
Posted in Mortgage Tips
Tagged broker, cost, curiosity, equity, erosion, first house, Home, home equity loan, home equity loans, home loan, house, initial repair, instances, Lawn, loan, mortgage, mortgage broker, need, repair, sake
Does anyone know of a loan for low income persons for home improvements in the state of Georgia?
Posted in Home Improvement
Tagged anyone, Georgia, Home, home improvements, Income, income persons, loan, State, state of georgia
What is the difference between an equity loan and a 2nd mortgage? Do they both have closing costs?
Posted in Mortgage Tips
Tagged closing, closing costs, difference, equity, equity loan, loan, mortgage
Another thing: this land is covered with broken down trailers and old R.V. and I need someone with truck to remove the squatters with their trash out of there.
The land is for sale and is located 70 miles east of San Diego.
How do I proceed to clean my land from all that trash.?
Posted in Land For Sale
Tagged Land, loan, loan institutions, money, R.V, someone, south california, squatters, Thing, trailers, trash, truck