Posts Tagged ‘Real’
Is it possible to obtain a REAL reduction in ALL debt, or a REAL personal consolidation loan?
04
Jun
Is it really possible to reduce ALL debt? Or to obtain a REAL personal consolidation LOAN without having a large amount of home equity?
I am already in a Debt Management Program, that does not leave me enough money to even put gas in my car or food on the table. I am still searching for another full-time job in addition to the 8-10 hours a day I already work.
where can I find refinancing for my home that has huge equity but i have real bad credit due to a illness?
29
May
I owe 186,000 and the home will appraise for around 500000. My credit score is low
Want to do business proposal with uncle using his Home Equity Line of Credit to Buy Real Estate?
18
May
I have a property management company and would like to use my uncle’s Line of Credit to buy Real Estate then propose splitting the profits when the property is sold 50-50 split of the equity. What is best way to set and and report from an accounting standpoint?
Real estate and economy uncertainty: Sell and rent?
17
May
Yesterday’s Wall Street Journal had an article about Fannie May and Freddie Mac experiencing vulnerability due to the mortgage/housing market. The article quoted an analyst as saying, “We are seeing unprecedented foreclosures and declines in home prices not seen since the Great Depression.”
For those who are blessed with great equity in their homes and the ability to pay their mortgages, should they be selling their homes? Do very prominent real estate experts expect a major depression that would affect not only the housing market as well as jobs? If so, it seems the only way to somewhat insulate oneself from a housing disaster would be to own your home outright, have virtually no equity (thereby no financial loss), or sell and rent.
What about those of us who don’t have subprime loans, can pay our mortgages (in a relative stable economy) and don’t want to sell? What are some of the well-known financial advisers like Suze Orman and others like “Wall Street” saying?
how exactly do I use a home equity line of credit to invest in real estate?
04
May
I have heard that taking the equity out of my houses to invest in real estate is a great option. what exactly are the inner working of this? Won’t i be having two mortgages that have to be paid from rental income? any advice and resources or links would be appreciated.
real estate?
28
Apr
My husband and I are over fifty and have decided to purchase our first home. My question is this…. We will both be retiring with in the next 15 years and wish to purchase something that will not make us “morgage poor”. There are some in a nice neighborhood that are at the peak of their asking price. If we more there our morgage will be lower but I don’t see getting anything more for the property and there is work to be done to these homes to modernize them. On the other hand I have another home that is modern beautiful and “everything” I want in a house. It needs nothing to prepare it for my comfort. It is higher in price however being sold 50 thousand less that wat the owner purchaned it for. (instant equity). Buyer is desprate and simply wants to get from under two morgages. My husband and I can pay it (we qualify for much more than this asking price) But I am wondering what will be the smarter choice.
u in real estate? what are rates on fannie mae home loans thru HomePath?
25
Apr
homepath.com implies their rates or 0.25% to 5% higher than a conventional loan.
FHA loans are 4.25%
do home path loan work like credit cards rates? (credit cards can be prime + “x”%)
So, Home Path rates are “average rates” + (.25% to 5%)
on the 23rd, the HomePath officer quoted me:
6.375% with 3% down
5.875% with 5% down
Should I apply for my home loan before I find a real estate agent?
19
Apr
I am a first time home buyer and dont know the first thing about buying a home. I’m hoping to have a house purchased before the end of the tax credit period which I do believe is December 1st of this year. Should I go ahead and apply for the loan [which will be an FHA loan] or should I find a real estate agent first? Also, where would I go to apply for an FHA loan? Can I apply online? and how long does it take to get pre-approved?
I am being sued in a civil lawsuit, partition action on a piece of real estate that I own with?
07
Apr
two other people. One of them has a home equity loan on the property that I also signed off on. She has all the money from the loan and is now suing me to sell the home. She is angry with me over personal matters and is influencing the other party in my opinion. She has all the money and is now claiming I have not disclosed a proper defense and asking for a default. What defense should I state and how do I do it? Help, she increased my equity upon signing the morgage on a side letter to get me to sign off on morgage, what can I do? She claims the property has to pay the loan back, but she keeps all the money, how fair is that? What can I do?
Are subprime loans the real culprit in the real estate market?
05
Apr
Subprime loans are getting all the blame right now, but it seems to me that the core problems in real estate are the prices. All of the “flipping” of the last several years created artificial demand in the market place resulting in super inflated prices. The market is beginning to correct with a “real” demand that will in turn force home prices down to levels that reflect true market value. Once home prices correct to levels that are more in line with incomes we will see a stabilization in the real estate market. My next question, where’s the bottom?
As a real estate broker Can i get FHA Loan 100 % financing, which is for first time home buyer ?
21
Mar
As a real estate broker Can i get FHA Loan 100 % financing, which is for first time home buyer ?
I want a home loan for 100% financing. maybe first time homebuyer programs. But my real question is?
13
Mar
what minimum credit score do I need to be approved for a loan????
Home loan interest rates should be high enough to prevent a real estate bubble?
13
Mar
Supply and demand. Low interest rates mean the price of houses is bid up – new entrants to the market in their 20s cant get in.