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It will take at least 4 years under current conditions to recover your credit enough to be considered for a new mortgage. That's if you become the perfect credit consumer. Perfect payment history and perfect credit to income balances.
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∙ 13y ago
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How do you get your exgirlfriend off the deed of your house?
She must sign her interest to you by executing a deed voluntarily. The deed should be drafted by an attorney and you will need to buy her interest.
Husband-and-wife buy a house together the wife's name is not put on the deed until the second mortgage but the second mortgage is now paid off do we still share the deed of trust?
If a husband and wife buy a house together and the wife's name is not put on the deed until the second mortgage, yes, the deed is still shared after the second mortgage is paid off.
Can you get a mortgage to buy two houses that are on one deed?
Depending on the bank lender used to secure a mortgage, it is possible to buy two houses that are on one deed. It can depend on whether each house is deeded separately.
Can your mom buy a house for you if you filed bankruptcy?
Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.
What are the negatives and positives of having someone cosign on a home loan if you have less than perfect credit?
the pros are obvious. you get to buy the house whereas you couldn't with poor credit on your own. if they are a percentage owner on the deed they would get those proportional proceeds when the house would sell. ideally you would have them on the mortgage, but not on the deed.
How do you get your exgirlfriend off the deed of your house?
She must sign her interest to you by executing a deed voluntarily. The deed should be drafted by an attorney and you will need to buy her interest.
If you buy a house why would the sellers name still be on the title?
It would mean you didn't actually buy the house. The purchase of a house usually goes with the land beneath it (other than a condo), and this would be described in the deed (the title) that you received at "closing" when you paid for the house. Therefore, if you have the deed naming you as the grantor, then the seller's name is no longer on the title. If you didn't get a deed, then you don't own the house.
Husband-and-wife buy a house together the wife's name is not put on the deed until the second mortgage but the second mortgage is now paid off do we still share the deed of trust?
If a husband and wife buy a house together and the wife's name is not put on the deed until the second mortgage, yes, the deed is still shared after the second mortgage is paid off.
Can you get a mortgage to buy two houses that are on one deed?
Depending on the bank lender used to secure a mortgage, it is possible to buy two houses that are on one deed. It can depend on whether each house is deeded separately.
Where in Johnstown Pennsylvania can you get your ex-husband's name off your house deed?
You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.You can't get someone's name off a deed. He needs to execute a deed voluntarily that transfers his interest in the property to you. You will likely need to buy him out.
What are the consequences of putting your girlfriend on the deed?
If the relationship ends then you will either have to sell the house and split any profit or buy her out of the mortgage.
When can you buy a home after a short sale or foreclosure?
Here are the rules:How long will a former homeowner who sold through a short sale or foreclosure have to wait before they can buy another home?Here are the rules….Waiting Period Requirements to Buy a Home Again.The waiting periods in order to qualify for a home loan after a foreclosure, deed-in-lieu, short sale and bankruptcy varies both by the government agency purchasing or insuring the loan as well as the dollar amount of the loan.Federal Housing Administration (FHA)1) Foreclosure is 3 years2) Deed-in Lieu is 3 years3) Short Sale is 3 years4) Bankruptcy is 2 yearsVeterans Administration (VA)1) Foreclosure is 2 years2) Deed-in Lieu is 2 years3) Short Sale is 2 years4) Bankruptcy is 2 yearsConventional Conforming (FNMA/FHLMC)1) Foreclosure is 7 years2) Deed-in-Lieu is 4 years < 80% LTV and 5 years > 80% LTV for primary residences. 7 years for second homes and investment properties regardless of LTV.3) Short Sales is 2 years < 80% LTV and 5 years > 80% LTV and 7 years > 90% LTV4) Bankruptcy is 4 yearsConventional Non-Conforming (JUMBO)1) Foreclosure is 7 years2) Deed-in-Lieu is 7 years3) Short Sale is 7 years4) Bankruptcy is 7 years
Can your mom buy a house for you if you filed bankruptcy?
Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.Yes. But the deed and mortgage would have to be in her name. It would not be your property.
How do you buy a trust deed sale home?
U must have to know background of the properties that u r want to buy. It could be good if you contact the city before buy the Home. Otherwise, they will help u to get real Owner of Home. Ask them does they abale to give you Deed paper that you can fill up buy the Owner of the House.
1 of 3 joint tenants with rights of survivorship is living with fiance in his rented house she does not want the other 2 to buy out her share from other house Fiance refuse to sign quitclaim deed?
You need to reword your question. Do three people own the house as joint tenants or is it the fiance's house? You said the other two want to buy out the woman's share and then you said her fiance refused to sign the deed. What exactly are you trying to say? Use names to describe the situation.
What are the negatives and positives of having someone cosign on a home loan if you have less than perfect credit?
the pros are obvious. you get to buy the house whereas you couldn't with poor credit on your own. if they are a percentage owner on the deed they would get those proportional proceeds when the house would sell. ideally you would have them on the mortgage, but not on the deed.
If i have not purchase a home in the last five years but my name was added with a quit claim deed on my brothers house am i consider a first time buyer if i buy a house?
No. Not if you purchased a home five years ago.
