answersLogoWhite
Loans
Mortgages
Money Management

Can you re-mortgage your home while it is on the housing market?

424344

Top Answer

User Avatar
Wiki User
2007-02-06 23:57:19
2007-02-06 23:57:19

Typically not, one of the processes of underwriting is to check the mls (multiple listing service) to make sure a home is not for sale or has been for sale in the last 6 months.

1

Related Questions

User Avatar

It reflects the confidence of the home-building profession in the long-term market

User Avatar

I think home prices and mortgage rates will rise slowly.

User Avatar

The primary functions of the federal housing association are to stabilize the mortgage market, provide adequate home financing, and improve housing standards.

User Avatar

Hi In The UK the only time restriction is you cannot remortgage a property within 6 months of purachase or mortgaging it. If you are simply just taking it off the market from sale then the property is yours so there should be no issue.

User Avatar

Boat homes are a cheaper alternative to owning your own home. They have been affected little through the housing market crash. They do involve cheaper living options and less care taking then an actual home on land.

User Avatar

Remortgaging a home can lower a monthly house payment. With today's lower interest rates one can save hundreds monthly on a mortgage. Shortening the mortgage term is another reason to remortgage. With lower interest rates one can keep the same mortgage payment, but the length of mortgage is shortened. While the monthly payment may remain the same, the overall term of the loan is decreased.

User Avatar

with the housing market in shambles - your best bet would be from family

User Avatar

Thailand Housing market is one of the most popular real estate search portal in Thailand.

User Avatar

The Boston Market is actually a chain of fast food restaurants. It is well known for it's roasted chicken. In order to find out how the housing market in the Boston area is conductive to buying a home, checking with a local real estate agent would be a start to see what houses are being sold on the market for.

User Avatar

Ever since the housing market began its steep decline in the mid 2000s, many people have been hesitant to try and buy a home out of fear that the declines will continue.� Now that housing prices appear to have stabilized a bit, and mortgage rates are extremely low, now may be the best time ever to enter the housing market and buy a new home.� While buying a new home today could be a great idea, there are several tips you should follow to ensure that you get the best deal possible when taking advantage of today's housing market. � When looking for a new home in the current housing market, you should try to shop around as much as possible.� Home buyers today have a historically large inventory of homes to choose from.� Also, since so few homes are being sold each month, there is very little risk that the home that you are interested in will be taken off of the market.� Because of this, you should take your time to ensure that you look at many different homes, which should ensure that you find the best possible home to meet your needs and budget.� � Prior to beginning your search for a new home, you should ensure that you hire a good realtor.� When choosing a realtor, be sure to look for one that has several years of success and experience buying and selling homes in your current marketplace.� Your realtor should be able to provide you with a list of available homes for sale based on your specifications in a new home as well as your personal budget.� Furthermore, a realtor should be able to use their market knowledge to determine whether each home you are visiting is being listed for an appropriate price. � To ensure that you get the best deal that you possibly can in today's housing market, you should also negotiate with the seller of the home.� In today's market, many home sellers are desperate to sell their homes and are willing to provide concessions to a home buyer.� Typical concessions can include a significant discount on the purchase price, credits at closing to cover closing costs, or an agreement to provide a short-term warranty on all of the home's equipment.� �

User Avatar

It's from the Mother Goose nursery rhyme, "To market, to market" or "To market, to market, to buy a fat pig" or "To market, to buy a fat pig"."To market, to market, to buy a fat pig,Home again, home again, jiggety-jig.To market, to market, to buy a fat hog,Home again, home again, jiggety-jog.To market, to market, to buy a plum bun,Home again, home again, market is done."

User Avatar

The average home mortgage rate in California is 3.5%. This number may go up or down depending on the state of the economy and the housing market in California.

User Avatar

When soldiers returned home and started families, housing demand ballooned even further. The number of U.S. births leapt from less than 3 million in 1945 to about 3.75 million in 1947.

User Avatar

Either you are talking about getting a voucher while you are already renting, or you are talking about getting a voucher while you are on public housing. In the case of the former, if you are already renting a home, and you want your landlord to be able to accept that voucher, yes, that is possible. If the house is suitable for your particular household, and the property meets housing quality standards, then you can use your voucher for your landlord to receive housing assistance payments on your behalf. In the case of the latter, this means that you could find a home that is privately owned by a landlord who is willing to accept that voucher for housing assistance payments on your behalf, and move out of the public housing unit.

User Avatar

It's a Mother Goose nursery rhyme:: To market, to market, to buy a fat pig, : Home again, home again, jiggety-jig. : To market, to market, to buy a fat hog, : Home again, home again, jiggety-jog. : To market, to market, to buy a plum bun, : Home again, home again, market is done.

User Avatar

According to the RPX Monthly Housing Market Report for January 2008, the average price per square foot of home in Atlanta, GA is $91.41. http://www.docstoc.com/docs/711415/RPX-Monthly-Housing-Market-Report-for-January-2008

User Avatar

Again, there is no such thing as turning your home into a section 8 home. It is the landlord who must be willing to accept section 8 vouchers, who will receive housing assistance payments on behalf of the assisted tenant. The rental home must meet federal housing quality standards, which are typically the same as your local building codes. The rent must be reasonable and within fair market rental value. And the landlord must agree to abide by the rules and conditions of the voucher.

User Avatar

The only safe way that I have found to remortgage your home is by going to your local small bank. The bigger banks seemed to have a real big mess of our whole economy and if you run into trouble at least they are in your neighborhood to help you out. Your neighborhood banks usually have been in business for several years and you probably know someone that can vouch for them. This is about the safest way that I know how to do this.

User Avatar

With the current housing market yes there are many options for renting a home. Depending on what area of the country you live in, you may be able to find websites that list available properties for rent.

User Avatar

You must be charging a fair market value for the rental. However, there is no specific process for making a home available to rent for HUD tenants.

User Avatar

The difference between Senior housing and a nursing home is Senior housing everyone has their own house but in a nursing home it is more of a hospital type building. Senior Housing is usually the preference for most individuals but usually is a bit more expensive.

User Avatar

Advistor Mortgage Group offers a full range of mortgage services. This includes remortgaging one's existing home, as well as obtaining a first mortgage.

User Avatar

There are many home media theaters on the market. The best home theaters on the market are from Toshiba and Sony. You can buy these in stores and online.

User Avatar

Its possible if you advertise it right, and depending on the area your located. May not be possible with the way the housing market is right now.

User Avatar

The cycle is a way people use before buying a home or renting one.the cycle is something that people are use to using to help them out in buying or renting.


Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.