If your credit score above 500 , and have been employed for at least 1 to 2 years, you might be able to get a loan through your bank or credit union to buy out the mortgage from the current lender. If you have not ask the current lender how you can assume the loan, try asking them and explained them about your situation and see what you can do.
Did your deceased uncle leave a will? He may have left some instruction as to who inherits his stake in the house. If he didn't, then yes, his wife will inherit his stake in the house, despite the fact that you have made the payments for the past four years (although you can ask her to make her share of the payments).
It CAN have a positive effect, but it also depends on the rest of your credit report. Leaving a small balance is advice often given to people who are looking to establish credit: borrow money, pay most of it, but show that you can make payments responsibly by making payments on a small balance.
I don't think your score will tank, utilization should be around 35% of your credit limit anyway.
Not only would she leave the loan in her name but she would also have to leave the title in her name and this would cause a huge problem in the event that you were involved in an accident.She would be liable!Also,this is a sure way to end a friendship.
When you decide to leave the house you are living in and purchase your very own home, you will need a home loan in order to either buy or build. Home loans can be tricky to get. You need credit, but some places don�t necessarily require you to have perfect credit. You can apply for government assistance programs that give you a home loan, and the payments are not as high as those offered through a bank.
If you leave the house. If you dont leave the house
Check processing is a convenient online service for those who would like to make payments by check over the internet. It is great for those who do not own a credit or debit card and the customer never has to leave their home.
If you own the house you ask her nicely to leave. If she owns the house you don't. You leave.
In mythology there is a creature called a brownie, these creatures enjoy doing house hold tasks for small rewards such as honey but if these rewards are descirbed as being payments then the brownie will leave the house to find another residence. They make their homes in unused areas of a house. It is likely the brownie was the inspiration for J.K. Rowlings house elves.
You didn't leave your aunt's house.
Leave the house
Mostly landscapes. Although if he could not leave the house to paint he would paint objects (such as The Sunflowers) or self portraits.