answersLogoWhite

Top Answer
User Avatar
Wiki User
Answered
2006-07-04 18:29:54
2006-07-04 18:29:54

It would be best so you can get approve fast.

001
๐Ÿฆƒ
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
๐Ÿ˜‚
0

Related Questions


The benefits of selling a house for cash are a quicker closing time, less paperwork, less restrictions and no one getting in over their head with a mortgage.


By agreement with the seller, yes.


The bank will stop the closing until the situation can be resolved. The closing may not take place if the surviving co-borrower doesn't meet the bank's income and credit requirements.The bank will stop the closing until the situation can be resolved. The closing may not take place if the surviving co-borrower doesn't meet the bank's income and credit requirements.The bank will stop the closing until the situation can be resolved. The closing may not take place if the surviving co-borrower doesn't meet the bank's income and credit requirements.The bank will stop the closing until the situation can be resolved. The closing may not take place if the surviving co-borrower doesn't meet the bank's income and credit requirements.


Sure; the problem in such a case would be getting a mortgage to buy a house, not selling a house.


If there is a mortgage/equity loan involved,that loan will report on your credit history. The lien will report on the title of the house. A title search will be conducted if you are selling or refinancing the house.


A check or money order is usually required for down payment/closing costs.


The first time home buyers credit is available to people who purchased their home from 2008-2010. You could not previously have owned a home in the three years before the closing date on your new house. If you owned a home previously, but sold it before the three year deadline, you are still a candidate.


A landlord can sell a house that is being rented. The landlord is just required to give the tenant notice before showing the house and notice before a closing date


The balance of your home equity line (if it is a lien on the home you are selling) will be deducted from the money you receive at the closing of the sale and paid to the bank holding the note. That clears the loan for you and removes the lien on the house for your buyer.


Not at all buddy. Auto loans have nothing to do with ur house.



If you are surrendering your house anyways, it is usually better for your credit score if you do it through bankruptcy. If your house is foreclosed on before you file bankruptcy, then your credit score is hit by both the foreclosure and the bankruptcy. If you let your house go back through bankruptcy, instead, then your credit score is only hit by a bankruptcy.


You add the closing costs to your basis.


As long as you enter into a contract to buy your home on or before April 30, 2010, and then close the sale by June 30, 2010, you may claim the Homebuyer Tax Credit on either your 2010 tax return or an amended 2009 tax return.


The policy is 'in force' for the policy period as long as you still own the house.


There are several companies where you can credit score advice before applying for financing when looking into housing. One website that provides credit score advice is: http://www.bills.com/loans/.


The closing potential is the time when the closing is supposed to happen. When purchasing a home, it is hard to determine the exact date in case of something that may go wrong. Many steps need to be taken care of before a house can be finally closed when purchasing it.


If you live in the house for two of the five years before selling, the IRS exempts sale profit of up to 250,000 if you are single or 500,000 if you file jointly from income taxes.


You need either enough cash to pay the selling price or a down payment, a good credit history and a steady job.


Deed is a letter of execution in a house closing. The legal document that informs who owns the property is called title.


It depends on your lending institution, the type of the loan, etc. There are a lot of variables. You need to talk to your loan company about this.


Yes. My husband had credit card debt from before we got married and purchased out house. It turned into a judgment lien and not it's attached to the house we bought together even though the house is in both our names and I had nothing to do with the credit card.


The best way to buy a house with bad credit is to pay off any collections listed on your credit. Make sure you make all payments regularly for an extended period of time. Try to get prequalified before looking.


When you sell your home all liens against the property have to be paid so you will have to pay off the second mortgage at the closing.


It will depend on how good your credit is and what you want your payments to be. If the price of a house is $100,000 and your credit is good and your fico score(this is your credit score) is 660 or higher You will need to put down 5%-10 % or $5,000 - $10,000 plus closeings cost of another 4% or $4,000.00 so if your credit is good you will need to save 9% -15% of the cost of the house you want to buy. Now if you have bad credit, you should clean up your credit before you buy. With bad credit your intrest rate will be high and your house payment will be high.



Copyright ยฉ 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.