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If you are selling your house but you have credit card liens do they just take that out on closing or do you have to pay those off before you sell?
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∙ 17y ago
It would be best so you can get approve fast.
Wiki User
∙ 17y ago
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Can you move in a house before closing?
By agreement with the seller, yes.
What happens if a cosigner dies before the closing of a house?
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.
Can you sell your house with judgments on your credit report?
Sure; the problem in such a case would be getting a mortgage to buy a house, not selling a house.
Is your credit history affected by a lien that is put on 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.
Can you use a credit card if you are buying a house?
A check or money order is usually required for down payment/closing costs.
How should I prepare my house before selling it?
by cleaning it up
How does someone qualify for the home buyers credit?
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.
When selling your house does the balance of the home equity line have to be included in the price?
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.
Before the closing of a house can the builder deny the buyer to the house if he is willing to pay back the entire cost?
Only if Buyer and Seller (Builder) agree.
Do you have to pay off auto loans before selling your house?
Not at all buddy. Auto loans have nothing to do with ur house.
Can you move in a new house before closing?
Moving into a new house before closing is generally discouraged due to legal and financial risks. Until the closing process is complete, the sale is not final, so it is safer to wait to move in until all paperwork is signed, and the ownership of the property has officially transferred to you.
Should you wait to close on your house before you file your 2009 tax return or can you amend the 2009 return after closing to get the first time homebuyer credit?
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.
