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2006-07-29 13:50:40
2006-07-29 13:50:40

It would be a subprime loan, which means it is less than good credit. If you were to purchase the home your interest rate would be much higher than prime credit. It will usually be 2-4 percentage points higher. If your credit score was 750+, your rate may be 6.5% or 7% with something between 550-575, you may get a rate of 9%-12%. At 7% monthly mortgage payment on $100,000 = about $665.30 At 10% monthly mortgage payment on $100,000 = about $877.57. Therefore you could be paying 212.57 more a month for your lower credit score. That would equal $76,417.20 over the life of a 30 year mortgage. Make sure that you raise your credit score as soon as possible and refinance your mortgage as soon as you get a higher credit score. Good luck! Henry


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Leave the home and go to a nearby sturdy shelter, preferably one with a basement or cellar. You should have this place picked out in advance so you can move quickly when the time comes.

What you should do in a tornado if you're in your home is that you must go immediatley to your basement because since basements are underground, it's impossible for a tornado to hit your basement. If you don't have a basement, my friend told me that you should go to a room with no windows.

Installing a steam shower in the basement is not a good idea. The steam shower should be installed in the nbathroom of your home.

You should clean it out, but whether you put exercise equipment in your basement is really a personal choice, I cant tell you what to do in your home.

If you have not basement and no windowless rooms the bathroom is probably your best bet, particularly in a bathtub. If you live in a manufactured home you should abandon the home for a more sturdy structure.

You shold not be in the basement during a hurricane. The main threat in a hurricane is flooding, which would make the basement one of the worst places you can go. If you have not evacuated, you should stay on the first floor of your home and be prepared to move upstairs should water enter your home.

The higher the credit score you have, the better chance of being approved for a home loan. You may still get a home loan on a lower score, but the payments and interest will be higher.

Yes, a person should always try to negotiate a price of a manufactured home. Many times, a person can save thousands just by asking for a discount.

If a borrower defaults on loan payments for a manufactured home in Michigan, the creditor can take the manufactured home. If the manufactured home is real property the repossession and foreclosure is on the manufactured home alone. If the home is being used for residential purposes, the home is repossessed according to personal property laws.

The difference between a double wide and a manufactured home is that the manufactured home is put on a foundation.

form_title= Heating a Basement form_header= Stay warm with a heated basement. What is the square footage of the basement?*= _ [50] Is the basement finished?*= () Yes () No How old is the home?*= _ [50]

form_title= Finished Basement form_header= Add living space to your home with a finished basement. What is the square footage of your basement?*= _ [50] Is your basement insulated?*= () Yes () No What is your budget for a finished basement?*= _ [50]

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Take cover immediately in your basement or in an interior room or closet on the lowest floor.

Where the basement waterproofing products are located in Home Depot, depends on the specific Home Depot store. Workers in Home Depot will gladly point you in the right direction, should you be in need of assistance. Your best bet would be to contact a customer service rep of your local Home Depot. They'd most likely know where the basement waterproofing products are. If they don't then they certainly know someone who does.

Yes. It is a manufactured home by legal definition, and destroying a title does not change that except perhaps for taxing purposes.

First, proof of ownership would be required. The owner should then discuss with the financial institution would what be involved with refinancing the mortgage and whether or not it is possible on the manufactured home.

Finishing the basement in your new home should definitely increase the value ( and possibly equity) in your home. A good starting point for finding a reasonable and reliable contractor would be

The Basement is a home studio where most rappers start out before they get a major deal.

If you have a basement get there imedently, if not get to the center of your home and cover with a mattresse, or get into a bathtub and cover with matresse A.S.A.P

That's exactly what a mobile home is - a manufactured home on a heavy trailer style frame.

A closet away from windows or go to your neighbhors if they have a basement.

Got to a basement or cellar if you have one. If you do not have a basement, go to a room on the lowest floor, preferably an interior room with no windows. A bathroom on the lowest floor may also be good.

Well this depends where you are if you are at your home you should get to your basement. If you were driving down the street and a tornado comes you should find a sturdy building or, if none is available, a ditch.

When you are getting a home they like to see your credit score 620 and above to get preapproved for a loan. But in order to get better rates for loans they usually want to see your score in the range of seven hundred. They may be more forgiving if this is your first home purchase.

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