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Why would a mortgage investor pick somebody with a worse offer who was first over an offer that is better but was submitted only two days later?
Wiki User
∙ 13y ago
Once the seller accepts an offer and signs the form it is usually leagally binding, unless there was a written clause in the contract that states the seller can take better offers at a later date. As a buyer, I wouldn't allow that kind of a clause or stipulation in any contract that I sign.
Wiki User
∙ 13y ago
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How can one get a mortgage with bad credit history?
Although having a good credit history is better when applying for a mortgage it is possible to still get a mortgage with a bad credit history. When getting a mortgage with a bad credit history, one will have to pay a higher interest rate. Show the mortgage lender that you have a good job that will cover your mortgage. If you eliminate all other debt it looks better to the lender and gives one a better chance at getting approved.
What is a high and low mortgage rate?
3% or lower is seen as low and 8% or higher is seen a high. the lower you can get that better and if you can get a fixed mortgage its better then if you get an adjustable.
How will refinancing rates be affected if a spouse with a low credit score is added to the policy?
Let me answer the question this way: the addition of somebody with low credit can't help a mortgage application, and may kill it. A lot depends on the mortgage being applied for (all mortgages have, as a criteria for acceptance, a range of acceptable credit scores) and how low, in fact, the spouse's credit scores are. Talk it over with the professional handling your mortgage. If, for instance, you need to add the spouse for income reasons, you might be better off to get a different sort of mortgage. Good luck.
How is an institutional investor different from an individual investor?
An individual investor is a person, like you or me. In this example, assume we are each a rowboat in the ocean. An institutional investor is a business. It may be a mutual fund company. It may be a company that manages the retirement fund for teachers in your state. In this example, assume the institutional investor is an ocean liner. Now think of the rowboat and the ocean liner. Which makes the bigger wave? Which affects the other? Which can withstand a storm better?
What functions does the BBC mortgage calculator have?
The BBC Mortgage Calculator helps you work out your monthly mortgage and what your payments will be before you even borrow the money. This will better help you know what you can afford.
Which of the following helps explain why google's ipo was successful while 800 com's was not?
The timing of Google's IPO was much better as investor confidence was higher
Where can one go to find reviews on Mortgage Direct?
"A popular choice to find reviews on Mortgage Direct (and several other businesses) is to read reviews submitted on the BBB website. The BBB is also known as the Better Business Bureau, which is an organization that ensures companies are practicing fair business to their customers."
When was You Better Ask Somebody created?
You Better Ask Somebody was created on 1993-06-22.
Is 'call to me somebody' a good grammar in English?
No. "Somebody, call to me" is better.
What is the best type of mortgage for someone in the UK?
The best type of mortgage will depend on the circumstances of the individual. Some will do better with a fixed rate while an adjustable rate will be better for others. A discussion with a mortgage broker or other mortgage professional will determine one's options.
How can one get a mortgage with bad credit history?
Although having a good credit history is better when applying for a mortgage it is possible to still get a mortgage with a bad credit history. When getting a mortgage with a bad credit history, one will have to pay a higher interest rate. Show the mortgage lender that you have a good job that will cover your mortgage. If you eliminate all other debt it looks better to the lender and gives one a better chance at getting approved.
Would it be cheaper to get a loan to pay your mortgage off?
Probably not as the rate is usually a lot better on a mortgage
What is a high and low mortgage rate?
3% or lower is seen as low and 8% or higher is seen a high. the lower you can get that better and if you can get a fixed mortgage its better then if you get an adjustable.
Can you file bankruptcy on a second mortgage and continue to pay on a first mortgage?
Better consult an Attorney in your jurisdiction for the same.
What is the meaning of Kafka's the stoker?
It is better to befriend somebody who is worth knowing than somebody that can benefit you.
Are there financial dangers in buying stocks online?
The major danger of buying stocks online is investor incompetence. A broker can generally get a better return than an untrained investor (though there are exceptions).
How will refinancing rates be affected if a spouse with a low credit score is added to the policy?
Let me answer the question this way: the addition of somebody with low credit can't help a mortgage application, and may kill it. A lot depends on the mortgage being applied for (all mortgages have, as a criteria for acceptance, a range of acceptable credit scores) and how low, in fact, the spouse's credit scores are. Talk it over with the professional handling your mortgage. If, for instance, you need to add the spouse for income reasons, you might be better off to get a different sort of mortgage. Good luck.
