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Buying a new home is not as difficult as some people may think. There are many lenders in existence that are very anxious in doing business with individuals who have an acceptable credit score. It is important for consumers to make sure that they have good credit before applying for a home loan. Home lenders are quick to turn down individuals with a poor credit history.
Settling old debts with creditors is one easy way to improve your credit score. Creditors are more than happy to settle old accounts under reasonable terms. This simple method can increase your chances of becoming a viable candidate for a home mortgage.
What else can I help you with?
Do I have to sell your deceased mothers home to pay medical bills?
You have to settle the estate. And that means paying off all the debts before distributing any of the assets. That does mean that the home may have to be sold to pay off the debts.
If cosigning for your mother can impact you negatively when buying your own home how can you help her?
Pay off all her debts yourself if you can.
What if the home is paid off and only 5000 in debt do you have to sell the property for probate?
If there is $5000 in other assets, no. But if the only assets are the home, yes, it will have to be sold to settle the debts.
Can heirs contest the sale of the home by the executor?
They may be able to contest the sale. However, the executor has the responsibility to settle all debts. The home may have to be sold to pay off the debtors.
Can a debt collector take your home for debts that your mom owe?
Not unless you co-signed for the debts. Or the home was part of your mother's estate. Debts are one of the primary reasons someone should open an estate. If the estate cannot do so, they distribute as best they can. If the court approves the distribution, the debts are ended.
If a person dies does their estate have to sell his home that his adult child is living in to pay back child support?
Essentially, yes, the estate has to settle all debts. That includes the sale of assets.
Who is responsible for fixing a septic system when buying a home?
Put it in the contract if you are buying, the current owner should fix it.
Can a temporary executor sell belongings and or home of deceased when estate had no will?
Certainly, that is the duty of the executor, to settle the estate, which includes liquidating assets to cover debts and distribute the proceeds in accordance with state law.
In Texas must a home in probate be sold?
No, it does not have to be sold. But the debts have to be settled and if there is not enough money to resolve the debts, the home will have to be sold.
What should one know before buying home insurance?
Someone should know a number of things before buying home insurance such as what the insurance covers, what it doesn't cover, the price of premiums, and whether or not they can increase if a claim is made.
What should I know before buying garage doors?
Before buying garage doors, you should contact a home contractor and have him or her come out and determine what kind need to be purchased and the value.
What should I look for when buying a home gym?
You should look for the quality of the equipment. Also verify that the equipment has a warranty on it.
