Archive for November, 2009

I am curious if private homes,condos, zero lot homes,patio homes or duplexes are best for rental investment property.

I’ve found a house that I really want. It’s really rough on the inside, the ceiling plaster has cracked and fallen in a couple places, therefore it will not pass inspection. Are there loans for homes that don’t require inspections? My husband is a carpenter, so it will all be relatively easy to be fixed. Also the loan amount would only be ,700. My grandpa is going to try to get the money for it, but if he can’t I need another approach. Any ideas help!

I’ve been trying to buy this home for nearly 2 years now. I been through 4 mortgage companies and over 10K trying to pay off debt that didn’t make a difference in my score. I know the routine now,companies will promise you they can help until the realize your credit is below 600, then they wont have anything to do with you. I’ve tried paying on time, paying off stuff. It hasn’t help. What I want to know now is,…..what’s the deal with these bad credit places! Are they any different? Is it a rip off! Will they promise you stuff and not deliver? Why would they give me a chance if most mortgage companies wont?
My score, 519, my income 60K, 11 years on the job. the house is 180K & I have about 5K down. What should/can /can I do?

Our cars are mostlikely the 2nd most expensive thing we own (after our homes). No matter what part of town you live in auto theft is a concern, expecially if you drive a nice vicheal. How do YOU keep your car safe and out of the hands of stoner 17 year old car thieves?
I personally have a aftermarket alarm that has motion sensors inside and glass shatter sensors.
How do YOU keep your car safe?

The rental property I am looking at is in a nice area, but there are at least three other properties in the same area for sale. Is this a good idea or look in an area with less turnover?

Fannie Mae went through a few hundred billions of dollars over the past few years. Where did it go?

Banks? Homeowners? Builders? Credit companies? Barney Frank?

What do I do? I don’t want to leave but am being threatened every day!!Help!!
I myself had a drink with him once, so he would leave me alone. But now, he sits at home alone and drinks himself to sleep everynight. He has hit a girl,and I’d qualify him as a "mean" drunk. I have begun to buy some of his alcohol from him, and have been dumping it out so he won’t be able to drink it, but he has also been locking some in his room so I can’t get to it.

Bond holders are the Chinese investors.

what kind of infection can i catch by keeping a cat at home during the first months of my pregnancy?

I am really curious if they really got away with actually making home loans to people on welfare.

Okay, my husband acted like his credit was fine and dandy until a few months before our wedding, which was fine. He’s always paid our bills and he makes decent money. We got married, had a child, then went to buy a house and bam…he is in all sorts of credit trouble. Which keeps us from buying a house. Which okay, a part of me doesn’t mind b/c in this economy I’d rather rent and be safe (he works in construction and you never know when he has his slow weeks or months) Lately he has been talking about fixing his credit..which is fine, we need too..but a part of me is just irritated b/c this wasn’t my debt to fix and now I feel like its become my problem! How do other couples deal with this sort of thing???
Mim. I have worked the entire time we have dated and been married. SO don’t assume.

I am make a foot scrub today for someone and I am using brown sugar. Since ppl have all kinds of skin types I want to make sure that this product I am making is going to be safe for a long time to come. Was is the timeline for a home made foot scrub before it goes bad?

Clinton had 2 employees who earned over 0 MIL at Fannie Mae (Raines and Gorelick).

And, Barney Frank dated a male executive of Fannie Mae.

Is that why Dems aren’t upset over the RECENT bonuses at their large donor firm that taxpayers have given 0 BILLION?

Will the government set a fixed price for each common stock? How would the valuation be done? BTW, what is the difference between the two companies anyway?

i want to buy some goldfish for my aquarium but i won’t be able to bring them home right away and i wasn’t sure if it was safe to keep live fish in a plastic bag for longer then an hour?
i’d appreciate your help! ty

I’ve found the going rate for 3+ BR 2bath homes in my area to be 0k+ .
My home has 4BRs, 2Baths. I had bought it as a fixer-upper. Due to my unemployment and disability in the family I have to sell.
I know that nobody is going to pay 0k+ for my house. In my estimation it needs about – k worth of work to really fix it up into tip-top shape.
I want to price the house at 5k so a prospective buyer knows I’m taking the fix-up expenses into account, and hopefully drawing in a maximum # of interested people to bring a quick sale. This leaves less negotiation room on offers less than 5, I think someone willing to take on a fixer upper would find this place to be a great deal at 175k.
Alot of people are telling me to price higher, but I need a quick sale – I can’t afford the mortgage for much longer.
At 175k, I can pay off ALL my bills (incl mortgage) and have money in the bank.
Is this a crazy idea? What do you think? Alternative ideas?
Hokie – I’m in New Jersey. In my town, a 2BR 1Bath Condo is selling for 0,000.
i don’t think those condos are gonna sell at that price, since a 3BR house is listed at 9k. I’ve also looked at recent sales information (I have an aquaintance in real estate) and people are getting over 0 for similar homes.

Maria – I’ve still got some wiggle room at 175k. It would come down to how much I can get into the bank. But my minimum number includes a certain dollar amount that I want in the bank in order to make my necessary move happen. I don’t want to shaft myself out of extra $$$ if someone is willing to pay it.

Thankfully, I know I won’t totally lose money even if I had to drop the price to cover the mortgage & home equity loan, without paying off all the bills. I’m close to a job offer, but that is closer to the relative I’m going to be caring for and at a pay-cut.
Doc – I’m planning to do for sale by owner first to avoid paying commission to anyone.
Here’s my strategy – - I’m really hoping to get 0k for the house – that way all my bills are paid and I’ve got enough money to go into the bank.
I figure if I list @ 5, I’ll get plenty of interest and the first offer of 160 or more would get it.
I’m not actually hoping to get 175, although it would be nice. I know not to price the house at my bare-bones, bottom-line absolute minimum I need to sell for.
I know people are going to want to negotiate.
Is 15k enough of a cushion to negotiate on.
If somebody got the house for 160k, put 40k into it and fixed it up, they could easily list it for 250 or more and actually get that price. They’re happy ’cause the house is worth more than they put into it and I’m happy because I sold for what I really want to get.

This all happened to sudden. I have no idea what to do I’m so worried.
Should I get a lawyer first before meeting with them

Hi everyone

I have a design project and the title is "a home safe". Could you please give me ideas for a home safe. Try to keep the ideas simple please because it is a small project. I would appreciate it if you can come up with something unique and not available in the market otherwise try to make a safe which is already in the market better. thanks

my fiance has a credit score of about 550.we would like 2 buy a house soon,but i’m sure its pretty obvious that wont happen if we dont fix the credit problem.i have a few ??.i know this is going 2 sound pretty ridiculas & selfish,but whats the point of paying off the bad credit,if its not going 2 bring the credit score up?we have paid a few things off already,but it is still showing up as bad credit on the report. and if i’m right,it won’t go away for 7 years anyway?another problem is,one of the MAJOR things on his credit,which we ARE trying to get taken care of,they are wanting us to pay them over 0 a month!we keep trying to tell them we can’t make that kind of payment,we need to figure something else out,and all they do is tell us that what we are offering isnt good enough,and they r threating 2 take him 2 court or garnish his wages.i thought they were supposed to work with us?i dont know what to do or where to start?this is dragging me/us down,and i’m starting to feel hopeless?!!

… ones that work for Fannie Mae? Shouldn’t the CEO and board have been fired before we bailed them out?

Why is Yahoo Finance giving them a green (UP) arrow on their website?

I am 21 years old and i am trying to buy my first home. I keep hearing about the housing market in the news but i don’t understand much of the terminology. Is it a good time or a bad time to take out a mortgage?

In socialist if not outright Communist countries the housing industry is run by the government, There is no free enterprising or market competition by companies to help bring this under control. Instead it is up to the all wise and benevolent government that will save the day.

What other industry in American History has this happened to too and has this benefited America before. Or did it make it worse?

I have some questions about Fannie Mae that I need to be answered for a school project.

Who is Fannie Mae?
Why are they in trouble?
How did they get into to economic trouble?
What is being done to get them out?
How it effects me as a American?

Look forward to seeing your answers.