I set up 3 payments to a credit card company and the last payment came out of my checking account Oct. 1. I then recieved a letter from a collection company saying I owed them on this debt. They said they recieved the account from the original creditor on Oct. 23, 22 days after I paid the account in full. Now I have another mark on my credit from the collection company. I can not get the credit card company to give me a strait answer on why this happened or how they are going to fix it. They keep saying they will let a supervisor review my account and they will call me back, 4 times they have said this. Then today they tell me that another collection company, NCO Financial is handling the account……lol I dont know what to do. Can anyone help me and advise me how to get this fixed. I am so frustrated and I am planning on buying a house this summer and I dont want another bad thing on my credit! Thanks

I never even thought about buying a house because I have bad credit. I am fixing it at the moment, but it’s taking time. My friends tell me I could get a loan for a house anyway. Is this true?

After buying a house on the lake. I noticed after living there for three months that the lake was going down. I saw someone on the dam and questioned them. I was told that it was their property and the lake was being drained. I went to public records and found that the property had a covenant that allowed a perpetual easement with all of the communities property. After doing more digging I found out the county gov’t contacted the family that owned the property before we were a community (which was before 1933. so these people were grandkids) and told them they could quit-claim the property if they wanted to and say it was from the grandfathers estate. (It never was in the estate I pulled the records.) So now we have a drained lake-mudhole that has weeds growing in it. HELP ANYONE. (mind you the grandkids are developers and home builders and they were planning to build over 200 homes on a lake bed)

I’m 31 years old and I want to be secure financially when I retire. Can I make more money after 30 years by buying a house and renting it (planning on buying a 0,000 home and having renter pay half of a 00 mortgage) or investing my money in mutual funds. I’m a teacher, so I have 403 b tax shelter annuity available to me.

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.

Here is my situation. Me and the wife just applied for a our first mortgage. She has a credit score of 673 and I have the bad one of 584. I went ahead an pulled my reports from the 3 credit bureau’s. I have 5 accounts that are in collection or are delinquent. These are minor dollar amounts. Only like 44, 179, 144, 202 and 180. What is the best way to fix this without going to a specialist and paying the extra money. I have all the contact information of the creditors so I can contact them directly now. Should I call them (not mention I’m buying a house) and say I want to work with them to get this off my report? Then infer I don’t have much money but what is the least they will take to call it even? I have been much better with my money for the past 4 years with nothing negative. And once this is done, how long till I see it impact my credit score? Thanks for any help.

1. I WAS INTERESTED IN BUYING A HOUSE. MY CREDIT SCORE IS AROUND 550, NOT GOOD I KNOW BUT IT IS GOING UP AS IM BEING MORE RESPONSIBLE. A BROKER TOLD ME THAT HE WILL HELP ME GET MY SCORE AROUND 620 OR HIGHER AND HE COULD GET ME INTO A HOUSE ZERO DOWN THROUGH FIRST TIME HOME BUYER PROGRAMS IN TEXAS. IS THIS TRUE? IF SO I SHOULD GO FOR A FIXED RATE RIGHT, ARM CAN COST U LATER.

2. I HAVE TWO CREDIT CARDS. HE WANTED ME TO CANCEL ONE BECAUSE OF LOW LIMIT ON IT. I HAVE A GOOD PAYMENT HISTORY OF OVER A YEAR ON THIS CARD. IS THAT A GOOD IDEA. I WASNT SURE AND DONT WANT TO MAKE A BAD MOVE. THANKS IN ADVANCE.

I’m 21 years old, college student, ,000/year income, excellent credit. I’m living rent-free currently, have very little in the way of expenses with about ,000 in the bank.

I’m looking to invest in a couple of houses that I would rent out.
with the economy the way it is I am not really making any interest on my money so I am contemplating buying a house or two as an investment. I’m looking at a couple of houses that are valued at approx. 5,000 that I’m guessing would rent for around 00/month + utilities.

My only concern is that it would be a lot of maitenance on my part. I pretty much know what I would be getting myself into as far as economics go but can anyone tell me what the requirements of a landlord are?

I ran the idea by my parents earlier and they thought it was a smart idea but they’ve always owned their homes and couldn’t tell me much in the way of how the landlord/tenant relationship typically goes.

I am a 24 year old married father of two. In my early legal years, I had a problem with my credit, but I’ve paid almost all of them off in the past few years.

I do not have any credit cards, and I never really paid much attention to my credit since paying off the problems- and did not think much about it. I do keep up on my credit report- but I never knew my credit score.

However, I’m looking into buying a new car, and in a year or two buying a house. I applied for a car loan at a dealership where they told me my credit is around 350! I never knew it could be this terrible. My wife has no credit at all, so that did not help matters.

Now, we’re attempting to fix our credit. We know nothing about this, and it’s very difficult. We do not not have any current debt, and live modestly. We cannot afford much as we are trying to save up, but we really want good, or at least decent credit.

I would love for us to be able to fix both my credit, and establish some sort of credit for my wife.

We’ve heard credit cards, or even store credit cards will help, but know nothing about APRs or what would be best. We have also heard about going to a ‘buy here, pay here’ car sales place that reports to the credit bureau, but again we only know bits and pieces. We also know a co-signer would help, but we do not have anyone so it is out of the question.

Any advice on any parts of these topic would be greatly appreciated. Please no harsh comments, as I know it is a terrible thing- but I am attempting to fix it for my family’s sake.

I am looking into buying a house and some property in an area that has rather cheap homes. Nonetheless, I don’t have much money, so I’m looking into getting a cheap house there.

I’m not interested in "fixing and flipping." I want to live and fix and live and maybe eventually sell. I’ve tried to find books on this subject, but all the books I found talk more about reselling. Any book suggestions?

What I’d really like to know is what to look out for before buying a house. I want an ugly house that I can do basic work on (painting, recarpetting, etc.) over the weekends and such to make it more livable and pretty.

I don’t want a house that will be condemned in a year or one that will cost thousands to fix major damages. I’ve heard that you don’t want a house with a bad foundation, but what do I look for? Do I need to hire someone to inspect it before buying? What other major things should I look for and avoid in buying a fixer-upper? Pipes? Termites? Walls?

A coworker who is a single mom, and a single mom friend of hers, have been looking for a house to rent together without much success. I’m considering buying a house for the two of them and their kids and letting them pay me an appropriate rent. The issue is not the purchase or the details of being a landlord, but how that relationship might affect my chances of something more with this woman.

Okay, I’m buying a house in one of the last economically healthy parts of North America. What important bits of maintenance (cleaning the furnace, for example) should I undertake every year, every two or three years and every 10 years, for example?

My Girlfriend and I are planning on buying a house in May. We just heard about the first-time home buyer tax credit. We plan on getting the loan in both of our names. How do we file for the credit ? The price of the house around 110k. Would it better if one of us applied for the credit or both of us. Thanks for any help.

I currently owe 38,300 in debt. My credit score is bad. I am thinking of declaring bankruptcy is it worth it? After I do that can I buy a house? How long would it take me buy a house after declaring bankruptcy? If I decide not to declare bankruptcy is it better to pay off my debt or not? How can I negotiate with the creditors? I am 25yrs old and single with 3 daughters. Any suggestions… I tried buying a house tru leaseoptionhomebuying.com. but then I kind of not trusted the program now I have no idea what to do. Any suggestions. Serious answers only. What would be my first step?

I am buying a house that was in foreclosure. I am paying ,000 cash only. I am also NOT a first time home buyer. Am I still eligible for the new home tax credit?