Archive for Renting & Real Estate
Jul
04
mimi1980 asked:
Including insurance and taxes? I live in Pensacola, Florida. Is this possible? I don’t want to talk to another banker yet until I’m ready because I don’t want my credit to keep getting pulled. Right now I’m trying to boost my credit up a little by paying off old debts and I’m trying to get my car paid off by the end of the year. Any info would be helpful.
Including insurance and taxes? I live in Pensacola, Florida. Is this possible? I don’t want to talk to another banker yet until I’m ready because I don’t want my credit to keep getting pulled. Right now I’m trying to boost my credit up a little by paying off old debts and I’m trying to get my car paid off by the end of the year. Any info would be helpful.
Jul
04
Will i get my earnest money back if financing doesnt come thorough?
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1stimebuyer asked:
We are first time buyers. Just a couple questions about the earnest money. If by chance we dont get the loan, will we get our money back? And if the appraisal doesnt come out right will we be entitled to get our money back?
We are first time buyers. Just a couple questions about the earnest money. If by chance we dont get the loan, will we get our money back? And if the appraisal doesnt come out right will we be entitled to get our money back?
Let me read to you what our counter addendum reads: This is a nonrefundable deposit, unless buyer is unable to secure financing or if within above specified period, buyer cancels agreement in full due to findings of inspection. Said funds will be credited to buyer at closing.
Thats all the contingencies that i can find about the earnest money. So my question is if appraisal doesnt check out or we dont get financing do we get our money back. Because i see where it talks about financing, but if the appraisal is less will we still get our money back as well.
Sorry for all the questions, im totally confused on this earnest money stuff…
Jul
02
westphalia1 asked:
I am interested in acquiring Farms/ranches in Mexico or active business in Acapulco. Bank financing is available to USA residents for these properties. However-20-30% Downpayment is required to get the financing. How do i get (investors) downpayment without using ANY of my own assets which i don’t have to cover it? All the properties mentioned are income producing and in mexico.
I am interested in acquiring Farms/ranches in Mexico or active business in Acapulco. Bank financing is available to USA residents for these properties. However-20-30% Downpayment is required to get the financing. How do i get (investors) downpayment without using ANY of my own assets which i don’t have to cover it? All the properties mentioned are income producing and in mexico.
Jun
27
I want to buy my first apartment building wih no money or with seller financing?
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jesus4ini asked:
Looking for apartment building, and want to buy an aprtment building with no money.
If theres anyone out there willing to help me buy my first apartment Building.
Looking for apartment building, and want to buy an aprtment building with no money.
If theres anyone out there willing to help me buy my first apartment Building.
Kind Regards
Why everyone is taking this for a joke wyle im serious im new to this all i need is an mentor.
Jun
23
gw4n6lab asked:
My wife and I signed a contract to purchase a new home in August of 2005. Since then, our finances have suffered because of unexpected medical expenses and a prolonged illness in the family, requiring our assistance. While the new home has been constructed like we dreamed, we have been declined for financing because of our debt ratios and because we could not come up with the down payment because my spouse has been helping her parents extensively and unable to earn a steady income. The construction company has given us two weeks to come up with financing, or forfeit our earnest money, approximately $34,000. I’ve worked with several different companies and all have declined our financing. The home was constructed in VA. After re-reviewing my contract, I did not find any financing contingency in there that would refund my deposit if my financing was declined … it appears that the builder has insured that they could keep the deposit under all circumstances. Do I have any remedy?
My wife and I signed a contract to purchase a new home in August of 2005. Since then, our finances have suffered because of unexpected medical expenses and a prolonged illness in the family, requiring our assistance. While the new home has been constructed like we dreamed, we have been declined for financing because of our debt ratios and because we could not come up with the down payment because my spouse has been helping her parents extensively and unable to earn a steady income. The construction company has given us two weeks to come up with financing, or forfeit our earnest money, approximately $34,000. I’ve worked with several different companies and all have declined our financing. The home was constructed in VA. After re-reviewing my contract, I did not find any financing contingency in there that would refund my deposit if my financing was declined … it appears that the builder has insured that they could keep the deposit under all circumstances. Do I have any remedy?
