Category Archives: Renting & Real Estate

My fiance is 28 and has very little credit. Which credit card should he apply for ?

sweetiepie asked: We would really like to buy our first home. We were told by a real estate agent that he needs to have at least 3 credit cards for one year before being considered for a home loan. My fiance makes good money,has worked for the same company for 9 years,and we have rented … Continue reading

What is the best type of amortization loan ? Which do would i pay least interest durring the first few year?

raclawski04@ameritech.net asked: The seller is offering seller financing, What would the the best deal in terms of loan and payment scheduling. Do i have any choices ? What are: Straight line (linear) Declining balance Annuity Bullet (all at once) Increasing balance (negative amortization)http://1mortgagecalculator.info

How can someone with bad credit get a Loan to purchase rural land?

Navy Seal Wife asked: Single Mother, in a bad car accident several years ago…result bad credit from collection companies for unpaid medical bills I want to buy two acres of land, I have no money for downpayment, can anyone point me to a lender that does lot land or land loans with a credit score … Continue reading

What should we do when buying a home if I have bad credit but fiance has excellent credit?

abeth_119 asked: My fiance and I are looking at buying our first home. I made mistakes when i was younger with my credit and now have bad credit. I have worked out payment plans with my credit card companies and am working to repair my credit; however my fiance and I want to buy a … Continue reading

I would like to take credit card deposits online for a house that I rent out?

Justin P asked: It’s a scrapbooking house, and I’d like people to be able to put the deposit down online at the time they book with a credit card. I am looking for an online solution, possibly something involving PayPal. I’d like as little work on my end as possible, just something that credits and … Continue reading

I have bad credit and am desperate to find an apartment in Mass?

Kim H asked: I am currently going through a divorce and one of the main reasons I am divorcing my soon to be ex is that he has ruined me financially. My house is foreclosing and I need to find an apartment between Dighton, Ma and Bridgewater, Ma. Here’s my problem. My credit since I … Continue reading

What is the difference b/t loan term & amortization period for a commerical loan?

Michelle S asked: I’m purchasing my first 4 flat property for real estate investment. The bank has offered me a loan that has a 10 year term but 20 year amortization period. I’m not sure what this means. Any help or direction to online resources would be appreciated.http://1mortgagecalculator.info

It is possible for me to refund the deposit and monthly amortization of the condominium i cancelled?

JQ L asked: I purchased condominium last year and already paid 2months monthly amortization now i decided not to continue and cancel it, it is possible i can refund my money from them?http://1mortgagecalculator.info

Is there such thing as a TRUE Bad Credit Home Loan?

mudpuppie_80 asked: I don’t have perfect credit, neither does my husband but we are diligently paying off our bills one by one. I have been looking into loans for people with bad credit and of course they are all over the place promising a future for our family. Then I fillout the Application and whammy … Continue reading

How does amortization help the man afford the house?

Matilda C asked: Usually when an American adult wants to buy a house, he does not actually have all the money to afford the house right away. How does amortization help the man afford the house?http://1mortgagecalculator.info