7 Mar, 2009 in Renting & Real Estate by Administrator

Nathanael tells us: The buyer for our home just backed out and we have to close next Friday on the house we had made an offer on. We don’t have enough cash on hand without our equity in this house to make the down payment. Is there anyway we can get a loan [...]

16 Feb, 2009 in Renting & Real Estate by Administrator

Alfred tells us: I’m looking to do some major rennovations on my house and figuring out the best way to finance it has been racking my brain. I just can’t figure out the pros & cons between refinancing, 2nd mortgages, home equity line of credits, etc.
A little background on the house, It is located [...]

13 Feb, 2009 in Renting & Real Estate by Administrator

Rosaria tells us: I live in Colorado and plan to purchase a home. Before I move in, I’d like to add two bedrooms and a bath. What’s the best way to finance this all at the same time?

11 Feb, 2009 in Renting & Real Estate by Administrator

Jody tells us: If any of you have hurt by mortgage crisis, could you please tell me your story and how do you handle your finance. How much percentage did your house’s price dropped? Is it affected your lifestyle?

8 Feb, 2009 in Renting & Real Estate by Administrator

Man tells us: Ok, this is starting to get rather confusing. I am looking to buy a home in a surprisingly cheap neighborhood. The house I am interested in purchasing is under $50,000. My credit qualifies me for a bad credit loan, but no one wants to finance for such a small amount. I am [...]

3 Feb, 2009 in Renting & Real Estate by Administrator

Byron tells us: I’d like to buy or build something like Public Storage. What’s the best way to know where to build, find the land (or existing storage facility) and finance the purchase?

23 Jan, 2009 in Renting & Real Estate by Administrator

Ethyl tells us: I own two condos one, I live the other I am renting out. Both dont have any equity yet. I already have 51% debt to income. I can still afford MXM 5K down including closing costs and tax prepayments. My interest is to buy foreclosures and sell after ~2 yrs. I [...]

14 Jan, 2009 in Renting & Real Estate by Administrator

Yun tells us: Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its tiny. I need financing [...]

23 Dec, 2008 in Renting & Real Estate by Administrator

Jacqulyn tells us: A friend will be going from Indiana to downtown Chicago for the non-paying internship. Its his first shot at the finance field during undergrad. Is it worth it?

18 Dec, 2008 in Renting & Real Estate by Administrator

Cruz tells us: I signed to purchase a home for $700,000. House will not be done until April 2007. Between now and then, if the prices of the homes drop, will I be obligated to pay what I signed up for or do I only finance what the house is worth at the [...]