Nov
29
michellekinnar asked:
We have not so perfect credit and we’re trying to own our own home. We rent know, and I know that what we pay in rent we can afford to pay toward owning our own home. We have two small children, and our living situation now is not emough to accomodate everyone here. Please!!! Are there any financing or privately owned financing companies that can assist us in finding a manufactured home?
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We have not so perfect credit and we’re trying to own our own home. We rent know, and I know that what we pay in rent we can afford to pay toward owning our own home. We have two small children, and our living situation now is not emough to accomodate everyone here. Please!!! Are there any financing or privately owned financing companies that can assist us in finding a manufactured home?
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Nov
29
Why is a modular or manufactured home considered a vehicle?
Filed Under Other - Home & Garden | 5 Comments
asked:
That is absolutely ridiculous!! I have heard that since they are considered vehicles they are had to get financing on and they are hard to resale. Does anyone else think this is crazy??
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That is absolutely ridiculous!! I have heard that since they are considered vehicles they are had to get financing on and they are hard to resale. Does anyone else think this is crazy??
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Nov
23
Is a bank or a credit union better for mortgage loans? I am with a bank and heard that credit unions are a?
Filed Under Credit | 7 Comments
Mrs. G asked:
better way to get approved for mortgage loans, and are overall better. Is this true?
Thanks!
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better way to get approved for mortgage loans, and are overall better. Is this true?
Thanks!
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Nov
21
spence1209 asked:
My parents are selling their investment property to fund their retirement. However upon my calculations they are looking at a 45K hit in capital gains. I was going to suggest that upon selling they use a seller financed mortgage so that they will not be taxed on the full amount at once along with providing them a steady investment without any risk. Would this work?
What if they incoming payments were put directly into a Roth…would this still be taxable income? Is there any way to reduce this amount?
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My parents are selling their investment property to fund their retirement. However upon my calculations they are looking at a 45K hit in capital gains. I was going to suggest that upon selling they use a seller financed mortgage so that they will not be taxed on the full amount at once along with providing them a steady investment without any risk. Would this work?
What if they incoming payments were put directly into a Roth…would this still be taxable income? Is there any way to reduce this amount?
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Nov
18
How are sub prime loans, the US mortgage situation, the credit crunch , and Northern Rock related?
Filed Under Other - Business & Finance | 3 Comments
dance_hall_qween asked:
How are sub prime loans, the US mortgage situation, the credit crunch , Northern Rock and the loss of city jobs related ?why is this all very important? and what does this say about the state of the economy?
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How are sub prime loans, the US mortgage situation, the credit crunch , Northern Rock and the loss of city jobs related ?why is this all very important? and what does this say about the state of the economy?
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Nov
11
I am planning to buy a home outside the United States, I am wondering if I can get mortgage loans or personal?
Filed Under Personal Finance | 6 Comments
Ram asked:
I am planning to buy a home outside the United States, I am wondering if I can get mortgage loans or personal loans here in the US. If so who should I contact. Please advise. Thanks.
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I am planning to buy a home outside the United States, I am wondering if I can get mortgage loans or personal loans here in the US. If so who should I contact. Please advise. Thanks.
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Nov
6
of the total trillions worth mortgage loans in the US, what percent are subprime loans? ?
Filed Under Renting & Real Estate | 2 Comments
tariq h asked:
My guess is 95% of loans are not subprime and as such are NOT non-performing. If somene has $100 in the bank and $5 is eaten up it would not necessarily break the bank. Why is this exposure so burdensome that solid companies like lehman brothers are forced to go under?
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My guess is 95% of loans are not subprime and as such are NOT non-performing. If somene has $100 in the bank and $5 is eaten up it would not necessarily break the bank. Why is this exposure so burdensome that solid companies like lehman brothers are forced to go under?
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Nov
1
how can i get prequalified throug a finance company to buy my first?
Filed Under Renting & Real Estate | Leave a Comment
cedreanawil asked:
im a first time home buyer and i need to know what steps i need to take to purchase my very own home
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im a first time home buyer and i need to know what steps i need to take to purchase my very own home
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