DutchGirlinOregon asked: If you had $500,000 in disposable cash, what would you do, and why? (Purely from a financial point of view, putting aside the obvious benefits of being able to do what you like in your own home)
Conditions:
- You will only live here for three years, so you do have to deal with realtor [...]
Barometer Soup asked: Does anyone know of a bank or lending institution that loan based on appraised value of property - NOT purchase price? Every one I’ve talked to (at least 2 dozen) says that you have to own the property 1 year (called “seasoning”) before they will calculate their Loan-To-Value based on the [...]
Stefani F asked: Need to refinance to a VA loan. Just wanted to know if there’s anybody out there with fair credit that has gotten one recently with a decent rate and low closing cost? We have to move in a year and a half, so don’t want to pay high closing, but [...]
suspicious asked: I’m worried they may be doing this to re-nagotate the purchase price based on them wanting to raise the loan amount 6,000 in order to get cash back at closing. I know there are stricter quidelines for FHA loans and am concerned my house will not appraise for the new purchase price. [...]
MumbaJumba asked: I answered an ad on where there was a real estate guy
who said that he could get me a $1000+ cash flow on a $1,000,000 property with 50K down. He said that because of my excellent credit (793 score) I could qualify for a very low interest loan and that rents would [...]
Mike C asked: For personal reasons, my grandmother wants me to buy her house from her. Her current mortgage left on the property is just about $100,000, which is also the price she wants me to purchase it from her. The house needs some work but even without it, I’m fairly confident that [...]
