Tag Archives: Buy House

can you buy a second home with a 800 credit score and limited history of income?

Posted on May 8, 2010 by admin

Kenetik30 asked: my girlfriend has a condo in los angeles which is worth 300K. She tried to start a business and quit her job 2 years ago. well suffice to say the business is and was not going too well … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , , | 4 Comments

How do I protect myself from taxes with a mortgage loan to my children?

Posted on January 26, 2010 by admin

Rolleen asked: My daughter and son-in-law and two small children moved to the US from Italy and have been living with my husband and me for the past 7 months. They want to buy a house, have $75,000 in cash … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , , | 1 Comment

Is a home equity loan an ideal way to pay off credit card debt?

Posted on January 26, 2010 by admin

bodyC asked: Ok, this is unconventional – My mom is disabled. Her home was affected by Katrina. Her home is finally fixed. However, during the past two years, she’s accrued close to $100,000 in credit card bills to pay off … Continue reading →

Posted in Credit | Tagged , , , , , , , , , , , , , , | 5 Comments

How can I buy a new house before selling mine if I don’t have the money lying around to purchase it outright?

Posted on April 3, 2009 by admin

Jules B asked: Can I borrow out of my equity? Would it be a home equity loan or something else? Then when I sell my house, how would I pay off the mortgage and convert the equity loan into my … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , | 3 Comments