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Tag Archives: Buy House
can you buy a second home with a 800 credit score and limited history of income?
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
How do I protect myself from taxes with a mortgage loan to my children?
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 7 Months, Buy A House, Buy House, Interest Free Loan, Interest Tax, Irs, Italy, Job, Money, Mortgage Loan, Promissory Note, Quicken Software, Second Mortgage, Taxes, Year 6
1 Comment
Is a home equity loan an ideal way to pay off credit card debt?
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 Bankruptcy, Buy A House, Buy House, Cards, Chapter 13, Credit Card Bills, Credit Card Debt, Credit Debt, Financial Balance, Home Equity Loan, Ideal, Insurance, Loan Mortgage, Lot, Second Mortgage
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?
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 Buy House, Home Equity Loan, House Selling, Loan Mortgage, Money, Mortgage Loan, New House, New Mortgage, Sell House, Sell My House
3 Comments