Florida buyers have lost hundreds of thousands of dollars in home down payments, all because they followed what they thought was their real estate agent’s wiring instructions. Home News
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The rate is going to be a little bit higher due to the low credit score. But that is the only way to use both incomes to qualify for the mortgage. If you’d like to try qualifying on just your husbands income then you’d probably get a better rate and you might be able to do a conventional loan. The PMI would be less than on FHA.
Read 1 Answer from lawyers to My mother help me buy a house with credit I am on the deed she is on the mortgage if she’s committed to a nursing home – Florida Real Estate Law Questions & Answers – Justia Ask a Lawyer
If financial need is a test to get the apartment you want to look at, then yes it may be possible that having an interest in a house, or being on a mortgage, could be a problem. Other than that, private landlords may rent to whomever they feel will be able to pay the rent. In some cases, having a house can improve your creditworthiness in.
A salesperson is involved in a transaction where an individual wishes a six-month lease with an option to buy. What is true about this situation? A. The individual must go to an attorney since it is too complicated a transaction for a salesperson. B. This transaction is too complicated for a salesperson.
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