powerthruster asked:


When filing in a form for a finance company they often ask what type of accommodation you’re in eg., owner, rent furnished, rent unfurnished, council etc. I live in privately rented accommodation and I’d like to know what the best answer is to give for a favorable outcome, as mine is partly furnished?

xandres103 asked:


Does anyone know of any good books to read in negotiating owner financed properties? How do I go about finding out if an owner will finance a property?

sqeker48 asked:


I want to buy another home, move, & then sell my old home. Are there ways to finance the new home using the equity of the old home to secure the loan?

blackbronco92 asked:


I am looking at a foreclosure in the Grand Rapids area. It has an appraised value of approx. $63,000. I will be purchasing it with an accepted bid of $35000. I have a $10,000 high interest auto loan I would really like to finance into the purchase at the time of purchase. I have heard I have to wait six months and then refinance, but are there any programs out there that I could use to take advantage of some of the immediate equity in the house?

Agnes E asked:


I’d like to buy a home with a large property, but I do have poor credit. It would be my first home. How can I overcome my poor credit past and finance the home of my dreams?

Lynda M ♥ asked:


My husband and I are trying to move and want to buy land to buy a home. We have enough for $8000 down but need to finance about $19000. We want to buy it now so that we can build on it at a later date (in around 6 mos to a year). We don’t want anything with a balloon note or ARM. How long can we finance it for and at what %?

GoPack asked:


I’d like to buy or build something like Public Storage. What’s the best way to know where to build, find the land (or existing storage facility) and finance the purchase?

JoeB asked:


I’m looking to do some major rennovations on my house and figuring out the best way to finance it has been racking my brain. I just can’t figure out the pros & cons between refinancing, 2nd mortgages, home equity line of credits, etc.

A little background on the house, It is located in North NJ in a very high demand area. I bought the house over 6 years ago for $215k, it’s currently valued around $380k. Our current Mortgage is around $175k. I estimate my renovation to cost around $200k-$250k. We plan to be in this house for a long time. We’re looking to add a 2 car garage, extending the living room, redoing the kitchen and adding a master bedroom.

any advice on what direction I should head in and pifalls to look out for would be greatly appreciated.

ConfidentSmartass asked:


A friend will be going from Indiana to downtown Chicago for the non-paying internship. Its his first shot at the finance field during undergrad. Is it worth it?

Georgina asked:


I signed to purchase a home for $700,000. House will not be done until April 2007. Between now and then, if the prices of the homes drop, will I be obligated to pay what I signed up for or do I only finance what the house is worth at the time?
FYI - contract was signed with a builder. You can not qualify for an amount more than the appraised value, shouldn’t this be reason for them to take the price down? Also, since it is quickly becoming a buyers market, shouldn’t I be able to leverage that and negotiate with the builder? Any suggestions on how I can do that?