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Posted by Real Estate Investor on Apr 19 | Real Estate Investing Chatter
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and What is the legal term for when someone cuts off a portion of their property and sells it separately? , more
and I'm not a US citizen or have any type status but I'm about to purchase a summer home in Ga. what all? documents would I need to turn on the water and power, more
Texas- Honoring lease agreement of tenants with previous owner? Hi,
I’m in the process of buying a duplex. I’m 1-2 weeks from closing already and I just come to find out that I might have to honor the previous owner’s lease agreement with the current tenants?
I have never signed any document that says that buying this duplex would mean I would have to honor such contract.
Can someone shed some light on this? I just don’t find it reasonable that I have to abide by the previous owner’s agreement especially for 6 months! That’s when their lease ends. Not to mention that previous owner allowed pets and rent is less than what I would be renting for.
Thank you for all your help., more
and Do I need PMI with Freddie Mac mortgage for Refi? Broker says Freddie Mac yes, Fannie Mae no. Is this true? Broker says because I dont have enough equity I need PMI. I thought Obama bailout prevented this for refinance of Freddie Mac and Fannie Mae refinances. Is he trying to rip me off?
Excuse, I am taking to a banker and not a broker. He tells me under new rules LTV is irelevant with Fannie Mac but not Freddie. I found this web page that says that is BS..
www.realtor.org/government_affairs/gapublic/fannie_fred_refi_guidelines is anyone up on the new rules????????????
On the side, my credit is flawless and my score is over 750. I have a full time job that pays well and I have been at for more than 10yrs.
I am looking to refinance because my interest rate is over 7% and no other reason.
I have called over a dozen bankers and brokers. It is next to impossible to get the time of day from any of them. Near as I can figure they are swamped with work.
Web site didnt type in correctly, here it is again..
www.realtor.org/government_affairs/gapublic/fannie_fred_refi_guidelines
Not sure why, but yahoo keeps cutting off last part of link, here is the part they cut off, hopefully it will come through by itself.
ublic/fannie_fred_refi_guidelines, more
Tags: bank owned, repossessed, foreclosure, investing advice
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