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Posted by Real Estate Investor on Jul 06 | Real Estate Investing Chatter
Between San Diego, Orange County (specifically Irvine, Newport Beach, or Laguna Beach), Los Angeles, or San Francisco, which would be the cheapest for a freshman college student, moving from New York to live in?, more 
and how do you do the "keys for cash"? the house my husband and i have been renting was foreclosed. there was a notice put on our door last week that if we renting we had 90 days from the notice to move out but thats all it said., more
and How can a bank get away with this? ok so we are trying to buy a townhouse. it is supposed to be a short sale. the list price was $78,500 so we offered exactly that. we just today received approval to go ahead with it. however the property appraised at $95,000 so the bank is raising the minimum purchase price to $84,475. how can they do this and get away with it? it just doesnt seem fair or legal for that matter.
as my understanding there is no seller here, it is a bank owned property. the bank knew my limit was $85,000 so they raised it as high as they could in order to stay just inside my range., more
My Apartment Complex keeps spamming me with their other properties to live there, how to make it stop? The irony of this is that they do not allow soliciting on site, yet they send me fliers for other places to live all the time. Very annoying., more
and Sticky situation, score dropped while searching for a house? Hi all,
I started looking to buy a house a couple of months ago. At that time I got pre-approved for the price range (130,000-140,000) and my credit score was 620. 2 months later I found the house I wanted to buy, put an offer in, however, when my credit report was pulled, my score was dropped down to 587. I quickly looked into what was going on, since I had paid all my bills on time and took care of every single payment.
Turns out on my car loan, there was a mess up and I had accidently missed a payment 6 months ago, even though I kept making payments, they were being applied to the previous month, consistantly making my payments 30 days late. This was reported to the credit agencies and brought my score down.
My loan specialist first said, I will not be able to qualify, however when I expalined to her what had happened with the car loan, and that the car loan company will rectify this, she thought I might have a good chance. I have been in a stable job for over 5 years and make 70K a year. I have paid all my bills on time and except for the car loan glitch I have been pretty credit savvy.
Its been 3 weeks since I have applied and have heard nothing, no good news no bad… its killing me, how long should I wait? should I go thru another mortgage company?
Thanks for the answers. You are right the broker is not communicating properly. Shes says someting today and something tomorrow, moreover I feel shes not on top of things. I did get a letter from the car loan company, saying they will fix the situation. I will waut a couple months to give them time to do it, if not I will dispute. Its just the timing is really really bad…:(, more
Tags: real estate, investing advice, property listings, houses
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