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« Nice Apartments In Lawton? | Refinance FHA home loan? »

How do I buy a house? What are the steps? What do I need to do?

Posted by Real Estate Investor on Jul 23 | Real Estate Investing Chatter

I’m so confused. Please don’t point me to a website or specific broker. I just want a REAL person to walk me through the steps. What do I need to do now? I don’t have messed up credit but I don’t have any money in the bank either.
so help!
my credit is fine. My score was 720 in April and I have just continued to pay my bills., more 

and If I evict someone, and rent still hasn't been paid…?  Can a late fee still accrue? My roommate signed an agreement stating that rent was due on the 15th (every month…but he seems to be dumbfounded by it) I was nice enough to give him a 5 day grace period, seeing as how sometimes pay periods are after the 15th, but added that as of midnight on the 20th there would be a late fee of 10 dollars a day (I asked friends that live in apartments as well as called a few in my community what their policy was and late fees ranged from 10-15 a day to 50-60 a day depending on the complex) and because of the situation he’s in i.e. negative bank account, hours being cut, pay being cut, and girl friend he has to buy a ring for and take her out to eat everyday, I only charged him 10 a day.
Now if I evict him because as of today (7/20) rent has not been paid, nor attempted to be paid, can the $10 a day fee still be added for every day July’s rent is late until it is paid, even if it takes him a month? He avoids my fiance and I, if were home he leaves, if he’s out in the living room and we come home he heads to his room and shuts the door. When I mentioned to him 2 days ago that as of the 21st he’d be accruing a 10 dollar a day late fee he looked at me like I was out of my mind. I pulled out the contract he signed (and denied a copy of) and showed him where it was. He and his girl friend signed the contract and I finally talked to her about it (she’s just like him…avoids us) and as far as she knows he’s taken care of everything., more 

and Where do I apply for an FHA loan?  , more 

With a FHA loan, do I have to get a house in ghetto community?  , more 

and I am a first time home buyer….?  I was wondering, lets say I buy a home for 110,000 and put down payment of 3000 and end up with a loan for 107,000. Then our payment turns out to be 960 a month or so. after the closing, like couple months or so, If I had a large amount of money to pay towards the loan and it brought it down to 100,000, would I be stuck paying the 960 a month or would I be able to do something to get the payments lowered???
Is there a certain amount of time you have to wait before refinancing?, more 

Tags: repossessed, foreclosure, investing advice, houses