The market is horrific right now so as a small bonus I decided to pay HALF of the buyer’s closing costs and I’ve already knocked off $ 25,000 for the buyer. I really think the buyer is trying to take advantage of me. The reason I feel this, because she is telling me to just pay her 3% of the cost of the home and that should take care of her closing cots but my thoughts are how would she know so soon what her closing costs will be when we haven’t even gotten to the purchase agreement yet and the deal haven’t even made it to the closing table. She is trying to get this 3% in writing, in the offer, but my point is how would she know that 3% of the cost of my home is going to equally cover her closing costs. If I give her 3% that could pay the closing costs and more. I am only interested in paying half her closing costs. How would I do this without being burned? How and when would I know the real cost of her closings costs so I can accurately pay that amount without going over?
I have been taking advantage of my skip a payment in December and June since I got the loan. It helps to have a little extra every now and then, even though I know my loan will last that much longer. My boyfriend asked if they affect my credit score. I have no idea. From [...]
Several years ago, I was under-employed and drowning in credit card debt. I chose to go the debt settlement route. I was never comfortable with the process. Recently, I have come into a sum of money which can eliminate that full amount of debt with no settlements. Since my credit score is fairly low already, [...]
I dont have a lot of extra money. I was thinking about a debt management company, but I am scared of being taken advantage of. Any suggestions?
My credit score is low, but I am not behind on any loans. I would like to work with my lender to lower my rate,to lower my payment.
My wife and I have been a p/t building superintendent for a small complex [about 30ish] apartments for a little over 6 months now. The only compensation we have is a free apartment. Currently, we do ALL the following: Most of the office work [leases, rental applications, inputting work orders, inputting tenant complaints, background checks, [...]
I have things in collections and want badly to get my credit back up. Every now and then I get offers in the mail to settle the debt for a lesser amount….Are this offers something to take advantage of as a means of improving your score?
Help me out. Not one private insurance company will insure against flooding, with the risk being too great. Apparently, the U.S. government decided that taking the risk to build in flood zones was an American birthright and that U.S. taxpayers would pay for losses of people who took on unreasonable risks. OK, fine, strike one [...]
I’m a first time homeowner preparing to purchase my first house, and I’m looking into auto and home insurance rates. It looks like my best bet is to go with Progressive for auto and Liberty Mutual for home insurance, but I was wondering if there’s any advantage to getting both insurances under the same company. [...]
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