Recently my gf and I have been looking to start renting a place and came across a place that her parents suggested right by them. They said they rent from the same guy. He does not make any contracts or does any kind of credit check. And they said that would be the best way to build our credit, by renting from him. But it makes me suspicious because Without a contract I don’t see any way for us to build our credit score since there is no legalizing binding contract. Not to mention to many things could go wrong. What do others think.
My husband and I have a large amount of credit card debt to pay down. We contacted Money Management International and they created a debt management program through them in which we would pay a certain amt. of money to them each month for 50 months in order to pay down the cards. Sounds okay [...]
Here is my big problem: My company purchased in Romania a company called Elaro. Elaro rents FROM an ex-State company around 2000m2 of retail shops for 10,000$ per month and for the next 30 years. Elaro rents to premium tenants all shops at 35,000$ . At the expiration of the rent contracts in 2009, Elaro [...]
Sri Lanka can do this by executive order and save multi-billions in defaulted debt incurred by multi-national conglomerates based in places such as North Carolina. Checking the validity and real interest of fraudulently held assets that can be foreclosed upon due to contracts or loans entered into by third parties that are not representative of [...]
When signing the following documents is the borrower binded to the contracts or it open for negotiation? For example, when do I officially accpet the mortgage rate? Uniform Residential Loan Application,Mortgage Brokerage Fee Agreement,Good Faith Estimate, Federal Truth-In-Lending Disclosure Statement, Notice to the Home Loan Applicant Credit Score Information Disclosure, MORTGAGE LOAN ORIGINATION AGREEMENT. Also, [...]
May 032011
About 6 months ago I lent my landlord “friend” 22 thousand dollars to help her pay her mortgage. She was in deep dept and was going to lose her house. I was also living there at the time, in one of her rooms she was renting out. She promised to pay me back by refinancing [...]
I am about to start construction on a house and have my constrcution loan thru National City, they will also be the owner of the mortgae when the loan is converted at the end of construction. If NC is sold before the loan gets converted, will the new buyer of NC have to honor the [...]
Recent Comments