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It was not bad but he claims he is hurt. He has not settled with my insurance company yet. He wants more than the insurance will pay. Will he be able to get our house?

3 Thoughts on We are going to buy a home with 100% financing and I hit a ped last year and he has yet to settle?
  1. Reply
    DJ B
    August 31, 2011 at 12:47 am

    Probably not, but you might be cancelled by your insurance carrier. This really shouldn’t impact your financing a home.

  2. Reply
    Blue October
    August 31, 2011 at 1:09 am

    first of all did u not listen to President Bush and the federal reserve this week. there will be no more 100% financing, no more sub-primes and no more creative financing….

    so at this point i do not think you have anything to worry about unless you go with a traditional to acquire your home…..

    good luck 🙂

  3. Reply
    ANGEL Baby
    August 31, 2011 at 1:30 am

    100% financing is going away!

    As for if you OWN your home, you should put your assets into a living trust so no one can sue them from you.

    See a trust attorney, pay the $ 2500 dollars to do this and know you can write off the legal fees at tax time!

    This will protect what you have.

    Be well!

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