No....Anyone listed on the loan app - their credit must be used. The lowest of each applicants middle score. If they are not listed on the app, their income cannot be used for qualifying. However - it will be looked at for USDA eligibility purposes ( income limits)
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The only way to know for certain is to contact a mortgage lender. They can answer your question, review your credit with you, and give you a "game plan" (if necessary) to purchase in the future.... more
We do not do land loans ourselves, but everything I have seen about them at other banks suggest that they want a large down payment for a land loan, like 30% down payment. I have never heard of 100% financing to buy land, not even 90%. Sorry.... more
There are often real estate agents who will offer a flat-rate service to put a home on the MLS as a for sale by owner. You can find these types of agents by just doing a search for flat rate realtor on Google. Once your listing is posted on the MLS, then it should automatically populate to sites like Trulia if that board of realtors has an agreement with them (most do). Best of luck to you.... more
Are you wanting a home in the Stonegate Trail Sub division? Or before on Harrogate Springs Road? I can send you information on both or elsewhere in Wetumpka. But please contact me because I have plat maps, blue prints, and all the above concerning that specific area. I actually lived there for a short time growing up. My father bought that land and was the original developer/builder for that entire community. His company now is Kenny Hayes Custom Homes L.L.C. (www.kennyhayes.com), not Legacy Homes anymore like most remember. Send me a message or give me a call and we will take care of your housing needs.!! Thanks for using Trulia to find information.... more
You should inform the bank that you are a tenant in the property. Additionally, you should request they provide information as to who will collect the rent, handle property management issues and proof the property was legally transferred from your landlord. For additional information how to write this letter you can click the link here, http://www.foreclosurecourt.org/foreclosure-questions.html... more
"Grandfathered" situations are subject to change. If a local municipality deems something a hazard or health issue, they can and will remove the "grandfather clause". Also, if the local planning rezones your area, the rules can change.
For example, if you own a business in an area zoned residential with light commercial priveleges, then the city comes in and zones it completely commercial, you will be forced to update the property to the standards set by the new zone. Even things that would seem minor, such as the minimum number of parking spaces may have to be adjusted.
The city is not obligated to pay for those updates. Their justification is "your property value increased as a result of the new zoning". In their eyes, they are doing you a favor.... more