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Financing in Atlantic City : Real Estate Advice

  • All95
  • Local Info4
  • Home Buying20
  • Home Selling4
  • Market Conditions7

Activity 5
Fri Nov 20, 2015
Rachel asked:
Please no replies unless you can really help with the question.
Not my primary residence.
0 votes 0 Answers Share Flag
Thu Jun 20, 2013
Chastity Ortiz answered:
I am looking for a 2 besroom apartment or house for rent for maximum rent of $1200 a month in Atlantic City or Absecon area. I need a place that accepts TRA.
0 votes 4 answers Share Flag
Tue May 15, 2012
Annette Levinson answered:
Are you buying your future in laws property? Are you buying residential or commercial?
Your fiance's income cannot be use for a mortgage until their FICO is 640.
You need to speak to a mortgage officer that is only working for you. Together you can figure out what you qualify for and what you are comfortable with. ... more
0 votes 4 answers Share Flag
Sat Aug 28, 2010
Jerry Barker answered:
Only if the bank that holds the home equity loan is willing to subordinate, and if the new mortgage company will allow it. Now if you can do a second home equity loan instead and use it to pay off the first mortgage then most likely yes. For more on that read this article title, is a home euity loan cheaper then a mortgage: http://www.suite101.com/content/is-a-home-equity-loan-cheaper-than-a-mortgage-a220606 ... more
0 votes 3 answers Share Flag
Tue Oct 7, 2008
Alan May answered:
Yes, typically the sales commission is negotiated when you get into big numbers like that... it's often in a stair-stepped fashion.

One percentage for the first mil.
a lower percentage for the next mil.
an even lower percentage for the next 5 mill
and a ridiculously low percentage for the balance.
... more
0 votes 1 answer Share Flag
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Financing in Atlantic City Zip Codes

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