If it not a commercial property, hell no, no shipping containers, or you would have to remove it and pay out some fines just to have it on your property, so if you are going to get it, do not tell and hope nobody will say a word.... more
Hello Almightysavo, there is no such thing but if your meaning a lender to pre-approve you with your social security income that is not a problem.
Do you have down payment and closing costs or do you need down payment and closing cost assistance programs? How much do you pay in rent and what is the maximum payment you are looking to achieve?
The purchase in 92107 zip code start from 410k for 1bd 1ba condo and up. You will need to be pre-approved to be able to know your purchasing power and how much you qualify to buy.
If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve any agent can email listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.
You will need to be pre-approved to be able to meet an agent to view and submit offers on any homes of your choice. Any agent can assist you once you have a pre-approval letter from a lender like myself.
Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
Credit Repair Advice At No Cost
ALL Loan Programs Available
24+ Years Experience
NMLS# 297251... more
CA has automatic and declared homestead exemptions to protect a person or family’s residence from certain types of creditors. The homeowner does not have to record any documents to receive “automatic” protection. There are some benefits to recording a "declared" homestead exemption. The topic is beyond the scope of internet advice, but you could ask your Realtor to provide you with an article from CAR about California homestead exemptions.
Hope this helps!... more
Any change in title could affect a future sale with respect to providing seller's title insurance to a future buyer. Sometimes title insurance companies will require an affidavit from the previous parties on title even if they have already signed a quitclaim. I would recommend that you talk to your current title insurance provider.... more
Sheryl did not answer your question regarding marrying somebody to qualify. The issue is yes you can marry somebody under 55 BUT will your new spouse ALLOW you to use their income to qualify you for a loan? Another issue is their credit. In order to qualify for a loan, lenders will use BOTH of your incomes AND BOTH of your credit scores. You cannot choose 1 person's income and choose the other person's credit score. It doesn't work this way.
If you cannot buy this mobile home, no big deal. Your life will move forward and you will have opportunities later on hopefully.... more