Princeton New Jersey Real Estate

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Princeton New Jersey Real Estate

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Resolved Question: 100 percent financed mortgage, how does it work?
I would like to know what type of credit score you would need to qulify for a 100 percnt financed mortgage.Also how much income is required. Does anyone know what mortgage payments would be on a house that is $229,000 to $249,000?How do you go about getting something like that. Are companies you see advertised to get you a mortgage like that with bad credit reliable, or will banks give you a mortgage like this.
I live in Toronto,Ontario and would like advice for this and surrounding areas.

Open Question: What is the next step in my personal financial situation?
I am 28 years old. I have no credit card debt. I have $18,000 in a high yield savings account (5%). I have $2200 in Mutual Funds (made 10% so far YTD). I have $12,500 in my 401K. I own a house in Texas that I currently rent out. The rent pays for the mortgage. I rent in California and cannot buy as I am here only for a short period of time. I save approximately $1500 to $2000 a month. Where should I put this money? More mutual funds, high yeild savings, 401K, IRA or other? Do I have too much money in the high yield savings account? I am willing to take an above average amount of risk but nothing on the crazy risky side! Need some financial guidance world…please help! I know I’m not doing too bad, but I know I could be on my way to financial freedom in the future with some right guidance. Thanks!

Resolved Question: Rebuilding Credit?
I am in the process of rebuilding my credit. I currently have 2 credit cards Capital One & HSBC both 300 lines. I have a mortgage on my condo haven’t been late in 9 months - paid off all collection accounts and no recent bad reports on my credit. However, my scores are 570, 572 and 634 ………what am I doing wrong? Will I ever see all scores over 675 this year?

What kind of 55 plus communites are there to choose from?

Real estate tips from Keith Carberry of RE/MAX. From the real estate FAQ or frequently asked questions of “It’s Time to Move Up”. For more information about the show, please go to www.itstimetomoveup.tv. For more information about Keith Carberry, please visit his website at www.carberrysoldmyhouse.com.

Author: rubenbaustria
Keywords: real estate mortgage home house sell buy rent faq frequently asked questions keith carberry
Added: June 23, 2007

Resolved Question: How do I switch homes/mortgages with a family member?
I have a small home at the shore with 29 yrs left on a $207,000 mortgage (est worth $280,000). My Aunt In-Law has a large home (est worth $300-500,000). She wants a small home at the shore - I want a large home. Seems like a match made in heaven but we are unsure of how to go about switching. Due to a recently failed business I have no saving, very bad credit, just enough income to pay my current mortgage, and have already been turned down for refinancing or the possibility of a new mortgage. I would guess since she has lived there all her life she owes little to nothing on her mortgage, and I know her income is basic. Her nest egg is the equity in her home. We thought about having her hold the note on her house with a “rent to own” deal but that still leaves our mortgage. A realtor said to sell out right to each other but without the ability for us to get a new mortgage we wouldn’t be able to afford her home. She doesn’t want to lose her equity either. Any advise?

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