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TranceAddict Forums > Main Forums > Chill Out Room > Buying a home with a mortgage
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jonSun
Supreme tranceaddict



Registered: Dec 2003
Location: Chicago CTA #77
Re: Buying a home with a mortgage

quote:
Originally posted by ********
Hi,

Things are coming together pretty fast, and I feel like it could almost be realistic that the purchase of a home with the assistance of a mortgage could actually happen very soon.

I'm just wondering anyone who has used a mortgage to buy a home, how did the process go for you?

So far I've spoken with some brokers, and the real estate agent is preparing documents to send to close the deal.

How exactly is the best way to close the deal? The agent is likely going to send legal documents with a closing date for the payment. What type of time frame am I looking at for the financer/bank to provide the funds to effect closing via the mortgage once the broker has approved the mortgage?

Just wondering as I'm very blind to this whole process, and *knock on wood, it actually feels pretty solid at this point.




Last week you were gonna buy a motorcycle but you were a lil short on funds. Now your buying a house lol

quote:
So far I've spoken with some brokers, and the real estate agent is preparing documents to send to close the deal.


Did you pick the home outta a book & say "Ill Take It" ??

When i purchased my condo I searched 5 months. Im supposedly closing on a house on monday & its been over a year that I have been looking. Buying a home is a long process & thats not including financing.

Also are you buying a forclosure? If you are.. Good Luck


anyways wanna buy some swamp land in florida?

Old Post Jun-19-2009 01:08  United States
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Slylee
love lockdown



Registered: May 2001
Location: Hollywood, FL

it's a great time to buy right now if you have cash.

getting financed is a bitch....have to have perfect credit/history...i mean PERFECT.


___________________

My soliloquy may be hard for some to swallow, but so is cod liver oil.
quote:
Originally posted by notelfreak
man i can't believe i tried to come off as responsible in that other thread, i am so full of shit just don't tell anyone

Old Post Jun-19-2009 01:10 
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MrJiveBoJingles
Supreme tranceaddict



Registered: Jun 2004
Location: U.S.

How are you going to finance the purchase of a house if you don't even have a job?

Old Post Jun-19-2009 01:11  United States
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tubularbills
Max Power!



Registered: Apr 2003
Location: Middle of fucking nowhere
Re: Re: Buying a home with a mortgage

quote:
Originally posted by jonSun
Last week you were gonna buy a motorcycle but you were a lil short on funds. Now your buying a house lol


for real man.

unless you have a steady job with steady income; don't buy a fucking house.

its idiots like you that caused the housing market to shit on itself cause you got a mortgage for a $500,000 house and you can't even afford a 2bedroom apt in the ghetto.

btw, i have two mortgages on two houses.

Old Post Jun-19-2009 01:13  United States
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pkcRAISTLIN
arbiter's chief minion



Registered: Jul 2002
Location:

if the bank get one look at your resume there's no fucking chance in hell they will lend you the money.

seriously, get a fucking job (that's stable and regular). no bank will touch you otherwise.


___________________

Old Post Jun-19-2009 01:18  Australia
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Domesticated
Supreme tranceaddict



Registered: Feb 2007
Location:

I told you guys he would have a new project soon. Last week it was the mushrooms.

We need a stickied thread called 'The Adventures of ********' where he can post about his latest escapades each week.

Old Post Jun-19-2009 01:19 
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Omega_Blue
Someone Changed My Custom



Registered: Dec 2003
Location: Gone

no job, no credit experience = definitely no house.

Old Post Jun-19-2009 01:23  United States
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

How can you pay for a mortgage when you'r on welfare?

Old Post Jun-19-2009 01:25  Korea-Democratic Peoples Republic
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The17sss
C.R.E.A.M.



Registered: May 2008
Location: Charlotte, NC

try Detroit. Houses there are selling for $100 in some places. No, that's not a joke. lol

http://www.cnn.com/2009/US/06/17/de...omes/index.html

Old Post Jun-19-2009 01:25  United States
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Slylee
love lockdown



Registered: May 2001
Location: Hollywood, FL

there's bank owned properties 5 minutes from the beach in south florida going for under 100k


___________________

My soliloquy may be hard for some to swallow, but so is cod liver oil.
quote:
Originally posted by notelfreak
man i can't believe i tried to come off as responsible in that other thread, i am so full of shit just don't tell anyone

Old Post Jun-19-2009 01:26 
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Krypton
83.798 g/6.022x10^23



Registered: Nov 2003
Location: Texas

quote:
Originally posted by Slylee
there's bank owned properties 5 minutes from the beach in south florida going for under 100k


In lauderdale or south beach?

Old Post Jun-19-2009 01:27  Korea-Democratic Peoples Republic
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junkproject
Supreme tranceaddict



Registered: Nov 2003
Location: Irvine

quote:
Originally posted by The17sss
try Detroit. Houses there are selling for $100 in some places. No, that's not a joke. lol

http://www.cnn.com/2009/US/06/17/de...omes/index.html
Sheeeeeeeesh, that's my new crack house.

Old Post Jun-19-2009 01:27  United States
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