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?
Jun-19-2009 01:08
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
Jun-19-2009 01:10
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?
Jun-19-2009 01:11
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.
Jun-19-2009 01:13
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.
___________________
Jun-19-2009 01:18
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.
Jun-19-2009 01:19
Omega_Blue
Someone Changed My Custom
Registered: Dec 2003
Location: Gone
no job, no credit experience = definitely no house.
Jun-19-2009 01:23
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
How can you pay for a mortgage when you'r on welfare?
Jun-19-2009 01:25
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
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
Jun-19-2009 01:26
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?
Jun-19-2009 01:27
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
