Posts tagged: Mortgage

What is the best website to buy property in DominicanRep, Cyprus& Portugal needing renovation for investment?

buy property

I have about 50K in pounds to invest, Where, when and what is best to invest in, I have access to expertise, barrels of enthusiam and that amount would be a completed price as I don’t wish to have a mortgage. Any useful property websites would be great. I am considering buying to rent and buying to renovate to sell.

Can I borrow money to buy property overseas?

buy property

Hi all you property hungry seekers out there!
I want to invest in buy-to-let property overseas but the problem is that I gonna have to borrow money for it. Is it possible to get a loan or a mortgage to buy property overseas? Few details follow: I am UK resident, EU passport, amount to borrow-about GBP 100 000. I rent in the UK but own a flat in other EU country. Possible countries to buy: Mexico, Portugal, USA.

Thanx a lot!

My fiance abandoned our 15 month old and myself can I sell his property?

sell my property

My fiance abandoned our 15 month old son and myself three weeks ago. He left me with the mortgage, day care and all other expenses. He also closed our account so I could not get to his check to get money. He has not supplied diapers nor food for our child and has never called to find out how our son is. He left behind tools and a very expense paintball gun that I helped him purchase the first of the year. Am I legally able to sell his property to support our son and pay bills? I live in Michigan

can you get a normal mortgage and then rent the property out?

rent property

can you do this with permission from the bank?
can you elaborate on this a bit more? is it hard to do? do the banks always agree to this?

Specifically, what if I take an owner occupant mortgage out and then rent the property to a tenant?

rent property

The taxes are in order for a renter, but I want to know what the bank can do? It’s not an FHA or gov’t loan. Best answer will go to the person that gives the most accurate info, links that would help if they also say what you say. Thanks
I was originally going to live in the property, but I got a new job and had to move. It happens to people all the time.

Can I sell our property without her consent?

sell my property

My wife and I are separated (she has literally left the country). She is on the deed/title but only my name is on the loan because she didn’t have a SSN.
I want to sell our property do I need her consent or can I sell it and remit the mortgage?

Can I sell a property with two names on the mortgage if only one of us wants to sell?

sell my property

I bought a house with my friend a few years ago and we agreed that we’ll sell it this August. He has changed his mind now and doesnt want to sell it anymore. Is there anything I could do? I cant really afford to buy him out.

Commercial Property Purchasing (Lease) Question?

lease property

Location: (Calgary, Alberta, Canada)

Questions:

1.) If I want to purchase a property. Would I have to pay the mortgage in full or can I put a down payment and then pay off the mortgage monthly?

2.) I I were too Lease. How does the rate work?
I assume the formula it’s MP=Sq-Ft(Regular+Additional Rate).
Excluding GST, & other costs.

Thanks for any informative answer.

BTW – I’m trying to open a small restaurant. but it’s seems very more expensive than what I thought. I’m hoping perhaps someone could give me advice before I see my Realtor next week.

What to do when everything breaks at once?

sell vacation home

Went on a vacation for a week came home, car needed brakes $578.00 Mortgage $670.00 and my tenants decided to move out. Electricity,GAs,INSurance,Water, Debt from credit!!! Cell died from water damage?!? called to TDY…military temp duty.. so no fast cash from work. School starts on the day I return no $ for books, I’m trying to sell o ut my rooms on myspace with a few bites. does any one have advice for some one who feels totaly overwelmed?????!

Should I sell my old house or rent it out if getting a new property? (UK)?

rent small property

I own a small, 2-bedroomed terrace house and plan to move to a 3-bedroomed house out of town. I would like to rent it out (so I keep it in my name). I am only interested in covering the mortgage and not making a huge profit. What would be a good solution and what are the easiest ways to advertise and get interest in the house. Is it worth it considering the usual pitfalls with being a landlord?

can you be unemployed and still buy property?

rent small property

My mother just inherited a property worth 800,000 and is thinking about using the equity to buy a second property is this possible ? she is currently unemployed but the property she inherited is rental property but the money for the rent end up taking care of small mortgage on the property.

How can she buy a second property?

In terms of capital appreciation and rental potential where is the best overseas market to buy property?

buy property

With property in UK so expensive I am thinking about buying overseas but not sure where.I am first time buyer and would like to rent property to help with mortgage and hopefully enjoy capital growth on the value of the house.Any tips /advice?

question about selling property in a divorce?

sell property fast

My husband informed me today that he has someone coming to look at our house to buy it. I knew we both agreed to sell it in the future (after he finnished some repairs) but I had no idea he was going to do so this fast. He flat out told me that he is going to take the first offer, no matter how much it is, as long as it equal to or high than what we own. The thing is, it’s worth two times what we owe, and i dont want to be ripped off. Since my name is on the mortgage too, he cant sell it without my approval or agreeance, can he?

I need to sell my property- should I auction?

sell my property

I bought a property over a year ago and have rented it out since. I have had so much hassle with tenants, I want out of being a landlord. However, with the housing markte the way it is, I am worried I won’t sell. It was on the market a few months ago and I had no offers. Does anyone have advice on whether this is worth doing please? I have a 90% mortgage on it, so I can’t accept daft offers.