My husband and I are moving into my grandparents old farmhouse. The property consists of about 5 acres, two buildings and the house. The house needs some work and my husband and I are going to do this work, but my question is what are our options for this. The property is worth too much money for any one person to buy in the family, so my husband and I are living out there until everyone figures our what we are going to do. Should we get the deed transferred temporarily to my name so that we can get a home equity loan, and be able to have our own insurance company cover the house, or should we live there and make the repairs really slowly? Thank you
Posts Tagged ‘much money’
Moving into grandparents farm house while they are nursing home?
Friday, April 16th, 2010What is the best way for me to finance a new home A/C.?
Tuesday, February 2nd, 2010My bank was offering home equity lines of credit, but I have no equity so I don’t know that I would qualify for that and I really don’t need that much money, only 00-00. I read about Title 1 home improvement loans, but not sure if I would qualify or if it is the type of loan I would need. What are my options? I have a few maxed out credit cards already.
Wouldnt it be great if Obama pardoned all home loans that are over a year old?
Monday, November 2nd, 2009I think the US as a whole would be better off. Citizens would have more to spend on new autos to boost the failing auto markets, more money to spend on consumer goods to boost the economy,more money to save and put in 401ks etc.. The housing market, I dont think, would lose that much money either because Im sure they pay billions to foreclose and take losses on homes they sell at a discount because they were foreclosed on and they would still get new home loans and equity loans etc… anybody else feel the same way??
How easy or difficult is it to sell a used car privately especially when it is worth about 26K?
Sunday, October 18th, 2009I have a 2006 Honda Odyessy that I am financing and I want to use my home equity to pay it off and then sell it once I get the title. However, I don’t want to get stuck with it if I can’t sell it because I want to repay my equtiy line with the proceeds of the car. Do you think I will have a hard time selling this car? Do people buy cars privately for that much money????
The van is basically in showroom condition..
The Honda is worth 26K according to Kelly Blue Book under private pay. It’s an EX all leather power, etc…
Am I overreacting about my dad's poor parenting?
Sunday, October 18th, 2009Okay, so this is my situation. My boyfriend and I currently live with my parents in a nice home in a nice part of Long Beach. My "dad" is a very greedy person, he mainly only cares about money. Our house was payed off, but he took out 0,000 from the house and gambled it away at a casino; then less than a year later he took out more money, nobody really know what he did with that money, but we’re assuming the same thing. Now, we have 0,000 equity on the house, and he sold the house and we all now have to move to Moreno Valley where he bought a piece of **** house in full so he wouldn’t have to pay a mortgage anymore. Moreno Valley is not only very dangerous (infested with drugs and gangs), but an hour and a half away from my school and my boyfriend’s work. I’m currently 30 weeks pregnant, and about to graduate high school in August. My boyfriend and I are trying to look for a place to live (thankfully my mom is leaving me with ,000 to put down on a condo), because my boyfriend does not make much money and we will be struggling greatly. I thought that the best decision was to move to a state where the living cost is much cheaper, but they’re not going to give us a loan if my boyfriend doesn’t have a job. My parent’s are going to have about ,000 leftover from the house, and I asked my dad if I could have ,000 so that my boyfriend and I could get an apartment until he can find a job, but my dad said "i’m not giving you a f*cking penny!" Although that money is legally half my mom’s, I still had to ask my dad because my mom has no control over him and she already knew he was going to keep all the money for himself. My mom has tried to fix things, she even got ,000 from here mom in Italy so that she could send to the bank to lower the mortgage payments, and instead of sending it my dad kept it in his bank account and decided to live off of it, and it still somehow only lasted about 8 months. I feel very stressed out about this whole situation because my dad feels that he has no responsibility to pay for basically what I need to survive, although i’m 17 and still legally his responsibility. I just don’t see how my father could be so cruel to his daughter when I clearly need him to survive.
Fyi, i’m choosing college over getting a job. It’s worth struggling for a few years, rather than struggling for the rest of my life. I refuse to end up just like my father.
Is it possible for my grandparents to take a loan out to buy me a house if they already own two houses?
Thursday, September 10th, 2009I found a really sweet deal on a condo in my area at an unheard of price, the only thing is my credit is horrible so there is no way I can get a home loan on my own! I do however make enough money to pay the mortgage. My grandparents on the other hand have excellent credit, but not much money in the bank. They do own two houses, but have recently taken out equity on one of their properties to purchase a vehicle. My question is, is it possible for them to get an additonal home loan even though they are retired?
I have been given 35.000 .I have credit card debt and owe16.000 on a home equity loan I want to save some to?
Sunday, August 9th, 2009I would like to invest insomething but what or in a CD or stock any ideas I know it is not that much money so I am trying to be careful
Help with refinancing?
Saturday, July 25th, 2009My husband and i are about to refinance our home to get his ex-wife off the loan (she has signed the quit claim a while ago) anyway since we have to refinance I was wanting to take 30K from the equity to fix up the house.
well in my budget i have it so we pay the house off in approx 18-24 months. and i was wondering what would be the best way to refinance. I was thinking maybe a 5/1 Arm so it would give us a little cusion (for the uhhh ohhh moments)
Being able to refinace for the money would be eaiser to make one payment to the house then try and skrimp and save for the contractor. Plus people tend to live within there means and i am afraid if we dont get the money then we will not be able to do the house up nice. We can easily afford 2000-2500 every two weeks each.
I was also contimplating a simple itrest loan since we always pay early and make extra payments every month. (thats how i do my car~it will be paid off in december.
I am just not sure what is the best.
The tax deductions dont out weigh the fact that i am paying someone else every month.
And i dont have any credit card debt.
Well the thats sort of what i was asking is what would be the best option. Like stated priviously my husband and i plan to make hefty payments per month but i didnt mention that we want to live there till I retire. (he is 13 years my senior) What we want to do is put the money and house and everything in a living trust for the children in about 10-15 years but we will still be the executors till the unevitable happens. my question was what would be the best angle of attach for a mortage that we are going to throw that much money at a month?
I am a penny pincher 
Patrick~
I think you mis-read my question. I want to prepay. a 5/1 would give me 3 years breathing room. I am trying to find out if that is my best option though. I plan to have it paid off in 2 years. Why would i want to get somethign i cant pre-pay and why would i want to keep debt for so long?
Related ‘much money’ sites :
| Very Best PTC - Much Money Online Best PTC Offers you the world's best Paid to click programs around, handpicked an tested for you. muchmoney.co.cc | |
| WikiAnswers - How much money does an actuary earn Salary and Pay Rates question: How much money does an actuary earn? http://www.actuaryjobs.com wiki.answers.com/Q/ | |
| How to Save Money - wikiHow Saving money is one of those tasks that's so much easier said than done. ... How much money will you save, where will you put it, and how can you make sure it stays there? ... www.wikihow.com/Save-Money | |
| WikiAnswers - How much money does an electrician earn Salary and Pay Rates question: How much money does an electrician earn? Answer I am a third year apprentice making 5% of what a journeyman electrician makes. Here in ... wiki.answers.com/Q/ | |
| How Much Money Should I Save? You know it is important to save money each month, but how do you determine the right amount for you? ... Question: How Much Money Should I Save Each Month? ... moneyfor20s.about.com/od/ | |
| How to Calculate How Much Money You Need to Retire - wikiHow wikiHow article about How to Calculate How Much Money You Need to Retire. www.wikihow.com/ | |
| How much money can I save in my 401(k) plan? How much money can I save in my 401(k) plan? How much money do you currently have saved? ... What percent of your salary are you contributing to your 401(k) plan? ... bankrate.com/calculators/ | |
| Ultimate Guide to Retirement: Strategies for your IRA, 401(k ... Retirement savings strategies & advice, calculators to plan your retirement, 401K tips and more from CNNMoney.com ... How much money will I need? ... money.cnn.com/retirement/guide | |
| HowStuffWorks "How much actual money is there in the world?" Exactly how much money is there in the world? Learn how some have counted the amount of money that exists and why it's such a difficult task. money.howstuffworks.com/ | |
| How Much? Welcome to How Much Answers, your source for money answers to common personal finance questions spanning the topics of loans, credit, insurance, and investing. ... www.howmuchanswers.com | |