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Marion Said:

Looking to buy my first home. Help?

We Answered:

I don't know what the real estate agent is showing you. Your agent has no idea as to what you are qualified to purchase.

Some will tell you that you would need a better credit score. There are lenders that will approve your mortgage loan application.

About your serious relationship, make some type of contract about the division of the property if something falls apart in this serious relationship. It is too late to mention or try to enact an agreement when the fingers are being pointed and the yelling start.

Buying a house is a step by step process, this is the first step you should take in order to purchase a house. The rest of the steps will fall in place, no matter the type of property you are purchasing.

In order to find out the type of loan programs you are qualified for you will have to fill out a loan application, with a mortgage broker, which you can find one in your local telephone book.

Make sure this mortgage broker or mortgage banker is able to do government loans such as FHA and VA loans if you qualify for one.

He will fill out this application, which takes awhile so grab your favorite beverage and sit down. Once you have completed the application, he will run your credit report which will have your credit scores. These credit scores will determine your interest rate.

The amount of your monthly debt payments you are required to pay as per your credit report and the amount of mortgage you can take on based on your income will determine the amount of house you will be able to purchase.

When you speak with the mortgage broker you will need the following documents to complete the loan application, there will be others, but this will get you started.

#1 One month of pay stubs for each person that will be on the mortgage.

#2 Six months bank statements from each bank in which you bank as well as statements from any 401K from you place of employment.

#3 Two years of federal income tax along with the W-2 that match.

Once he has all that he need to do he can then issue you a pre-approval letter so you can purchase a home. In this pre-approval letter will be the amount of house you are qualified to purchased.

Once he gives you this pre-approval you may now find a real estate agent to find yourself a home or he might have a referral.

Now make sure before you get your pre-approval you and your mortgage broker go over all your options as to the mortgage programs you qualify for, the interest rate, monthly payments.

If you are getting a FHA, fixed rate, two loans to eliminate PMI like an 80/20 or one loan, if you are qualified for and approved for a 100% loan.

You should select the loan that best suit your financial condition at the time. That could be an adjustable rate loan. It could be a fixed rate loan for 5 or 10 years and then adjust. Some adjustable rate mortgages only adjust once.

Make sure your mortgage broker explain all your options so you may make an intelligent decision.

What might be good for one person might not be good for you, in other words just because your friends and all your real estate buddies are telling you about the great fixed rate they got, your financial situation might call for something else.

So select the best option for you and your financial situation.

You should also get a Good Faith Estimate (GFE) which will indicate the cost you will have to pay for getting this loan. It will also indicate the amount of your down payment.

Once you have found a home the real estate agent will then prepare a contract for you and the seller to sign.

Your mortgage broker will now order an appraisal to show proof of the property value.

The mortgage broker might ask for additional information or documentation, don't get all up tight this is normal, just supply the information or find the documents needed.

After the appraisal has been completed you will be called by your mortgage broker to sign your loan docs so you can take possession of your new home.

Before signing any loan docs make sure they say exactly what you and your mortgage broker went over when you decided on what mortgage program was best for you.

I hope this has been of some benefit to you, good luck

"FIGHT ON"

Walter Said:

i dont have medical insurance can i buy flagyl online

We Answered:

no you can not buy flagyl without a prescription, but they do sell over the counter medications for yeast infections--monistat etc

Walter Said:

Where can I buy medical supplies to have a home artificial insemination in Flint Michigan?

We Answered:

Artificial insemination is not going to help you unless you've found a surrogate mother for the child. In order for you to become pregnant, there has to be an egg available; that egg is what is blocked behind the filshie clip.

Sorry, Honey, but I think only a surrogate mother will work. If you have a very, very close friend, or find a way to recruit informally, so that it does not cost too much, then (don't laugh) the necessary function can be done with a turkey baster! (Or you could be generous and give permission for it to be done the old-fashioned way.)

Amy Said:

Should I buy car insurance on-line or by an agent?

We Answered:

Go through the agent. The price should not be higher because you go through the agent. If you buy it on line, you may not get the homeowners discount. Buying it on line may end you up with the same agent anyway since they would assign it to an agent near you. All State is a decent company

Audrey Said:

Need to buy my first car but can't buy insurance before seeing the car, what do I do? Please help...?

We Answered:

If you see a car either private or garage, take the details down, Reg, Make, Model, Engine size/type and tell the seller you will have to check out insurance costs.
If you really want to buy the car, tell the seller, you want the car and could they bring the car home for you.
Failing that, get a mate with valid car insurance which "allows them to drive any motor vehicle, not owned by them, with the owners consent".
They could drive it home until you obtain insurance, but ensure the car is taxed AND has a valid MOT.
The wise thing to do would be to buy the car from a dealer, have them hold it for you for a few days until you obtain insurance. Most dealers will usually hold the car for a few days for a safety check and to verify your details anyway.