02-01-2013 07:06 PM
Nope, i cant take another 6 months in Oregon. I have to find a way to make it happen. Finding that house and getting it down was a hard enough job to quit.
I was wondering what would filling my credit cards up to pay it do for me. Its about $8,000.
It's going to bring your score down, significantly, because of high utilization as possibly lower the max home price you can afford. Do you have a retirement account you can draw from?
02-01-2013 07:27 PM
Maybe theres lenders out there who can add IR$ debt to a loan to cover IR$ debt.
Theres sure a market for it. They could charge a higher interest special mortgage plan.
02-01-2013 07:28 PM
Hey maybe i can offer a one time payment of $10,000 to get square rather than go on a $50 month payment plan. I owe roughly $15,000.
02-02-2013 05:10 AM
02-02-2013 05:22 AM
02-02-2013 08:13 AM
I have no 401K to draw from.
The house is $115,000
Income $29,000 annual
Property tax $1800 annual Insurance $1800 annual (sinkhole coverage)
I have an auto $235 month and $50 month in CC.
One though was pay off my car i owe $7500.
Then maybe i can get a personal loan to pay IR$.
02-02-2013 08:34 AM
02-02-2013 08:39 AM
02-02-2013 08:40 AM
I had $9,000 saved but the man is taking that and then some.
Im doing this for my 1st house and my Mother will be living with me. Cant add her because she is in a short sale and her credit is bad.
I was told i was OK on the DTI before the IR$ issues came up.
My Realtor says pay IR$ i should be fine.
02-02-2013 08:41 AM
Yeah that is what i was going to ask the LO if she ever calls me today. I wondered if they would add $10K to the mortgage.