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tiggerlgh

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Everything posted by tiggerlgh

  1. What’s the estimated value of the hose? This will be a non owner occupied purchase so they may require more down. I would talk to some local brokers on your options.
  2. Then it won’t hurt your score. FICO likes to see an open installment.
  3. That doesn’t mean they are out of SOL. If in SOL they can sue for a default judgement. Charge off is just an accounting term.
  4. What is SOL for your state. I wouldn’t poke the bear until past SOL. If they kno you can pay why not sue you and get the full amount due vs a small percentage?
  5. Do you have a copy of whatever draft you used to pay? That would be dated. If so you can disputes based on the CRA showing incorrect payment history and use the date of the draft as evidence. I am a newbie but that would be logical. Also if you have a copy of the post mark. I certify almost everything now days. Sent from my iPhone using Tapatalk They won’t use the date you put on a check as date of payment. When you mail in payments you need to account for time in mail. Marv is correct and the expert here.
  6. I would be hard pressed to accept a NACA offer for my house or townhouse. If I did I would definitely not give the buyers incentives or be as flexible on price knowing the deal will take much longer than other offers. The one story here on closing in 68 days is an anomaly. Most either give up as it takes too long/can’t get a response or closing is much longer than 68 days. The average days to close on a house is ~50 days. I agree it’s a great deal if you can get it.
  7. Yes he owes you that after you pay him $180k. That is where his leverage is for you to pay. I am saying I won’t be shocked if he doesn’t want to lose that. Just looking at both sides.
  8. What do you have in writing? This whole deal seems strange. Again him not doing it isn’t robbing you. It’s ensuring he gets paid prior to giving you anything.
  9. Title Company is out of it. Work this out between yourself and whoever you owe the mortgage to ( who you make your monthly payment to). Don’t be surprised if they say no. The opposite side of you wanting your 30k is they want their 180k or 150k. They have the greater risk here. Hopefully you have the side deal in writing.
  10. Don’t be surprised when Lexington Law does more harm than good!
  11. How much are you putting down. Many of those sites assume 20% down,
  12. I can’t blame the banks for doing this. They are the ones who have to eat the losses and are trying to minimize them. Mine usually text if a suspicious charge comes through. But it’s why I always carry extra cards.
  13. Are you 30 days late yet? If not pay it off today. If charged in May you should be okay. Then set up an automatic payment for min amount due on all cards so it doesn’t happen again.
  14. Many banks shut you down after a bounced payment or check. There are a ton of posts on here about it. They didn’t have to pull your credit you are over your limit and bounced a check. They are minimizing their losses. Good Luck to you! If you can I would wait on another card and pay off what you have. Then we can talk about rebuilding and getting more cards.
  15. Why do you need a card right now? Who are your current cards with?
  16. Yes you can get a FHA mortgage one year post BK but it’s very rarely granted. But the option does exist. I wouldn’t count on that though.
  17. I had a cable company inquiry on the day of closing.m it delayed. Nothing just another quick LOE and the account was funded. Not all apps delay mortgages even at the end.
  18. Why are you comparing the laws, rules and regulations of TODAY with 10 years ago? You think NOTHING has changed? You could also easily argue that the lending practices that led to the mortgage debacle 10 years ago were done in the interest of the type of "fairness" you are discussing that instead of being color blind, does the reverse of discrimination. I have highlighted where YOU quoted another poster referencing the "boom years" ask him why he introduced what happened 10 years ago to the discussion and that will have the answer to why I referenced the laws and regulations from that period. There is NO evidence that the discrimination being claimed in the article exists today. Zero, nada, zilch! Provide proof. Your proof is below. What is your basis for disagreeing with the Department of Justice? Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Tuesday, May 8, 2018 Justice Department Reaches Settlement with Minnesota Bank to Resolve Allegations of Lending Discrimination The Justice Department today settled its suit against KleinBank, resolving allegations that the bank engaged in lending discrimination by “redlining” predominantly minority neighborhoods in and around the Twin Cities of Minneapolis-St. Paul, Minnesota. “Redlining” is a term describing the illegal practice in which lenders intentionally avoid providing services to individuals living in predominantly minority neighborhoods because of the race or national origin of the residents of those neighborhoods. As part of the settlement, the parties have agreed to jointly seek dismissal of the lawsuit, which the Department filed in the U.S. District Court for the District of Minnesota in 2017. The Department’s complaint alleged that KleinBank violated the Fair Housing Act and the Equal Credit Opportunity Act, which prohibit financial institutions from discriminating on the basis of race and national origin in their mortgage lending services. The lawsuit alleged that, from 2010 to at least 2015, KleinBank engaged in unlawful redlining in the Twin Cities area by intentionally avoiding providing lending services to residents of predominantly minority neighborhoods because of the race or national origin of the people living in those neighborhoods. https://www.justice.gov/opa/pr/justice-department-reaches-settlement-minnesota-bank-resolve-allegations-lending I said it could happen at some very small banks and CUs but not consistently at the major banks. I lived in the Twin Cities for years and have never heard of KlienBank. It has to be tiny.
  19. Ahh then who knows what to their requirements are. Any update?
  20. No she was denied as she didn’t have consistent income. To count a second job you need to be there 2 years I believe. This article does not say how long after getting that job she reapplied. But if it was soon the income would not count, period. This is standard UW and does affect DTI. As for back door numbers those are not for mortgages. Let’s not confuse products here.

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