I have very good credit, and my debt to income ratio is about 22%. What are my options for financing a new addition to my home if I only have about 25% equity in the home? Is there such a thing as a construction loan for new additions?

I live in Colorado and plan to purchase a home. Before I move in, I'd like to add two bedrooms and a bath. What's the best way to finance this all at the same time?

This is stressful and I realize it is their decision. However, my father has health issues (therefore, the bedroom/ bathroom addition to the first floor as well as kitchen remodel) and they do not have much in savings. It is appearing as though ...

I currently own a home worth $100,000 but my mortgage is $117,000. We had a new addition to our family and have well outgrown our 2 bedroom town-home. We were preapproved for a $240,000 home. I am wondering if a bank would give us a loan for a $...

I've recently disputed several things on my credit report in addition to paying a few large loans completely off (ex; $25k student loan - paid in full). I also have enough money saved to provide a substantial deposit/downpayment. I am a ...

I signed a purchase agreement in January, and wasn't to close until June. A change of circumstances has come up which, unfortunately, makes it impossible for me to live in the house. I contacted the realtor and explained the situation to ...

My husband and I are 30 and 31 and have 3 kids. We've owned our home for 7 yrs and owe 65K plus a 40K equity line. We have no other debt except our 2 car loans. Our house is now worth at least 130K as is. We are having plans drawn up to add a...

I've wanted a pool forever and considered selling or renting my home to get a home with a pool. I know they can be a pain and expense in terms of upkeep, so please don't respond telling me what a waste it is. I've decided to keep my...

My girlfriend and I would like to purchase a traditional, 112 year old, single family home in a historic St. Louis City neighborhood for $125K. It is a bank owned property that needs work, but is surrounded by an entire neighborhood of historic ...

Thanks for your overwhelming responses. I didn't think I would get that many positive and polite responses??LOL Anyway, let's clear the air...... The pictures were NOT for my creation but was a display by another vendor(the company who...

I have a 1994 mobile home on a big corner lot in PA. The mobile is anchored to a permanent cement slab and the axels and tires were pulled. There is now an addition so it looks more like modular, double wide,, not sure of the correct wording. ...

Could someone tell me what steps to take in this situation? Our home is currently appraised at $150,000. We've only built up $10,000 in equity. We are interested in building an addition on to this home - I estimate this would cost about $35,...

I'm looking to build a second floor onto my home. We just bought the home in November/December of 2006 and have only made minor improvements and a full kitchen remodel. We got a great interest rate on our loan and don't want to ...

I'm starting a home office and need a finance/accounting package that can help me track paypal accounts, multiple currencies and money owed to me in addition to the regular accounting needs.

I have a couple questions. First, I got a 5 yr interest only loan (80/20 100% financing) in September 2006. I live in El Segundo, California. (Westside of LA) I purchased my home for $740K. Zillow and other 'rough estimate sites' have...

I remember a few years ago that homeowners could borrow up to 125% of the value of their home. Of course that came with strings attached. Most of these lenders were skimming around $5000 off the top and calling them "fees". Lenders ...

I have imperfect credit (score of 650) but a co-signer with excellent credit...Is this possible? I am a first-time home buyer and the price for the condo is $115,000 in NJ. Would it be a better option to have my co-signer listed a primary for a ...

My brother is conservator of my other brother. He sold my brother's house and took the money for himself and fixed up his own house. While he put an addition on his house he also put my brother in a "group home". I have gone to ...

My husband and I have recently decided to purchase a home. We found exactly the home we are looking for, but we need extra money for repairs. We've spoken with all of the local lenders, and no one can allow more than the amount of the sale ...

I am considering refinancing my home. My two year ARM is about to expire. I am thinking about getting an interest only loan and making "principal only" payments in addition to the scheduled "interest payment". This should ...

You are building a new home and are considering whether to install a solar heating system in addition to a normal oil fueled boiler. The additional costs associated with the solar heating system are as follows Materials €4350 Labour €...

I was laid off last year and never found new permanent employment. I sold my car and racked up credit cards trying to save my house. 10 months passed and I was unable to keep up with mortgage(s), and just ended up foreclosing on the home. Now I...

A few years ago my mother fell prey to a predatory lender. Her mortgage was bought by several companies and finally landed with IndyMac Bank. About a year ago her mortgage reset, making her monthly mortgage out of reach. To complicate matters ...

Assume that the flood plain is river/creek and designated as AE. Assume further that new construction can be a brand new house or additions/remodel to an existing house that is entirely in the flood plain.

You wish to purchase a house for $200,000 with 20% down. You will have it financed over 30 years at a rate of 8%. In addition, your yearly real estate tax is $4,800 while your monthly insurance payment on the home will be $30. What is your ...

Hi , I have a luxury property in MESA,AZ .It is a custom earth sheltered home and majority of it is underground.It is horse property .But the realtors are not very much interested in marketing it and getting it sold as it is a rare kind of house ...

We are renting the home for 36 months untill the amount of home is paid off and then we are signing the house into there name, does this contract fit that purpose? LEASE TO PURCHASE OPTION AGREEMENT 1974 Laurentian Mobile Home ...

I am the tenant/buyer and have a written Rent to Own Contract dated 2/07 -2/08. My landlord verbally extended the contract when I asked him if he was going to make me move because his primary residence was being foreclosed on. He and his wife ...

My husband and I were trying to get our finances in order to purchase a house in the next 6 months. We are paying off a few small loans, all totaling around $430 debt per month. We have another $1000 in debt in addition to the $430. We were also...

For about a year,Frank Poppa has been operating a hot dog stand in the parking lot of a major discount retailer in a suburban area.The stand appears to be a pushcart but is actually a small trailer that is towed from home each day.Frank cleverly...