Open Question: If we signed a contract to buy a house, but the contract doesn’t state “pending financing” are we able to ? Open Question: Could i make it happen?
Feb 28

Open Question: It’s a bit complicated mortgage question!?

Main Add comments
Me: I am qualified for 270K mortgage already. But like to buy a house around 300K ( capable of pay the mortgage for 300K) My Parents: My Dad is 63, conditional medi-cal reciepient. Oh! he also owe medical debt about 60K. My Mom is 58 and still working. Questions: I like to have my mom co-sign for mortage to qualify for 300K. But all payments will be solely paid by me. My Concerns: Can I make the title of house only under my name? Will the Bank allow to do that? Would that affect my Dad's medi-cal ? Could my Dad's debt will follows on the house? Any advices will be highly appreciated. Thanks

Leave a Reply



Real Estate news
  • Big Deal: Large Egos, Small Screen
    There is something emotionally charged about the buying and selling of New York high-end real estate. How else to explain the juggernaut of reality TV shows about high-end brokers?

    style=     >>>
  • The Hunt: The Hunt - Trading a Mountain View for an Urban View
    After 30 years of marriage, Sharon and Michael Newman decided it was finally time to move from the Catskills to New York City.

    style=     >>>
  • Living In | Kissena Park, Queens: Kissena Park, Queens/Living In - Flushing Has Its Very Own Time Capsule
    On blocks near Kissena Park streets are quiet, houses are small, and the electricity that charges the atmosphere in downtown Flushing is nowhere to be found.

    style=     >>>
Privacy policy