credit is terrible!!! fico 500, and you are sitting on a property with substantial equity, how do you borrow?
December 172010
I have a property. I am a real estate investor. I also am a house flipper. I got in over my head this last year. Properties that had $100k equity now properties are worth $100k less. One property is inelastically demanded and is worth twice what I owe. My credit was close to spotless until the market turned. Now credit is terrible, only over last 6 months. The one property that I have left I am completing the remodel on it and will be done shortly. Presently am cash poor, but have alot of equity and this one property everyone wants. Will move very fast if I put it up for sale. Prefer to keep it, but credit is messed up. Do not want to get a loan that is not favorable. Would prefer to do a complete remodel on interior of property. Summertime, being property is waterfront and beach… will be improved would be a better time to move it. However due to properties uniqueness, would enjoy keeping and making it into dream home. How do I get financed at a good rate and get money out to remodel
With a 500 FICO score you’ll only get a decent loan under a home equity loan/2nd mortgage. Otherwise, an unsecured loan based on a 500 score isn’t going to happen….or if it does it will involve horrible terms and interest rates.
Come and enjoy this beautiful Florida waterfront home for sale. This home has 3 bedrooms and 2 1/2 baths and is located very close to the Hillsboro Inlet. Pompano Beach Real Estate has some of the finest Florida waterfront homes for sale. Come and enjoy a Florida waterfront home. For this and many other Florida waterfront homes for sale and a Florida Realtor, please visit http://www.anthonyjmiller.biz
BEAUTIFUL NEW CONSTRUCTION WATERFRONT HOME ON THE WEST COAST OF FLORIDA FOR SALE. PERFECT FOR A VACATION HOME, ESPECIALLY FOR BOATERS. THE HOME SITS ON GULF ACCESSED CANAL CLOSE TO EVERY AMENITY FROM RESTAURANTS, CINEMAS, THE MALL, PARKS, LIBRARIES, POLICE STATION AND MANY MORE. THE OWNER WILL ACCEPT MOST FINANCING AND IS OFFERING A GREAT DEAL THROUGH OWNER FINANCING. OVER 2600 SQFT OF HEATED LIVING AREA WITH OWNER IN THE PROCESS OF RENOVATING TO INCLLUDE ADDITIONAL 2000SQFT. 4 BEDROOM, 2.5 BATHROOMS, OVERSIZED 2 CAR GARAGE, ADDITIONAL FAMILY ROOM, DEN AND GAME ROOM.
Garrigan & Assoc. Realty, Inc. Call Debbie Garrigan & Bridget Breland for more details 727-942-1111. Better Homes & Gardens on the River… this captivating riverfront property is situated on a secluded peninsula among twenty-nine shade trees on the Anclote River. This property features its own private park take a stroll down winding brick paver pathways among lush tropical landscaping, tiered stone walls & mature shade trees. Relax and unwind on charming brick & cedar sitting areas overlooking the free-form PebbleTec pool & river or jump in your boat for a short & scenic ride to the Open Gulf! This property comes complete with a dock and boatlift! Situated 14 above sea level, this delightfully updated four bedroom plus office, three and one-half bath home features ‘charm you can curl-up-in’ with a cozy family room with fireplace and a spacious great room. Warm and inviting, the fabulous open floor plan features shimmering wood floors, 14 high ceiling peaks and floor to ceiling glass across the entire rear of this riverfront home. Views of this park-like paradise & the river beyond are breathtaking and nine foot sliding glass doors open to the 12 x 48 brick, screened lanai complete with koi pond. The kitchen features Kitchen Aid stainless steel appliances and an eat-in area overlooking the tropical back yard and river beyond. The built-in buffet in the dining room makes entertaining a breeze. Inspired private office with fabulous views and access to the tropical back yard.
Andover – Lake Norman Gated Waterfront Private Community Home For Sale. www.YourCharlotteLuxuryHome.com
View http://www.1665GoulartRanch.com for detailed information. Marketed by Melodee French of Coldwell Banker at (916) 834-9773. 1665 Goulart Ranch Road in Newcastle Loomis Placer County CA California is a stately custom luxury home overlooking a beautiful pond and trees. This approx. 8350 square foot home offers 6 bedrooms, 4 full baths and 3 half baths, and provides grand living with soaring ceilings, spacious rooms, substantial crown moldings, oversized baseboards, walnut hardwood floors, 4 fireplaces, beautiful chandeliers, wall sconces, and European vanities in all baths. Enjoy separate bonus/theatre room, office, children’s playroom, gourmet kitchen, separate living and dining rooms, and master suite. Situated on 4.6 acres, this property has a beautiful pond, outdoor post lighting, willow trees, amphitheatre, and room for horses. A 4-car garage has room for a motor home or large boat. real estate home homes for sale custom luxury property on waterfront acreage horse property
Edward Sanford has long ties to Old North Wharf on Nantucket. He and business partner Greg McKechnie show us the cottage Peru, which sits on Nantucket harbor.
Out in the Boonies on a Lake !
Stunning Custom Design Lake Norman Luxury Waterfront Home in Cornelius, North Carolina.