Bronchitis Treatment

What at home anti ageing treatments do you swear by?

I love having little at home pampering sessions.
I hate spending loads on beauty products so i prefer to make my own stuff at home and its fun!
Do any of you know any at home anti ageing treatments. I have heard an olive oil massage is good. What else?

Many thanks in advance.

Answer 1:

aloe vera. plant a aloe vera in your kitchen garden, it doesnt need much caring and grows well in any climate. break the stem and use the gel which starts pouring out, apply on face and neck.

Answer 2:

sex

How can i get a home loan with bad credit?

My mom has passed and left me her home, only problem is she had a reverse mortgage on the home. My fiancee and I live in the home and would like to stay in the home. How do I keep the home?

Answer 1:

Was the home paid off prior to the reverse mortgage? Do you have a decent amount in savings? If so you may be able to just pay back the reverse mortgae, if nto you'll have to refi for whatever is left on the loan. Check out loanhomeonline.com/findamortgage. I dont have the best credit so had to shop around but taht site helped me find my b of a loan.

Answer 2:

no

Answer 3:

You don't unless you buy it from the estate or the lender. Reverse mortgages are dicey, and people really should only use them in desperate times when they are very, very old.

Answer 4:

With bad credit you most likely don't.

Answer 5:

Not sure what RetiredDebtFree's point is. The person in this case took a reverse mortgage and I'm sure it helped them have a better quality of life until they passed. It worked exactly as intended. Reverse mortgages are not about what happens after, they are about improving the quality of life for seniors and allowing them to spend their equity while they are alive rather than leaving it for someone else to enjoy; they are 100% safe. The person asking the question is not the one that took the RM; It's unfortunate that the surviving family does not have the credit required to obtain a mortgage to secure the house, but that has zero to do with a reverse mortgage.

As far as what to do to get a mortgage, if you have bad credit; get your score to a 580 to get one with a not so great rate, 620 to get a fair rate, 680 to get a good rate and 740 to get the best rate.

Answer 6:

Perhaps there is a family member who will pay off the reverse mortgage and hold the financing for you. Otherwise, you will need to leave. People don't get mortgages with bad credit in this economy.

Answer 7:

let me explain a little bit of what a reverse mortgage is. It is still a loan, however, your mom did not make payments on the loan. So, that loan needs to be paid off. If she had mortgage insurance and it covered death, then the loan should be paid off by the insurance. However, there is still the issue of you becoming the owner. Did she put you on the deed of the house? Did you inherit the house? If the answer is no, then what the bank will do is sell the house to get their money back for the loan. You can then buy the house, since you have bad credit, I don't see that happening. The other option is whoever buys it could rent it out to you. That is about it. Honestly, I'd start packing. Sorry.

Answer 8:

Lenders look at bad credit ratings negatively when applying for a loan.
The only way you will definitely know if you will be able to borrow the money for the refinancing of your mother's properly would be to apply for a joint loan with your fiancee which may strengthen the application as she may not have a bad credit rating and the lender can then weigh up the pros of cons of the application and thus make an appropriate decision.
If the lender feels that you are able to adequately service the loan they will do a credit check on the application
and the process will go from there and they would then advise you of any concerns regarding the application or what the next stage of the application process will be.
Good luck.

How can a purchase a new home when I have no equity in my current home?

I currently own a home and make my monthly payments without any problem. My wife and I make nearly 50 thousand more a year then when we orginally purchased our home. Unfortunatley the housing market has crashed and I have no equity in my home and my mortgage is probably more than what my house is worth. I need a bigger home. What options do I have?

Answer 1:

Honestly, the only thing you can do is save your money for the down payment. If you make $50K more than before, you should be able to save all of the after tax amount.

Answer 2:

1) Pay down your existing Mortgage until it's less than the (then current) house value ... this is better than saving (unless, by some miracle, you can make more interest on your savings (after Tax) than you are paying interest on the mortgage = in which case SAVE UP until you have enough to move).

2) Get a 'personal loan' to cover the different (NOT recommended .. interest rates can only go up from here)

Answer 3:

I fail to see a problem here. You're both employed, you're not at risk of default and you're not sure if you're underwater, which means if you are it's probably not by much. You've avoided foreclosure, insolvency, bankruptcy and all the other consequences of demanding a "bigger home", so why start making foolish decisions now? Have a garage sale and read some articles about using interior space efficiently. You'll be fine.

Answer 4:

Your only option if you want to sell it is to bring the cash difference to closing.

You won't get approval from a bank for a short-sale because your circumstances have actually improved and you want to upgrade the house.

Bank isn't going to allow that.

I would encourage you to get an appraisal before you assume that your house is worth less...not every place and every neighborhood was hit.

Answer 5:

You may purchase as many houses as you are qualified to purchase. It matters not that your current property is upside down or not. There are many people that purchase a 2nd home to vacation in,so that is not a problem, purchasing another house.

What do you plan to do with the current house you own? You have a few options as what to do, you may lease, rent. Most lenders will allow a certain amount of the rent as income, normally about 75%.

You indicated that your income had increased by approximately $50,000, therefore when you apply for your new mortgage your ratios should be ok, because your current mortgage payment would be included as a debt on your credit report, thus one of the factors in determining your ratio.

When applying for your new mortgage make sure you tell your loan officer that the new house will become you primary home and the current one will become a rental. This information will lower your interest rate for your new home.

There are many things you should do, but the first thing you should do is contact a mortgage broker that does VA and FHA mortgage loans and get pre-approved. This is the first step. Once you have your pre-approval then contact a real estate agent to look at house based on what you are qualified to buy.

You will need proof of income so have available pay stubs, w-2, bank statements and other items your mortgage broker will require.

He will inform you of what is necessary once you contact him.

This pre-approval will tell you the amount of house you are qualified to purchase as well as the interest rate, monthly mortgage payments and other necessary things you need to know about your mortgage.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"

How long after owning a home are you considered a first time home buyer again?

I sold my home in November 2008. How long do I have to wait from the date of my sale to be considered a first time home buyer again. Also is it from when you last owned a home or is it from when you last purchased your home?

Answer 1:

Three years for the tax credit. From when you last owned a home.

Answer 2:

3 years, if you know longer own the property. re

Answer 3:

I assume that you are speaking of the current federal tax refund for a first time home buyer. You cannot have owned a primary residence within the preceding three years to be qualified for that credit.

Your sale of your house is far to recent for you to qualify.

Answer 4:

you can not have had owned in the last 3 years.

Answer 5:

With regards to the tax credit, three years. In actuality, never.

Can a home seller help a home buyer with a down payment by paying rent?

Normally, if a home seller helps a home buyer with a down payment, the bank wants to know about it, and will count it against the home buyer when approving the mortgage. But what if the home seller agrees to rent the house back from the home buyer, and pay the rent in advance? Is that a loophole that lets a home seller help a home buyer with the down payment without having the bank count it against the home buyer when approving the mortgage?

Answer 1:

No, I assure you this scenario wouldn't even be submitted to the mortgage underwriter. It just doesn't fit.

If anything, it makes it worse because once you say "rent" will be paid and it's a single family home, the purchase becomes an investment property and all the rules change.

Very difficult to come up with scenarios like this to fool the experienced underwriter who's job is on the line. She's going to weed through every crack in the file.

If you have funds you can give a buyer, then the buyer should get an FHA mortgage where gift funds are allowed - depending on who is giving the gift. If the buyer needs more than a seller credit for closing costs and a gift for the down payment, then perhaps it's not the right time for him/her to purchase.

Whatever you do, make it legal so no mortgage fraud is involved.

Answer 2:

The bank isn't going to buy your logic.

Worse, you will create paperwork that looks like taxable income to the buyer.

Answer 3:

That would be legal according to mortgage laws.

Contract law and rental laws may differ depending on area.



The seller could also legally "purchase" a $5000 pencil from the buyer, prior to the home sale.

Answer 4:

I don't think so. First, when you apply for the mortgage you will not yet be entitled to collect rent since the seller is the owner. It also would put it into the category of rental property, which is not attractive to lenders right now. They'll want to see that any money you are counting on has been in the bank for a certain amount of time.

What you might do is a lease/purchase agreement for a certain period of time, say two years, with any portion of the rent being applied to the required down payment and/or closing costs. Not the price, because that won't show that you have contributed to the down payment.

It takes longer, but it is a way to home ownership. Just be sure to have a professional write the contract. Good luck.

Answer 5:

Your mortgage would then be classified as non-owner occupied which no mortgage companies are doing these days. It's considered rental property & rates are higher and so is the down payment if you do find someone to do the loan,.

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