Sunday, December 30, 2007

Open Question: I want to own my own home, but make minimum wage how do I do it?

can I get a mortgage on an already paid for house, or would I refinance although I did not have an original mortgage.

Open Question: To sign or Not to sign the land lease, serious legal question.?


We live in a really creepy area. We ended up here after we lost our home to Hurricane Wilma. Well we have taken the long haul and are now trying to purchase a home and get out of this drug infested Paytons place. This is the problem, we own this mobile home. We don't own the land we pay lot rent. We can't sell it and are not worried about it we are going to abandon it.
The landlord and the law require us to sign a lease 01/01/08. I will not be sure if my loan will be approved till 01/04/08. I can avoid signing the lease till 01/05/08. Make it a whoops I forgot kind of thing. If it does go threw I don't want to sign the lease nor do I want to pay that month's rent. I am afraid to start packing, because I don't want to unpack bla,bla, bla...but on the other hand I am going to need time to pack too if it does go threw, about 3 days. In the event the loans goes threw should I avoid the land lease and forget the rent? What options do you suggest? The landlord is a real jerk personified! We live in Florida. I am afraid if I sign it I will be bound to it. I do know if I don't sign it he will start eviction. If it does go threw should I just avoid the whole office thing till closing pack and let them worry about the empty Mobile home and write a letter to the courts? I am lost and need expert advice.

Open Question: I want to own my own home, but make minimum wage how do I do it?


I make minimum wage (6.58/hr) but i wan to get out of my apartment. I want to own a home so I never have to move again, but I really don't want to borrow money. Or loans. I will if I have to. Can someone help?

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