I am concerned that the new regulator that Bush appointed is going to overreact to the market and make it too difficult for the average person to acquire a mortgage.

That is what I am concerned about.

I like the idea of an lease option, but I'm concerned about putting a lot of money into repairs and trusting the owner to not get forclosed if he owes on the property.

Hello everyone, I am interested in any and all advice concerning property in Indianapolis, IN or Chicago, IL area.

I know they work extremly hard too save the borrowers home in many ways.

Then, with apartments you go from one extreme at market high end rentals to the other end managing Section 8 or tax- credit properties (can be a nightmare).

The bank will be more concerned with the debt service ratio of the property.

this would be considered extremely bad......

As far as the wet lands is concerned.

But I do know that if you keep your oldest credit card open to establish a longer credit history, and pay everything on time from now on, and keep your revolving credit line balances low, and don't open a lot of revolving lines of credit, you can have extremely great credit in about 5 to 7 years, higher than 741.