we have excellent credit: 791 and 761our house just appraised at $1.1million and has $417K fixed 5.25%mortgagei am self employed and always have gone stated income.are there any banks doing stated income lines of credit??

Do you have good cash reserves and credit that would allow you to actually fight this battle?

Once escrow is opened, both buyer and seller have to authorize any changes in escrow instructions.Typical seller paid items:Deed preparation; existing mortgage and accrued interest; transfer taxes; commission; title insurance; repairs based on termite inspection report.Typical buyer paid items:Hazard insurance; document preparation fees; survey; mortgagee's title insurance; credit report; loan origination fee; prepaid mortgage interest; discount points; Recording fees (deed and mortgage); termite inspection.

He did not offer a credit for me to fix anything.

Trust and creditability is what matters.

With the credit crunch there is a lot of evidence that things are changing.

Or the lender sold off the credit risk and a condition of the credit swap restricts what can done when it comes to loan term modifications.The Sec of the Treasury was highlighting this on CNBC a few weeks back.That said some lenders do control their loans so they will strike a bargain.

Prospective tenants will tell all kinds of stories as to why they have 10 credit cards, all of which are run up to the limit, and none of which are current, or why they ended up getting evicted from their last apartment.Do we have the cure for cancer?

REI w/bad credit... ie IRS tax liens?

The credit crunch has created ripples far and wide.