Re: Need Help: Bad Credit , Good Credit ?? - Posted by Tim Fierro (Tacoma, WA)
Posted by Tim Fierro (Tacoma, WA) on April 04, 2002 at 24:57:00:
If she buys it, don’t get a loan that says she has to live in it for 12 months. That is if you are going to go through with l/o’ing this house and move onto another place.
Talk to a broker first though and ask if when you get married, with both incomes and your credit histories, can you refinance instead. It might be cheaper to refinance and then l/o the house.
The point, check both ways in case one way saves you money for your purposes of what you want to do with the house, and the money gained from it.