Real Estate

http://realestate.yahoo.com/Washington/Seattle/1217-39th-ave-e:a8ed8a628d5310a3e99fbc1b303589f1;_ylc=X3oDMTEzMmVzOHJkBF9TAzI3MTYxNDkEc2VjA2ZwLXB1bHNlBHNsawN5cmUtcGRw
I mean the walls inside of the house; living room, etc.

If you can afford that house I’d guess you could afford to repaint if you don’t really like the colors.
Happy house hunting.

I helped my daughter purchace her first home. After one year she was unable to continue making her mortgage payments. We tried to get a loan modification but was denied. I reviewed the contract and noticed that the lender did not sign any of the documents.

The contract of sale would be signed by buyer and seller- not by mortgage company. Even if some of the contract paperwork is not binding for some reason- the fact that your daughter signed the closing documents shows that she was OK with what had been agreed.

If you are talking about loan documents that she got at closing- she may have gotten copies that were not yet signed by mortgage company at closing. She could have gotten copies later that had signatures- or the signed ones may have been sent directly to county. It is possible someone made a bad mistake- but not very likely. You would have to hire a good local real estate lawyer to get a good idea.

I spoke to a realator who refused to show a home until after I get a loan from a bank. But he said that a bank would never give a home loan in such a small amount as 50,000 dollars or less? Is that true? and if so what kind of loans are people getting to buy forclosures or do you have to have 100% of funds for cheap homes on your own?

Your Realtor is wrong. There is no problem from most banks to get a $50,000 mortgage loan. However, it is a good idea to get pre-qualified by a bank or mortgage lender, because then you have a leg up in making an offer to a seller. Foreclosures are usually bought at auction and you need a cashier’s check for the full amount to participate in it. In such a case you may subsequently be getting a loan on it from a bank.