Friend ki illu konadaniki help kavali anta

[vikuba]

1 hour ago, TOM_BHAYYA said:

Ala kudharadhu bro.. urgent ga next week ki kothhintlo satyanarayana vratham cheyaalsindhe 

key chain undhi ani.. daaniki oka key untey baaguntadhi ani.. car koney keys vastayi ani... car kontaava?

ss vratam kosam illu konadam endhi bro?

interest rate hike aindhi already.. ipdu konantha maatrana..previous interest ki illu emi ivaru.

charukeesa is thinkin to buy house on his name aney concept edhaitey undhoo...adhi asal racha rambola matter

[just2deal]

18 hours ago, chaarukesa said:

Naku illu odhu bhayya investment kuda chesye udesam ledhu.

Vadu na score use chesi loan theskuntadu using my docs and he will pay the loan. Unoffically  he illu vadiki vadey konukuntunadu but na score using naku family ledhu kabatti vadu ok 10 months lo once manodi credit score bagupadaganey nannu illu vadiki gift laga imantadu and the loan will also be his responsibility from then. 

Indulo issues em osthai ? nenu proceed avala odha ?

There is no such thing as using credit scores..the home will be on your name and your will be responsible for mortgages

If he pays late ,misses payments or defaults..your credit score will be fcked and not your friend's

BTW..banks will not bother about the credit score..but credit history and his payments/fiscal discipline

or just ask him to get mortgage from a  subprime lender,who will not care for credit score,expect they charge high interest  and he can switch to another lender after his credit is improved

 

 

[chaarukesa]

1 hour ago, vikuba said:

key chain undhi ani.. daaniki oka key untey baaguntadhi ani.. car koney keys vastayi ani... car kontaava?

ss vratam kosam illu konadam endhi bro?

interest rate hike aindhi already.. ipdu konantha maatrana..previous interest ki illu emi ivaru.

charukeesa is thinkin to buy house on his name aney concept edhaitey undhoo...adhi asal racha rambola matter

enduku man antha racha rambola. cons veyachu ga 

[chaarukesa]

3 minutes ago, just2deal said:

There is no such thing as using credit scores..the home will be on your name and your will be responsible for mortgages

If he pays late ,misses payments or defaults..your credit score will be fcked and not your friend's

BTW..banks will not bother about the credit score..but credit history and his payments/fiscal discipline

or just ask him to get mortgage from a  subprime lender,who will not care for credit score,expect they charge high interest  and he can switch to another lender after his credit is improved

 

 

Ok this is better

[Kalam_Youtheman]

19 hours ago, chaarukesa said:

Na friend okadu is in a situation where his credit score is very low and he should buy a house now ( Cannot tell you the whole situation but this is position now).

 

But the main question is ma vadu na credit score tho vadiki illu thesko mantunadu......illu na peru meedaney untadi but he will be staying there for one year. He will take care of the monthly he have a very job which pays him real good. Once his credit score gets better he will ask me to gift the house to him. So ila chesey tapudu em precautions theskunte better ?

PS: friend is a good person and he have GC.

Plz let me know pros and cons

lol.. bakara bakara bakara...song vesko

credit repair can fix if u have debt to ratio between 10-20%.. so first credit cards pay off chesi then illu theeesukomanu mee frdn  ni...

good person antunnav mari ikkada endhuku asking... good kabbbbatti cheppindhii cheyiii... later eee song paduko bakara bakara ( YT lo undhi)

[Kalam_Youtheman]

• actually naaakendhuko doubt.. TS gaaadu frdn frdn antunnaduuu I think vaaala GF peru meeedha illu theesukundham ani thinking emo... frdn ani chepthe answers vasthaayee ga.... pelli kaaaledhemo inka

[Kalam_Youtheman]

18 hours ago, chaarukesa said:

greedy kadu bro ikkada issue he is in a situation(personal......I cannot reveal here) where he needs to take a house now. Tell me the suggestion from my perspective. Can i help my freind or is it risky ?

anthaa mandhii risk , lite adhi idhi antunnte malli risky ah ani aduguthaavendhii ra lafoot ga... 

[Kalam_Youtheman]

17 hours ago, chaarukesa said:

ikkada reveal cheyalenu but he needs to buy a house adi bottom line

aithe 10geyymantunnaduuu.. @RahulPulkaGandhi

[telugu_bidda]

1 year tarvata nuv konna house rate padipoyindi anuko..mi frd gadu inko edo personal reasons valla nenu ippudu thisukolenu u keep ur house antey what will u do ?? 10months lo credit score bad to better avadu evadiki 

[chaarukesa]

2 hours ago, vokatonumberkurrodu said:

Sontha thammudaina sarey do not let them use your credit history.

btw if you are applying for loan then you will have to put downpayment. 

 

Money matters anni vadu chuskunta ani chepadu bro

only thing he is using my credit score

[chaarukesa]

9 minutes ago, telugu_bidda said:

1 year tarvata nuv konna house rate padipoyindi anuko..mi frd gadu inko edo personal reasons valla nenu ippudu thisukolenu u keep ur house antey what will u do ?? 10months lo credit score bad to better avadu evadiki 

apudu i can sell the house kada

[argadorn]

2 minutes ago, chaarukesa said:

Money matters anni vadu chuskunta ani chepadu bro

only thing he is using my credit score

edantha kadh kani ...beatifull idea vahcindhi ....ekad anuvu illu thesko vadiki,,,debtlo sagam asthi unna land or plot india lo registration chepinchuko ....malli edhi vadu tehskunaka adhi nuvu return evvu ... ma amma ela cheyamantundhi ...elagu nuvu echestahvu ga ra ....andhuke chesthuna anu ....

[vikuba]

7 minutes ago, chaarukesa said:

apudu i can sell the house kada

200k ki loan teeskunaav. mee friend intlo undi illu cheda 10engadu

now it is a illu with fixing issues. already illu rate padipoindhi to 180...

you will have to sell it at 160. 40K bokka.

ammatam kuda antha easy kadhu raja

[just2deal]

1 hour ago, chaarukesa said:

apudu i can sell the house kada

Also,the banks want to see teh down payment proof from last 3 to 6 months in your account

Suppose the down payment is $100k, you can show some part of downpayment as 'gift' (not loan) from your own family members and rest of it you need to show proof that you have saved them from your earnings..should have have any bulk deposits into yoru bank account in last 90 days

You can not 'borrow' the down payment from anyone..including personal loans,Line of Credit or credit cards

 

BTW you or your firnd can get mortgage even if you have 600 credit score..but should not have bankruptcies or too many late payments

[telugu_bidda]

1 hour ago, chaarukesa said:

apudu i can sell the house kada

k pls buy the house asap...