Peyton asked:


Please Please go easy on me, I am hoping to be a first time house owner.

Two Questions:
1) If a house you are buying is appraised for $30,000 and you are buying the house for $20,000. Can you get a loan (mortgage) for $30,000 (so I can take the extra $10,000 to fix up the place)?

2) What would be one advice would you give a 1st time home buyer, that YOU wished you knew when buying a house.

Thank you!

Sue

Curious_Rex asked:


I have good credit score. I am planning to buy new car[march 27th] with car financing just after the day of my house purchase[March 26th]. I already locked my House mortgage loan.
I fear house purchase would affect my credit score and hence higher Car financing APR.
Can any one advise me please?

Denise