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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
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Nesgroup address: misc.consumers.house - Date & Time for the message: Sun, 13 Mar 2005 18:06:12 -0600
/ Author of the message: "John A. Weeks III" |
Title of the message: |
Re: Taking out a car loan to reduce rates on a house?
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Text of the message: |
In article <d12dhp$l7g$1@news.Stanford.EDU>, alan <no-longer-valid@yahoo.com> wrote: > Thanks for the suggestions. I should have mentioned that he's in his > mid 20's and has been done with graduate school for a few years now. So > he's already had a credit card (which he pays off the balance every > month) and already has a car (he just wants a better one). The purpose > of the car loan is not that he doesn't have enough money (coz his family > can basically give him the money, or else he can pay back the loan > pretty quick with his new income). The purpose of the loan is to boost > his credit rating (or whatever rating lenders use) for a future home > purchase. Is this possible? First, you need to make a case that his credit is not good enough to buy a home. Second, you have to make a case that getting a car loan will make the difference. In my opinion, buying the |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.