Archive for the ‘mortgage’ Category
Monday, January 9th, 2012
Bob S asked: I'm looking at purchasing an investment home, and it is a short sale which specifies a cash transaction. I plan to pay cash for the property.
I would like to have a mortgage on the property to use the cash for other purchases.
Is it possible to get ...
Posted in mortgage | 2 Comments »
Tuesday, January 3rd, 2012
asked: My building suffered damage with a hail storm. The insurance company sent me a check made out to the mortgage company and to me. Now the Mortgage company is holding the funds and I can't finish the repairs needed. My mortgage payments are up to date.Vinyl Siding Cost
Posted in mortgage | 3 Comments »
Tuesday, January 3rd, 2012
that username asked: I really need good options on how to refinance a home mortgage with negative equity. Currently my mortgage wont allow me a refinance. Any options on what i could do?Outdoor Solar Lighting
Posted in mortgage | 5 Comments »
Thursday, December 29th, 2011
shakira murray asked: The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high?
Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to big businesses.
Big businesses then had ...
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Thursday, December 22nd, 2011
Garry C asked: Does the person pay the mortgage balance to the bankruptcy court? Does the person have to find another lending company to take up the mortgage balance?Outdoor Gas Fireplace
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Thursday, December 22nd, 2011
Beth H asked: I am unemployed and cannot pay the mortgage payments. I have the home on the market but it will not sell for the loan amount. I was thinking of giving the 1st mortgage holder (80%), a deed in lieu of foreclosure. Will the second mortgage ...
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Monday, December 12th, 2011
Socialist KIM asked: What happens to a reverse mortgage after the person have to go to nursing home. How does that work?Painted Kitchen Cabinets
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Sunday, December 11th, 2011
tinkerstoy asked: I am planning on selling my home. I have a 2nd mortgage through the same bank that holds my original mortgage. Would the bank consider converting the 2nd mortgage to a regular loan? My 2nd mortgage is only 13,000 but it does make a difference ...
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Saturday, December 3rd, 2011
Newlywed asked: What caused the subprime mortgage crisis? In laymans terms please!
It seems like it just happened overnight - why were the homes not appreciating in value (equity), and what will happen to the owners of the homes once they have been foreclosed on and the banks ...
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Thursday, December 1st, 2011
Frank Rizzo asked: How much does a mortgage broker make off a refinance loan? vs How much does a bank employee doing a refinance make off a refi loan? Besides ideal credit scores, what steps can be taken to ensure getting the best possible rate?Carrier Heat Pumps
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