i am behind on my morgage by 3 months because of loss of wages. Now that I found a new jobs I have less income than before and wont be able to afford my home. Please help ! Your mortgage doesn’t need to be owned by Fannie Mae or Freddie Mac if your interested in [...]
Category Archives: morgage
How does president Obamas morgage relief plan work? What do I have to do to qualify?
How do I assume the morgage of my landlord that just lost her house due too forclosure?
I’m still living here in this house that my landlord lost . I have a lease an it’s good till April of next year. My lawer sent letters to the bank that took over the property but have heard no nothing as of yet . what should I do . Your lease is void now [...]
He has good credit, I have bad credit, can we still get a morgage together?
My husband has really good credit, he makes about 50,000/year and already has a house with a morgage of about 120,000. I make about 60,000 but while in college really messed up my credit. Could we ever get a morgage together or would they not give us one because of my bad credit? Serious advice [...]
Will the bankrupcies in Morgage Companies start a crash in the Housing market ?
Looks as though there is a house price crash in the offing – also a stock market crash too. Take care where you invest your money. Do not buy property to let. You can find out more about what’s happening in the financial sector from this website : – Money Morning is the leading source [...]
What do I do if my renter doesn’t pay morgage and the house is bought by the bank/real estate agents?
The renter hasn’t payed morgage and we are getting eveicted w/o our deposit etc. What can we do? I am the renter, sorry for confusing guys. Nothing. Why did you let the renter be responsible for the mortgage? That’s your responsibility – you pay the mortgage and he pays rent. I can’t believe I’m actually [...]
How do I stop forcloser of my property and reduce payment on morgage?
I am in deep dispair now having lost the bill payer and my significant other please show me how I can get back on my feet and be able to afford to stay in my house. pattie. I really dont know what is your current situation with regards to your term, rate, and the value [...]
How long do I have to wait to get approved for a morgage?
My credit score to date is 547 and My chapter 7 case was just discharged last month. I’m single and don’t make alot of money. How long will I have to wait two buy a house? Most likely, you won’t get approved. Have you even done a mortgage calculator to see what you can even [...]
what fee do you charge for acknowledging notice of assignment and morgage?
Our neighborough’s pay us ground rent and are moving. The new people have to pay us a fee, not sure how much it should be. This is usually a nominal fee of between £25-£50 per notice. The Lease may have details of this charge so please check it thoroughly. Your solicitor should be able to [...]
is it possible to rent out your property without declaring it to the morgage company?
we dont have a buy to let morgage but need to live elsewhere due to family commitments and cant afford to sell at the moment yes it is possible, but if you get caught you’ll probably get a hike in interest rates or have to pay a lump sum to them. also remember that if [...]
Can I get tax deduction from my overseas property morgage?
I am US resident but I am planning to buy a home in another country because I travel overseas a lot. I am getting loan from either US bank or local bank out side of US. Can I deduct my mortgage interest on my US tax return? If the loan is secured by the property, [...]