What credit score do you need to qualify for a mortgage?

What credit score do you need to qualify for a mortgage?

Read more: What credit score do you need to qualify for a mortgage?

Do you deal directly with a bank for your mortgage? Or do you prefer to deal with a mortgage broker?

Do you deal directly with a bank for your mortgage? Or do you prefer to deal with a mortgage broker?

Read more: Do you deal directly with a bank for your mortgage? Or do you prefer to deal with a mortgage broker?

Do i get any tax break by paying off in total a home mortgage?

Do i get any tax break by paying off in total a home mortgage?

Read more: Do i get any tax break by paying off in total a home mortgage?

Why would someone take a picture of my house?

I live on a main highway behind another residence. You cannot see my house from the road. My driveway is long and wooded. Someone parked their car at the front residence and walked down my driveway, stopped and took a picture, and then ran back to their car. I do not have a mortgage. I checked with the assessors office and the insurance company and it was none of them.

Read more: Why would someone take a picture of my house?

USDA loans in New Hampshire with only one spouse?

My husband has a federal taxS lien against him. Wondering if I can apply for mortgage alone (he doesn't currently work anyway, stays home with small kids) if my credit and income qualify. If we buy a house and pay a mortgage we will be paying less monthly and better equipped to actually get into a payment agreement to pay off IRS. Since it's not a community property state does his lien even come into play?

Read more: USDA loans in New Hampshire with only one spouse?

What are the requirements for an fha 203 rehab loan?

What are the requirements for an fha 203 rehab loan?

Read more: What are the requirements for an fha 203 rehab loan?

Missed payment on credit reports?

My credit is pretty good with no missed payments. However, my recent mortgage payment was returned due to insuffient funds. I quickly deposited the funds in my checking account and submitted the payment again. However once the payment cleared through for the second time, this was after the 30 day late mark. My credit reports already show this payment was made on time. My question is will my mortgage company go back and update my credit reports to show this was late?

Read more: Missed payment on credit reports?

Is NavyFederal prone to attack from scammers?

I had a friend who said that some guy in Louisiana spent over $900 of his own money to go to strip clubs, eat at Poppeyes and buy electronic merchandise. He had no idea how a random stranger got ahold of his credit card information. He doesn't shop online or deal with merchants that work with paper ads. I want to continue banking with NavyFed because of their generous loan policy in mortgaging loans for a home and car but not with massive identity theft going on

Read more: Is NavyFederal prone to attack from scammers?

Is it possible to try to get a US work permit, while renting in USA as a non-citizen?

Could it be possible to find a job in the US this way, while just renting as a non-citizen in the meantime?

Read more: Is it possible to try to get a US work permit, while renting in USA as a non-citizen?

Will a bank short sale if you aren't making enough to pay mortgage?

I know someone who is only making about $1,400 per month pre-tax.

Their mortgage is $600 a month. Will the mortgage company allow them to short sale or take less? They're barely making it with the assistance of family.

Read more: Will a bank short sale if you aren't making enough to pay mortgage?

How can my US husband get a UK mortgage?

He wants to buy the other half but he can't get a mortgage in the UK without his salary going into a UK bank account. He has enough salary to cover a mortgage but it all goes into a USA account. What can we do so he can buy the other half of my house?

Read more: How can my US husband get a UK mortgage?

How does the repossession system work in UK on mortgage defaults?

Hi,

A United Kingdom question here.

Say a person lives in House A which is worth roughly £500k and has a residential mortgage outstanding of £200k.

Say that person is landlord of House B which is on rent to third party tenants. House B is worth £400k and has a buy to let mortgage of £320k.

If the house market crashes by 40 percent, then House A is now worth £300k (with a £200k mortgage), and house B is worth £280k (with a £320k mortgage).

If the person starts to default on the mortgage payments on House B (but still meets all payments on House A), I presume the lender for B will want to repossess B and try to get their £320k back.

What would be the process?

Am I right in thinking that the mortgage was secured on House B and so the lender can repossess and sell it on and keep the proceeds. However the sale may only realise £280k which is £40k short. Will the person still be liable for the £40k and would his residential home (house A) be at risk of repossession if he cannot pay this £40k?

Cheers

Read more: How does the repossession system work in UK on mortgage defaults?

How can my US husband get a mortgage in the UK?

How can my US husband get a mortgage in the UK?

Read more: How can my US husband get a mortgage in the UK?

Mortgage Company is adding fees after my bankruptcy but I'm not on the Mortgage?!

I filed for Chapter 13 back in June. I am not on our mortgage, my husbands name is the only one. He did NOT file. I am on the title of the house, but that shouldn't matter. My mortgage company just started adding a $50 monthly fee for the duration of my bankruptcy (5 years) to the mortgage statement. They said its to protect them. Can they do this? How can I get it removed? My lawyer has never heard of this happening before.

Read more: Mortgage Company is adding fees after my bankruptcy but I'm not on the Mortgage?!

Is you sell a house as-is, can the buyer still come after you for any flaws?

A family member owes a ton of money on the mortgage. Over $40K on a refinance loan. Not sure if the house will even sell for enough to cover that, but I have been fixing up what I know how to fix, to try to improve the value. Some of the stuff like house drainage issues/foundation issues can't be fixed by me and would cost thousands to fix. For instance, an improper sump pump in the basement that has water flowing over a fairly large surface into an open sump hole. No french drain, water leaking from a retaining wall that wasn't installed properly by former owners, etc. Possible foundation issues (after 2-3 days of rain, sump comes on for sometimes days, and gets sump flows upwards of 75 gallons per minute during the heaviest of rains with a saturated ground). Possibly underground creek somehow under the back yard, but nothing confirmed. An openly visible creek down the road in the back yard of a house on our side of the street seems to "disappear" up through the yards further up. Not sure if that is underground on our property or not.

The inside condition of the house is decent, but needs work. The house needs a full remodel with no money to do it. I'll gladly help the said family member out financially, but putting too much money into the house seems like a money trap. Refinanced mortgage from over a decade ago.

Any advice? Try to sell it as-is to someone who can fix it? I doubt they'd offer much money, though. I don't think Chase mortgage would do a Deed In Lieu.
Added (1). Foreclosure… There is concern that the house would get destroyed in the process of waiting for them to take it back. Bad neighborhood. Plus, it wrecks the credit, of course.

Read more: Is you sell a house as-is, can the buyer still come after you for any flaws?

How to finance a new home purchase & renovation?

I am looking to purchase my first home. I am a first time home buyer so I can qualify for what we call in CT CHFA for a reduced mortgage rate. My question is the home I am looking at needs probably about $40-60K of work. The home is listed for $184K. Would I take a mortgage out for $250K to purchase & renovate the home? Or Do I take a mortgage out for $184K for the home & then a separate $60K loan for the renovations. I am not positive how this works.

Thank you.

Read more: How to finance a new home purchase & renovation?

Does the rent from a buy to let mortgage go to the landlord or to the bank?

Does the rent from a buy to let mortgage go to the landlord or to the bank?
Added (1). UK answers please.

Read more: Does the rent from a buy to let mortgage go to the landlord or to the bank?

Which way of buying a property requires less of a deposit, buy to let or residential mortgage?

also are lending rates similar in residential and buy to let mortgages? UK answers please.

Read more: Which way of buying a property requires less of a deposit, buy to let or residential mortgage?

How likely is it that we ll be given a mortgage?

My husband and I are really hoping to buy our first house in 2016. We ve managed to pull together £20,000 in savings. I work as a specialist nurse and am currently on £27,000 a year which will build to £35,000 over the next 7 years. My husband is self employed though and although he earns roughly the same as me he has a lot of outgoings for work such as his car and tractor so all in he brings home about £10,000 after expenses and tax are paid. We know we can afford the repayments and we re very good at budgeting (our savings are proof of it) but will a bank see that as well or will they expect us to build a bigger deposit and wait for my husbands to have a slightly higher income?

Read more: How likely is it that we ll be given a mortgage?

What are advantages of applying for mortgage loan?

What are advantages of applying for mortgage loan? - 1

Read more: What are advantages of applying for mortgage loan?

Can my inlaws gift equity in their home if they have an existing mortgage?

Can my inlaws gift equity in their home if they have an existing mortgage?

Read more: Can my inlaws gift equity in their home if they have an existing mortgage?

How could I find out if someone had a home mortgage beginning in 1927?

This is obviously for historical purposes. I have viewed the certificate of occupancy. Where would I find out if there was a mortgage on the house?

Read more: How could I find out if someone had a home mortgage beginning in 1927?

Why so many Americans fail to save money and/or go broke?

My boyfriend and I are Americans. We're in our early 20's. He works a career and currently makes around 40k as an assistant manager, is not on any public assistance, owns a house, car, and after mortgage, bills, food, etc he still manages to save 1/3 of his salary (between 10-15k).
I'm a college student who technically got a full ride in college all because I spent months before starting (and weeks between semesters) applying for over 100 scholarships online and through mail, and proofreading/editing my essays then was awarded multiple scholarships so now I won't need to take out any student loans during college.
Point being, there's still a lot of Americans out there who make more than he does yet still end up broke or fail to save money. And there's students who complain about being in student loan debt when there are so many scholarships available (local and non-local). Why do people make it so hard on themselves?

Read more: Why so many Americans fail to save money and/or go broke?

Mortgage application / buying a house?

Mortgage application / buying a house?
Added (1). Here in the UK, you can borrow max 4.5 x your salary.
An estate agent told me that they can register me with the inland revenue to show I have been self employed to show make the up the other income for my mortgage application. I will obviously have to pay tax on this amount but then it is kind of 'legit'

I walked into another estate agent and was told there are other ways which are also 'legit' but I dont have to declare myself as self employed.

Anyone like to shed some light? Thanks
Added (2). Fraud or legitimate alternatives?

Read more: Mortgage application / buying a house?

What needs to go first at Man United?

Their gloryhunting islamic fans from Iran and Palestine with unpayable Mortgages.

Or their Overrated clueless ancient deluded spank of a manager Louis Van Gaal.

Or my personal choice, Both.

Read more: What needs to go first at Man United?

Have you ever lied on an application to get credit card/ loan/ mortgage etc?

Have you ever lied on an application to get credit card/ loan/ mortgage etc?

Read more: Have you ever lied on an application to get credit card/ loan/ mortgage etc?

Why don't banks just forgive student loan debt?

Don't they make enough money through other forms of loans like mortgages?

Read more: Why don't banks just forgive student loan debt?

When a bank admits to fault on mortgage contract but asks you to refinance a new loan?

When a bank admits to fault on mortgage contract but asks you to refinance a new loan?

Read more: When a bank admits to fault on mortgage contract but asks you to refinance a new loan?

If i own my home, but it needs a lot of repairs what s the best way to get a loan?

I recently have inherited a house and unfortunately it needs a significant amount of updates/repairs. However, I m not sure what would be the best option for a loan. Whats the best way to get the money to fix up a house that is going to need atleast $60000 in repairs done to it? I ve heard about FHA 203K loans and just refinancing… Idk.

Read more: If i own my home, but it needs a lot of repairs what s the best way to get a loan?

What's it like to buy a place in manhattan, nyc?

Like if say you had the money, you just buy the whole place instead of mortgage? Is paying utilities separate?

how does it work? Walk me step by step to understand?

like what requirements or prerequisite do you need to buy a place and not have to worry about paying additional in the future. Is that possible?
Added (1). also, what about buying the place, and renting it out to people as an investment? How would that work?

Read more: What's it like to buy a place in manhattan, nyc?

Is it possible to get rich at 30-35?

Hey guys so like anyone else I want early retirement, I want to enjoy my life like everyone else. My method to do this is share investing, and renovation on homes. I have been reading a bit on share investing I'm 18 right now. Not going to invest right now as I want to learn more, but my question is. Is it possible? I also do programming which I also am using to be financially successful before 35.

Read more: Is it possible to get rich at 30-35?

How to get ahold of lender, and owner in a short sale?

Hello. I am a tenant whos rights have been violated enormously. On top of the fact that my landlord didn't disclose the mortgage default prior to moving in (which is against the law). He also gave me a 30 day written notice on the 21 of December to be out by Jan 4th( less than 30 days and also void). I would have never moved in being that I am 8 months pregnant, if I would have known the house was in the process of foreclosure! I am a single mom due to domestic violence and I left hoping to find a peace of mind, but now I'm told if I don't leave I will be forced out by the sheriff(also illegal).

I live in California on a month to month agreement. I know by law I only have 30 days. But the owner didn't give me enough notice. He gave me the notice on the 21st, so technically I have until then. But I was told by a real estate agent that if the new owner wants me out and plan to move in on the 4th of Jan they can either offer cash for keys, or give me a 30 day notice.

For me time is of the essence. I am due Feb 3rd. At this point you cannot move in under 30 days. And when the thirty days comes, the current owner will no longer be the owner. The home is owner occupied, and in the short sale neglected to tell the new prospect owners that there are tenants in the home (not lodgers)

How do I find the new owner when the current won't tell us. Or even the bank. If I can get some help moving, I'll be out before the 4th.

Read more: How to get ahold of lender, and owner in a short sale?

Should I buy a home in next three months or wait another yr or longer?

My bank told me they will approve a mortgage loan for me next in January. But I don't have extra funds saved up for closing cost, not to much worried cause I can use my taxes for that. I have two cars through my bank and will be done paying one of them off by then. I have an old debt on my credit report bank said as long as I was making payments I would still be approved. But my question is should I wait until both of my cars are paid off before I purchase a home

Read more: Should I buy a home in next three months or wait another yr or longer?

What is classed as annual household income?

I have applied for a government scheme to help with heating costs over winter. One of the criteria is an annual household income of less that £16,000. I earn way less than this. I have a temporary lodger who rents a room for £250 per month. A friend to help split the bills. Even with this extra money my sole income is way below the £16,000 threshold. But, would her income be included in "total annual household income". This would take me over the threshold. She isn't named on any of the bills or mortgage

Read more: What is classed as annual household income?

FHA 203K mortgage instrument vs VA Mortgage Loan?

FHA 203K mortgage instrument vs VA Mortgage Loan?
Added (1). From the seller's point of view, who pays for home repair (e.g., painting) the seller or the buyer with an FHA 203K mortgage instrument?

Read more: FHA 203K mortgage instrument vs VA Mortgage Loan?

How to calculate a mortagage?

What would be the mortgage of a house that cost 315 000?

Read more: How to calculate a mortagage?

Can someone explain this business essay prompt please? EMERGENCY due at midnight?!

Can someone explain this business essay prompt please? EMERGENCY due at midnight?!
Added (1). PROMPT 1
"You own a home you plan to sell in a 'buyers market'. Create a marketing strategy which demonstrates your use of due diligence in relationship to your marketing strategy for selling your current home worth $400,000. The home is mortgaged for $275,000."

#2 "Create a dominant marketing strategy within the marketing strategy such as Nike and Converse. Use applicable glossary words to write this strategy and answer the following question: Why is dominant strategy so important?"

Read more: Can someone explain this business essay prompt please? EMERGENCY due at midnight?!

Can a person sell their NY state house if they are still paying mortgage on it?

Can a person sell their NY state house if they are still paying mortgage on it?

Read more: Can a person sell their NY state house if they are still paying mortgage on it?

Do i qualify for mortgage loan even with low credit?

Do i qualify for mortgage loan even with low credit?

Read more: Do i qualify for mortgage loan even with low credit?

Tracy is single and had an adjusted gross income of $ 37,000 in 2012?

Tracy also has the following items:
Unreimbursed medical expenses… $ 3,000
State income tax… … 1,850
Interest expense (first mortgage)… 3,040
Interest expense ( second mortgage)… 1,200
Real estate tax… 700
Interest expense— car loan… 550
Interest expense— credit card… 125
Gifts to charity… 300
How much may Tracy claim as itemized deductions?

i got the answer for number for 14 which is 7315, but i dont have the answer for number 15 which is

using the following information in the problem 14, if Tracey standard deduction is 5950 and her exemption is 3800 what is her taxable income?

Read more: Tracy is single and had an adjusted gross income of $ 37,000 in 2012?

I have been married for 10 years & I think my husband is going to going to let our home go?!

I have been married for 10 years & I think my husband is going to going to let our home go?!
Added (1). He was hurt 10 years ago, a year before we married. We bought a home together. He is going to give up his disability status and drive trucks again and I think he is scheming to let our home go into forclosure and buy a motor home and leave.me. My name is on the deed but not the mortgage. What rights would I have concerning this motor home? I reside in the state of North Carolina.

Read more: I have been married for 10 years & I think my husband is going to going to let our home go?!

Why don't we learn life skills in school?

We need to pay mortgage, learn about credit, how to pay bills, etc. But instead they choose to teach us how to solve polynomial equations. Yeah that will really come in handy to help me become a fashion designer, or photographer. I think in high school, we should start learning more about useful stuff. Not calculus, unless you want to become a mathematician.

Read more: Why don't we learn life skills in school?

Would you leave or stay where you r at? Thanks?

I currently make $17.00 part time and my bro said I need a full time job, well ive been looking and i told him numerous times that jobs are hard to come by and im not going to leave my part time making decent money per hr to go make $12.00hr just to have some insurance and that'll cut my check down even more and I wont be able to pay my bills, nor help my mom who cant work due to having medical issues… Now he wants to stop paying the mortgage, now that is the only bill he pays in the house, and he has his own but he makes good money…(he makes Way more than me), I pay all the other bills which equates to more than the mortgage… How can I get him to understand that im better off where im at and ill just pay the inept gov part of my tax refund next yr for not having any insurance… Btw I cant get any exemptions nor any help because they told me I make enough money, because im childless and im not preggo so I don't need any help… Smdh thanks for any advice…

Read more: Would you leave or stay where you r at? Thanks?

HOW MUCH is your monthly rent or mortgage payments?

HOW MUCH is your monthly rent or mortgage payments?

Read more: HOW MUCH is your monthly rent or mortgage payments?

What do I do about my ex-wife?

My ex wife and I divorced 5 years ago and ever since she took our house which I dont care about but every since shes been putting yelp reviews on my jobs page saying she will never get stuff surveyed there because I am a bad person, etc.

She has made a Wikipedia page about me with a bunch of private hurtful things about me. She tells our kids I hate them and thats why she wont let me see them. She threatens me all the time and tells other the reason we got divorced is because I cheated on her even though she had a 1 year affair with a man and when I found out she ran away with him to jersey for a week and spent all my money. I had to go live at her parents when she did this because she threatened to burn down the house if I was in it. She tells many of her friends that I used to know I keep asking her to get back together. She also tells me I have to pay her mortgage if I want to see our kids. She constantly sues me for stupid things and tells me I cant talk to her parents even though I am friendly with them. My Dad had a stroke and passed and she went to his funeral and spit on the casket. To be honest I dont know what to do, all I want to do is see our kids. Can someone help?

Read more: What do I do about my ex-wife?

Should I save up for college or a house first?

I am currently living with my dad, so I don't have many bills of my own. I want to go to college, starting with an associates degree from the local community college, but I'd also like to own a house and feel that if I wait too long to start saving for a down payment, I could find myself in a position where I am trapped renting instead of owning. Renting is a lot more expensive here than paying a mortgage and the annual property tax, and I just really want that feeling of security (such as not having to move because the landlord raised the rent too high or being evicted because the apartment complex was sold) that doesn't come with renting a house or apartment. I also feel that owning a home would free up more income in the long term, allowing me to still pursue college and eventually complete a bachelors degree or higher if I choose to do so.

Read more: Should I save up for college or a house first?

How long does it take to get an approval on a closing date when your buying a house/?

How long does it take to get an approval on a closing date when your buying a house/?

Read more: How long does it take to get an approval on a closing date when your buying a house/?

Any recommended loan companies for my situation?

I m currently trying to get a home loan. The home loan is 40,000 with a 5,000 down payment. My current credit score is 621. My yearly income is roughly 13,000. I m trying everything possible to where I don t need a cosigner. Does anyone have any recommended loan companies? No rude comments necessary

Read more: Any recommended loan companies for my situation?

House is about to be sold! Help immediately?!

So I'm 16. Parents are divorced. For the past 4 years my dad hasn't payed the mortgage and I belive this was the grace of God. Last year he decided to put the house for sale just to stay out of trouble, but the listing soon disappeared. Recently hes found an investor who will be buying the house and fixing it up and renting it and etc. I've been in this house since I was only 2 years old! We purchased it brand new in 2002 for $264,000 now its price is $340,000. How can we keep our house? He has his own business which is doing ok and another hes been at for almost a year. Bank wont refinance us. I cannot leave this house! Too much memories! (13 damn years of my life!). What can we do to either delay, or stop the sale and stay there for a long time so my dad can build up enough money and pay the asshole bank? ANYONE Help ME Please. GIVE REASONABLE AND SENSIBLE ANSWERS! Thanks.

Read more: House is about to be sold! Help immediately?!

Can my house be put in a trust if there is still a mortgage?

Can my house be put in a trust if there is still a mortgage? - 1

Read more: Can my house be put in a trust if there is still a mortgage?

Can the bank remove a name from the deed?

My house is under my name and my brother on the deed. Currently our mortgage is under bank of America. The deed has my name and my brother for the house. Though the loan for the house is under my brother and wife's name.

I am trying to refinance. And my brother wants to give me the house so we want to remove his name off the deed.

Chase bank says if we refiance with them all my brother needs to do is to sign something and that they can remove his name off the deed for us.

Can a bank remove a name off the deed? Or did they mean remove the name from the loan?

Read more: Can the bank remove a name from the deed?

Buying out ex-wife with a lien on property?

My ex wife and I co-own a property, it has a first mortgage, home equity line, and a 3rd lien which is tied to a business loan my ex took out. I am now remarried and I want to buy out my ex. Will I be able to refinance the 1st and 2nd, remove my ex from the title, while still keeping the 3rd lien until she either pays off or refinances the business loan to remove that last lien?

Read more: Buying out ex-wife with a lien on property?

How to go about getting a personal loan for 100,000 to consolidate several loans worth that?

To add to the question. I want to consolidate a lot of my debt which totals 100k. It's easier to make one large payment instead of 7 different payments but it's very hard to get approved.

My score is 680 due to the high credit card utilization which this loan will address. Other than that I've been on time for every payment in 7 plus years including a mortgage.

Everytime I apply I get denied. I try to explain that the personal loan is a wash and it's going to already existing debt.

I was hoping someone on here could chime in because I feel that consolidating debt would be an easy approval considering I'm applying the entire 100K to existing debt.

Read more: How to go about getting a personal loan for 100,000 to consolidate several loans worth that?

Child support with a part time job?

My BF pays child support regularly but lately his commission has taken a dive and after paying the support money is tight. He has always wanted to go into nursing for more steady income but is worried that he won't be able to pay full child support during the time in school that he'd have to do clinicals and go to a part time job. I know it will be up to the judge when that time comes but does anyone have any experience with this? Are they just going to look at him as though he's trying to dodge making a full payment?
Added (1). Let me add then that I plan to support us when he can no longer keep a full time job but I can't pay our bills/mortgage and his child support as well.

Read more: Child support with a part time job?

Before You Get a Home Personal loan, Understand how Credit Affects Mortgage Rates?

Before You Get a Home Personal loan, Understand how Credit Affects Mortgage Rates?

Read more: Before You Get a Home Personal loan, Understand how Credit Affects Mortgage Rates?

Use a Toronto Second Mortgage Home Loan to Your Advantage?

Use a Toronto Second Mortgage Home Loan to Your Advantage?

Read more: Use a Toronto Second Mortgage Home Loan to Your Advantage?

How to Find the Right Home Mortgage Refinancing Company?

How to Find the Right Home Mortgage Refinancing Company?

Read more: How to Find the Right Home Mortgage Refinancing Company?

Where would the following Items be reported while doing taxes? What form and what line?

-Personal residence expenses: property tax, interests on mortgage, repairs, utilities, insurance.
-Payment of additional state income tax
-Unreimbursed employment uniform

Read more: Where would the following Items be reported while doing taxes? What form and what line?

Do you have any loans or debts?

Do you have any loans or debts?
Added (1). My answer:

I have 2 - my mortgage and a small home improvement loan.

Read more: Do you have any loans or debts?

Is it illegal to lie about a down payment?

I have the opportunity to buy a house for 120k. It appraises for 197k. I know personally the seller of the home. Are there any risks involved with telling the mortgage lender that the house is being sold for 135k and that I gave the owner of the house 15k down? I'm not sure if the guy has the house completely paid off or not. Would that make a difference?

Read more: Is it illegal to lie about a down payment?

Will house prices in South East England ever fall?

My Girlfriend and I are both nearly 30, we both earn good jobs with a combined income of £70-80,000… Yet we cannot afford to buy a house.

In a country where the average wage is £26,000 who on earth can get mortgages on property costing from £200,000 for a crummy flat?

Read more: Will house prices in South East England ever fall?

Haw many witness you need for a mortgage deed?

Haw many witness you need for a mortgage deed?

Read more: Haw many witness you need for a mortgage deed?

Reverse mortgage/ deed After death?

My mom had a reverse mortgage on the family home (company took advantage of her) after she died I tried to contact them about taking over the house, no reply. The house sat vacant for almost 3 years, a family member got a call asking us to help HUD close the deal, make things easier for everyone and just come in and sign a deed… Rather then thousands of documents, waiting several years and a court hearing. I feel like we are being conned, out names weren't on the house or mortgage.
I believe the value of the house has gone up and there is equity, which we would be signing away. I checked online and cannot find any evidence of a deed or mortgage being filed on the house.
Advice please!

Read more: Reverse mortgage/ deed After death?

What fee's (out of pocket) are involved with buying a new mobile home, set up, installation, etc?

So me and my wife live in the North Florida area where land is very cheap, so when we were considering houses mobile homes are a very good choice around here. And I don't mean trailer parks, most of the home's around here are trailers on their own lots. We are looking at new models that we can customize and make our own and the prices are looking great, but I would just like to know from someone who has bought a new mobile home from a dealer what kinda fee's were involved, and how much of the set up they will do. (I've heard from a friend that they will even find a lot and add it into the mortgage)

Please, I don't want to hear about your story of buying a bad mobile home, just as many if not more problems come from buying a used slab house.

Read more: What fee's (out of pocket) are involved with buying a new mobile home, set up, installation, etc?

Would you rather have two average homes or one big 0home?

Would you rather have two average homes or one big 0home?

Read more: Would you rather have two average homes or one big 0home?

What s going to happen to real estate when the feds raise the interest rate?

What s going to happen to real estate when the feds raise the interest rate?

Read more: What s going to happen to real estate when the feds raise the interest rate?

If I have agreement in principle, what are the chances of my actual mortgage application being successful?

If I have agreement in principle, what are the chances of my actual mortgage application being successful? - 1

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We are closing on a house and we will have roughly $2000 left in savings after closing?

Will the underwriter look at this and deny the loan? We've gotten this far so I don't know how or why they would.

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Grammar: You agree or you are agreeing. Which is correct?

Which sentence is correct? Thank you for your help.

When you sign a mortgage, you agree to the terms of the contract.

or

When you sign a mortgage, you are agreeing to the terms of the contract.

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Ppi claim, would I get anything?

I have got a mortgage out in the past way before the ppi scandal came about. When I got it I asked for no insurance, would there still be a possibility of ppi on it? If so is it worth trying to claim it?

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Do you need good credit to buy a house?

Do you need good credit to buy a house?

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Translate the following arguments into standard-form categorical syllogisms, then use?

Venn diagrams or the rules for syllogisms to determine whether each is valid or invalid.

Not all interest expenses are tax deductible. Home-mortgage payments are interest
expenses. Thus, they are not tax deductible.

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My mortgage contract payment was 1725 now they raised it to 1800$ how can they do that?

My mortgage contract payment was 1725 now they raised it to 1800$ how can they do that?

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Where should I allocate my funds this month?

Hi there,

I'm looking for basic advice as to where I should allocate my funds for a few expenses.

I will getting paid about $5,750 - $6,000 this paycheck tomorrow and below are my outstanding expenses.

1. $2,800 credit card debt
2. $1,000 down payment on upcoming mortgage (signing will take place Feb 15th, 2016. Full amount is $14,000 and is fully paid after this $1,000)
3. $300 balance for cellphone plan
4. $2,000 (legal fees for lawyer - not due until March 1st, 2016)
5. $300 for Christmas
6. $120/mth auto insurance

I also have $1,500 in my savings account available.

I moved back to my parents to live rent-free a couple months ago as I purchased a home and I don't take possession until March 2015.

What do you recommend I do? Pay it all now? Or chizzle away until March? My goal is to have 3-4 months of monthly expenses saved before I move in.

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Does a Credit Supplement or Soft pull of my credit report show a credit card balance not yet reported?

I'm closing next week on my mortgage, I plan to use about $1,000 on my credit card before that. My credit card is not scheduled to report my balance until 2 weeks after closing. Will a soft pull or credit supplement show the extra money I used? Or is the credit aspect based on my credit report?

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Why do I see monthly mortgage fees besides homes am looking to buy on the internet?

OK guys I understand what mortgage is now but am still confuse about one thing, I was looking on some homes to buy and beside the price of the house I see like "mortgage 1,000 monthly" so is it saying that I can pay down on the house $1000 every month?

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Legal advice for a family in Washington State?

We are a family in Washington State that has been working on a deed in lieu on our home. The mortgage company, Wells Fargo, told us we would be able to walk away then included a $68,000 promissory note as part of the final papers. A real estate lawyer told us that wasn't legal for a deed in lieu in Washington state but Wells Fargo says they can include a note for a deficiency. Does anyone know what the law in Washington state is regarding a deed in lieu and a deficiency? WF is putting legal proof on us! (They are the worst!) Can anyone give us the specific state law (RCW)? Help! Thanks!

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Can we buy Condo at Calgary?

Can we buy Condo at Calgary even we are under 18 years old?
OK… People might think Condom but I am actually saying a Condo. Thanks Guys.

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Because my monthly expenses are $3,500.00 then my boss better pay me that or more, right?

Monthly expenses:

Mortgage - $1,800.00
Car, gas, maintenance, etc. - $700.00
Food, clothes, utilities, etc. - $1,000

So, my boss better pay me at least $3,500.00 after taxes (~$20.14 per hour, after taxes), correct? Otherwise my boss isn't paying me my living wage, right?

In other words, employers should pay employees according to employees' personal expenses, right?

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Am I being sensible or stupid?

I'm 18, I will be 19 just after Christmas and my life plan is to never go into debt… Ever. No student loans, car loans, credit cards, mortgages, etc.

But I'm wondering… Is this a good or bad idea?

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Should i refinance when i only have 4 years left on my mortgage to get out of debt?

Should i refinance when i only have 4 years left on my mortgage to get out of debt?

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Is a mortgage good or bad to get? Even if the house is all paid off?

Is a mortgage good or bad to get? Even if the house is all paid off?

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Can a person get a mortgage even if they have student debt still to be paid?

Can a person get a mortgage even if they have student debt still to be paid?

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Do you think $5000 is a lot of money fir a chequing account?

I keep a minimum of $5000 in my chequing account. My monthly expenses are $3500. This is everything, mortgage, utilities, groceries, vehicle expenses and so on. So basically I pay my bills and if I have anything left over, say $6000, I will transfer $1000 to my savings/investments. This has been working out great for me. Bills are paid, I have a decent savings account and if there is ever an emergency or I get laid off from work then I have $5000 to use so I don't have to pull money from my savings. I do this because my job isn't steady through winter as I work outside so having $5000 liquid is a huge help. Also if I keep a minimum of $1000 in my account then it's free to use. I do not get charged any fees. So really I treat it as having $4000 if that makes sense.

Every time I go to the bank the teller will say that I have way too much to keep in my chequing account and they always try to get me to transfer at least $2000 to my savings. Is it really too much? Is there a better way to manage my finances?

To simplify things here is a breakdown of a typical month

1) $5000 at the beginning of the month

2) after getting paid twice there is now $9500

3) use $3500 to pay bills and transfer $1000 to savings

4) start following month with $5000

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Will a credit check for our business loan affect my credit rating for my new mortgage? Help?!

We are due to complete on our house in the next couple of days however we have taken out a business loan at work and our bank has done a credit check under both our names (directors) will this effect my credit rating if the mortgage company do a last minute check on completion of our house?

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How to write a request letter to include my property taxes in mortgage?

How to write a request letter to include my property taxes in mortgage?

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I just finished a Diploma in Finance and Mortgage Broking, where to now?

I would really appreciate some advice with getting started on this career path. The 2 years of mentoring I will undertake. But whats concering me are the ongoing mentoring and professional costs. Since I am new to the industry with no client base or referral network I might not see any incone for a few months. Is there a way for me to earn money, gain industry experience and build a network from the get go? Would you recommend working as a loan writer or mobile lender initially to gain industry experience?

Read more: I just finished a Diploma in Finance and Mortgage Broking, where to now?