Can you pull out of a mortgage contract if house does not appraise value?

Can you pull out of a mortgage contract if house does not appraise value?

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Advice regarding mortgage and what type of mortgage this is?

Situation - live with parents (in their 60's) - they got interest only mortgage over 30 years ago - they have 1 year left to pay £90,000 whihc is not going to happen

So would a lender provide me (27 y/o) with mortage amount of £80,000 (parents to pay rest) so we can pay off whats owed

I would own the house

When they die, we would see house - there other son would get £100,000 i would get the rest (House curretnly valued at £195,000)

I know this is a big commitment and no smart comments required about livng at home lol there are reasons

What else do i consider and what type of mortage is this?
Added (1). *sell the house

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Which of the following is a fixed cost to a farmer?

A)Diesel
B)Fertilizer
C)Mortgage payments
D)Seed

I was thinking C but i am not sure.

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What kind of impact does shopping around for a mortgage have on your credit rating?

In the last 18 months I've had 3 mortgage companies run my credit to see how much of a mortgage I qualify for.

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$100k gross income with a realistic budget?

For my high school personal finances class, I have to create a realistic budget on a $100k gross income. The assumption is that the person lives in the suburbs of Indiana, is single, no dependents, and has no debt. Also need to know whether this is middle or upper middle class. Is this realistic enough?

401k: $10,000 (annually, pre-taxes)
After-tax income: $5416/mo
Rent/mortgage: $1500/mo
Health insurance: $150/mo
Water/Electric/Gas: $180/mo
Food: $350/mo
Cable/phone: $170/mo
Car payment: $600/mo
Car maintenance: $350/mo
Clothes/grooming: $250/mo
Vacation:$300/mo
Misc: $350/mo
Roth IRA: $416/mo
Total Savings: $800/mo
Added (1). The assumption was that the person *started off* with no debt, and then I just added in a car and house payment because idk… I should probably change that
Added (2). Can someone please review my budget and see whether it's financially responsible or not

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What IRS forms do I need to report the interest received from the sale of a house where I hold the mortgage?

What IRS forms do I need to report the interest received from the sale of a house where I hold the mortgage?

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Selling up and relocating to another city for education?

Live in a flat and have a mortgage. Only 23 but thinking nows the best time to do something with my life!

I live in a small town near Birmingham but would like to move to Leeds or Sheffield. To do this I'd need to sell my flat. Is it possible and affordable to move there, get some sort of house/flat share (best option) while either doing college course or apprenticeship or am I making it out easier than it sounds?

I'd have no family or friends there so be completely on my own… Anyone done this before or have any advice? Cheers
Added (1). *While doing a bit of part-time work***

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Can I include appliances in the remodel/renovation of a home?

I plan to buy a foreclosure and remodel/renovate it to my dream home. I was wondering if I can include the new appliances in the rehab or will the contractors be against it? I plan on using the FHA rehab loan. I am a first time home buyer abd was curious. Thanks in advance

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Need advice about mortgage underwriting?

We are closing on our house next Friday. Our loan is still in underwriting, which is making me crazy.
They just told us yesterday that my husband needs to confirm his year end bonuses are something he is guaranteed and now they are saying he can't use is freelance income because it's not our are tax returns, but they are there, we claim them every year.
Anyone else have problems like this when buying a house.
This process is making me a crazy woman.

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Husband still pays his half of the mortgage but he's not living in it?

My husband hurt me, so I called cops. He's dealing with mental issues. We haven't been allowed contact for several months, and will continue to not have contact until he completes a program. Likely this will be over in October or early November. Since July, he's kept up his half of the bills, and he has no job. But he still pays using his savings. He's not even allowed near the house. If he wanted a divorce, wouldn't he have forced a sale on the house by now? He keeps paying

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