Sunday, September 13, 2015

Discovered husband has been stashing away money in secret?


We have been married for over 10yrs, have mortgage and child and have always had joint acc and wages paid into that acc. For a while ive know something wasn't quite adding up and now discovered when questioned that he has been saving money… HIS but sum doesn't add up right to what we jointly agreed to save independently each month. Plus he's hidden it never disclosed that he had these saving even when recently i had to borrow money from family.
When i asked him about these acc and what they were he immediately became defensive refused to explain any it only saying well what bout u! I am a spender but purchase spender hiding money away is different and worrying?

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Realtor told me its dumb to buy a house cash or pay the mortgage early when interest rates are so low?


In an apartment right now with my wife and son. Been saving for a house. My plan is to save up 200k buy a house in the 150 range and give my wife 50k for furniture and decorations. Everyone thinks my plan is dumb and my mom is a realtor i gave her a call and she told me the interest rates on mortgages are really low right now and it would be dumb to pay it off early or buy cash. I dont understand how its dumb, somebody educate me please? Im 23yo firefighter/paramedic make 70k a year between 2 jobs

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What is the maximum loan term for mortgage?


I would like to know on how to determine the maximum loan term for mortgage, it does not make any sense to have 30 years mortgage at age 60 year old. Is there any guideline to determine the loan term?

Does anyone have any suggestions?
Thanks in advance for any suggestions

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Saturday, September 12, 2015

Will my land lady continue to sell the property?


My landlady is selling the property and I rent the room, I'm covered under the lease so I'm not worried but I'm just curious.

She had an offer on our house but the FHA wouldn't give the couple a loan because the house needed some work.

I talked to the realtor and he said he doesn't think the roof would have passed, it needs a paint job, some of the soffits were rotten, and I don't know if this is a big deal but the foundation is just the dirt as it's an older home and one of the walls bows out at the bottom.

I'm just curious after finding all this out if she will continue to sell it she is selling it as is.

My friend came out to give her an estimate on the paint job and she didn't seem like she was in a rush to get it done because she was talking about getting one side done at a time.

Also the living room needs a new floor and she's about to start working on it and she said she didn't want to show the house while it was under construction.

I'm getting the vibe that she will take it off the market but I'm still not sure what are you thinking?

I would just ask her but I don't want to seem too nosy

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Will one collection on my credit report prevent me from obtaining a mortgage?


I was nineteen at the time and had a secured card I was using responsibly but, I lost my job and had no other choice and had to let it go. I'm twentysix and have four credit cards that I use responsibly I checked my score last month and it was 778? I still see the one collection it should be removed next year that way it will be seven years? I also have a car loan I've been paying on time and it has a balance of five thousand so it's almost payed off.

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I just lost the mortgage money again playing on-line poker. Are these on-line gambling sites rigged?


I just lost the mortgage money again playing on-line poker. Are these on-line gambling sites rigged? - 1

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Is my partners ex entitled to half the house?


My partner paid a deposit left by her late father 3 years ago and moved in with her ex they were not married but have a child together. One year after moving in the split up. He made half the payments for the mortgage in those 12 months and no more since. Although he paid nothing towards the house he wants half of the value. If we sell will he get half of the equity to take his name off the mortgage or only the amount he has paid? He is very awkward and quite honestly a pain. We are hoping to move but this is stopping us aas we don't know what he is legally allowed and can't afford a solicitor

Please help

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Selling your home. What happens?


i was brought up this question if I wanted to move homes. I don t really know how I feel about it, so I just want to look at it financially. We moved into this home 2-3 years ago, and since we had it, we upgraded the flooring to shiny wood in the whole house, and painted the walls. Does this increase how much the house costs? What happens when you move out of a house? Does it ruin credit? Do you lose money selling the house? How does all this work?

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Friday, September 11, 2015

What happens to the economy when house prices are increased?


What happens to the economy when house prices are increased?
Added (1). how is this worse for people hoping to get a mortgage

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Can someone tell me where to get the best study guide to study for Mortgage Loan Originator exam?


Can someone tell me where to get the best study guide to study for Mortgage Loan Originator exam?

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