Which loan should be first on insurance?

The lender on my second mortgage (Wells Fargo) is insisting they should be listed as the first lien holder over the actual first mortgage bank on my homeowners insurance. This doesn't seem correct to me?

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Mortgage for 17 year old?

I understand that a 17 year old can't technically sign a contract. However, if the minor had a cosigner with great credit history, would it be possible for a bank to give the minor the loan, even at an increased interest rate?
Added (1). ALSO: The minor has a full-time job, is a high school graduate, and the job is a steady, good-paying, reliable job.

Read more: https://allmortgage.net/forum/mortgage-for-17-year-old.html

Do most people buy their houses in mortgages?

Do most people buy their houses in mortgages?

Read more: https://allmortgage.net/forum/do-most-people-buy-their-houses-in-mortgages.html

Who inherits in Texas?

My husband bought a house in 2003. We married in 2011. We refinanced this month and put my name (with his) on both the title and mortgage. If something happened to him would I inherit the house or would his daughter inherit a share of it? I know Texas is a communal property state, I just don't know if it's considered personal property of his since he originally bought it or if it's communal property between us since both names are on it.

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How to transfer home ownership after marriage separation?

What are the requirements the new owner may need? What if their income is not high enough but they have a 4 income family household. Will they need a cosigner? Can 3 people cosign? Can we get a 15 year fixed mortgage?

Read more: https://allmortgage.net/forum/how-to-transfer-home-ownership-after-marriage.html

Option to buy rental?

Few years back my mother did an agreement for an option to buy. We were renting the same house for a good year and a half. She really likes the area and the house so she decided this would be the best option at the time. I have no idea why, I was only 17 at the time so I had no questions to what she was doing. So She gave the landlord 15000 cash as a down payment and in the contract It says to put down 5k a year towards the down payment. And when she was ready she would have to go get a loan with what was left after the down payment from a mortgage company or bank. We have been here 3 years and she hasn't put any thing else towards the house. There's no time limit to which she is suppose to purchase the house. So my real questions here is. What if she decides to back out of the agreement, would there be a chance she can get her initial down payment back, and if so what if the land lord does not have it

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Am I right to be jealous of a friend?

He got a free scholarship to study in Asia for a few years and hes 39 and fancy free with no home to look after or job to worry about.
Meanwhile i have a mortgage, can't just take off and travel like that and have to work to support myself.

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My wife file for chapter 7 and it affect my home. Do i still have to pay mortgage or the home belong to us?

My wife file for chapter 7 and it affect my home. Do i still have to pay mortgage or the home belong to us?

Read more: My wife file for chapter 7 and it affect my home. Do i still have to pay mortgage or the home belong to us?

Contractor won't give me a receipt or return my calls?

I don't know what to do at this point…

Last week a reputable contractor did my roof on my new home. I paid the balance via etransfer and he promised to return this Monday with the receipt and warranty.

I absolutely need to get a receipt. My mortgage is going to reimburse me for the costs but I need to provide a receipt as proof of completion for them to release the funds.

I called Tuesday and left a message reminding him that I need to receipt and to call me to let me know when he can drop it off… No response. I called again this morning and left another message reminding him that I paid him through my credit to avoid him needing to deal with the bank and that I couldn't get my money until I get a receipt. He never called back today.

I'm at a loss for how to deal with him at this point. Does anyone have suggestions for what language I should be using to get a call back or (even better) have him just give me my receipt?

Read more: https://allmortgage.net/forum/contractor-won-t-give-me-a-receipt-or-return-my-calls.html

Does a contract for a second remortgage of $750,000 (70pc equity) at 20pc annual interest repayable on demand sound fishy to you?

Does a contract for a second remortgage of $750,000 (70pc equity) at 20pc annual interest repayable on demand sound fishy to you?

Read more: https://allmortgage.net/forum/does-a-contract-for-a-second-remortgage-of-750-000-70pc.html