What can I do to convince my dad to retire when his business keeps losing money?

He used to borrow money from his dad to keep his business afloat and to pay his mortgage. The business has never been successful.

Now he keeps having to extend the line of credit on his and my mom's house to keep his business afloat. If they sold the house (valued at about $1 million) and moved into a smaller house, they wouldn't have money problems. The house and property are commercially zoned so the business would have to fold too.

However, he says that he would rather have a stroke behind the wheel of his truck than retire and that if he didn't have his business his life would have no meaning. He's 66. My mom is upset and hates the stress of constantly being in debt and not having money for groceries

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Mortgage holder owns part of your home. Should your property tax be reduced & mortgage holder pay proper tax on the amount of the mortgage?

Mortgage holder owns part of your home. Should your property tax be reduced & mortgage holder pay proper tax on the amount of the mortgage?

Read more: Mortgage holder owns part of your home. Should your property tax be reduced & mortgage holder pay proper tax on the amount of the mortgage?

If I waited to deposit my cash income until the very end of the year and not as it came in, will mortgage lenders find this suspicious?

If I waited to deposit my cash income until the very end of the year and not as it came in, will mortgage lenders find this suspicious?

Read more: https://allmortgage.net/forum/if-i-waited-to-deposit-my-cash-income-until-the-very.html

Which is worse, student loans, medical bills, mortgage costs, or auto loans?

Which is worse, student loans, medical bills, mortgage costs, or auto loans?

Read more: Which is worse, student loans, medical bills, mortgage costs, or auto loans?

Can you ever get back together with your ex husband?

I'm divorced but I'm still friends with my ex husband. When we were married he worked and put me through college. My ex husband used his contacts in business to find me the ideal job when I graduated from college. I did well in that job and got promoted several times.

I recently received an inheritance and I felt a moral obligation to repay my ex husband some of the money he spent on putting me through college. I gave my former husband $50,000 from my inheritance. He did not want to take it but I insisted. Then something happened that just blew me away.

I got a letter that my condo mortgage of $50,000 had been paid in full. I could not figure out how that happened until I remembered that my ex husband was still on the mortgage. The bank told me he came in with a cashiers check for $50,000 and paid off my mortgage. Now I have a house free and clear.

My single girlfriends that I told about this wanted to know if I would be upset if they dated him. They said he sounds like a GREAT GUY and they can't understand why I had divorced him. I'm now giving a lot of thought of trying to get back together with him. I think I made a BIG mistake divorcing him. I was very young when we divorced. I'm MUCH more mature now.

What do you think of my odds of getting back with him.

Read more: https://allmortgage.net/forum/can-you-ever-get-back-together-with-your-ex-husband.html

If market interest rates tripled would you personally be better off or worse off?

In other words you can now put your savings in a bank and make triple the return. Fixed mortgages will stay the same

Unless you're very very stupid and have ccdebt or car debt or college debt or medical when you could have found care within your means,

I assume most of you want higher not lower interest rates. So why is the Fed not raising em faster?

Read more: https://allmortgage.net/forum/if-market-interest-rates-tripled-would-you-personally.html

Is it true that many people can't afford expensive or luxurious things?

For example, cars. I hear a lot of people need to get loans. Another example, houses… A lot of people need a mortgage.

Read more: https://allmortgage.net/forum/is-it-true-that-many-people-can-t-afford-expensive-or.html

Can you pay mortgage payments months ahead of time like you can pay rent months ahead of time?

I'm moving to another state and I plan on purchasing a home. I would like to pay my mortgage at least 6 months ahead of time just like some people may pay rent months ahead of time. Can I pay my monthly mortgage months ahead of time?

Read more: https://allmortgage.net/forum/can-you-pay-mortgage-payments-months-ahead-of-time-like.html

Did Trump pay off the mortgage of the Good Samaritan who changed his flat tire on his limo in 1995?

Did Trump pay off the mortgage of the Good Samaritan who changed his flat tire on his limo in 1995?

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How does mortgage refinance work?

I want to buy a house, fix it, then rent it out. But I see a lot of people online saying to refinance and buy another house and do the same thing. But what happens to my current mortgage?

Read more: How does mortgage refinance work?