Archive for January, 2011



What do I do about my second mortgage that didn’t foreclose?

Monday 31 January 2011 @ 5:04 pm
Jamie N asked:


Our home had two mortgages. It foreclosed a year ago, but the second mortgage is open. We believe that bankruptcy is the only way out of it but does anyone know any other way out of it? We don’t know any details of how much the first mortgage got for the home and why the second didn’t foreclose. By-the way, the home was in VA.
Thanks for your responses.

Lumineers Dentist San Francisco



Why do mortgage rates keep going up after the Fed lowers their interest rate?

Sunday 30 January 2011 @ 10:43 pm
Neerdowellian asked:


We’re in the market for a house, and it would seem that the lowering Fed rate would trickle down to the mortgage business. Instead, those rates keep going UP! How do they expect people to help out the economy by buying homes when they keep making it so unattainable and unattractive?

Homes In Pennsylvania



Do mortgage companies force you to put your home insurance and property taxes on escrow?

Saturday 29 January 2011 @ 3:23 pm
Cold asked:


Seems like everyone does it.
We never did, because we refused to sign unless we could pay on our own.
But they pushed it.
Have the laws changed now so you can’t get a mortgage without these things on escrow?
Funny- we must have been one of the few years ago to put 20% down.

revelationists



How will a foreclosure work with a second mortgage?

Friday 28 January 2011 @ 8:55 pm
Missi B asked:


Mortgage company put us into foreclosure on the 1st because of being behind in the escrow but there is a second on the house, with the same company. How does that work?

Van Halen



What are some tips on finding a good mortgage broker?

Thursday 27 January 2011 @ 4:37 am
Yumes asked:


What are some tips on finding a good mortgage broker?

Modesto Real Estate



I want to refinance What is the best mortgage rate available?

Wednesday 26 January 2011 @ 5:20 pm
Jay asked:


Am looking to refinance but not without doing a bit of research first on the best possible mortgage rate.

Van Halen



Can I claim my mortgage and my parents mortgage on my tax return?

Tuesday 25 January 2011 @ 5:56 pm
RSamsung asked:


My wife and I just bought a house…My name is also on my parents title and mortgage loan, but I didn’t make any payments to their mortgage…I used to claim it in the past few years until 2007, but this year I have my own house…Can I still claim their mortgage along with my mortgage on my tax return ?

Offshore Credit Card Merchant Account



Want to sell home and purchase a condo. How do VA mortgage policies work with the transition?

Monday 24 January 2011 @ 8:29 am
q_midori asked:


I have a VA mortgage on my home. My husband thinks that the mortgage has to be paid in full before we can use the VA benefit again. Does anyone know how this works?

Manhattan Beach Dentists



How much are the fees to refinance a mortgage?

Sunday 23 January 2011 @ 3:22 am
rob asked:


I have a 30yr mortgage that i have had for 3 years. I want to start over with the 30 years. What would the fees be to do this?

New Orleans Real Estate



Can I legaly quitclaim deed my home to another person I owe a mortgage on the subject home?

Saturday 22 January 2011 @ 6:54 pm
curious asked:


Is it legal to quitclaim deed 50% of your home to someone else without notifying your lender who holds your mortgage first? If so, how does it work with the mortgage then? Does the new owner owe the mortgage if the lender is NOT advised of the quitclaim deed prior to the transfer?

Is doing this even legal?

Simi Valley Real Estate




What is the most unusual way to live mortgage free?

Friday 21 January 2011 @ 11:48 am
colorhappy asked:


We are renting and saving up for a house. We’re interested in the best strategy to own a house mortgage free. We’re open to modifying our lifestyle, saving like mad, and even building our own house. Living “green” and off the land is also important to us.

We’d love to know what ideas you have or any resources you feel might be helpful.

California Real Estate




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