Andrew M asked:


We own a property in Florida that unfortunately does not make financial sense to try to keep. We will likely walk away from the house and default on the mortgage. What access will the mortgage company have to my assets here in Canada, and what are the possible repercussions?
Thanks very much.

San Francisco Implant Dentist

Greg B asked:


What happen if one pays a large sum of money, say $100,000.00 to their mortgage company just days before filing bankruptcy? Would the other creditors be able to claim preference force the court to order the mortgage company to send the money paid back to the court? I am in Florida.

By Owner Real Estate

Javi asked:


For a conventional mortgage, what should your credit score be? How low can it go for an aproval on a conventional mortgage?

Sacramento Real Estate

Jeff asked:


I had a bankruptcy 4 years ago, and although I tried to reaffirm on my mortgage, the mortgage company did not sign the agreement. I have never missed a payment in 5 years nor have I been late.
However, these economic times lately have been very pressing and I’m thinking about walking away from the home. If I do, can the mortgage company come after me for anything or affect my credit any further?

Under Eye Bags

Lanna asked:


If my regular day to day bank is though TD Canada Trust but my Mortgage is with Scotia Bank do I have to call someone to request doubling up on payment etc.

Mexican Real Estate

girlwhoknowsitstrue asked:


I am planning on paying down my mortgage early. Am I better off making an extra $500 principal payment or making an additional regular payment every other month? It seems that I pay more interest when I make extra payments, which helps on the taxes – but wondered what it would look like after a few years.

Cellulite Treatment

Lee asked:


My mortgage payment will adjust in about 18 months. The mortgage balance is $300,000. I can not refinance now since I am unemployed; however I do have a lot of money saved and invested. My savings and investments are about equal to the mortgage balance. Payments at this time are about $2,500. What can I do to hedge against interest rates going higher at that time?

Ventura County Real Estate

niffer’s mom asked:


I’m recently divorced. The ex quit-claimed the house, and the house was awarded to me under default dissoltion. I have been paying the mortgage, and all associated expenses for more than 18 months. It is an FHA loan.
I need to basically assume responsibility for the mortgage, and have his name removed from the loan. I have money in escrow from insurance for hurricane damage that I need to have paid out, to me in my name only, so that I can continue repairs. Right now, because he is listed as a borrower, the check would be issued in both names. He’s long gone, and I won’t be able to get him to sign a check.
Can I just present my paperwork, (the quit claim, the divorce decree, the bank statements, etc.) as proof that I’ve been solely responsible for the loan and assume the mortgage? Or, do I still need to pay the assumption fees, and qualify for the loan?

Westchester Ny Real Estate

brian.edwards1@btinternet.com asked:


I am 6 years into an interest only mortgage and want to change to a capital and interest mortgage. How do i go about this andhow do i get the money i have already paid into my endowment policy?

West La Dentists

ttedua asked:


The reverse mortgage will be for my mother who is unable to manager her funds. How can I protect her funds and administer her monies safely? Is it possible to put restrictions on where and how much money is used?

Mexican Real Estate

**k** asked:


Is there a certain day that banks add interest to mortgage loans? I am currently have a mortgage loan with Chase Bank.

Absecon Homes for sale