MY home is not in pre-foreclosure as of April I called and was told that my loan is now foreclosed. I have been calling twice a month since November, 2007 and was told that my loan will be modified. Now its foreclosed. HOW COULD I STAY IN MY HOME AND KEEP IT
I have rental property that I personally still put money towards each month (the rent I receive doesn't cover everything). Not only do I have a mortgage, but a line of credit also. Would it be wise to put the money I receive for rent into the HELOC each month as a "payment", subsequently using the HELOC as a checking account?
I am currently in a Chapter 13 bankruptcy. I have a couple of credit cards. When I make timely payments and keep the balance less than half of the credit limit, will that improve my credit score? I would like to qualify for a home within the next 12 - 18 months while in the bankruptcy plan.
My home has lost value due to the real estate market. I need to refinance in a couple years, before my interest rate adjusts, but I feel the value will not be what I paid for it. How can I refinance into a fixed rate without having to come up with the money to meet the LTV ratio of a lender? I don't want to lose the home but if the lender gives me no alternative I guess I will have to.Read full question
I had been going through the Deed-in-lieu-of process with my mortgage company, which I started in 2007. I thought that it had been resolved in February 2008, when they sent me a final notice of dismissal. But my name (7 months later is still listed as the Property Owner). Is a "dismissal" different than a deed-in-lieu-of"? Apparently, nothing has been recorded in the Courts to...
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I have excellent credit. I own a home with a lot of equity and have a home equity available with a good rate. Is it better to take out an auto loan or to put the debt on the home equity?
Home value = $200,000; Current 1st Mortg Balance = $155,978 @ 6.75% APR, Current 2nd Mortg Balance = $39,408 @ 7.99% APR; I received an offer to refinance my 1st Mortg 30-Yr Fixed @ 5.75% but the loan amount will go up to 164,000 with all the fees and points. Is this a good idea. I'd save $98.70/mo on the 1st mortg; money which I could pay toward the 2nd mortgage. IS THIS A GOOD IDEA (in...
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