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Can the holder of the junior deed of trust foreclose if the senior is current. What are the chances of that happening?

I live in California. My 1st is with Citi and has a balance of $64K and I have a 2nd with B of A with a balance of $240K. I know that is so strange. My house is currently valued at approx $215K. Due to job changes and layoffs, we are unable to meet our monthly obligations. I have quit paying credit cards and we down to eating beans and weenies just to keep the mortgages current. Citimortgage...
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I am trying to sell my home in a short sale, but the buyer seems to be stringing me along. Should I file bankruptcy?

I purchased a condo with my girlfriend (who later turned into my wife in 2007) back in 2006. We lived together in it until August of 2008. I left her and the condo due to difficulties in the marriage. I wanted to sell the condo, she was not ready to do that... so she agreed to continue payments on the condo while I lived on my own in my apt. Sometime in Q1 of 2009, she found that she could n...
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Which is better, refinancing my first mortgage or getting a home equity loan?

Should I refinance my mortgage or should I get a home equity loan? I am looking for some cash out to do some home improvement, and maybe a small addition? How do rates compare and is a refinance loan or a home equity loan a better deal?

I have only a HELOC on my townhouse, but the balance is greater than the market value of the property. What are my options?

In 2005 I paid $239,900 cash for my Florida townhome. Therefore, I don't have a mortgage and it's now worth $89,000-$110,000. I have an equity line of credit of $149,900. I want to sell and get out. Between the HOA fees, taxes, interest only equity payments, home insurance, and utilities in my lifetime I will never get the money back I paid for this house. It is a money pit. Since I ...
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Is a mortgage escrow account for taxes and insurance required under RESPA?

I bought a second mortgage at a foreclosure sale, and now can't recoup my investment and cover the balance of the first.

If a house appraises for $26,000, but needs $25,000 in repairs, how much should I offer to buy it?

I have a mortgage with my mother. She has a second mortgage on our house. What is my liability if she files for Chapter 13?

I live in California. I moved in with my mom 6 years ago to assist her now that she's getting older. Prior to my moving in she had refinanced the house several times; remodel/updating, repairs, and paying off credit cards. On the last refi 5 years ago, she added me to the mortgage and title, so in case something were to happen to her, etc. The loan was for $250k.(chase) Shortly after tha...
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How long must I wait after a divorce before I can refinance a home awarded to me?

I have a pending divorce and the primary residence mortgage and title is in spouse's name. If the judge from the state of Maine awards me the house in the divorce judgment, will I be able to refinance the home and pay off existing home equity, tax liens that are in spouse's name? Will I have a waiting period before I can refinance it after acquiring title?

Should I refinance my 15-year HELOC if we are three years into the loan? What are my options?

We need to consolidate our debt and thought we should refinance our current 15-yr Home Equity Loan fixed @ 6.75% - @ $1,553 per mth - we are 3+ yrs into it for a total of $149,139 balance. The credit card debt amounts to about $82,000. We applied to Wells Fargo Bank but they denied it due to three outstanding 401k loans of about $44,000 (debt to income issue) and transferred it to their fina...
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