Facing Foreclosure
Results 231-240 from 442 articles
Upside down on Mortgage
Asked by J. from Philadelphia
on October 19, 2010
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Hi, Everyone
I have a question for you all out there.
We have a mortgage where were trying to refinance but since we are upside down and are mortgage says we wil...
Answers
- SELL SOME THINGS! Cars, boats, jet skis, motorcycles, electronics, jewelry, real estate, anything you have of value. Anything that you own is fair game. You can do ...
- We've been in the same boat and our mortgage company wouldn't refinance us and we didn't qualify for a loan modification. We're about $150,000 upside down and we were...
- Perhaps you could take out a personal loan for $13,000. I'd only do that if you'll save money with a lower interest rate on the mortgage. If you have property, such ...
Just Moved from Orange County CA to Irving!
Asked by J.B. from Dallas
on April 13, 2009
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Hello fellow moms! We just moved from our native state of California to Irving Texas. Its very different but in all possitive ways! We are excited about our new life b...
Answers
- Welcome to Texas! I know that it's probably been a roller-coaster of emotions. Having lived in Chicago all my life, when I moved to Texas 17 years ago, I was exited ...
- Welcome to Texas!! My husband and I use to live in Las Colinas before we had our daughter. That area is great but I think its geared more towards adults rather than fa...
- Try looking at homes in Hackberry Creek area. This neighborhood is still in the City of Irving, but it belongs to the Carrollton-Farmers Branch School District. I've...
Possibly Looking to Sell House Need Advice on Short Sales????
Asked by M.M. from Minneapolis
on January 27, 2011
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Hi there we currently are looking to sell our house which I know is the worst time to try and do this!! We absoultey love our house it is everything we want but we als...
Answers
- In regards to your credit, if you are not going to make any major purchases (i.e. another house/boat/RV) dont worry so much about it especially if you are going to con...
- there are special short sale lawyers that can answer the specifics....if you are paying your mortgage on time you are screwing yourself out of a short sale. why would ...
- We are short selling our house right now, has been on the market since September 1st. Long story short, we applied for a modification, bank didnt give us all the IMPO...
Nasty Rumors Would You Tell the Person Its About
Asked by C.Z. from Omaha
on September 14, 2012
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The reason I ask this is because I told a friend of mine a rumor that was going around on them. It was actually about an affair with a married woman. Well when I infor...
Answers
- well with his response do you think the rumors could be true? I think it depends on how close I am to the person, how I think they would take it, and what the rum...
- uh yea- he is Guilty!
- well for me it just depends on who its about, like if it were my sons godmother i would tell her. I know for fact she wouldn't get mad Good luck
Did You Get an Appraisal to Refinance and Then End up Not Being Able To
Asked by B.R. from Madison
on August 7, 2012
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With the low rates we want to refinance, we have only been in our home for 1.5 years but I fear that just maybe our house would be worth less then 1.5 years ago. it co...
Answers
- We refinanced. Our house came in $10,000 less than we paid for it. We had 3 years equity. We ended up having to come up with an additional $5,000 to keep 20% equit...
- We didn't have to pay for an appraisal. I refinanced through our current mortgage holder. It was our second refi (the value did drop a lot, but we didn't owe nearly ...
- How much was your house worth when you purchased it? If it was worth $100,000 and you have a $3,000 margin, that's 3%, so then it may be worth it to go forward with t...
Prioritiy List
Asked by K.E. from Washington DC
on April 8, 2011
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Hello. I am in the beginnings of a divorce and have been told that my priorities are askew.
Please, in your most honest way, can you give me a quick run-down of th...
Answers
- I'm not divorced, but I think any mother's priorities are pretty similar. The health of your child (shelter, food, clothing) The security of your child (financially ...
- understand - I'm divorced now - my husband was deployed for 15 months when our first son was 10 months old - once my husband returned - he had no idea what it was like...
- My priorities? That's a tough question b/c depending on the day and what is going on, these fluctuate with respect to "order". But this is what we focus on every day...
To All You realtors...Question?
Asked by J.K. from Dallas
on February 2, 2012
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My FIL is a big "know-it-all" and it's hard to tell what he actually knows what he's talking about and what is just a bluff.
We're planning on buying a house in Dal...
Answers
- FIL is wrong. Banks historically look for 20% but they do have programs that don't require that much. You may consider dealing with a reputable mortgage broker inst...
- The only time you would need that large of a down payment is if the loan you are looking at is from a Hard Money Lender (collateral-only loan - think really bad credit...
- That sounds high, but I'm sure it depends on what kind of financing you want. My dad is a realtor in the Dallas area; I'm sure he'd be happy to answer whatever questi...
What Happens When You Are Late Paying Bills?
Asked by P.S. from Houston
on December 3, 2011
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House? Car? Utilities? Credit cards? We honestly don't know, as we have always paid our bills on time, thank the Lord. But we were talking and agreed that if one o...
Answers
- If you are just a little late they smile, charge you a crazy late fee and let it go. Generally in the case of death of a close family member you can call them and the...
- While it is good that you are planning for the future, one thing to remember... in the event of a death or any drastic thing, don't make huge decisions for at least a...
- Late fees generally apply and then they will cut stuff off when it gets over a month. Some companies will let you slide awhile on partial payments if you just call the...
Finances/debt
Asked by T.L. from Phoenix
on August 9, 2010
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If your finances started going downhill quickly- What would you let get behind first..IF..there was no other choice?
Credit cards/or house payment? We are scrambling ...
Answers
- I would think the credit cards because if you loose your home you will have a hard time finding another place to live (landlords do credit checks). Try to AT LEAST ma...
- I would make my house/car payments first and in full if possible. Right now it seems you have bigger things to worry about than your credit, so I would not fret about...
- Interesting question, either way your credit will be effected, but there are lots of things to consider. The main thing to consider is how temporary is this? Another...
Should I Hire an Real Estate Attorney to Conduct a Short Sale on My Home?
Asked by T.D. from Sacramento
on October 11, 2012
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Hi. I may have to short sale my home and was wondering if I should go through a real estate attorney or just hire a real estate agent. I have a first and second loan...
Answers
- All you need is a good real estate agent who knows and has dealt with many short sales. My agent may be able to help you, I'm just not sure how far down in sac she lis...
- You would consult with a real estate atty who specializes in foreclosures and short sales, but you wont likely need their services. You would work with a realtor who i...
- You can't short sale a house and be credit worthy enough to buy another one. The only way out if you want to purchase now would be to cover your loss with cash in a tr...
