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Related Questions & Answers
6 articles
Short Sale vs Foreclosure
Asked by C.B. from Providence
on July 7, 2009
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I recently requested a short sale to the bank tgaty loan has defaulted. The idea was to attempt to not have a foreclosure on my credit. I just got a form saying that i...
Answers
- Hi C., I am a Realtor in Maine, if you are successful in getting a shortsale offer, yes you are responsible for the difference. If you can not pay it (and usually peop...
- C., I work as a real estate paralegal... and NO you do not have to pay the difference on a short sale. What happens is you place the house on the market and the bank ...
- HI C., Listen to Kelly!!! and here is a website to learn more of what you are about to do... good luck! http://homebuying.about.com/od/shortsale/Short_Sale.htm ...
Buying a House on Contract.
Asked by A.K. from Phoenix
on March 2, 2011
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A couple of my friends have done this, I don't know anything about it. What is the benefit to doing It & how does it work? Is it a form of renting & easier to get out ...
Answers
- I'd like to help you but am not sure what you mean exactly. Where I live, every house purchase is done via a contract. Both the seller and the buyer sign a contract t...
- You are referring to "contract for deed", I believe. I know oh so much about it, and can tell you some facts. You can derive for yourself if you feel any of these ar...
- Do not just pay rent and think this will do it. A poor woman is paying rent and thinks when the owner dies, the house is hers. The truth is she has signed a rental ag...
How to Go About Getting Money Returned I Loaned My Hair Dresser?
Asked by N.H. from Washington DC
on April 25, 2008
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5 years ago my hair dresser who made a big deal about being my friend badly needed a new well and asked me to loan her money, this was when my dad had passed away so s...
Answers
- Since she is already basically an ex-friend. You have the bounced check, take her to small claims court. You can get the papers on-line. Take them to the court hous...
- I hope you've kept copies of any correspondence, because without any proof I'm afraid you may not have any recourse. It sounds like you'll need to contact a lawyer and...
- Seek advice from an attoney. It depends on the amount of the money which court has jurisdiction, so you are wise to get help from an attorney. I hope you had her s...
Mom Co-signed for Ex-brother-in-law's Student Loan
Asked by J.R. from San Diego
on July 22, 2011
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My mom co-signed for my ex-brother-in-law's student loan back when he was still married to my sister. Actually, they have been separated for over a year, but not yet l...
Answers
- If I were her I'd tell my daughter (BIL's wife) that I'm deducting the full amount from her inheritance (if I have anything left) and that I don't take kindly to her h...
- I would have her take him to small claims court for the money - or to court if it's more than her court can handle and get the judge to intervene... This totally su...
- Hello, If your ex brother-in-law and your sister were married at the time, and he is not paying, then your sister should be paying at least something. This is not yo...
Looking for Ways to Get Home Business Start-up Money
Asked by S.T. from Provo
on December 31, 2008
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As I have been gathering together food storage and 72 hour kits for my family, I came up with what I think is a great idea for a home-based business. I am still worki...
Answers
- Hey S., Unlike many companies today, the business I'm in is growing (explosive growth due to the economy and so many people being laid off). I'm looking for a few n...
- Start at the small business resource center in downtown Denver....from there they can set you up with the mentoring group of retired businesspeople. They can help you ...
- There is a government site, am not sure of the web site address . try just looking for Gov Grants. G.
Bankruptcy Sp? RUDE
Asked by M.B. from Nashville
on January 17, 2008
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Some People are just so rude and mean... if you cant say something nice dont say anything at all..i have NEVER once left a mean responce to someone on here
hi i am ...
Answers
- You cannot file bankruptcy on student loans. When Clinton was President there was a law passed saying that you couldn't. Believe me, we've looked into it. Now you c...
- First and foremost go to community counseling. They charge on the amount of money that you have. You are depressed (rightfully so) and you are going through a huge g...
- Ashley, I am 49 Mom and grandmother,recovering Alcholic of 18 1/2 yrs and you must, must go on!! Be happy and grateful you have a daughter, God has given you a ch...
