Please I need intestate estate and mortgage advice?
Question by : Please I need intestate estate and mortgage advice? My mother passed away without a will. She had no spouse. In New Jersey our situation would fall under an Intestate estate. My brother, Sister and I are interested in keeping the house. I know it will have to be refinanced into one of our names but my question is about the mortgage payments now. Should we still pay the mortgage now under my mother’s name until the house is transferred? Best answer: Answer by J. A.I would get a hold of a copy of the mortgage (public record)...
read moreLooking for mortgage advice for our first house?
Question by JewelryHeart: Looking for mortgage advice for our first house? What do we need to know? Is there such thing as a 2 or 3 year mortgage where you pay a bare minimum? Best answer: Answer by I Buy And Sell HousesTalk to a good mortgage broker. There are all sorts of mortgages: Everything from 40-year fixed rate to 10-year fixed rate. What you’re describing might be similar to ARMS (adjustable rate mortgages). Many of those are structured so that the first 1-5 years are at a lower rate. Then they adjust upward. Be careful, though....
read moreQ&A: Can I get some mortgage advice from someone not trying to sell me a mortgage?
Question by phillyphan: Can I get some mortgage advice from someone not trying to sell me a mortgage? This process is for the birds! Buying first house and I can’t get any straight advice. Thanks. Best answer: Answer by dianaparisianGo to your local bank and utilize their services as a customer of theirs. You can also engage a Buyers Agent Realtor to help you with these questions…they get paid when you buy the house so they are “investing” in your purchase up front to help you make an informed choice. What do you...
read moreQ&A: I need some mortgage advice for refinancing or another option?
Question by Ryan: I need some mortgage advice for refinancing or another option? I owe about 130000 on my house and after all of this mortgage crisis stuff my house is worth around 110000 I would like to refinance but no one will help because I owe more than it is worth. I take home about 2000 a month and my mortgage payment alone is 1076 plus my other bills It is always really tight with money, does anybody have any advice or loop holes to getting refinanced any advice at all would help, Thanks Best answer: Answer by WHATAt this time my...
read moreMortgage loan advice for the next 30 days?
Question by Dr. Business: Mortgage loan advice for the next 30 days? What is the best mortgage advice now rates are going back up? Moreover what to pay and look for in the fine print. I have $ 3,500 payment for a non jumbo for $ 550,000 in CA. @ 6.2 APR fixed on home worth double that still today. I have less than 40% ratio with 800+ score. What should I do Today? Yaaaa ?? I do have 50% in equity!! What is PMI??? Best answer: Answer by JudyDo you have 20% down, that PMI is nasty. Be ready to pay thousands upon thousands (a year) in PMI...
read moreShort Term Cash Advice
Mortgage Advice FAQ’s