Need Advice on Second Mortgage When First Is Foreclosed On?
Question by johnsgirl3006: Need Advice on Second Mortgage When First Is Foreclosed On? My first mortgage was foreclosed on but the second continues to hound me (6 years later). They keep refiling every six months to keep themselves on my credit report. How long can they do that? I thought that they could only be on the report for 7 years total. Best answer: Answer by Beverly SThey will probably end up filing suit once it gets close to the 7 1/2 year limit. A judgement will then stay on for 10 years. Give your answer to this question...
read moreDoes anyone have any good mortgage advice for first timers?
Question by oneup38668: Does anyone have any good mortgage advice for first timers? Best answer: Answer by buttfor2007Do not exceed a quarter of your take home pay, after adding in insurance, taxes, utilities, including heating oil, and a budget for the continual repairs. Give your answer to this question below!
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 moreI’ll be a first time home buyer. Are there any programs that will help me save money on a mortgage? Advice?
Question by Shelly C: I’ll be a first time home buyer. Are there any programs that will help me save money on a mortgage? Advice? I’m prepping to buy my first home but have not found a mortgage agent yet. Is there any advice on government programs for first time buyers? I’m looking for the best advice to save money on a mortgage. Does anyone have any advice on how to buy smart when dealing with real estate agents? Any tricks on how to deal with them. I really want to avoid getting taken of advantage of. Your advice is really...
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