Can I take over my mother’s home and mortgage? Advice please?
Question by : Can I take over my mother’s home and mortgage? Advice please? I don’t know if anyone will be able to share some advice or experiences but it’s worth a try. The situation is a bit complex so I have simplified it as much as possible as not to bore anyone We live in Wales, UK. My mother lives in a large, 4 bedroom house. I am 19 and privately rent a flat with my fiance. We live in a cheap area as far as rent and bills are concerned and earn more than enough to cope. Due to disabilities my mother is looking to...
read moreIf your home is in a short sale do you keep on paying your mortgage? What advice would you give me. Thanks.?
Question by alex G: If your home is in a short sale do you keep on paying your mortgage? What advice would you give me. Thanks.? Best answer: Answer by GaracaiusNO, the way to do a ” short sale ” is with the cooperation of the lender. Legally it is the only way to do it, as you have to have the lender’s permission for a short sale. You find someone who will buy your property at a reasonable reduced rate, get them financially qualified and approach the original lender about the potential of a short sale. Some lenders are...
read moreQ&A: Why should I trust the advice of a mortgage loan professional when buying or refinancing a home?
Question by econqwest: Why should I trust the advice of a mortgage loan professional when buying or refinancing a home? Best answer: Answer by NitengaleMy motto is if you don’t know them personally don’t trust them. They are out for the commission they make so do you homework before you committ to a specific person or company. Add your own answer in the comments!
read moreadvice on a mortgage for home addition?
Question by mike s: advice on a mortgage for home addition? I am interrested in makeing an addition on to my house. I have seven years and about 120,000 owed currently. I suspect it should cost another 120,000 to make the addition. Does anyone know the great way to go about getting the best option to accomplish this. I would like to stay with a 15-year motgage. Will the mortgage rate go down in the near future? Should I wait till better rates are avaiable? Best answer: Answer by J OYour best option is to go with a “one time...
read moreWhat is your advice on a mortgage refinance for your home?
Question by VERSE2: What is your advice on a mortgage refinance for your home? Best answer: Answer by CarolRefinance if you qualify and can lower your payment and recover costs before you anticipate leaving the property. But you’ll get a better answer with details. Know better? Leave your own answer in the comments!
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