 Housing benefit? |
| i am recently separated, and wanting to move out of maritial home, if i rented house of approx 500 would i get help, as i student on 11,000 in bursaries butthat includes childcare, does any1 kow wot ... |
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 Do you see any violation in this situation? |
I bought a house last year.Seller was my friend and also a mortgage broker . She wanted to sell her house to me with reasonable price. She also wanted to be a mortgage agent on this loan.
So I ... |
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 Moving into a new house with roommates; how do we decide who gets the bigger master bedroom? |
| I am about to rent a new house with two of my friends. However, one of the bedrooms in the new house is much larger, has its own full bathroom and a door out to the upper deck. How do we decide who ... |
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 First time home buyer. How much will the bank loan us? |
| The house is appraised at $90,000. We are approved for it, however, the seller is only asking $85000 for it. I have no idea about mortgages! This is my first one and I'm wondering if we can ... |
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 Should my rent be less?? |
| I moved into a downstairs duplex studio unit a few months ago. It costs $550.00 a month w/all utilities incl. The first and last months were due in advance. As soon as we moved in our cat got ... |
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 Reduced Mortgage Payment? |
| Will a mortgage company reduce your payment for a short period of time (2 years) because of a financial set back.... |
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 What can I do if I suspect my leased home has become abandoned? |
| I have a contract with a couple, where I have leased my home to them under the agreement they were to obtain fianancing within a certain amount of time. Therefore, they have been making payments, not ... |
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 Is this mortgage fraud? |
| There's a builder in my town who offers something called a 'home trade program'. Just like trading cars, they buy your house when you buy theirs. That's not the part in question. T... |
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 How quickly can you refinance? |
| How quickly after you buy a home should you/can you refinance if you have an 80/20 mortgage? How quickly can you get a home equity loan if you've done a ton of home improvements that have ... |
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 If you were a landlord and a tennant needed to break a lease 6 months early, what would you do? |
Would you hold them to the "letter of the law"? or would you be understanding?
Let's assume that the tenant is trying to find someone to take over the lease but has not been ... |
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 Anyone have any good ground rules for renting to a friend that has kids? |
My husband and I will own the home and she will live with us and pay rent.She has 3 kids and will use 2 bedrooms.What should the upfront rules be and how to handle any issues as they come up?
A... |
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 Can my land lord automatically warn us that if we put Christmas lights on, she'll raise our rent money?!? |
She always tries to find reasons to raise the rent money, but she crossed the line with the warning, that if we put up Christmas lights, or a Christmas Tree w/ Lights, she'll raise the rent!?
... |
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KAREN B | I'm not in foreclosure yet but i know I can/t keep up my payments should i volunteer to give up my house? |
Due to a substansal cut in income i am barely hanging on. 3 years ago my home appraised at 90.000 since then i have put another 10,000 in it and only owe 65,000.Will the loan holder be easier to work with if I just offer up the home? It's way more than i can keep up with and I'd be better off to move in with family. Can anyone tell me what's likely to happen if I let it go? I don't want to file bankruptcy since i really have no other major bills but i just can.t keep up with this house anymore.if I just move out and let them take it, will they come back on me a sue me for more even though the house is worth more than i owe? help i really need advise from someone who knows.
Additional Details
I guess what I'm really getting at is that I just can't keep this place and i need to know in this situation if I voluntary leave and give up the house to the loan company will they come after me for more money.i can't take in roomates due to my children and the last time I rented out the other house that I used to own not only did the tennants trash it and not pay rent it also took me four months to get rid of them,even though i got a judgement against them the house was unrentable and they have disappeared so i can't even collect. That is why I'm just thinking of letting the bank have it |
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Mich1
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Call your bank and try to work out something with them. They would rather have some money than no money. |
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AJ
 |
You didn't tell how much your property is worth. You may be better off selling it.
Another idea would be to rent it out. SInce you are moving off with your family anyway, the rent could keep it afloat until you get back on your feet. Even if you end up paying some portion in addition to rent received to cover mortgage, you may be better off in the long run. |
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dave
 |
There's a terrific article at eHow on steps you can take to avoid foreclosure:
http://www.ehow.com/how_2256426_foreclosure-middle-subprime-housing-crisis.html
How to Avoid Foreclosure During the Subprime Crisis
Read through it carefully, follow the steps outlined, and make full use of the Resource links provided.
You may also want to have a look at this one, on ways to earn some extra cash
http://www.ehow.com/how_2254361_money-internet.html
How to make money on the internet, scam-free
Hope that helps. Best of luck. |
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Jennifer
|
Hi,
I used "Credit Solution" to settle my debt and avoid bankruptcy.They managed to reduce my debt up to 58%.It's legitimate. I came across this company on NBC News Special Edition.Check it out here:
http://click.linksynergy.decenturl.com/credit-solutions-credit-consolidatio |
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Kitty
|
If I were you I would try to get a room mate or room mates. Or maybe you can rent it out for what you pay (and you can live with your family). You could also list it for sale by owner or Rent to own. I would not let it go and it will really mess up your credit and you may have a hard time buying again when you are ready. Try to avoid losing it! Good luck! |
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hpless
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Why don't you sell it? |
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afiesha s
 |
Hey Karen, you should check out this site, it has a lot of information on foreclosure and short-sale, it should be very useful to someone like yourself, Good luck :)
http://www.shortsalecomplete.com/?utm_source=blog&utm_medium=blog&utm_campaign=shortsalecomplete |
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shpbk45213
|
Sell it! Assuming the 90K appraisal is reasonable, you could sell it below market and still keep some of that equity.
Banks generally won't take a deed in lieu of foreclosure if there are additional liens on the property. |
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DJ
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If you only owe $65k, it sounds more worthwhile to hold on as long as you can and put it on the market. Even in this market, there are buyers out there. If you are up to date on payments, then you know that you have at least a couple of months left even if you have to stop paying now.
Maybe http://www.H0MEASSURE.com or a similar site would be able to stall the process for a while as you look for a buyer. A realtor will take 6%, but generally they get a higher price that you would selling it as a FSBO. |
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baby girl
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have you ever considered getting a roomate, someone you can trust but then you can charge rent for each month to help. but if that is something that you arent comfortable with then maybe you could call and talk to a bank or financial advisor and see what they say is the best option, maybe you could refinace and get a lower interest rate and you can get your payments lowered, and there are many ways that you can pay less on bills, do some research, for example find ways to make your electric bill lower, like use energy saving light bulbs and making sure your windows and doors are sealed properly... and make sure that your ac is off during the day, and you can use coupons for grogeries and it does wonders...but i wish you the best of luck |
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JIMMY M
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i was to and i got help call this place and tell that jimmy martin
told you to call behind on morg.972-859-9111 |
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