 Can I evict my wife ...? |
| If we live in a rented house (california) and I am the only name on the lease. She has never payed the rent, all checks have been written by me from my personal account. Every month she writes me a ... |
|
 Can you offer any advice for buying a house? |
| My husband and I are looking for a starter home and I just wanted to see if anyone might be able to offer some hints or guidelines. Also, share your first house buying experiences! :o)... |
|
 Renting - can anyone help me?? |
| I am looking to start renting a flat, but dont have a clue about how much its going to cost and if I can afford it - If my flats roughly £400, what other utilitie bills etc do I have to pay for. O... |
|
 Rent Issues? |
| Right we moved into our home 3 years ago, we paid 1 months rent as a deposit, and another months rent in advance. We are now moving into a new home and because we are paid in advance we should not ... |
|
 Are house prices about to crash? |
Additional Details
According to this website: http://www.thisismoney.c
house prices are likely to ... |
|
 What does it take to be a real estate agent? |
| can some one tell me what it takes to be a real estate agent and i mean every ... |
|
 What makes more sense in my situation rent or own our home? |
ok we are debating on:
a.) renting a townhouse for 1500 mth + electric and hot water for 1 year
or
b.) buying a home with a mortgage of 1800 a mth now
we have new/no credit,... |
|
 No heat or hot water for a week in rented - What are my options? |
Hi all,
We moved into our rented 4 bed detached 2 weeks ago. On moving in I made mention that the heating system was not in a good state - all though it had recently passed it's ... |
|
 Is it agood time to buy now or is it better to wait? |
| i have 2 mid-600 scores and a high 600 score and i wanna buy a house around $70,000 in houston and i wanted to know if i should buy now or wait.... |
|
 We have $360,000, (live in San Diego) not enough to buy a house don't want a condo. Advise.? |
| We have $360,000 it is not enough for a house and we do not want a condo. What advise would you give to us in getting into a house. We just got the money last week and very disappointed in no houses.... |
|
 If two people have good jobs, bad credit, & no $ how can I buy a house.? |
| I keep looking all over ........... isn't there a way they can just take our mortgage payment like a direct deposit??????????... |
|
 I want to buy a house? |
im 24 and work as a nursery asst i want to buy a house whats the best way and is there any useful websites that can help me.
im a first time ... |
|
| My father pass away and left the house to my brother and me but he doesn't want to sell and i do? |
| he left a will that it says that the house is 50-50 but we haven't change it to our name. We have alot of troubles he now lives in the house and i live in the gest house but i want to sell so i ... |
|
 Does my landlord have the right to go to my work? |
| my landlord came to my job already 3 times. One time to serve me a 3 day notice in witch he served to me already the day before that on my apartmemt door. What are my rights, or do I have any?... |
|
 We have a renter who's lease agreement is up August 31st.? |
| We will not be renewing his lease at that time. We have a feeling that he is going to drag his feet about moving out. If he is still living on the premises after that date, would he be considered ... |
|
 Mortgage question...help!? |
| Hi i have put in an offer on a house which was accepted but the owners of the house have a family friend who is trying to buy the property they have until tomorrow to get there things together ... |
|
|  |
Dumbo | I cant afford my Mortgage - can I ask the bank to reposess the house? |
|
 |
 
Bruce T
 |
Yes, and is known as "Deed In Lieu of Foreclosure". Once you sign the papers the bank immediately takes possession and, in most cases, demand you to move immediately.
If you need time to move allow the law to work in your favor. The bank has required, under law, procedures to follow with various notices of their intent. The first contact will be called "Notice of Default" and will be issued via "Certified/Registered" mail after you miss your second, maybe third, payment. Make sure, EXTREMELY important, you answer within the stated time limit in this notice. Remember the bank is not your "enemy" and they would love to help but cannot unless you give them the courtesy of a response, ANY response.
Keep in mind, these procedures vary with each state as to time frames, i.e., in Georgia it takes approximately 6 months. Notices are to allow you to possibly work with the bank in payment of your mortgage because they do not want your home. Most lenders and banks will offer some sort of payment program initially to help.
Time on your part will allow you to try and sell or establish other "means" of income to "get back on track".
Good Luck and don't give up. |
|
Meg
|
A bank won't repossess, but rather foreclose on you once you are behind on your payments.
Why don't your try selling on leasing your house? That would prevent foreclosure and prevent devasting credit consequences. |
|
unykorn01
|
They will probably reposses the house anyway if you do not keep up with the payments :-( |
|
haygirlc
 |
If you have any equity in the home, SELL it. Even if you walk away with $200 cash out of the transaction it is far better than having the bank take it back. Talk to a real estate agent with experience with this type of situation and see what they can do....and yes, call your mortgage company now!!! If they will delay filing a notice of default long enough to allow you to sell the home on the open market and walk away, it's better for them and it's better for you. |
|
SpongeBob
|
There are people looking to rent a room all the time. Why not let your rooms out that way you get to pay the mortgage, live on the property for free and and make extra money/profit. |
|
Jo W
 |
Talk to the bank - and possibly to the Citizens' Advice Bureau to ensure you understand the consequences, which can be different when you ask the bank to repossess, not least in terms of (not) qualifying for housing from your local council. |
|
sarah jane
|
Yes- but this is not without consequences. Your credit will be affected, and you might still owe them money. |
|
jack the ripper
|
talk to the bank about a longer term contract, thereby spreading the payments over longer period at a lower rate. |
|
panther
 |
yes watch what your doing read small print |
|
Darcy B
 |
yes you can and they will but your best bet to to try and find a buyer, you might not make any money but your credit will stay in good standing. Also if you dont want to move just call them up a tell them whats going on some will defer your payments till your back on your feet, or you can try to refinace at a lower rate before you get to far behind. Good luck :) |
|
The Shadow
|
Yes but it's not that simple because they incurr huge costs in doing so (legal fees etc) so it's not just a case of hand it back and thats it. You'll have to go bankrupt, you can't just hand it back and carry on as normal so you're better off just trying to pay it otherwise it could make things much worse. |
|
michllluc
 |
I would suggest you talk to a real estate investor. You know, the ones in the paper "we buy houses" or "we buy forclosures". Talk to them, tell them your situation, and 9 times out of ten they will work a deal out with you. Maybe you can assign you mortgage over to them, and they give you some money to go on your way. I dont know what clauses you have in your mortgage, or what state you are in. But there are alot of ways to get out of a house without forclosure or messing up your credit. |
|
jenny c
 |
Have you tried to refinance your house? Have you kept up with the payments so that your credit will allow you to do so? If you do not pay then eventually the bank will take your house and this will ruin your credit for 7 years! I work in the mortgage business, right now the market is crazy. If you end up renting a house then you are just throwing away your money. Call 1-888-500-0000 if you are interested in refinancing. Ask for Aaron, tell him Jenny sent you. He is great! |
|
allan s
 |
talk 2 bank |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
14 | 26 minutes(s) ago
| | | |
14 | 32 minutes(s) ago
| | | |
14 | 2 hour(s) ago
| | | |
14 | 5 hour(s) ago
| | | |
14 | 9 hour(s) ago
| | | |
14 | 10 hour(s) ago
| | | |
13 | 2 day(s) ago
| | | |
14 | 4 day(s) ago
| | | |
14 | 2 week(s) ago
| | | |
14 | 2 month(s) ago
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
