 Is it a good time to buy a house? |
hi,
im 24 and coming close to buying my first house. i live in Andover, mn about 25 miles north of Minneapolis. Im lookin at buying a foreclosed house as a fixer upper. I probably wont live ... |
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 I have an adjustable rate mortgage. Stupid I know. If the time comes to reset how big of a change should I ex? |
| pect on my interest rate. Currently it's 9.14%. Current balance: $75,000. In March I will have had the loan for 3 years.... |
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 Please help! tell me what you think about this crazy idea!? |
Your Question
Is this an absolute insane idea? what do you think?
Okay, so my mom has just gotten out of a divorce and doesnt have great credit, her house is in recievership and if it ... |
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 I need advice?? |
| what are the best steps i should take??? i want to purchase property, fix it up, then sell or rent it out..... |
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 What are your pros and cons on a one-story house and a 2-story house? |
| I am in the process of buying a home and I am confused between 2 houses. One is a single level and the other a 2 level. They are both very nice. My sister tells me that the single level because I ... |
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 What to do with an Adjustable Rate Mortgage? |
| What can I do with my Interest Rate that is now variable? Now that my property decreased $15,000, the monthly payment is now way higher, I don't want to pay the mortgage anymore, and I can'... |
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 What are the differences between a 30, 40 and 50 year mortgages? |
I want to refinance my home for a 40 or 45 year mortgage. What are the avantages and disavantages of this type of mortgages?
T... |
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 Really need your help on buying a house.......? |
| My offer on a house has just been accepted for £91,500. Was orginally on market for £105,000 in Jan this year then was reduced to offers over £100,000. I have paid for Surveyor and Valuers fees ... |
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 I have a shmuck for a landlord!!! Help is appreciated.? |
| My landlord really stinks when it comes to making repairs. I've reached my wits end and waiting for my lease to end in another 6 months. Gas company recently did test on gas lines in my area. My ... |
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 My lanlord wants me to move out in exchange for money and is offering 5,000 dollars is that the most I can get |
Is there a way that I can get more money from my Lanlord.
Additional Details
He wants to move out because he is remodeling all the apartments and I want to know if there is a legal ... |
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 How much should I charge for renting one room in my condo. Should I request half of the mortgage? |
| I think I found the right person to be my roommate, the problem is that I dont know how much to charge her for rent. I dont know how much people pay when renting just one room. I want to tell her to ... |
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 Process2Get home loan for a 17&19yr. old with good credit? |
My husband and I want to purchase a home. We already have a trailer but want a house. How hard do you think it will be?
Additional Details
Also, I am a teller at a local bank. (If that ... |
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 Who thinks this mortgage bail out is BS? |
| This is total crap. I had a 1 year interest only loan that originated in August of 2005. My interest rate adjusted to a crazy number a year later ( when my plans to move again changed) almost ... |
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 How much money do i need to buy a house?? |
| this might sound ridiculous but i really dont wanna RENT as i feel its a waste of money..im 20 years old and im finishing my 2 years at a community college..i have a relatively stable job with good ... |
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safdman | My Girlfriends Ex-Husband of 12 Years Tricked Her Into Signing A Home Equity Loan. Can She Get Off? |
She divorced him 12 years ago. 3 years after the divorce he refinanced the mortgage and took her name off. He never removed her name from the property deed. 4 years after the divorce he got a home equity line of credit and mailed her the signature sheet and told her she needed to sign in order to get off the loan. Total BS. He's started the process to remover her from the property deed. Doesn't he or she need a quit claim deed or some other instrument to remove her from the home equity line? She's not on the mortgage so the only liabilty is the revovling credit line. She's not real bright for sgining somethign w/o knowig what is was, granted. But, wouldn't a quit claim deed work or should her ex be forced to totally pay off and remove her name from the security instrument? |
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OC Boarder
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Don't people read what they sign?!?!?! |
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Deliah
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HOLD THE PHONE!!!!!!!
She should not in any form or fashion sign a quit claim deed!
He can not take her name off unless he does it illegally or she is stupid enough to sign a quit calim form.
Then she tells him if he wants the deed she wants her name taken off the HELOC PLUS a nice sum of cash.
I repeat
SHE SIGNS NO QUIT CLAIM
I repeat
SHE SIGNS NO QUIT CLAIM
And did I mention
SHE SIGNS NO QUIT CLAIM |
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baby f
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Best Anwser- Chosen by Voters
You need to call Frank IMMEDIATELY at 661-635-4900 or 919-802-3119 or 866-728-8587. He can get you financed with his network of over 400 lenders (up to 100%) even with bad credit. He has helped me with 4 properties and it has saved me thousands per month. He also helped me with foreclosures and made me a ton of money. He is an expert in this area.
http://www.realestatefundingnetwork.com |
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Bill
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Basically, you're telling us she cosigned his home equity loan (because her name was still on the title). She needs a release from the mortgage lender, not her ex.
A quit claim deed won't do anything here. All that does is say "if I have any interest in it, it's yours." I could give you a notarized quit claim deed to the moon, for whatever you're willing to pay. |
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Ralph Z
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First step,Have her call the bank or mortgage company and explain the situation.
Next step,get a lawyer. |
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sup
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check to see if she is really obligated to pay it off. To be on the loan she would of had to of had her credit pulled and fill out a credit application. Check with the credit agencies as well. Something doesn't sound right here..she probably had to sign something just because she is still on the deed. |
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tushanna_m
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Probably all she needs to do is contact the bank where the line of credit is, tell them she no longer has any interest or obligation in the property due to divorce, and ask them what they need as justification to remove her. All I had to present was the divorce decree and property settlement agreement. Of course our revolving LOC was signed prior to the divorce, so if they catch that, she may still be liable, particularly if there is a balance or a poor payment history. At a minimum she can insist as a joint owner that any farther obligation toward her name be removed and it be closed, so he can't keep racking up bills in her name. |
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kelly
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I think the the first thing that I would have her to do is to contact the home equity loan place and tell them what happen and what she did, but the real question is how long ago did this happen? If it is with in the three day period she can get out of the contract and say that she changed her mind, if it has been longer than that, than she really doesn't have a leg to stand on but to tell him to get the hell out of her home, she can be held responsible if some one gets hurts on the property, the next step that i would do is contact a divorce attorney and tell them what as happen, maybe they will be able to force him to sell the home and she can get half of it or force him to refinance the home equity loan just in his name only. Good luck and wish y'all the best. |
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