Posts tagged happens

What happens if we rent out our FHA refinanced home?

4
1 year ago
by admin in

Question : What happens if we rent out our FHA refinanced home? We’ve lived in this house for two and a half years and 5 months ago got an FHA refinance. However we may have to rent this house out because of economic problems. Could we get in trouble for this somehow? Our Mortgage is underwater so if they tried to call the loan or foreclose in my opinion that’s their problem…we’re just at that point. Funny thing is we’ve always paid our bills on time and it seems the people who don’t are getting all the breaks. fha refinancing

Best answer:

Answer by sassy2First your homeowners’ More >

if i file bankruptcy what happens to my heloc loan?

2
1 year ago
by admin in

Question : if i file bankruptcy what happens to my heloc loan? the heloc loan is in my name but the house is in both my ex-wife and my name. We are devorced. heloc loans

Best answer:

Answer by mister edit will be consider just like any other bill – becomes part of the settlement!!

Does NJ require a disclosure statement be completed? What happens if I lied and the buyers find out?VOID??

1
1 year ago
by admin in

Question : Does NJ require a disclosure statement be completed? What happens if I lied and the buyers find out?VOID?? If the buyer find out that I have lied, we are out of three day review, and the lies were discovered during the home inspection? Can the buyers now back out? home inspection nj

Best answer:

Answer by Richard HYou should discuss this issue with a local real estate attorney familiar with NJ law.

what happens if the at fault person will not respond to the insurance company after an accident?

2
1 year ago
by admin in

Question : what happens if the at fault person will not respond to the insurance company after an accident? i got into a car accident on the 14 the at fault person failed to yield at a stop sign and hit me coming down a one way. my car is totaled and theirs is not. my husband is in the army we were expecting to come home for the holidays and we have to drive to arizona next month and we now have no car. the at fault person will not respond to the insurance company so that they can get their side of the story and there can be a decision made so that me and my husband can take necessary action More >

What happens to the second mortgage when the first mortgage forecloses?

4
1 year ago
by admin in

Question : What happens to the second mortgage when the first mortgage forecloses? I am going through a foreclosure on my first mortgage, what are my options with dealing with the second mortgage? Any legitimate websites with guides for dealing with the aftermath of foreclosure would also be appreciated. second mortgage

Best answer:

Answer by Real Estate Guyread this article. It should explain http://www.washingtonpost.com/wp-dyn/content/article/2008/04/11/AR2008041101914.html

Previous owner of home died home was quik deeded to adult kids what happens to loan on home. refi or remain?

2
1 year ago
by admin in

Question : Previous owner of home died home was quik deeded to adult kids what happens to loan on home. refi or remain?

home loan refi

Best answer:

Answer by sassy25They must refinance the loan in their names.

Mold Remediation: First steps toward recovery before it happens

0
1 year ago
by admin in

not an expert on disaster recovery, but I know a few things when it comes to water damage am. The explanation of the columns, which I will never forget is that the water follows the path of least resistance. Yes, it can be a nightmare. I remember my first attempt on a project that had suffered heavy water damage during a flood, to believe me? | Where do you start?

Well, if you have a flood in the basement, or may have suffered a skylight Leaka? | Maybe even a cracked foundation which suddenly created a new faucet in your house that you can not turn off, run! The floodgates are officially More >

What happens with the owner to finance a short sale?

0
1 year ago
by admin in

When you negotiate a short sale or purchase of tickets by the Bank on a standard property ITA?? s easy to overlook the possibility of a mortgage decision against the owner after the sale will be filed. It may be standard practice, a bank is a lawsuit against the owner of the BOF file a mortgage after a property has been sold for less than their mortgage.

A typical short sale includes negotiations with the bank buying a property at a lower price than what owed on the mortgage for homeowners. This allows you to take a cheap property, discharging a mortgage lender that the owner only Cana? T More >

Mortgage applications online, what happens after you click send?

0
1 year ago
by admin in

concept, get a mortgage quote from 4 or 5 different mortgage companies is a wise decision, and the lowest mortgage rates you qualify for to find. Mortgage companies and brokers say they can hundreds of thousands of lenders and programs, and I’m sure they do, but I still have a mortgage broker, to see this Magic lender that you have a better mortgage, then all other mortgage- Broker in the market. Ultimately, they all have the same access to funds and programs as well, it’s just that some mortgage brokers to know their programs better than others.

The problem today with the presentation of More >

What happens to a second mortgage when a home is purchased at a foreclosure auction?

4
1 year ago
by admin in

Question : What happens to a second mortgage when a home is purchased at a foreclosure auction? I am going to bid on a house at foreclosure and it has a 1st mortgage of $ 280K and a second of $ 70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes? second mortgage

Best answer:

Answer by Karen RIf Countrywide is currently the 3rd mortgage and you buy it at their foreclosure sale you More >

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