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Buying your house in cash is a great idea if you can afford it. Most people cannot. Another way would be to rent-to-buy or to talk with the community about other options
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∙ 12y ago
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What is an antonym of mortgage?
There is no antonym of mortgage. The opposite of owning a property that is encumbered by a mortgage is owning a property that is free of any debt.
Can you refinance your 1st mortgage after discharge?
If your first mortgage has been discharged it cannot be refinanced since there is no longer any debt. You can grant a new mortgage.
If a debt collector puts a lien on your house does that mean your mortgage co forecloses your house?
It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.
Is California a non recourse debt state?
California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.
Do debt consolidation companies offer debt advice?
Yes, any good debt consolidation company will offer debt advice. They will go over all your options and give you some tips of how not to let this happen again.
Where can I find information on mortgage debt relief?
Mortgage debt relief is an incredibly hot topic the world over. Generally, one should look into a credit repair type company for assistance in any type of debt relief, including a mortgage debt.
What is an antonym of mortgage?
There is no antonym of mortgage. The opposite of owning a property that is encumbered by a mortgage is owning a property that is free of any debt.
Where can a person go to get tips on dealing with college loan debt?
A person looking to get tips on how to get rid of college student loan debt can got to a website like forbes or any other sites. These sites will give you tips and help you get out of debt.
Can you refinance your 1st mortgage after discharge?
If your first mortgage has been discharged it cannot be refinanced since there is no longer any debt. You can grant a new mortgage.
If a debt collector puts a lien on your house does that mean your mortgage co forecloses your house?
It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.
Is California a non recourse debt state?
California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.
Do debt consolidation companies offer debt advice?
Yes, any good debt consolidation company will offer debt advice. They will go over all your options and give you some tips of how not to let this happen again.
Where can you find some tips for refinancing your mortgage?
Anyone seeking tips about refinancing a mortgage can find information at any bank. They have loan officers who can explain all the ins and outs of the refinance process, whether or not it is a good time and the different types of mortgages available.
Is mortgage elimination a scam?
Generally YES. There are legitimate plans that help you manage your finances and pay your debt down faster, but any programs that promises to eliminate or invalidate your mortgage are not legitimate.
What are the requirements for a no fee remortgage?
The requirements for a no-fee refinance mortgage are being in good standing with your current mortgage, having sufficient income, and having a good debt-to-income ratio. The requirements for a no-fee refinance mortgage are essentially the same as for any other type of mortgage.
What happens if you lose your job after filing Chapter 13 with a wife who works a mortgage and two car notes in Ga?
If you are unable to make the mortgage payments, you will lose the house to foreclosure- there is nothing you can do at that point. The only option would be to convert to a chapter 7 to discharge any other non-mortgage debt. If you want to keep the cars (or any secured debt for that matter) you will need to KEEP making those payments.
Are you responsible for the mortgage on the property that was left to you as an inheritance?
You are only responsible for the mortgage if you are willing to accept the debt. If you are not willing to accept the debt you simply allow the property to be entered into probate and foreclosed on by the lender. You are not responsible for any monies owed regarding said property even if it was "willed" to you unless you choose to do so.
