Generally the mortgage will be recorded in the land records. The land records are public records and your wife can check the land records in your jurisdiction to review any mortgages on the property.
You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.You can take back a mortgage yourself. However, remember that you already know the potential buyer has poor credit and may not pay the mortgage payments. You should obtain legal advice from an attorney.
No, the purpose of a reverse mortgage mortgage is to eliminate mortgage payments permanently.
You still own the house if you have a reverse mortgage, yes.
Can I still get my w-2 form? how to obtain social security W2 form from 2009
No. You are in debt as much as you still owe on the mortgage.
You will need mortgage insurance as long as you still have a balance to pay on your mortgage, so in essence for as long as you have a mortgage.
The easiest way to increase your mortgage broker services is to go into commercial mortgage brokering. There is a fantastic book that provides you with all the information you need to make the transition. See related link.Commercial mortgage brokers are still making nice money in some areas, regardless of the economic downfall.
yes
You, personally, do not, what with being dead and all. Your estate, however, is still responsible for the mortgage.
it is quite unlikely that you will be able to get a mortgage lender with that history.
The best place to get information on no income verification mortgages would be to contact local banks and mortgage brokers and see if they still offer this option. You could also try contacting private lending services and see if any of them could help you.
The biggest problem with second mortgage foreclosures is that you can lose your home even if you are still current on your first mortgage. The second mortgage, if defaulted on supersedes you first mortgage.