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First, buy the house in your name not your husbands. Do not have his name anywhere on the title and be sure he signs the waiver that says he has nothing to do with the deed or property. So, use only your credit. As long as all is in your name with only you responsible for making payments his bad credit will have no impact on your home loan.

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Q: What can you do if your husband had a foreclosure immediately prior to your marriage and you now want to buy a house and are having trouble?
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If you were in foreclosure but were able to refinance the home before the foreclosure went through how long will this stay on your credit report?

When I went through this they told me seven years, but it gave me trouble til 10 years to the day. At ten years and one day, it was like the world re-opened. the old loan which was in foreclosure, should show up as paid zero balance since you refinanced it. The loan and all of your late payments will still show up for 7 years.


Will foreclosure keep you from buying a house in the future?

It's better to sign the house back to the financer to save them the trouble of going through foreclosure, just for their convenience. If you keep your credit clean for a few (3 or more) years, you should be able to purchase a house, but be prepared to come up with a 20% down-payment and pay higher interest than others. Generally speaking a foreclosure will effect your ability to buy another home for around five years. If you are able to do it a short sale would be a better route than being foreclosed on. You can also consult with an experienced bankruptcy attorney if you have questions.


What happens when the bank takes possession of a company?

If a bank is on the brink of taking possession of a company, chances are the company is in financial trouble. When the bank does take possession it usually means that the company has gone into foreclosure. They will then sell the property and the company owners will need to settle their financial issues.


What are the banks in trouble?

Is decatur first bank in trouble


What happens to the first mortgage on a condo in Florida when the condominium association forecloses for unpaid association fees?

For the condo association foreclosure to be valid, the bank who holds the mortgage must be notified of the foreclosure action, and the mortgage company has the opportunity to do a couple of things: They can pay the delinquent condo fees themselves, to protect their own interests, and force the borrower to pay them back. If the borrower is unable to repay the condo fees, it could put the mortgage payments in default, and be grounds for the lender to begin foreclosure proceedings. If the borrower is behind in their mortgage payments, the bank can join in the condo association's foreclosure action themselves. This is actually a great assistance to the bank, as it saves them the time and trouble of initiating the lawsuit - they just get to piggy-back on the condo association's foreclosure, which makes the foreclosure sale happen that much sooner. And since the bank's lien has priority over the condo association, the bank would be the one to get paid off first if the property got sold to a third party at the foreclosure sale, or if nobody bid on the property, they would be the ones who would become owners of the condo. If, for whatever reason, despite getting proper notice, the bank does nothing and the condo association forecloses on the property. The first mortgage holder has a lien that always survives the condo association's foreclosure. In fact, second mortgages are usually superior to the condo association's lien for unpaid maintenance fees. Usually the condo association gets stuck with owning a property with at least one outstanding mortgage with an outstanding mortgage balance greater than the actual value of the property because of the decline in real estate value. Most condo associations allow the first mortgage holder to foreclose on the property after their foreclosure is done. The main point is that in Florida a condo association foreclosure has no effect on the first mortgage.

Related questions

Is it right for a husband to have relationships with past girlfriends when marriage is in trouble?

No, it is not. work on saving the marriage or get out of it.


Why do some husband never believe that your marriage are in trouble?

Because they got used to the same talk!


Do I have to get a divorce if I haven't seen my husband in 26 years?

Yes, the marriage is still recognized. You need to go file the paperwork and it shouldn't be much trouble.


Can one parent get in trouble by other parent by signing marriage licence for minor?

Since it requires both signatures, how would there be any trouble, as there would be no marriage.


What do you call a business onwed by a husband and wife?

Trouble.


What husband expects from his wife?

it depends on the husband. you should ask him. it will save a lot of trouble and worry.


Is it illegal for a third party to cause trouble between a husband and wife.?

Depends on what kind of trouble. not directly.


What are the release dates for Dr- Phil - 2002 Twin Trouble and Marriage Misery?

Dr- Phil - 2002 Twin Trouble and Marriage Misery was released on: USA: 6 December 2013


If a marriage are in trouble husband have affair why is the wife the first to be blame?

Honestly I can't say. All I can tell you is that usually the man is looking for something he was missing in the marriage. I don't necessarily mean it was the wife's fault or anything but in my opinion that's what I would think. The husand is just looking for someone else to take the blame for his bad behavior. If he was unhappy in his marriage, he should have sought counseling or a Divorce lawyer . The wife should not take the blame if she has been honest and faithful to her husband.


Knowing that Mrs Mallard was afflicted with a heart trouble great care was taken to break to her gently as possible the news of her husband's death Kate Chopin The Story of an Hour Based on t?

Mrs. Mallard receives the news of her husband's death with mixed emotions, as she initially feels a sense of freedom and liberation from her marriage. However, her feelings quickly turn to sorrow when she realizes that her independence is short-lived. The story explores the complexities of marriage, freedom, and the societal expectations placed on women during the time it was written.


Will you get in trouble for claiming your husband on your taxes?

I believe you will be fine, as long as your husband is not claimed by anyone else including himself.


What does it mean when a person has dreams of their husband leaving them?

The dream suggests that you have suspicions about your husband's faithfulness, or that you feel insecure in your marriage. The dream does NOT provide solid information about your husband's thoughts, feelings or intentions; instead it reveals your own deep doubts. One possibility is that in real life, you have been ignoring obvious signs of trouble in the marriage, and this dream is a nudge from you own mind to pay attention to your actual situation. But another possibility is that the dream stems only from your own imagined insecurities. Either way, this dream can motivate you to take a good, clear-eyed assessment of what is really going on in your marriage.