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First question; Why is this other person in your house? Is this YOUR house; that is, is your name on the title? Who is the other person, and is HIS name also on the title?
If it's your house and the other guy is a friend or renter, you can have him evicted. If the other person has some right to live there - for example, if you are two siblings and your mother left the house to both of you, then you're going to need to try harder to get along.
What else can I help you with?
What is personal finance mortgage?
Personal Finance Mortgage is when you as a person finances something through a bank or a lender. For instance, you can finance a home, car or an other material object.
What can I get a mortgage for?
You can get a mortgage to buy a home or other real estate property.
Who can you talk to today about prepaying a home mortgage?
You have to talk to the person or company or bank who holds the mortgage.
What does held harmless mean in a home mortgage?
In a home mortgage, hold harmless means that a person knows that they accept all of the risks of the home mortgage. This includes any and everything that may happen while the mortgage is being held.
Where is it possible to refinance a home mortgage if someone has bad credit?
There are many places a person can go to refinance a home mortgage if they have bad credit. Bad Credit OK and Quicken Loans are two websites a person can use to help refinance their home mortgage.
How can a person refinance under another person's name?
In most states, it is not necessary for the mortgage holder to also be listed on the title of the home. For example, I may purchase a home for my mother...the mortgage is in my name, the title to the home is in hers. Of course, the lender/bank is the actual owner of the home until they are paid in full.There are so many questions that have to be answered before a good answer can be given to you. Are you also going to be listed on the mortgage? If not, then the "other person" is essentially buying the home from you...or for you. In either case, you should start by contacting a mortgage broker (not a bank, they are very different) and telling them what you want to do. Since every state has different rules, they can tell you exactly what you need to do and they can also get your "other person" in to get qualified for a loan.
What companies offer home mortgage loans in California?
The Homepath company offers home mortgage loans in California and other states in the USA. Other companies offering home mortgage loans in California are Firstcal and Cal-Lending.
How can one refinance his mortgage?
A person who wants to refinance their home needs to find a mortgage company to do so. The person will need to discuss options of their home, credit and bank information pertaining to the refinance.
What are the benefits of purchasing home mortgage insurance?
A home mortgage insurance allows a person to buy a home without meeting the 20% down payment. it also allows for more flexibility by affordable premiums. Home mortgage insurance can be transferred from one home to another.
How does a second mortgage appear on your original mortgage?
When a person or family buys a home with a mortgage, it is registered with the county or city registry as the first mortgage. The first mortgage is paid off first in whatever case. A second mortgage on the other hand is a secured home equity loan against the same property. If you default on your mortgage payments the lender has to wait after the till the first mortgage is paid. For this reason the second mortgage rates may be higher. Second mortgages are usually smaller loans.
Can a person agree to keep on paying certain obligation such as a home mortgage?
If two people owe a mortgage and one agrees to pay it, the bank is under no obligation to free the other person from their obligations under the mortgage. If the person fails to make the payments both mortgagors will be held equally responsibility for paying the mortgage and in the case of a default it will be reported on both credit records. The answer is yes, a person can agree to keep paying a mortgage but their agreement will have no effect on the obligations of both mortgagors.
Can a person agree to keep on paying for certain obligations such as a home mortgage?
A person who executed a mortgage has already agreed to be responsible for paying it until it is paid off.
