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Q: Why is it you have to have 6 months worth of payments on both homes in the bank before you can buy one out of the 2?
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If I pay about 6 months worth of mortgage payments so I can be ahead what will happen if my house was to get destroyed Would I be out of all 6 months worth of money?

It sounds like you would be expecting a refund. You owe your mortgage payments even if your house gets destroyed. If you paid six months ahead your money is gone. You won't get it back but it would reduce what you own on your mortgage. However, if you have a mortgage then it is likely you have homeowner's insurance that would restore/repair your dwelling.You may also be expected to make your monthly payments. If you are contemplating this type of move it would be best to discuss it with your mortgage company before you send in any extra payments.


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Try this site:* http://whatsitworthtoyou.com/


What can you use a a refinance calculator for?

A mortgage calculator can be used to find out if it is worth it to refinance your monthly payments, if it will lower your payments and if you would save on interest and fees. By entering your data you can decide if it is worth it to refinance your home mortgage.


Are homes in Highland Park Texas worth more than homes in University Park?

Depends on the house..... but in theory no.


What services does Gehan Homes provide?

Gehan Homes designs and builds homes in the Austin, Dallas/Fort Worth, Houston, and Phoenix areas. The company focuses on building luxury homes in thriving communities.


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What dealership in Fort Worth, TX has the most reasonably priced motorhomes?

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You owe 4000 dollars more than your car is worth you can't afford payments what are your options?

You could try refinancing for an extention, for example; if you have 12 months left to pay, get a loan for 24 months. You will end up paying more interest in the end, but your payments will be lower. Another option, sell the car for what it is worth then get a loan to pay off the rest of the car in order to get the title and sign it over to the new buyer. The difference ($4000) you had to take a loan out for can be paid off a bit easier than the whole amount. Another option, get a second job to afford the car.


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If a car was repossessed and you called and said you would pay all late payments why wouldn't they let you have the car back?

Perhaps the car is worth more than the remaining payments!


Is an amortization loan worth it?

Amortization is just another name for the monthly payments you will be making. It is not a type of loan.