Home Equity and Refinancing

If a husband and wife buy a house together and the wife's name is not put on the deed until the second mortgage, yes, the deed is still shared after the second mortgage is paid off.

Yes, the husband can rent the house if he has the Mortgage in his name but the Deed of Trust is shared.

personal balance sheet

There are many steps in purchasing a home. Here are the main ones:

--You have to get financing and know how much you can afford. Usually you do this before selecting a home by getting pre-approved for a certain level of financing (what you can afford, or what you are comfortable with. Don't buy a home if you aren't comfortable with the level of debt. It is often better to buy smaller and pay it off sooner than to struggle at the very edge of what you can afford.) If possible, make sure you have a down payment ready for 20% of the purchase price. If you do, more loan options will be available to you.

--You have to select a home within your budget. This can be tough, depending on what you are looking for, and what your timeline is. Don't let a realtor rush you into buying something you aren't going to be satisfied with.

--You have to get a home inspection. The inspector should point out anything that might be wrong with the house, so that if it is serious, you can back out of the deal.

--The home has to be appraised, to make sure it is worth what you will be paying for it.

--The loan has to be officially approved. Even if you have a pre-approval, this isn't a sure thing. It depends on lots of things. Just make sure you don't lie about who will be living in the house, if you will be renting it out, etc. This might have tax repercussions if you aren't going to be living in it yourself, but if you get caught in a lie, you could be on the wrong side of the law.

--If all of the deadline dates go through smoothly, then there will be a closing, where everything is signed and the house becomes officially yours.

It depends on local legislation. It may be considered communal property. You need to consult a lawyer.

In Ohio, signing a quick claim deed to land and a house when your name is on the loan will still make you legally responsible for the loan.

In Ohio, if you sign a quick claim deed to land and a house when your name is still on the mortgage loan, you will still be responsible to the bank.

Equity Bank's population is 5,200.

A reverse mortgage is a home loan taken out by a senior home owner that requires no loan payments for as long as the borrower remains living in the house.

You will likely be paying for it the rest of your life. The loan is called a mortgage... mort-gage meaning death-pledge.

No, bonds and equity are not the same. Bonds are debt instruments where investors lend money to an issuer in exchange for periodic interest payments and the return of principal at maturity. Equity, on the other hand, represents ownership in a company, giving shareholders a claim on assets and earnings. While both are investment options, they have different risk profiles, returns, and rights associated with them.

Basement. There will be much more planning, re-inforcing, damp proofing and ventilation requirements as they will be under the main structure which they have to secure befor they can start the dig out process

If you short sale a house you don't have to wait any specific amount of time to purchase a dwelling. It does mean that the interest rate on the new mortgage could be higher than normal, or it may be more difficult to purchase a new dwelling due to the poor credit score resulting from the previous short sale.

Perhaps. It will depend on what the equity is in relationship to the purchase price. If you sell the home for more than you paid for it, the 'profit' amount is taxed as income. There are exceptions for those selling over a certain age. You need to consult a CPA or tax attorney for the specifics.

Up, up, and away.......like in the song from the 5th Dimension.

A seller who sells a house in which he has lived in for two of the last five years will have to pay about $5000 in form of capital gains.

Thornburg Mortgage ended in 2009.

There is not a time limit on how long you have to wait to buy a home after a short sell. It all will depend on how long it takes to clear.

Home Owners' Loan Corporation was created in 1933.

There is no such thing as an average home insurance cost. Every house has it's own risk factors.

The cost of home insurance is determined by many factors such as your region, past weather history of your area, the owners credit rating, number of claims you have filed in the past, number of claims filed on the home in the past, etc, etc,

Ameriquest Mortgage ended in 2007.

Yes you can have the fees included in the loan, though upfront costs might include mandatory counseling and appraisal fees.

The cast of Home Sweet Home - 2007 includes: Lia Neil as herself Vince Neil as himself

The cast of Home Sweet Home - 1912 includes: Charles Arthur as Charles Morris Ethel Clayton as Mabel McCullum Mabel Harris Bartley McCullum as Parson McCullum Harry Myers as Harry Morris Marie Weirman as Marie McCullum

The cast of Home Sweet Home - 1973 includes: Marcel Ameye Dynma Appelmans as Marguerite Van Der Plats May Dale as Sidonie Phili Dany Fifi de Scheemaker Ernest Delamine Eva Djakky Daniel Dury Frank Genoe Claude Jade as Mademoiselle Claire Marcel Josz as Jules Claes Mademoiselle Josz as la fille de Jules Henriette Lambeau as Annette Poels Jacques Lippe as Le commissaire de police Elie Lison Elise Mertens as Anna Van Grammelaer Jane Meuris as Flore Germaine Pascal Mieke Peters as Mieke Ann Petersen as Yvonne, la directrice de la maison de retraite Madeleine Stradel Anna Wagram as Mademoiselle Hernotte