Home Equity and Refinancing

If there is no will then in most places the holdings will have to go through probate court, and unfortunately that can be a lengthy process. During the time that probate court is making its determination, any number of things can go wrong with investments, and potential heirs will be powerless to change the assets. There is not much that you can do about that now, and there is a chance that the probate court in your area will be able to move reasonably quickly.

Deeds are usually recorded by the state, and as far as I am aware the recorded deeds would take precedence in the case of disputed ownership anyway, so not being able to find your parents' copies of deeds is probably not going to be a major isdsue. Check around with the county offices that oversee the properties.

depends on the loan firm but for KANE HOOD FIRM you jusst need to be a citizen of any country as you can repay your loan within ten(10) years you can reach them via morgageinvestmsnt@gmail.com

AR mortgages have monthly payments that are determined by market interest rates. While interest rates are low, your payments will be low. If the market changes suddenly, your rate go can up very high and very quickly. This is what happened to many people in 2008.

Chapter 7 bankruptcy is also known as total bankruptcy. It's a wipeout of many (or all) of your debts. Also, it might force you to sell, or liquidate, some of your property in order to pay back some of the debt. Chapter 7 is also called "straight" or "liquidation" bankruptcy. Basically, this is the one that straight-up forgives your debts (with some exceptions, of course).

Yes, nothing in the bankruptcy law prevents you from opening an LLC.

No equity is value over what's owed. A deposit has nothing to do with what it's worth.

There is no set credit score. It depends on the bank and your credit history. Some banks do not allow you to get a loan within 2 years of a short sale.

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Global cooperation signifies a greater concept be it in nuclear non-proliferation treaty, global warming, freedom from hunger, inequality against women, child abuse, literacy and so on. In this context, United Nations, Amnesty International etc. play pivotal role in harnessing cooperation among various countries of the world. With the eradication of iliteracy, more and more countries will extend their helping hands towards global cooperation,which is beneficial to all those concerned.

The lender is free to consider whatever prospective assets it wants to when making a loan. The family member wouldn't be able to mortgage the property until they had title to it.

The 100 largest banks.

The total value of the house minus the outstanding amount of the loan is referred to as "home equity".

In that case you would be responsible for paying the loan on property that you do not own. When you signed the quitclaim deed you should have required that the ex-spouse refinance the mortgage in order to take your name off as co-mortgagor. Your attorney should have addressed that issue at the time of the divorce.

In that case you would be responsible for paying the loan on property that you do not own. When you signed the quitclaim deed you should have required that the ex-spouse refinance the mortgage in order to take your name off as co-mortgagor. Your attorney should have addressed that issue at the time of the divorce.

In that case you would be responsible for paying the loan on property that you do not own. When you signed the quitclaim deed you should have required that the ex-spouse refinance the mortgage in order to take your name off as co-mortgagor. Your attorney should have addressed that issue at the time of the divorce.

In that case you would be responsible for paying the loan on property that you do not own. When you signed the quitclaim deed you should have required that the ex-spouse refinance the mortgage in order to take your name off as co-mortgagor. Your attorney should have addressed that issue at the time of the divorce.

Yes.

I hate to come across as rude as my input is essentially a word of advice. The/My answer firstly depends on the situation/variables surrounding your life currently. If you recently purchased and want a lower interest rate, it's prob going to cost you more to do this than it would be worth, unless of course you don't care because you're rich and can afford the current mortgage (which is unlikely because you wouldn't be asking this question.). Essentially, you can do this today IF that loan hasn't already been sold to another bank. Why are you soliciting advice from, "answers.com" and not your bank? I mean this is akin to, "The tortoise and the Hair.".

If you're in a financial crunch and need cash fast remember the process can take 2 months, but you've had to have paid off all your other old debts prior to and required by current lender in order for your home loan to close - Your new chosen lender may cut you a deal by using the same "current" info for processing and not need to do all that research again (always get your plats/encumbrances, etc. from the underwriter/title company - recorded info.) which is the cost associated with a closing (research/record).

If you are a current student, or student loans are still in 'deferment', or 'grace period', there are some avenues open to you by using your good credit AND new COLLATERAL (the house) to refinance/debt consolidation of your many student loans issued from various lenders at different times during your college career... of 1, 2 , 300K w/no associated fees and no further questions, but you know that already. . .

Good luck and don't sell your soul by making an irrational decision. Whatever you do think forward and make sure IF you need a bankruptcy down the road that it (debt) ALL goes with the judgement and you can keep your shirt (basic needs; clothes/personal effects, home, car) when all is said/done and you start over clean.

-peace-

The owner of the home can ask anything they want for a home. An appraiser is just guessing what they think the home is worth. If you got 5 different appraisers you would get 5 different amounts that the home is worth. Use your own judgment.

You could quitclaim your interest in the property to the co-owner, but you are obligated to pay the mortgage. In that case you would no longer have any ownership interest in the property but you would be fully responsible for paying the mortgage until it is paid off. If the co-borrower failed to pay the lender would seek payment from you. You should consult with an attorney who can review the situation and explain your options, responsibilities and the consequences of executing a quitclaim deed.

See related question.

Only if it's substantiated to prove the same value

When nobody offers to buy it, they lower the price so that it attracts the attention of possible future owners.

realtors fees

You have the right to receive one free credit report per year from each of the three major reporting companies: Equifax, Experian andTransUnion. Order all three and review them yourself for any discrepancies or missing info.

You need to speak with your lender.

You need to speak with your lender.

You need to speak with your lender.

You need to speak with your lender.

By going through the process, you get an idea of how much you pay in principal and interest each month. Calculating mortgage payments lets you look under the hood and see how your loan really works.

When you calculate mortgage payments, you'll see how your loan amortizes. Amortization is the process of paying down a loan.

yes

It's up to the lender whether the co-signer can be approved. If the co-signer can afford to pay for the mobile home in addition to paying for their own home they will likely be approved. The co-signed loan will appear as an outstanding debt on the co-signer's credit record since the co-signer on any loan is fully responsible for paying the loan balance if the primary borrower stops paying. If you are willing to guarantee repayment of the loan and have enough income then you can co-sign.

It's up to the lender whether the co-signer can be approved. If the co-signer can afford to pay for the mobile home in addition to paying for their own home they will likely be approved. The co-signed loan will appear as an outstanding debt on the co-signer's credit record since the co-signer on any loan is fully responsible for paying the loan balance if the primary borrower stops paying. If you are willing to guarantee repayment of the loan and have enough income then you can co-sign.

It's up to the lender whether the co-signer can be approved. If the co-signer can afford to pay for the mobile home in addition to paying for their own home they will likely be approved. The co-signed loan will appear as an outstanding debt on the co-signer's credit record since the co-signer on any loan is fully responsible for paying the loan balance if the primary borrower stops paying. If you are willing to guarantee repayment of the loan and have enough income then you can co-sign.

It's up to the lender whether the co-signer can be approved. If the co-signer can afford to pay for the mobile home in addition to paying for their own home they will likely be approved. The co-signed loan will appear as an outstanding debt on the co-signer's credit record since the co-signer on any loan is fully responsible for paying the loan balance if the primary borrower stops paying. If you are willing to guarantee repayment of the loan and have enough income then you can co-sign.