Home Equity and Refinancing

For the 2009 tax year amount. The maximum amount you can claim for the credit is $1,000 for each qualifying child.

The rules for the 2010 tax year will NOT available until the end of the year 2010. for all of the rules go to the IRS gov website and use the search box for Publication 17 go to chapter 34 Child Tax Credit

Generally you have to list your home as an asset. But there are different kinds of bankruptcy, and if things work out, your home ownership could be protected. See a bankruptcy lawyer!!

If you mean because you're in default and want to avoid foreclosure, it's called a "deed in lieu of foreclosure" and it's usually part of an overall agreement that hopefully also extinguishes the mortgage debt. Typically the mortgage company is not required to accept it. They drive the bus.....

no

$4,918,262,770,000

2007 US Census

$100,904 (avg. principal owed) X 48,742,000 (owner occupied homes)

Note: 24,885,000 owner occupied have no mortgages

The borrower is the grantor, the lender is the grantee.

Yes this is possible.

What

i am 65yrs + live Nevada consindering walking away from my mortgage .the house is way upside down and i connot retire and continue to make house payments. i have good credit and i am still working full time but soon working will have to end the credit i do not care what rating i but would not want a judgment put against me

Tracy Ellis Ross

The mortgagee clause will give the lender notice of cancellation but it will not protect the lender for actions or damages done by the insured on the policy. All property policies specifically exclude intentional acts by an insured.

http://www.sterlingnational.com/calc4.asp

you can look on any web site for a mortgage calculator this should help

usafhamortgage.com

or email us at usafhamortgage@gmail.com

Speak to your attorney. They will be able to complete paperwork to allow the courts to have the property changed to your name. Your mortgage might still be in your mothers name until you are able to refinance or somehow have the mortgage company change the account info, but the house will be in your name with the county courts system.

Possibly, if Wells Fargo is the servicing company for Bank of America. Maybe the loan at one time started with Wells and they sold the loan to BOA. They could have retained the servicing of the loan.

That will depend on the separation agreement. Or it will be specified in the divorce agreement.

Most states provide some form of homestead exemption against creditors for your primary residence. However, the amount protected varies by state. The inherited property may be vulnerable to your creditors. Your creditors may seek judgment liens in civil court and may be able to record those liens in the land records thereby preventing a refinance or sale until the liens are paid. You should consult with an attorney, perhaps the attorney who is handling the estate.

6,000,000

Yes, but only for FHA loans. As of last week many FHA guidelines were changed. One of those Guidelines include the percentage buyers can obtain in Seller provided closing cost. Previously, a buyer could receive up to 6% of the purchase price from the seller for nonrecurring closing cost (in the state of California and I believe nationwide but I am not sure). As of last week the max is 3%. This reduction is said to prevent inflation of sell prices. Generally, a seller will increase the asking price of any given property with the assumption that the buyer will require up to 6% back to cover closing cost, this process inflates the market value of a house. I hope this answers your questions

Shira Crawford

Realty World Agent

Monterey, California

(949) 232-3232

In order to get a loan for a US business when domiciled outside of the US, one has to either provide collateral or demonstrate that the business is providing enough cash flow to cover the debt in some period of time.

Please be careful when evaluating loans - if someone offers one a cheap loan compared to othe lenders, there is a high likelihood that the provider is committing fraud. Also, do not EVER send money to someone in order to be "considered" for a business loan - the lender (if "lender" is the appropriate word) is most certainly running a scam.

YES!!!

Yes, many good homes you can find by the use of gulf coast mls of samwinter.com. This real-estate company will help you to find best homes in Alabama state. This place is beautiful, many good universities are there, which is really nice for stidents.

It definitely does...

You have to wait eight years after filing for Chapter 7 and 4 after filing for Chapter 13.

12.75 to 13.5%