Loans

This is totally up to the lender. If the lender refuses, you would need to refinance the loan in order to change it. If you have special circumstances beyond your control, you may qualify for an equitable grace period to change the loan. Your state office of financial institutions will be able to provide state-specific info.

I believe it depends on the state you live in.

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed).

And I also agree with the advice given below. A competent and successful property manager will get vacancies filled. In a slow market, it's natural for a home to sit vacant for a few weeks, but the property manager should be doing everything in his/her power to get that home rented - including aggressive marketing.

the landlord of course, but the landlord may need to start looking for a more reliable property management company.

I am not sure about a 201K. Is it possible you are looking for information on a 203(K) ?

The 203(K) is a FHA Rehab loan. It basically is a mortgage with some repair money available. It can be used on a single family residence, a Duplex or a Fourplex.

It can be used three ways.

1. To purchase a home and the land it is on and then rehabilitate or repair it.

2. Refinance a home you currently own and rehab or repair it.

3. Buy a home at one location and move it to a foundation at a new location.

If by "pay the balance owed" you mean "pay off the debt completely" then no, they cannot.

If you just mean "make up all the missed payments," it's murkier. You should contact the finance company immediately, because generally they don't really want the car, they want the money, and if they think they can get it without taking the car, they'll jump at the chance since it's a lot less hassle than going through the whole reposession process.

That sounds like a question for a real estate agent. Try using a PA real estate site that has live chat to help answer any questions you might have.

Question: I am behind on my car payments. The bank hasn't sent me any delinquent notices so could the "repo man" come and take my car away without my permission? Answer: Yes! In many states, if you are behind in your car payments, the lender can "repossess" your car without warning. The lender (or, more likely, the repossession company that the lender hires) can hotwire your car or use a duplicate key and drive it away from any location. The only limitation is that they can't illegally enter your locked home or garage. Don't wait around for repo man to find your car. Instead, take action. First, determine whether your inability to pay your car note is temporary or long-term. If it's temporary, immediately contact your lender, explain your situation, and try to work out a short-term solution (maybe adding the missed payment to the end of the loan term). Or, borrow money from friends or family to get current on your car loan. If your situation will be long-term, you should still contact your lender and try to buy some time. Then, sell the car yourself and use the proceeds to pay off your car loan. If you let the lender repossess the car, it will sell the car to cover what you owe on the loan and also charge you fees for repossession, sales costs, and the like. And if the sales price is less than what you owe (including all the extra fees), you will still owe the lender money even though you no longer have a car to show for it. It's far better to sell the car yourself -- you'll get a better price, won't be charged extra repossession and sales fees, and may even have some money left over after you pay off the loan. You need knowledge in dealing with creditors as Phil Turner's Credit Bible notes. Staying in front of your problem is best.

No. Simply the action of obtaining a payday loan does not effect your score negatively. The timelyness of how you repay the loan effects how the loan company reports the the bureaus. If you pay on time it will be positive and late pays visa versa.

An interest only mortgage is when you only pay back the interest you owe - you always stay at the same level of debt it just doesnt grow. on a re-payment mortgage you are "repaying" the money you owe. (slowly!) - see below borrow 100,000 interest =5% on interest only you would pay 500 a month (5% of 100,000) if on repayment you pay 1000 a month - but each month you still pay off your 5% interest plus 500 comes off the total you owe. ***figures as examples obviously***

lots of money

There is none.

All mortgages are assumable, but only some are inherently assumable due to their lack of a due-on-sale clause. These include FHA mortgages, USDA Mortgages, and VA Mortgages as well as ARMs.

In order to assume a mortgage, in most cases, it is necessary to qualify under the same creditworthiness standards as getting a new loan. With VA Loans you do NOT need to be a veteran to assume the loan

If there was any fraudulent information on the credit application, the loan may be in default. Check the loan agreement and the credit application for terms of default/recision.

Some who has character

My Friend it is very difficult to get car loan with no credit and no cosigner although you have to contact some good car lenders in your area they can guide you better.

It is important to understand what you mean by owing everyone. The four factors involved in buying a home are... 1. Credit 2. Down Payment 3. Debt load 4. Reserves.

The good news about SSI is that we can "gross" it up. Lets lay you receive $2,000 / Month SSI. Many programs out there will allow us to count 125% of this monthly amount as income. Therefor in this case we can use $2,500 as a qualifying income.

The reason for this is that SSI does not get taxed like traditional income.

If you have a small down payment or if your Real Estate Agent can negotiate a seller paid down payment that can help also.

Yes, this is GURANTEED SAVINGS of time and money. For example, I know of a family who were in their mid-forties. They decided to make the incremental equivalent of an extra payment per year, to principal only, by increasing their monthly mortgage payment by 1/12th--a mere $153 in their case. Their discipline saved them $114,837 in interest and 85 payments! NOTE: You save more time and money when you reduce your principal balance earlier in the year as compared to later. In our example, instead of increasing your monthly mortgage payment by 1/12th, you are better off increasing your monthly mortgage payment by 1/6th for the first six months of every year. See examples below: 1 lump sum ($1,834.41) at the start of every year--$119,158.76 interest and 87 payments. 1/6th of mortgage payment ($305.74) for the first six months of every year--$117,147.07 interest and 86 payments. 1/12th of mortgage payment ($153.00) for every month of every year--$114,837 interest and 85 payments. Additional GURANTEED SAVINGS is realized when you employ one of the following five mortgage acceleration techniques: 1. Extra Principal Payments (EPP)

2. Frequent Fractional Payments (FFP)

3. A combination of EPP and FPP

4. Utilizing a Home Equity Line Of Credit (HELOC)

5. Utilizing a HELOC and Credit Card

Please define what you mean by "constant". Thank You!

See your lender. You may have to refinance because the mortgage was based on both your credit, income etc.

If that is the case you will have to go through an entire new mortgage process just for yourself.

If you cannot afford to refinance on your own, the other person can force a sale of the house by using the courts.

I would say that you should delay buying a house at this time. If you are financially unstable--having bad credit is a definite sign of this--then, buying a house is like going from the frying pan into the fire. You are unlikely to get a good rate, which means that you will pay more for the house. In addition, if you do not have a substantial down payment in these days of fluctuating house values, you may end up owing more than the house is worth. Keep in mind that homeownership costs more than the loan payments since there are repairs and upkeep.

in addition, get a copy of your credit report, start paying of your debt pay balances on your credit cards, if you don't need the cards close your accounts because even with no balance there is probability of debt, also once your debt is gone go talk to a mortgage broker about different types of loans, fha, rural development ect... generally you can keep your mortgage payment lower than traditional loans, also seek out more than one broker you can get pre approved for a home loan in advance, which is good, that way you know what you can afford.

FHA guidelines do not require a "Minimum" FICO in order to obtain an FHA loan. Many investors that make FHA loans do, however, have a minimum FICO requirement.

Contact a knowledgeable Mortgage professional in your area and he will be able to help you with additional information.

It depends on the individual institution's credit policy and the underwriter's decision.

A Settlement Loan or Settlement Loans are cash advances and part of lawsuit funding services offered to plaintiffs. A settlement loan is a cash advance for a plaintiff when that particular case has been settled or is awaiting a settlement claim payoff.

When this happens, or when a case is settled, this does not mean the plaintiff obtains their funds from the case immediately. that settlement claim still has to go through a few more hoops and legal procedures and often times a plaintiff just can't bear to wait any longer to recieve their cash. Many have waited long enough just to get to this point.

When this occurs, a plaintiff may seek out a settlement loan, offered by lawsuit funding companies, in which 2 primary options are available. The plaintiff can obtain the whole settlement amount or a partial advance on the amount in which the case is settled, of course at a small interest rate. Because this is non recourse based, the rate is much lower than average legal financial firms.

Most of the time it is recommended to take only the amount you need until that case is settled to avoid losing out on additional funds that would come from this option.

A suspension loan is a loan that has a first payment due date in the future. The person can get the loan, and does not have to make payments right away. This is a type of loan that many retailers use, especially furniture stores. A person purchases merchandise, and does not need to make any payments for about 6 months or more. If the furniture is paid in full by the end of the six months, the loan is considered paid and there is no interest attached.