| Subject | Date Asked |
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| Amostization- How to Pay off faster | 10/8/2008 |
Q: I have a 30 year fixed rate on my mortgage at 5.5%, the original amount was 201K and I currently owe ...
A: In today's environment, you are smarter to pay toward your mortgage, since it is your biggest and ...
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| Loan | 10/3/2008 |
Q: I filed for bankruptcy in September 2006. It has been 2 years now. I need to know what my chances ...
A: Liz, I would think that you'd be able to co-sign for your Daughter, even with the bankruptcy 2 ...
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| Loan | 10/2/2008 |
Q: I filed for bankruptcy in September 2006. It has been 2 years now. I need to know what my chances ...
A: I don't know the answer to co-signing for your Daughter's student loan, but I would think you have a ...
|
| Equitiy cash out | 9/6/2008 |
Q: I have built seven townhouses for sale. Sales are slow and I need to get my equity out of the ...
A: Why are you looking to purchase something you already own? You should be looking for someone to ...
|
| Numerous fees | 7/25/2008 |
Q: My home loan was sold on 6/1/08 since then the new company has tacked on 3 late fees and a corporate ...
A: No, it is not legal! Contact the Bank who has you loan and explain what has happened and ask them to ...
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| Payday Loan | 6/23/2008 |
Q: I live in Ohio and have defaulted on a payday loan. Collectors keep calling me and threatening ...
A: I can't give you legal advise, but I can tell you this. If you defaulted on a payday loan, go to ...
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| mortgage payment raise | 6/9/2008 |
Q: recently my mortgage payment went from roughly $1127 to $1650 after an escrow re-analyzation. the ...
A: Unfortunately, you are going to have to pay the back taxes. What I would suggest is this; take out a ...
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| The Bank Says I still Owe Money | 4/30/2008 |
Q: I recently re-financed my home loas (1st and 2nd). Both loans show on the bank's website as "PAID ...
A: Yes, you do need to pay it off!! If you don't pay it off now, someday when you need to refinance ...
|
| co-signing a mortgage with my sister | 4/30/2008 |
Q: My husband and I own a house that is for sale in one state and have moved to another and are ...
A: Is the reason you aren't buying the house yourself due to the fact you have another home? If so, all ...
|
| Home Equity, financing a home | 4/22/2008 |
Q: I have a mortgage on my current home, right now I am looking to get something bigger and have found ...
A: To take an equity loan out on your present home, contact a local bank and see what you qualify for ...
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| Mortgage Payments | 3/28/2008 |
Q: Is it true that you can save interest and pay off your mortgage earlier if you split your payment ...
A: Kathleen, You can also knock off how long it takes to pay your home off by making additional ...
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| Mortgage Payments | 3/26/2008 |
Q: Is it true that you can save interest and pay off your mortgage earlier if you split your payment ...
A: Kathleen, Yes, its true! You can also knock 3 years off a 30 year mortgage, if you make an ...
|
| Theft of Property Real and Personal by lawyers | 3/26/2008 |
Q: How do you recommend would be the best way to directly contact Bank Chairman to advise lawyers have ...
A: I guess it would depend how accurate your proof is, that there was a theft involved. If you have ...
|
| I co-signed. | 3/12/2008 |
Q: I know I know I know......I co-signed for a man...that I was engaged too. I thought it would last ...
A: Miranda, Truth be told, there is nothing you can do to get out of the loan you cosigned on, except ...
|
| refinance | 3/8/2008 |
Q: I am selling an apartment complex and am unsure of what I should do with my 85k in profits. I don't ...
A: Brett, I can understand your thoughts on being a Landlord in today's market, so I sympathize with ...
|
| Construction Loan | 2/3/2008 |
Q: I signed a construction loan with my lender on 2/1/08. The loan documents stated that I must ...
A: You will have to check with your lender to verify that you can cancel your loan. In most cases, once ...
|
| loans | 1/25/2008 |
Q: When you get a loan rate, say 6%, and the APR is 6 1/2%, why is the APR higher? I believe it takes ...
A: Good question and many in the industry would like to know the answer as to why its still being done! ...
|
| loans | 1/24/2008 |
Q: When you get a loan rate, say 6%, and the APR is 6 1/2%, why is the APR higher? I believe it takes ...
A: You are correct. But, the APR rate is not the rate you will be getting, the 6% is the actual rate of ...
|
| home equity line of credit | 1/15/2008 |
Q: I have a home equity line of credit with Countrywide. I received a letter today, January 15 dated ...
A: The first thing you need to do is contact Countrywide and find out your new credit limit. Hopefully ...
|
| Manegerial Accounting | 1/10/2008 |
Q: Can you give mea few examples of a financial accounting reports?
A: I'm not sure what you are asking, or the kind of financial reports you want to know about. Can you ...
|
| points | 12/9/2007 |
Q: can you please explain in laymans terms what the points are all about when you get a loan. ...
A: Joyce, Fist of all, if you pay 6 or 8 points for any loan you are in what's called predatory ...
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| refinance taxes | 11/19/2007 |
Q: My friend Jimmy just refinanced his home and requested $20,000 cash out to pay off debts, purchase a ...
A: I don't know what bank he is talking to, but if he refinances and takes money out, he will not be ...
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| loan transfer | 10/26/2007 |
Q: the guy who sales house has 30 fixed rate at 5.5 an i or is there any way that he can transfer the ...
A: No, you cannot take over the loan or transfer the loan, unless he has an assumable mortgage right ...
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