How long you can stay in a house without paying the mortgage?
How long you can stay in a house without paying the mortgage?
I’ve never missed not a single payment, but because of bad economy I cant can’t afford to pay it anymore….I just can’t.Unless my lender cut the payment in half.What happen if I stop paying? Shall I let my lender know first? How it will effect my credit?
House is in Virginia,USA.
We’re in the market for a house, and it would seem that the lowering Fed rate would trickle down to the mortgage business. Instead, those rates keep going UP! How do they expect people to help out the economy by buying homes when they keep making it so unattainable and unattractive?
Jan 242012
Amidst this struggling economy, I’m looking to sell my townhouse and purchase a single-family home. I know I will not sell the house for more than I originally purchased it for, but will I be able to transfer the remaining balance of the mortgage after I sell the townhouse to the mortgage on the new [...]
I am looking to start my own small business. The business will be curchasing computer equipment and reselling parts and refurbished products. I have 3+ years experience, and about $ 20K of my own money, and good credit. I also own my home, but with the housing market in a slump I may owe more [...]
Nov 302011
What is the best type of attorney to contact about student loan debt? Bankruptcy lawyers seem to cringe/avoid this because student loans are currently exempt from bankruptcy. Is there any in the US that take this stuff serious and can help broke former students? I mean there has to be some attorneys that now have [...]
Nov 302011
I cosigned an SBA loan for a dear friend who’s company has started to seriously suffer from the economy. If he files for bankruptcy, where does that leave me. He’s leaning toward Chapter 13 which will allow restructuring of the amounts due, but what happens to me? Will I have a bankruptcy on my credit [...]
I’ve been through Sallie Mae with the tuition answer loan before, and I am leaning towards them. But with this economy, is taking out a private student loan risky, and can I expect the interest rates to be higher?
Basically I am in sales now, and it has been a constant interest of mine, I know right now the economy is not great. but I do not care, I still feel there might be a level of prestige in the job, and a definite possibility of making a lot of money. Loan officers, I’m [...]
Is there any way to find out if a mortgage is paid off. My mom is thinking about renting a house, but we want to make sure the mortgage is paid off. The reason I want to know if the house is paid off is because of the economy. People are renting houses and not [...]
I’m planning to continue my education to a 4-year college. However, I’m not sure with the tough economy right now. Everything is going up, including books and tuition. Do you think it’s easy to get a student loan these days? Do you think it’s a good idea to go back to school now or wait [...]
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