Refinancing these days can be hard, but trying to refinance or get financing for two adjacent properties used as one can be difficult. Q: We have owned our home for about 23 years. About five years ago, with two young kids, we needed to expand our living space. We couldn’t add on to our home, [...]
Some lenders are harder to get to approve a short sale. If you are having trouble, here are some ways to get your short sale approved. Q: I own a home, but I bought another home with my boyfriend. I listed the home I owned with an agent about three years ago and that’s when [...]
In a divorce, if one spouse will keep the home, the other spouse should quit claim deed the home before you refinance the loans on the home. Q: In 2008, as part of my divorce decree and to pay off my ex-spouse, I applied for a “no fee” low interest rate, home equity line of [...]
It's election year 2012. The U.S. Presidential contest has taken its role front and center in the national consciousness, and election years often mean uncertainty for business and the housing market. Also, we discuss the ongoing repercussions of the euro crisis. And as usual, providing personal finance advice, real estate advice and consumer advice on [...]
It’s January, and you know what that means: New Year’s resolutions. In addition to eating better and losing weight, many Americans resolve to get their finances under control by creating a monthly budget for themselves. Making a budget is essential if you want to build your savings, but it doesn’t mean you can’t enjoy yourself. [...]
Getting rid of PMI on investment real estate property can be nearly impossible with declining real estate values. Q: We bought an investment property for $76,000 about 7 years ago with no money down. Our interest rate is at 7.5 percent. We would love to get rid of the private mortgage insurance (PMI) on the [...]
When loan modifications fail and you are trying to refinance upside down mortgage, your options are limited other than HARP 2.0. Q: I am currently paying on a mortgage that is becoming an overwhelming expense and causing me to go further in debt in other places. I have a 30-year fixed mortgage with private mortgage [...]
Aquí hay algunos pasos que debe tomar si usted sospecha fraude de crédito o robo de identidad con un familiar anciano. Pregunta: Recibí de mi abuela un poder para manejar sus finanzas. Ella vive en Tejas. Yo, sin embargo, vivo en Atlanta. He entrado la información que tengo de ella y quiero obtener su reporte [...]
