Mortgage & Finance Archives | Page 17 of 80 | ThinkGlink
questions@thinkglink.com
TwitterFacebookLinkedinYoutube

Mortgage & Finance

A mortgage, or a home loan, can come in many different forms. A 30-year fixed rate, a 15-year fixed rate, an adjustable rate mortgage, a jumbo loan. And what about prepayment or foreclosure? The articles, blog posts, videos and radio shows on this page will answer all your mortgage questions and help you find the right mortgage for you.

You need to consider the fees and closing costs that you may be charged in obtaining a mortgage, the length of the loan and the amount of the loan. In addition, while the interest rate you obtain is quite important, you need to understand all of the other issues involved in obtaining a mortgage loan for your home or investment property.

Take a look at our hundreds of articles on our site. Some of these articles are listed below. These articles relate to obtaining a mortgage, finding a low interest mortgage loan, the difference between a fixed rate or ARM loan, whether to pay points to buy down your interest rate, and avoiding prepayment penal

Can You Negotiate New Mortgage Terms After a Homeowner Dies?

By | November 22nd, 2017|

After a homeowner dies, the large remaining mortgage balance may entice you to call the lender and negotiate new terms. Unfortunately, it’s not that easy. Q: My father died of cancer in January 2017. He is the only one on the mortgage with a big box lender. I was a joint tenant with rights of [...]

Can a Condo Board Require Me to Pay For a Limited Common Element?

By | November 22nd, 2017|

Can a Condo Board Require Me to Pay For a Limited Common Element? When a common element of a property becomes a limited common element, can the condo association board force you to pay for it? Q: I just read your article on ThinkGlink.com relating to limited common elements in a condominium association, and I have [...]

Will Being on the Title of Your Parent’s Home Affect Your Taxes?

By | November 10th, 2017|

When a parent adds their children to the title of their home - and later sells that home - the tax implications for the children are complicated. Q: I read somewhere that what my mother did by putting her kids on the title to her home with her was wrong. How can the title be [...]

When is the Best Time to Take Out a Home Equity Loan?

By | October 27th, 2017|

The best time to take out a home equity loan varies depending on the lender and the home value. Q: My home will be paid off in February. My bank recommended that I obtain an home equity loan now. They told me that if I waited until after if was paid off I’d lose 30 [...]

How to Leverage Property to Afford a Loved One’s Care Facility

By | October 20th, 2017|

When a loved one must be moved to a care facility, there are ways to leverage their property in order to afford the high cost. Q: My father has Alzheimer’s and I have power of attorney over his home. Due to the past hurricane damage, the home is in need of major repairs, everything from [...]

How to Determine Property Tax Deductions When Ownership Is Unclear

By | October 20th, 2017|

How to determine property tax deductions when ownership is unclear. It starts with figuring out who actually owns the property. Q: My grandma's house is in probate as she passed last year. Her grandchildren have been living there and paying the property taxes. Who gets the tax deduction for those tax payments? How to Determine [...]

Can a Deed Be Transferred If There Isn’t a Will?

By | October 13th, 2017|

When someone passes away without a will, it’s difficult to determine who the deed will be transferred to. Q: My aunt left me her house when she passed away but she didn't have a will and we didn't have any papers signed to state that she wanted me to have it. She told my cousin [...]

What Can I Do About Inheriting Property That Has A Mortgage?

By | October 6th, 2017|

What can I do about inheriting property that has a mortgage? This reader wants to know if they can execute a quitclaim deed to absolve themselves of mortgage payment responsibilities. Q: I have inherited a 25 percent interest in a home along with three other siblings. I do not want my 25 percent and want [...]

How to Handle a Tax Sale with Relatives Who Neglect Homeownership Duties

By | September 22nd, 2017|

Owning real estate with relatives can be tricky. It’s especially tough if they neglect their homeownership duties and the home goes through a tax sale. Q: We lost a piece of property due to back taxes. The property was in the names of my husband and his two sisters and brother. None of them would help [...]

What Happens to My Mortgage After a Sheriff’s Sale?

By | August 25th, 2017|

After foreclosure, homes go to sheriff's sale to satisfy the amount owed on the mortgage. Whether you still owe money after the sale depends on a few factors. Q: My house sold at Sheriff's auction to my mortgage lender. They have recently sold it, how do I get information that my loan was covered and [...]

see more posts

Archives

Recent Tweets