Reverse Mortgage

bestlggs asked: The property has a loan from the mortgage company that I pay monthly, taxes, insurance, etc.. A relative died with no will and the property has her name solely on the deed. Is my only alternative probate court to get my name on the home? Can the mortgage lender “take the property”Content

Stephens C asked: Hello guys, I am facing problems in paying the monthly mortgage payments of a house in Virginia, and I am not currently residing in that house, since I moved to California. So the house is vacant. I brought the house for 320,00K and right now the market value of that property is [...]

Penny H asked: My family and I had an unplaned birth, and our now overwhelmed with medical expenses and the new expenses from the child. Since we did not have health insurance we became overwhelmed with bills. Over the last couple of years we have fallen progressively farther behind on our credit card bills. We [...]

jennifer m asked: Two days before I cloed my pmi went up 800 dollars. I now pay 800 a month just for private mortgage insurance. I have made all payments on time for a year. I just want it to be lowered to what is normal. O yeah and with this market i have no [...]

Altair 1 asked: to keep your family healthy by paying a large insurance premium and getting your children a good education, do you feel better now knowing that you are paying for other people’s mortgage, health insurance and their children’s education? Does Hussein’s plan take away your incentive to work? Why should you? You can [...]

gracie asked: My parents have a reverse mortgage and they need to be in assisted living. The house is not worth much more than the mortgage because they have lived longer than they thought they would! (87) Can they leave the house to go into asst living and simply let the mort co have the [...]

goldylocks asked: I have a reverse mortgage which has a mortgage insurance endorsement. If I move out because of the crime problem in the neighborhood will there be a foreclosure and will my credit be destroyed? I cannot sell the house as the value has halved recently.Website content

jamie m asked: Can anyone tell the pro’s & con’s of mortgage ins. here in Canada, I had been told there is private & bank insurance, are there better options and what would you recomend?

TONY asked: My husband passed away and left a credit card debt. I did not co-sign or use in anyway this credit. Should I be concern? I already send the death certificate and now the credit card send the info to a debt collector. Shoul life insurance be consider his state or mine?Content for WordPress

Truth asked: Presuming the couple has no kids, earn a combined 80,000, and only has bills like school loans, car insurance, and daily living expenses of about $600/monthly. You don’t have to factor in this information. You can state what you want based on what you believe is an ideal mortgage payment. Just need a [...]