Reverse Mortgage

ben c asked: Can I sell a home with just a 1st mortgage, collect the equity and continue to pay on my Heloc as if it is a line of credit? or will I have to include it in my home sale (and possibly a short sale)?

nbmama2 asked: We are looking to borrow money from several financial institutes and don’t know which is the best way to go.

openminded83 asked: I have been paying deligently every month on my line of credit and now the bank is considering not renewing my loan. They hold the second mortgage on the commercial property and another bank holds the primary loan. What is the worst case situation the bank can force upon us??? Can they garnish [...]

mlscsp2 asked: we have a lot of debt and would like to take out a secound mortgage. Where could I look with somewhat bad creidt? I know dont say get ur spending under control becouse we have and have cut them all up but still need to pay off.. so where could I look?

cabimasheat asked: I was offer a interest rate of 6.87 for 15 years in 89000.00 with a payment base in 30 years with a balloom payment of 66000.00 in the end of the 15th year. I want to know if I can refinance in few years the second mortgage and get out of the balloom [...]

my brain hurts asked: Do the 2 companies duke it out? Or does the former homeowner have to strike a deal with the company that held the second mortgage?Content for WordPress

Kimi asked: I need to transfer my second mortgage to my new home so I can lower my asking price for my unsold home. I am currently paying 2 mortgages and a second mortgage. Is there a way to transfer my second mortgage to my new home? I have only lived in my new home [...]

Painted Jezebel asked: I am going through a foreclosure on my first mortgage, what are my options with dealing with the second mortgage? Any legitimate websites with guides for dealing with the aftermath of foreclosure would also be appreciated.Content

Chris L asked: If a foreclosure has a first and second mortgage and back taxes does the new owner have to pay the second and back taxes to accuire(own) the property?Content for WordPress

alvin asked: Unfortunately my home was foreclosed and I tought, the 1st and 2nd mortgage disappears and the procces will ended. But suddenly I started receiving calls from the bank lender of the 2nd mortgage. They said I still owed them even if the home was foreclosed and if I didn’t pay them, they will [...]