My mom is doing that to my grandmom’s house just to get her money :[ I think she’s lying about how much money she’s going to get back so she has to give my grandma less. So how does the reverse mortgage work? and how much money would my mom get back?
I may want to rent out a town home in DC. My insurance company says that they need to do an inspection of the house, inside and out. What will they be looking for? What can I do to prepare?
Question by Ryan G: Question about selling my house with a mortgage.? I am trying to figure out what happens with the mortgage when selling a house. I asked a similar question in these boards and got this response. “When you sell, you pay off your mortgage and buyer gets their own, new mortgage.” Well [...]
Question by Susan E: Is it possible to buy a house with poor/bad credit? Bad things happen to good people, a friend of mine is wanting to buy a house for him and his family instead of renting and throwing way money every month. Please don’t say “clean up their credit” because they (like a [...]
for example, if i wanted to buy a house for $600,000, can i get two mortgages for $300k each or do I have to get one mortgage for the $600k? the reason i am asking is that you get better interest rates on smaller loans. i am buying the house with another person, so can [...]