What happens to your credit after walking out of your house? [more inside]
posted on Sep 2, 2008 - 15 answers

What can we do to get out from under a lemon of a house? About 10 years ago, we bought a house that was a DIY fixer-upper with some serious issues. 10 years of graduate school poverty coupled with a couple of major illnesses that limited physical activity hindered our ability to make more than just the basic repairs. Now the house is even worse, and a new job has forced us to make an out-of-state move. [more inside]
posted on Aug 25, 2008 - 12 answers

Tell me what you know about NACA, or their rehab division HAND. Anyone use them to purchase a new home? It seems too good to be true.
posted on Jul 12, 2008 - 7 answers

Asking for a friend. She's financially naive, and got stuck with an absolutely terrible loan on her house. She is several months behind on her mortgage payments, and needs to renegotiate the terms of her mortgage. [more inside]
posted on Jul 12, 2008 - 23 answers

I stupidly (and drunkenly) applied for a credit card at one of those booths at an outdoor event. Have I screwed myself? [more inside]
posted on Jul 10, 2008 - 7 answers

Can someone tell me what the catch is in this real estate ad? [more inside]
posted on Jun 27, 2008 - 20 answers

What should a Florida teacher know about buying a home (i.e., getting a mortgage) in Oklahoma? [more inside]
posted on May 12, 2008 - 6 answers

We're getting a mortgage. One place I'll be shopping is Citibank, since I've been a customer for a long time. My concern with them is the massive shedding of assets they're undergoing and how it would potentially affect me as a lendee. [more inside]
posted on May 9, 2008 - 8 answers

My mortgage payments are overdue and I have filed paperwork for a loan modification. I just accepted an offer on the condo, and it is due to close on June 26. What is the best way to get clear with the mortgage company before closing? [more inside]
posted on Apr 30, 2008 - 5 answers

Seeking guidance with financial planning (loans, down payment, more) [more inside]
posted on Apr 20, 2008 - 5 answers

Loan decisions for first time home buyer. Being offered three different flavors of fixed 30 year loans. Which is best?! (I know, it depends...) [more inside]
posted on Apr 14, 2008 - 16 answers

So we close on our house tomorrow... [more inside]
posted on Apr 13, 2008 - 16 answers

I'm selling a piece of property to someone with a seller-financed loan -- so I make the money from the power of compound interest instead of a bank. We've got lawyers handling the paperwork for the transaction. However, I've never been a loan shark before. Suggestions for financial software to manage the loan so I can enter payment amounts and dates and such and keep the magic of compound interest accurately compounding? [more inside]
posted on Apr 10, 2008 - 6 answers

How much should one expect to pay for fees on a mortgage refinance? [more inside]
posted on Apr 1, 2008 - 8 answers

When should I buy a house? I'm freaked out about buying my first house to start with, and now this? [more inside]
posted on Mar 18, 2008 - 33 answers

FinanceFilter: Is the money supply contracting, or expanding, after netting all the Fed action, bank closures, mortgage defaults, etc? The dollar falling seems to signal a net increase of money supply, but this is inconsistent with the thesis of a credit or liquidity crunch. If the money supply is growing at a slower rate due to tighter lending practices, shouldn't the dollar be rising, even in the face of Fed-rate cutting? Do we know the net expansion or contraction of the money supply due to the combination of rate cuts and mortgage defaults? [more inside]
posted on Mar 17, 2008 - 8 answers

Refinance my mortgage filter. Should we do it or wait a little while longer? [more inside]
posted on Mar 16, 2008 - 10 answers

Have you used a 7/1 or 10/1 ARM to your financial advantage? [more inside]
posted on Mar 3, 2008 - 13 answers

Does a student loan in deferment count as debt for the purposes of figuring debt to income ratios in an FHA loan? [more inside]
posted on Feb 27, 2008 - 3 answers

Is it possible to refinance through the bank that holds your mortgage? Is it desirable? Is it easier? [more inside]
posted on Feb 21, 2008 - 12 answers

Can I sell my place if I'm on a repayment plan for its mortgage? [more inside]
posted on Feb 14, 2008 - 2 answers

When will the new, higher conforming loan limit come into effect for US mortgages? [more inside]
posted on Feb 6, 2008 - 5 answers

What do I need to know about getting my house into the Long Term Rental market? [more inside]
posted on Feb 6, 2008 - 7 answers

Subprimes still lending?? I thought that the subprime loan market was out of business. Why am I getting multiple calls from Household Finance claiming that they have "new programs" trying to lend me money I don't need? ps I don't have a loan with Household Finance. I don't know if they're trying to make a home loan or a consumer credit facility.
posted on Feb 3, 2008 - 7 answers

Is there a type of mortgage that can move with me if/when I move? [more inside]
posted on Jan 30, 2008 - 12 answers

Assuming that the feds are indeed going to cut rates significantly at the end of this month, should my mom wait until after that to refinance her home mortgage? [more inside]
posted on Jan 16, 2008 - 12 answers

I'm applying for a mortgage, my wife is European and has debt in a foreign country but has been living here for 3 years and has a green card and a short credit history. If I don't report her foreign debt in our financial disclosures when applying for the mortgage will the bank here be able to find out? will they look?
posted on Jan 15, 2008 - 8 answers

What is the best option for paying off a mortgage when I take a loss on a condo sale - and are there any tax deductions I can take? [more inside]
posted on Jan 11, 2008 - 6 answers

What options are available to two individuals who co-own a house and one wishes to buy the other one out? [more inside]
posted on Jan 11, 2008 - 7 answers

We're expecting our first child in a matter of months. My wife's employer doesn't provide paid leave so we've tried to rearrange the budget so we can soften the blow of lost income. I had a thought... can you delay a mortgage payment 1 or 2 months and add those months on the end? [more inside]
posted on Jan 8, 2008 - 14 answers

How and when do I "shop" a mortgage? (first-time buyer questions inside) [more inside]
posted on Jan 2, 2008 - 12 answers

Since the subprime market bust, how difficult will it be for my boyfriend to get a mortgage for a house with little-to-no money down? Are there things he should know before beginning the process? [more inside]
posted on Dec 26, 2007 - 18 answers

My wife and I want to buy a house in the Boston area, but have almost no down payment...maybe $10K. We both have good credit (725 and above) and make about $110K, together. What are my options to buy a house? [more inside]
posted on Dec 21, 2007 - 26 answers

What does it take to get a 'rehab' mortgage to purchase a building? [more inside]
posted on Dec 8, 2007 - 0 answers

Help me design the Best Possible Plan For My Credit in 2008. Ten years ago I had no cash, and terrible credit. Today I have some cash, and no credit. I want to make some good choices next year, based on a well-considered strategy. [more inside]
posted on Nov 26, 2007 - 5 answers

Finance Filter: I have a second loan on my condo at a rate of 7.75%.. I did this to avoid PMI. I have the cash to pay it off.. 35k or so.. Is it likely a good idea to pay it off and forgo the tax breaks I'm getting on the interest, to avoid the 7.75% rate? [more inside]
posted on Oct 16, 2007 - 7 answers

Home finance question - sell my house first or make an offer first? Much more inside... [more inside]
posted on Oct 16, 2007 - 10 answers

Looking for online newspaper and magazine articles about people who've lost homes to the recent mortgage issues, whether it's because their rates skyrocketed, they were somehow defrauded, or they bought more house than they could afford for whatever reason (even stupidity or naivete). Articles from any city are great, but I'm seeking those that tell very personal stories, where the homeowner really opened up to the journalist about how they got into their situation. Anyone seen any lately? Thanks!
posted on Oct 4, 2007 - 16 answers

Is there any legal document or process I can do to relinquish any interest in a house that I've technically owned for two years? Please see explanation. Sorry it's long. [more inside]
posted on Oct 1, 2007 - 10 answers

Where can I find classified ads or articles showing the range of earnings for a taxi driver leasing his own vehicle? [more inside]
posted on Sep 10, 2007 - 1 answers

Looking for a mortgage calculator/spreadsheet (or help in creating a spreadsheet) that works for our situation. [more inside]
posted on Aug 30, 2007 - 3 answers

At what point is it not worth making student-loan debt into mortgage debt? [more inside]
posted on Aug 30, 2007 - 9 answers

A matter of curiosity: What's a mortgage worth? [more inside]
posted on Aug 18, 2007 - 11 answers

My mortgage lender sent an offer in the mail that I could change from monthly payments to payments every two weeks. This would be good for me, bad for them. Why? [more inside]
posted on Aug 17, 2007 - 21 answers

Should I refinance now, or wait until my 5-year ARM "expires"? More details inside. [more inside]
posted on Aug 7, 2007 - 30 answers

What happens to mortgage holders for these sub-prime lenders declaring bankruptcy? [more inside]
posted on Aug 3, 2007 - 9 answers

The wife and I just 'committed' to a pre-construction, 2200 sq/ft townhouse in Raleigh. We put down 2k and it will be finished in Mar-Apr 2008. After upgrades, the place will be about 275k. We will most likely stay in this place 5-8 years. My question is about financing. [more inside]
posted on Jul 26, 2007 - 4 answers

I am looking for a mainstream lender that deals in borderline subprime loans. Any ideas? [more inside]
posted on Jul 24, 2007 - 2 answers

Someone died. Does her family have to keep paying the mortgage payments? Does interest keep accruing? Can they rent it out during this period? There was no will. (This is in California.) [more inside]
posted on Jul 22, 2007 - 9 answers

Trying to Refinance my home (& consolidate some bills). 1 year ago it was appraised at $410k. In the middle of this process, my lender indicated that 2 different appraisers indicated that it's only worth $350k compare to other similar homes in my area... although they haven't come out to do the appraisal yet. I'm concerned that because this is what they believe the value to be, it will be that or close to it. In order for me to do what I need to do (with my bills), I need the value of my home to be at $410. What can/should I do? [more inside]
posted on Jun 27, 2007 - 11 answers