Questions in "Homeownership"
January 11, 2010, 5:25 pm
Bought the house based on ONLY MY info for finanacing- and only my name on the mortgage (mortgage/ financing is in my name ONLY!) but both our names are on the deed. I went to stay at my sisters (same city) to begin our breaking-up process (relationship over) and he is NOT paying the mortgage! My credit is getting ruined! What can I do?!?!?! I need it out of MY name! OR- him out of the house and I take it back over. I just wish I could sell it- but he refuses to "let" me sell it- since he's on...
August 25, 2009, 8:49 pm
We are trying to purchase a mobile home. The land that was given to us by my in-laws never had the title/deed transferred to thier names and they have had ownership of the property for over 30 yrs.; the previous owners were in thier 60's when my in-laws purchased the property over 30 yrs ago and are deceased both the man and his wife, there is no known living relatives. The title company we are trying to purchase the mobile home from tells us that we need to do a warranty deed. We contacted a...
August 12, 2009, 11:30 pm
I wanted to help my friend (with no US credit history) to buy a property in 2006 so I am on the loan 100% owner, but he is on deed on trust as co-owner since he pays all the payments and one day I want to remove my name from deed of trust so he can own it 100%. After he has got the credit history meanwhile after decrease of real estate it is not possible to refinance the appartment since it has lower value than the mortgage. But I would like still some kind of agreement with him that he will pay
August 1, 2009, 10:59 am
I would like to rent my home to my 2 children. what if any are the problems I would encounter. I am interested in buying a...
June 28, 2009, 9:43 pm
My brother and I inherited a home from our deceased Mother. There is no mortagage and has prperty taxes of only $2500 a year. We would like to keep the property as a rental property. It needs a lot of work new bathrooms etc , at least $50,0000. The little research I have done says that to get a equity loan or line of credit my brother and I would have to qualify for the loan, based on our income (I worked part time for 2 years taking care of my Mother) and credit probably neither of us would...
June 25, 2009, 1:39 pm
A couple of years ago we refinanced, and I Quit Claimed myself off of our mortgage so that my husband and I could get a better rate on our home. I would now like to add myself back onto the house but legally so there's no problems just in case anything should ever happen to him. Unfortunately we can't afford to go through the mortgage company and the process of refinancing all over again and the LTV just isn't there. What steps can I take to have some legal claim to this house? Grant...
May 22, 2009, 12:57 pm
I have a home that I purchased with a young lady. I'm the only one on the mortgage but we are both on the deed. She moved out a while ago and basically disappeared. My only contact was a phone number but when ever I called never got a response. I'm trying to rent the house to keep it from foreclosing and left a message but this time got a response. She is not willing to sign any papers that allow me to rent. If the property goes in forecloser what are her obligations and what recourse do I...
March 13, 2009, 4:46 pm
Our home is for sale & we had to relocate out-of-state for employment purposes. Our insurance carrier just notified us that they are cancelling our policy because they assume that our home is vacant, even though we go there every week-end to take care of our home. How will this affect our mortgage? We are going to get another carrier, but I just was curious what happens with the mortgage...
July 28, 2008, 2:42 pm
Hello,
I purchased my house in September of 2005. As I had lived in the house for a year and a half I felt I knew the house well enough and agreed to purchase "AS IS". I purchased the house it was listed as 1800 sq ft. The house in 2000 sq ft. I need to do some electrical work and roofing. In surveying the work I want to get the addition plans before proceeding. Apparently there was never a permit pulled to do the addition. The work apparently was performed by the owner previous to the party...
