Written By: texas on April 4, 2010 8 Comments

Link to what i’m talking about:
http://finance.yahoo.com/news/Mortgage-l…
We all know that the financial crisis didn’t just affect Liberals, and didn’t just affect Conservatives… we were all affected. People lost their homes and investments everywhere….
Some people aren’t aware that even after foreclosure, giving it back to the bank, or small selling your home… you could still be on [...]

Written By: texas on April 3, 2010 5 Comments

Is it worth it to buy a home (condo) as a graduate student?
I’ve just been accepted into a PhD. program in Austin. The average time for completion is 5.5 years. Instead of moving from place to place I’m thinking of purchasing a condo there in the $75-85k range.
I’m 21 and graduating with my B.S. [...]

Written By: texas on April 2, 2010 16 Comments

It apparently does if you’re in the illegal alien business. Read on…
LAS VEGAS & ARLINGTON, Texas–(BUSINESS WIRE)–LAT Money Centers, a Hispanic-owned financial services company, has introduced the industry’s first nationwide financing program for undocumented workers that want to buy homes. This lending program will offer loans to potential homeowners using Individual Taxpayer Identification Numbers (ITIN) [...]

Written By: texas on April 1, 2010 13 Comments

So my husband and i have not been together for about 3 years now and he refuses to give me a divorce and now I cant seem to track him down. Anyway, I look at my credit today and it says I have a mortgage! How is this possible? I don’t own a home, I [...]

Written By: texas on March 31, 2010 One Comment

Michigan:
I’m thinking about selling my home Lease to Own. I’m worried about insurance liability and tax consequences as well as my current mortgage company calling my loan “due on sale” because I’m no longer the owner occupant.
Can I keep this home as my perminent address when I go out of state? I’ll pay state tax [...]

Written By: texas on March 30, 2010 4 Comments

I am trying to figure out if I would qualify for a $275,000 loan and if not, I want to find a ballpark figure for what I would anticipate being approved for in the state of Texas. I am 30 and married with 2 kids (wife is a homemaker), first time home buyer, have [...]

Written By: texas on March 29, 2010 2 Comments

AP
Housing aid bill faces veto by President Bush
Friday May 9, 4:01 am ET
House passes massive homeowner rescue plot, defying President Bush’s veto threat
WASHINGTON (AP) — Democrats’ plans to help hundreds of thousands of homeowners struggling with rising subprime mortgage rates and plummeting house values could be sidetracked by President Bush’s threatened veto and the backing [...]

Written By: texas on March 28, 2010 No Comment

can anyone help me? I am buying first home and my mortgage broker quoted me a excellent faith estimate and everything is alot higher then he said. Loan is 100% financing no money down, credit score 695. Price $122,500.00. In Texas.I need payment around 780 not much higher but his closing costs are around $6200.00. [...]

Written By: texas on March 27, 2010 9 Comments

People keep arguing over who’s to blame, Republicans or Democrats?
So I did some research on it all:
The Glass-Steagall Act was made in the 1930’s to prevent the Fantastic Depression from ever happening again by separating regular banks (retail banks) from investment institutions by a “firewall” and illegalized credit-swaps which had made the [...]

Written By: texas on March 26, 2010 One Comment

I bought a home in 2004 and the loan is in my name only. My wife was not a co-applicant on the mortgage nor was her credit score and income used to qualify for the mortgage. To this day the loan does not appear on her credit report. But since Texas is a [...]

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