Monthly Archives: May 2010

Types Of Home Mortgage Refinancing

Posted on May 5, 2010 by admin

Eshwarya Patel asked: An augmentation in the amount of an outstanding home loan is referred to as a ‘home mortgage refinancing’. It requires the complete payment of a stupendous loan along with the earnings from the new one.If you have … Continue reading →

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Can you recomend a Mortage company that will finance after a chapter 7?

Posted on May 2, 2010 by admin

arkansasfish asked: If I can’t file another bankruptcy for 10 years, why would I be considered a bad risk to finance a home? Bankruptcy does not prove that a person can not manage money. They may have had lots of … Continue reading →

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Is there a downside to taking a reverse mortage?

Posted on May 1, 2010 by admin

instructionald asked: My folks are 78 yrs old, have no savings and limited income. Their house is a 2 family worth 500,000. They are considering a reverse mortgage. Is it a good idea?Samantha

Posted in Personal Finance | Tagged , , | 6 Comments