There are several possible options to deal with this issue, depending upon the exact situation. For A paper, both spouses must qualify, credit score-wise. The way around this is a quitclaim to the spouse who has a good credit score as sole and separate property. The catch is that then the good credit score spouse …
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<blockquote> I simply love “Fear And Greed: How did the real estate bubble get so big” I’m not sure if you are aware that there is a grass-roots group that is starting a “boycott on housing.” They feel that the prices in the San Francisco Bay Area are unreasonable. It’s kind of interesting. The website …
my prorated property taxes came were paid at closing but now I’m getting a delinquent tax bill You mean they were supposed to be paid at closing. There are two major possibilities: 1) They were not, in fact, paid 2) They were paid, but were miscredited, or they were properly credited, but your county goofed …
Continue reading “Property Taxes and Whether They Were Paid Through Escrow”
(This is a historical post, and applies to every Republican president since Nixon at least to my personal knowledge. Time has taken some of the bloom of President Bush, mostly due to political constraints placed by others) The Anchoress has a much needed perspective on President Bush. I am neither religious nor conservative, and yet …
One of the two most undersold financial products is long term care insurance. Yet it is a critical need, ranking just below disability insurance in the estimation of most financial planning agencies. Long Term Care is already a large part of our nation’s health care costs. In 2002, the last year I actively worked as …
“what can a consumer recover from title company for undisclosed easement” Basically, the cost of the immediate remedy, at least here in California. Here’s a standard example. Mr. and Ms. Smith buy a property and they wish to put a pool in. The purchase process reveals no easements and they quickly take possession of the …
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In my experience, these are death to your credit rating. Why? Because of how they work. The short story is they get your creditors to agree to accept some lesser number of dollars for your debts. The creditors, for their part, aren’t happy about this. They often mark you as not having paid in full. …
Got a search for that, and it occurred to me that it is a valid question. The answer is yes. The degree varies. You can simply contact the bank to make yourself responsible for payment. They are usually happy to do this, although unlike revolving accounts you typically will not receive back credit on your …
Continue reading “Can Someone Be Added To An Existing Mortgage?”
Got this search:“should I get a buyer’s agent if I’ve already found a house” The answer is almost certainly yes, but I am going to examine both the pros and cons. Full disclosure: This is what I do for a living. The con is fairly simple. If the seller isn’t paying a buyer’s agent, they …
So what else is available, besides the thirty year fixed? There are many kinds of loan out there. Here’s a quick overview: A Paper In addition to the thirty year fixed, there are several other varieties of fixed rate loan available, and several that are not. Commonly available are five year fixed, ten year fixed, …
