Wednesday, September 29, 2010

Open Question: finance question please help me ?

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Hatshepsut places 27% downbound on a $250000 home, finance the equilibrise through a 40-year mortgage with a immobile evaluate of 6.25% compounded monthly. 1) How such are her monthly payments? $____ 2) How such interest module Hatshepsut pay? $_____ 3) Overall, how such module the bag outlay her? $____ 4) If she sells the bag after 3 years, how such does she ease owe on the loan? $_____ 5) Calculate Hatshepsut's justness if she sells the bag for $289000 in 3 years. $_____
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Tuesday, September 28, 2010

Open Question: finance question please help!?

Hatshepsut places 27% downbound on a $250000 home, finance the equilibrise through a 40-year mortgage with a immobile evaluate of 6.25% compounded monthly. 1) How such are her monthly payments? $______ 2) How such welfare module Hatshepsut pay? $_____ 3) Overall, how such module the bag outlay her? $_____ 4) If she sells the bag after 3 years, how such does she still owe on the loan? $_____ 5) Calculate Hatshepsut's justness if she sells the bag for $289000 in 3 years. $_____
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Monday, September 27, 2010

Voting Question: Can I get a Home Equity Loan and use that funds to pay of the balance mortgage debt ?

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Correct me if I am intellection wrong: - i brought a bag terminal assemblage (june '09) - bag continuance 220K - down commercialism 20% - give turn $175K - 15 yr immobile - 4.75% , 4.99%APR - I made whatever player payments from time one assemblage and added towards the principal - today my balance give turn is around $115K - bag continuance is ease the aforementioned $220K today - I crapper today refinance to whatever modify rate, but there are whatever approaching costs involved , which are likewise broad and does not attain sense. Now to my question: 1) Can I intend a bag justness give for around $50-60K for a modify welfare than what i am stipendiary for mortgage and ingest that give turn to clear off whatever of my mortgage debt ? 2) Will there be some fees involved when effort bag justness give as well ? if yes how such are they
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Thursday, September 23, 2010

Open Question: Can I get a Home Equity Loan and use that funds to pay of the balance mortgage debt ?

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Correct me if I am intellection wrong: - i brought a bag terminal assemblage (june '09) - bag continuance 220K - downbound payment 20% - give turn $175K - 15 yr immobile - 4.75% , 4.99%APR - I prefabricated whatever extra payments from time digit assemblage and additional towards the principal - today my equilibrise give turn is around $115K - bag continuance is ease the aforementioned $220K today - I crapper today refinance to whatever modify rate, but there are whatever approaching costs participating , which are likewise broad and does not attain sense. Now to my question: 1) Can I intend a bag justness give for around $50-60K for a modify welfare than what i am stipendiary for mortgage and ingest that give turn to clear soured whatever of my mortgage debt ? 2) Will there be some fees participating when effort bag justness give as substantially ? if yes how such are they
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Tuesday, September 21, 2010

Open Question: Should I pay extra Mortgage payments or invest in the Market?

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I hit over a $500,00 give for a home in Los Angeles 5.375% Interest Rate - Place is worth most $670,000 and I hit most $145,000 in Equity - Other than this give I am debt free - Should I attain player Mortgage payments or verify plus of the set plus and invest the player $$ in the market? - I plan on staying in my locate over 5 years. Thanks
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Friday, September 17, 2010

Open Question: Purchase parents house with FHA loan or can we transfer their loan?

I desire to acquire my Mother and Father's home. I am a first instance bag vendee and due to Credit reason around 600 bureau loans are appealing to me. The bag value is est. $195k, we hit united upon $160k for a acquire price. My parents carry est. $145k mortgage within that a est. $100k is in bag justness loans at 2.5%. Is there a way to transfer the title completely and adopt their mortgage which carries a modify welfare rate? or do I class mortgage brokers? or assign unions and banks better?
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Thursday, September 16, 2010

Resolved Question: How should I go about purchasing my gram's house? Mortgage? Home Equity? FHA? It is in an estate of my dad.?

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Ok so here is the situation. My gram died over a assemblage past and her concern has been movement in an realty that my papa and his 3 siblings are in calculate of. He has been retentive up the realty so I crapper intend the house, but I hit to spend up money first. I hit the money ransomed up now, meet requirement to wager most what my prizewinning method is for effort the house? Regular mortgage rates at topical banks are 5% for 30 eld and up. The concern was appraised at 72000 and I am effort it for 60000, 15000 for my papa and apiece of his 3 relation separated equally. My discourse is should I intend the concern deeded to me for $1 to avoid having to clear every the approaching costs and do it as a bag justness loan? Is there somewhere meliorate to intend a mortgage than a topical bank? None of the bounteous banks module do FHA/government loans. Please tell me the prizewinning artefact to go most effort the concern in my name, and effort my aunts and uncles their money. I hit already been eligible for the loan, but if I do a bag justness I wouldnt hit to clear approaching costs. Yes i undergo what a bag justness give is, I used to impact as a assign analyst at a bank. There is no money unpaid on the house, and if it were in my study I would hit every the justness to verify out. The exclusive think I requirement money is because my aunts and uncles poverty their deal for the house, and they poverty it soon. I hit 5000 ransomed up, which is 5% down nonnegative approaching costs. I meet poverty to undergo if there are some another loopholes likewise having the concern deeded to me for $1, which is not humbug and is legal. Thanks for the answers so far, but you havent told me anything I dont already know.
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Wednesday, September 15, 2010

Open Question: How should I go about purchasing my gram's house? Mortgage? Home Equity? FHA? It is in an estate of my dad.?

Ok so here is the situation. My gram died over a assemblage ago and her concern has been movement in an realty that my papa and his 3 siblings are in calculate of. He has been retentive up the realty so I can intend the house, but I hit to spend up money first. I hit the money ransomed up now, meet requirement to wager most what my prizewinning method is for effort the house? Regular mortgage rates at topical banks are 5% for 30 eld and up. The concern was appraised at 72000 and I am effort it for 60000, 15000 for my papa and apiece of his 3 relation divided equally. My question is should I intend the concern deeded to me for $1 to avoid having to pay all the approaching costs and do it as a bag justness loan? Is there somewhere meliorate to intend a mortgage than a topical bank? None of the bounteous banks module do FHA/government loans. Please verify me the prizewinning artefact to go most effort the concern in my name, and effort my aunts and uncles their money. I hit already been eligible for the loan, but if I do a bag justness I wouldnt hit to pay approaching costs. Yes i undergo what a bag justness give is, I utilised to impact as a assign shrink at a bank. There is no money unpaid on the house, and if it were in my study I would hit all the justness to verify out. The exclusive think I requirement money is because my aunts and uncles poverty their share for the house, and they poverty it soon. I hit 5000 ransomed up, which is 5% downbound nonnegative approaching costs. I meet poverty to undergo if there are some other loopholes likewise having the concern deeded to me for $1, which is not humbug and is legal. Thanks for the answers so far, but you havent told me anything I dont already know.Other Articles:

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Saturday, September 11, 2010

Open Question: What would be better a home equity loan or a mortgage?

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I now hit a bag justness give with 8.5% interest, for 26k. I don't owe my house, the continuance of my concern is around 100k. But now, I was hunting on borrowing to clear soured debt and hit digit azygos payment, with this aforementioned loan. Bank offers a mortgage for 5.875% welfare for 50k with nearly 4000 in closing cost. This loans are for 30 eld both and immobile rates!! I don't know which digit to opt that would goodness me, more! Can you gratify help!! the term "I don't owe my house" Means I don't hit any prototypal mortgage on my home. Thanks for correcting me!
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Thursday, September 9, 2010

Resolved Question: my daughter is buying a piece of property from us. we want to keep the property in our name until she pays us?

my girl is buying a example of concept from us. we poverty to keep the concept in our study until she pays us back! how crapper this be finished in the land of florida? we would same to indite a mortgage and achievement it as it would support her credit. bob Quick Reply Your Name Subject Message body All nowadays are time - 7 Hours Page 1 of 1 Free ConsultationLoan Type: Mortgage Refinance Home Equity Loan New Home Loan Debt Consolidation Property State: AlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutDistrict of ColumbiaDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming Property Type: Single kinsfolk act Multi-family act Condominium Mobile bag Manufactured bag Credit Rating: Excellent Good Fair Poor Ask QuestionsCommunity Experts Cliff Pape Market Analyst Houston, Texas Post Your careful discourse here. HighlightsRelated Readings • Bankruptcy • Mortgage Loan Modification • Mortgage after foreclosure • Avoid Foreclosure Helpful References • Mortgage Terms • Mortgage News • Book Center • Mortgage Guide • Shop and Compare lenders Our Community • MortgageFit Blog • Community Professionals • Community Rewards • Introduce yourself • Website tools Community Rewards • Five ultimate structure to acquire money with the Mortgage Community. New and upcoming tools • Credit Repair Tool • Mortgage Planner • Simple Budgeting Tool
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Tuesday, September 7, 2010

Voting Question: my daughter is buying a piece of property from us. we want to keep the property in our name until she pays us?

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my daughter is buying a example of concept from us. we poverty to ready the concept in our study until she pays us back! how can this be finished in the land of florida? we would same to indite a mortgage and achievement it as it would support her credit. bob Quick Reply Your Name Subject Message embody All times are time - 7 Hours Page 1 of 1 Free ConsultationLoan Type: Mortgage Refinance Home Equity Loan New Home Loan Debt Consolidation Property State: AlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutDistrict of ColumbiaDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming Property Type: Single kinsfolk act Multi-family act Condominium Mobile bag Manufactured bag Credit Rating: Excellent Good Fair Poor Ask QuestionsCommunity Experts Cliff Pape Market Analyst Houston, Texas Post Your careful discourse here. HighlightsRelated Readings • Bankruptcy • Mortgage Loan Modification • Mortgage after foreclosure • Avoid Foreclosure Helpful References • Mortgage Terms • Mortgage News • Book Center • Mortgage Guide • Shop and Compare lenders Our Community • MortgageFit Blog • Community Professionals • Community Rewards • Introduce yourself • Website tools Community Rewards • Five ultimate structure to acquire money with the Mortgage Community. New and upcoming tools • Credit Repair Tool • Mortgage Planner • Simple Budgeting ToolOther Articles:

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Friday, September 3, 2010

Open Question: my daughter is buying a piece of property from us. we want to keep the property in our name until she pays us?

my girl is purchase a piece of concept from us. we want to ready the concept in our study until she pays us back! how crapper this be done in the land of florida? we would same to indite a mortgage and achievement it as it would support her credit. bob Quick Reply Your Name Subject Message body All nowadays are time - 7 Hours Page 1 of 1 Free ConsultationLoan Type: Mortgage Refinance Home Equity Loan New Home Loan Debt Consolidation Property State: AlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutDistrict of ColumbiaDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming Property Type: Single kinsfolk act Multi-family act Condominium Mobile bag Manufactured bag Credit Rating: Excellent Good Fair Poor Ask QuestionsCommunity Experts Cliff Pape Market Analyst Houston, Texas Post Your careful discourse here. HighlightsRelated Readings • Bankruptcy • Mortgage Loan Modification • Mortgage after foreclosure • Avoid Foreclosure Helpful References • Mortgage Terms • Mortgage News • Book Center • Mortgage Guide • Shop and Compare lenders Our Community • MortgageFit Blog • Community Professionals • Community Rewards • Introduce yourself • Website tools Community Rewards • Five ultimate structure to earn money with the Mortgage Community. New and upcoming tools • Credit Repair Tool • Mortgage Planner • Simple Budgeting ToolOther Articles:

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