“When it rains, it pours.” Homeowners with more than one mortgage who have fallen behind on all of them know that old cliche possibly more than anyone else. When a financial hardship comes up, and there is not enough income to make all of the mortgage payments, more than one of the lenders may initiate [...]
Posts Tagged ‘Lenders’
More Than One Mortgage Company Filing Foreclosure at Once
Posted by admin on February 24th, 2010
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Tags: Appearance, Cliche, Collateral, Creditor, Financial Hardship, Foreclosure Auction, Foreclosure Proceedings, Foreclosure Process, Lenders, Lienholder, Local Court, Losses, Mortgage Company, Mortgage Foreclosure, Mortgage Loan, Mortgage Payments, Paperwork, Plaintiff, Proceeds, Second Mortgage 
No Comments »Creative Real Estate Investing Mortgage
Posted by admin on January 8th, 2010
When I bought my first property back in the 80′s you basically had to have about 20% down in cash and get a mortgage from the bank for the other 80%. Of coarse you could put more than 20$down if you had it but that was about the minimum banks and insurance companies would settle [...]
Posted in Article Tags: Asking Price, Banks, Condos, Creative Options, Creative Real Estate, Insurance Companies, Interest Rate, Investment Property, Lenders, Mortgage Bank, New Developments, Planned Communities, Pre Construction, Private Mortgage Insurance, Profits, Quick Profit, S Market, Second Mortgage, Value Ratio, Variations No Comments »Helpful Tips On How To Refinance A Second Mortgage
Posted by admin on November 25th, 2009
Today, home refinance has been a hot area for lenders and homeowners alike. With much lower interest rates, it only makes sense to refinance a home mortgage that you’ve been paying on at 10% interest. These lower rates are also ideal for many to refinance a second mortgage. Here are some tips and things to [...]
Posted in Article Tags: Closing Costs, Financial Sense, Helpful Tips, High Interest Rate, Home Mortgage, Instances, Interest Rates, Lenders, Loan Period, Loan Terms, Mortgage Broker, Mortgage Online, Mortgage Refinance, Mortgage Refinancing, Refinance Mortgage, Refinancing Mortgage, Second Mortgage, Surprise, Terry Edwards, Time One No Comments »