If it’s your initial time applying for a mortgage, there are varieties of terms you must grasp. Educating yourself on the varied mortgage terms you may run into will assist you build higher selections when deciding that home you wish to get. Once you sign a mortgage contract, your house is used for collateral and [...]
We moved into the house in November 2010 and the “homeowner”/ mortgage holder just told me that he owes taxes on the property and can not pay and after speaking to his accountant decided to let the property go and file bankruptcy. Sounds kind of fishy to me but I don’t know…. My concern is [...]
We purchased an owner financed house, so we pay our mortgage payment directly to the sellers. We have damage to the roof and they are going to deduct $200 from each payment for a year. We want something in writing so they can’t ever come back and say we owe them more money or say [...]