Question by Gladski: How many months left on debt to not consider it when qualifying for a mortgage? I heard from a friend that if a car payment (or any debt for that matter) is below a certain amount of payments left, it is not considered a debt (for your debt/income ratio) when qualifying for [...]
Tag Archives: mortgage
CAN elderly parent deed over his mortgage free home to his daughter and still be protected from nursing homes?
by Texas Governor Rick Perry Question by cs: CAN elderly parent deed over his mortgage free home to his daughter and still be protected from nursing homes? deed over or can she buy his house. elderly father is in his early 90′s and in good health. Best answer: Answer by Quick AnswersShe should buy the [...]
Why can’t the goverment and mortgage free homeowners create a profit sharing entity to by toxic loans?
Question by cynthiasprks: Why can’t the goverment and mortgage free homeowners create a profit sharing entity to by toxic loans? The government’s guarantee paired with the value from the homes could make AAA rated bonds. The rates and terms to troubled buyers could be lowered to stop foreclosures, with enough profit left to cover costs [...]
Question by K2010: what are the pros and the cons in bying real state mortgage? say someone came upon a small (taxable) fortune and wanted to invest them into real state by buying an condo or co-op apartment. Mortgage free as a first time buyer sorry meant to ask about mortgage free opportunity Best answer: [...]
Question by whale2216: What are the tax benefits of being debt free (mortgage)? We have 2 children and will be debt free by the end of March. What are the tax benefits. For example, mortgage write off verses increased taxes. Looking for some informtation. Best answer: Answer by IAGTFirst congrats! I cannot tell if you [...]
by MoneyAware Question by AZis4citizens: Better to take 30K out of 401k and pay off mortgage completely and be debt free or let it ride? I still have 25years on Mortgage and could muster the cash to pay it off by combining all liquid assets and be debt free? Best answer: Answer by Help Is [...]
by Morpheus_uk Question by DaGreat: My girlfriend put me out of our mortgage free house. most things are in her name, what can i do? My girlfriend put me out of our two mortgage free homes, that were purchased during the relationship. Unfortunately, most everything is in her name. What are my options if any? [...]
by Texas Governor Rick Perry Question by sowseeds: What can I sell temporarily to pay off my mortgage? I want to sell something just long enough to pay off my mortage. I want to be mortgage free in one year or less. I can do crafts,etc. I have to accomplish this without using my own [...]
by Karen V Bryan Question by leoniak1: Can anyone explain the system in the book mortgage free for life, etc. book? Has anyone read the book mortgage free for life – secrets banks and lenders dont want you to know? Is it a good mortgage system to get involved in? Is anyone using this supposed [...]