http://backend.userland.com/rss092 http://www.mortgagefit.com/rss/discuss.xml Through MortgageFit forums, the Community holds discussions on various issues that common people come across while dealing with professionals in the mortgage industry. The forum topics also highlight the knowledge and experiences shared by our Community sam.mortgagefit@gmail.com Sat, 04 Jul 2009 06:13:29 GMT en-us http://www.mortgagefit.com/arizona/seller-carryback.html http://www.mortgagefit.com/arizona/seller-carryback.html Hello there I live in England but my husbanc and I have a condo in AZ, USA which we are selling. A potential purchaser wants to use Seller carry back. I have done some research into this (we have nothing like this in the UK) and understand the process but can find nothing to answer the following question: We have no mortgage on the property so I take it that the buyer would pay us direct. However, if he makes a down payment but then defaults on the other payments to us, what happens the... http://www.mortgagefit.com/refinance/equity-lowcreditscore.html http://www.mortgagefit.com/refinance/equity-lowcreditscore.html I own a house in the SF Bay Area, holding the property as my sole and separate property (I had inherited the home) I took a mortgage on the property for $150,000 3 1/2 years ago (interest only loan at 10.75% private lender) The money was used to help my husband and I's business, which ended up closing last year after 14 years. We live on the property, and my husband and I have been having a hard time finding jobs. I am working part time, and am confident I will find more work in the near future... http://www.mortgagefit.com/bankruptcy/foreclosure-dil.html http://www.mortgagefit.com/bankruptcy/foreclosure-dil.html I had a Chapter 7 bankruptcy which was discharged in May 09. None of the banks who own my properties have completed the foreclosure process on the houses. I am worried that they will delay the foreclosures to keep the home off their balance books. Not a big deal except that I've heard that the city can still fine me for not upkeeping the places since my name would still be on the deeds. Should I attempt a Deed in Lieu to hurry the process along or will this hurt me with taxes or in some other wa... http://www.mortgagefit.com/ownerfinancing/sellhouse-loan.html http://www.mortgagefit.com/ownerfinancing/sellhouse-loan.html Will the mortgage company give me a trouble? http://www.mortgagefit.com/newyork/deed-transfer.html http://www.mortgagefit.com/newyork/deed-transfer.html Hi, if the deed was transferred from family member to another more then 5 years ago, but never recorded, is it still legal or it has to be done again? (NY State) Thanks http://www.mortgagefit.com/homeloan/downpayment-fha-askingprice.html http://www.mortgagefit.com/homeloan/downpayment-fha-askingprice.html Hello~ Are lenders still allowing 80/20 loans to avoid a down payment?? My husband and I have had our condo on the market for over a year and we want to lower our asking price, but if we do then we won't have a down payment for our next house. We were approved for an FHA loan and we're planning on just having the 3 1/2% down. That's what we based our current asking price on. Thanks so much Shannon http://www.mortgagefit.com/problems/deed-rent.html http://www.mortgagefit.com/problems/deed-rent.html my brother and i both are on the deed and mortgage but i dont live there with rights of survivorship.. my ex lives in one half and my brother lives in the other, i have given my brother the chance to put everything in his name but he cant do to being on unemployment i want to get more rent from the ex but my brother says no and i help with all taxes,etc...the both of them are only paying $170.00 a month and that is not enough to pay the taxes and such plus put work into it...What can I do? This ... http://www.mortgagefit.com/refinance/obamaprogram-homevalue.html http://www.mortgagefit.com/refinance/obamaprogram-homevalue.html Today, the Obama administration announced that it is expanding its mortgage refinancing program to allow more borrowers to take part. [System detected duplicate content, converted into image. Thanks.] http://www.mortgagefit.com/bankruptcy/latepayments-modifyloan.html http://www.mortgagefit.com/bankruptcy/latepayments-modifyloan.html now the mortgage company has filed for a motion to modify or terminate the automatic stay, what can i do to resolve this? http://www.mortgagefit.com/credit/applyloan-betterway.html http://www.mortgagefit.com/credit/applyloan-betterway.html I have planning to buy home in city so I thing to apply for loan, but as per bank expert i have low credit . Also my girlfriend has less credit. But when we combine our credit then its sufficent . this is better way to combine credit or is this type of rule available for apply loan? If i can show this combined credit ,is this loan interest go high? Please let me know detail? which is better way to show credit? Thanks...