Is making your mortgage payments a moral obligation?
Posted December 31st, 2008Buck Sr. asked: Home loans are recourse, which means the lender has the right to take all of your assets if you default on your loan. We agreed to this when we signed the papers.
But beyond that, does honoring our promise to pay reflect our moral character?
Should some people be legally let off the hook [...]
Can I use my stock portfolio as a down payment on a home loan without having to liquidate my stocks?
Posted December 29th, 2008bookstoredude asked: And how would I go about doing it? Through the mortgage company? The brokerage house? Some other third party? What paperwork would be involved and what else do I need to be aware of?
Do you think it’is easier to get a mortgage loan when the property value has gone up? (new home)?
Posted December 29th, 2008Taztaz * asked: Purchase price $119,600….. same sq.ft. houses on sale in the same community $135,000-$145,000
Ok, maybe i didnt explain myself properly… This house is barely being built, my loan office is barely preparing our loan prob to close by d end of the month, so since the value of the houses have gone up [...]
How do you get out of a really bad car loan?
Posted December 27th, 2008annetteb1432003 asked: I have a friend who has a 1999 Mitsubishi galant. His Payments are 315.00 for the next 32 months. Or he can buy out for 9408.00. The car isn’t even worth that much. How do you get out of the loan without damaging your credit?