Archive for mortgage arrears
Where would I stand legally if I lend my ex some money to pay her mortgage arrears?
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My ex owes £950 on our joint mortgage. She is still in the property and I have left. If I pay off her arrears can I get a contract drawn up for her to repay me monthly ? And how binding would it be if she did not pay? She does have a history of not paying bills.
Ok so to add some details. I would love to sell the house but she does not want to. We have a 16 year old son chances are he will be going to college. I understand that the mortgage debt is a joint debt. But I have kept my payments. And I am now trying to stop a repossesion situation.
To answer your q? I did try to get off the morgage when I left. I even tried to give her the house to get rid of her. But the mortgage company would not accept this as she had no means at that time to take over the mortgage payments
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Real Estate Professionals
After paying up back rent my friend still received an eviction …
Posted by: | CommentsA friend of mine received an eviction notice for unpaid rent. The notice stated that things could be resolved if he paid the back rent, the current months rent,
Siding » Sell, Rent Back To Achieve a Quick Sale
Posted by: | CommentsRepossessions are on the up big time and what we are seeing now are many hundreds of people attempting to sell, rent back their house and stay in the same place this way. It must be tough making that decision but at least you get to …
Advantages Of Sell And Rent Back Your Home Scheme
Posted by: | CommentsOwning a home of your own would be the best thing that you would count to have happened to you. However, you will find that you ma.
Are You Struggling Financially And Expecting A Baby - Learn How To …
Posted by: | CommentsThe news that properties are left on the market for longer means more people who are desperate to sell might consider a sell rent back scheme instead. Sell rent back schemes may seem like a more attractive alternative to those …
I just made a mortgage payment on 4/29/08. Is that for April or May?
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Basically I want to know if mortgage payments are made in arrears or paid ahead? And we also pay into our escrow account at that time, is that the same as the principal & interest in terms of paying in arrears or ahead?
Well, now I’m thoroughly confused! Here’s my situation in full:
Closed on a new house May 2. We received a credit for 2 days of interest. Our first payment on the new home is due June 1.
Our current condo is sold and will close on May 28. So, what I’m trying to figure out, is will we need to make another payment on May 29 like we normally would? Sounds like the answer is yes?
Hope that last detail add is clear - I know when our new house mortgage is due, I’m trying to figure out when we owe our last payment on the condo we are selling that closes on May 28!
Quick House Sale
Sell And Rent Back: Avoiding Real Estate Problems
Posted by: | CommentsThe houses involved in rent back plans usually have difficulties stemming from flexible or adjustable interest rates on their mortgages. These allowed for rock-bottom down payments up front and made it possible for a great number of …
Sell and Rent Back to Overcome the Tough Times
Posted by: | Comments3)Another situation where rent back is an ideal option is – when you are facing financial difficulty as you have money tied up in your property. By selling your property and renting it back you can release the value of equity and …
