My parents bought a house for $500k in January of 2008 and made a down payment of $100k,leaving them with $400k left to pay.Is it right that if they refinance our house they have to pay $400k even if they paid off some of the loan?
I have a 1997 mustang cobra. It is in fantastic condition, has less than 100K, i’ve never missed a payment in the two+ years ive had it, and i have excellent credit. My problem is not matter who I call, they will not refinance a vehicle that is older than 7 years. Does anyone know a company or bank that will???? Im not even in it for money, i need to remove some ones name off.
I live in San Diego, California and am looking at purchasing a primary residence. I own an investment property in CO (135k note/210k value) and have had steady renters for 3 years. My salary is 50k (been with job for 18 months) with another 12.5 k in rental income. I have brilliant credit, zero debt, 100k in my IRA, and 20k for a down payment.
Any thoughts on what i might qualify for on mortgage?
We are remodeling and putting an addition on our house and we are not sure which way to finance it right now. We owe 170K house appraised as is for 268K and figure it will cost about 100K for the remodel/addition… any suggestions?
My elderly family member owns a home (paid it off years ago) but now has a line of credit against the house for 100K. I am concerned that this member of my family is running out of money and will need a reverse mortgage in the next year or two as they will require an in home health care worker. I would guesstimate the value of the home to be 275K to 300K right now. Does anyone know if a reverse mortgage would be possible for her?