January 27, 2013 CDA Mortgage Issues (1) I purchased a condo in MD in 3/2007, Since that time the housing market tanked and the value of the condo is more than less than half of what is owed on the mortgage. To compound the problem, I have a CDA loan that makes refinancing, loan re-modification or applying for federal assistance programs challenging. In addition, the original […]
January 5, 2012 foreign national loan (1) Hi, I live and work in South Africa, I am looking to buy a second house in Atlanta Georgia area, I have a 20% down payment readily available. I will be repaying the loan with money earned in South Africa. I have a B1/B2 visa still valid to 2018. The loan amount is 200000 use. Please advise if you can help
November 28, 2011 Need an FHA loan (2) Hello. I am in the process of trying to buy a house in DE. I already found a house, and am under contract. The agreed sale price is $115,000. The previous mortgage company I was dealing with screwed me, after I already put money up for inspections and attorneys. My closing date is scheduled for 12/15. I have a credit score in the […]
March 20, 2012 Selling Home Question (1) I live in Mitchell, SD. I currently have owned my home for about a year and a half. I recently have been looking elsewhere career wise, and if I find a job soon I would be moving. Would it be smarter to sell my house or rent-out? Would it hurt my credit to sell already? How much would I owe the bank if I sold already?