May
28
Last year I refianced for a 2nd mortgage. What can be done about a payoff being 31 days late?
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rosesbloom7 asked:
I took out a second to pay off a ballon payment mortgage. They said not to make the payment that they would pay it off. They paid it off late by 31 or 32 days.
Anna
I took out a second to pay off a ballon payment mortgage. They said not to make the payment that they would pay it off. They paid it off late by 31 or 32 days.
Anna
May
21
Greg A asked:
In Florida, I hold a 2nd mortgage for an individual who is 2 months behind in payments. What are my options regarding Liens?
Can I attach other property or does it have to be the property to which the mortgage pertains?
Marjorie
In Florida, I hold a 2nd mortgage for an individual who is 2 months behind in payments. What are my options regarding Liens?
Can I attach other property or does it have to be the property to which the mortgage pertains?
Marjorie
May
11
Is it better to roll-in your closing costs or get a 2nd mortgage to cover them?
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Cookie On My Mind asked:
We just closed on our townhome this past Friday. We ended up with less money than we had hoped for because the closing costs were so high. We’re due to close on our new single family home August 10th and those closing costs are going to be higher than we planned for too! Anyway, we’re going to be about $4,000 short on closing costs for the new house. Is it better to roll it in to the mortgage or get a 2nd mortgage on top of the first? Not sure how this works. Thanks.
Edith
We just closed on our townhome this past Friday. We ended up with less money than we had hoped for because the closing costs were so high. We’re due to close on our new single family home August 10th and those closing costs are going to be higher than we planned for too! Anyway, we’re going to be about $4,000 short on closing costs for the new house. Is it better to roll it in to the mortgage or get a 2nd mortgage on top of the first? Not sure how this works. Thanks.
Edith










