Archive for May, 2009
Sunday, May 31st, 2009
zoe1594 asked: My husband and I are in the process of buying our first home. We got a great deal on the house at 1/2 the appraised value. How long do we have to own the house before we can take out a home equity loan on the home. We ...
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Sunday, May 31st, 2009
David Siegel asked: In recent months, the amount of foreclosures filed throughout the country has more than doubled from the same time period last year. The reasons for such high percentage of filings are numerous. Primarily, the sub-prime mortgages have landed in the hands of individuals who most likely did ...
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Sunday, May 31st, 2009
DavidB asked: Many people do not realize that a home equity loan is available to many homeowners. However, some take advantage of them and get one whenever they can qualify. It just really all depends on your home and the equity in it as to whether or not you may ...
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Sunday, May 31st, 2009
Veronica Key asked: With all of the talk in the news lately about the decline of the United States economy and the real estate market many have been hearing the term “sub-prime mortgage. But what is a sub-prime mortgage? And considering all of the negatives associated with such a mortgage ...
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Saturday, May 30th, 2009
Kristen A asked: We are married in our 40's with a baby. I am stay at home mom and my husband was laid off. We have two homes and no debt aside from mortgages. Should we use our home equity or cash in retirement to make ends meet until we ...
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Saturday, May 30th, 2009
upsucker asked: Apparently the liberals have figured out how the free market works. If you get banks to lend people money to buy houses they can't afford, these houses get built, then after the foreclosures start, the market is flooded with empty houses. The law of supply and demand requires ...
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Friday, May 29th, 2009
web_trace asked: I always hear the economy sank once people defaulted on their home loans and that they would have never qualified for a loan in the first place had it not been for sub prime business.
So who supported giving sub prime home loans, and aren't they to blame for ...
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Wednesday, May 27th, 2009
VH asked: We just purchased a home and want to consolidate some bills to create a better cash flow. The problem is we've only been in the house for two months. I'm being told that most companies require 6 months to 12 months seasoning to get a home ...
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Tuesday, May 26th, 2009
ken asked: I here countrywide was a large player. Would anyone help me to understand what went awry with moprtage industry? Thanks a lot.Designer Scented Candles
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Monday, May 25th, 2009
Greg Ellingson asked: Although the economic outlook is not too bright for Americans with increasing gas prices affecting almost everything we travel in, use for warmth and feed ourselves with, nevertheless there are a few slivers of sunshine in the gray clouds.There has been some recognition from the IRS that ...
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