Personal Finance


real estate
Mic B asked:


I am planning to start a real estate investment partnership with friends, just wondering, when applying for loans on properties how would we go about providing income information?

foreclosure
paco asked:


I call the bank because my check card didnt work in the atm. So they told “My checking account that they will foreclosure but not on my saving account?” Why is that?

foreclosure
llewis499 asked:


What is the quickest way to halt a foreclosure. I do not have the cash to bring it out of arrears and the bank has accellerated the note. Is Bankruptcy the best way to stop it for now. I have placed it up for sale and have a couple of parties interested. I am running out of time. The bank does have mortage insurance on the note . Please give solid advice.

foreclosure
Kemo Nosabe asked:


Here is the scenario and actual facts. Right now in this country, we are experiencing an unprecedented number of home foreclosures! What I’m talking about here is; from the day the new homeowners occupy their home, what should they be doing or NOT doing in order to AVOID going into foreclosure? If you have been a successful homeowner for a good length of time, what have YOU been doing to make sure that you will always meet your obligation to the bank or mortgage company?

foreclosure
vodad asked:


We are not far from foreclosure because he lost 30gs a year less than he made before. How long does a foreclosure to happen and when is the best time to file bankruptcy on that and the other bills we owe.Any help please.

foreclosure
Donald B asked:


I am not in foreclosure yet, but I recently lost my position and we have very little savings so I don’t know that I will be able to save my house. We just got into our home in July and then my company lost a major account and I was out of work. I am doing sales now, but that is commission based and slow to pay. I have no equity in my home per se, and i live in California. I guess I’m wondering with the market the way it is, it might be better to walk away and try again in a few years.