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Asked 09/16/2009 11:52 am CT (Baltimore, MD)

SOMEONE PLEASE HELP.......My great grandparents own the home that my grandparents currenly live in. My grandparents name has never been added to the deed. My great grandparents have been dead for over 30 years now. How do my grandparents' add their name to the deed? I'm not sure if there is a will granting them sole ownership. Can they file for an executor of the estate? What can they do?

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The estate/will should say who gets the real estate – if they are mentioned in the will that they ...

[ Total Answers: 2 ]

 
 

Asked 01/20/2009 09:34 pm CT (Bayonne, NJ)

how to take off someone name on a mortage and title and put it on your name. when you are the one that is paying the mortage the taxes and evreything else all they did was sign for the loan now they won\'t refinance we don\'t have no authory to anything we can\'t ask the bank any question we pay for everything the person get the benefit because they sign for the loan my sisters and i can\'t get no help from the goverment to finish our school because they think my mother make to much when everything she and i make go towards the mortage and taxes and bills. the person that sign the mortage get all the benifits as a homeowner

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Asked 01/13/2009 09:15 am CT (Cleveland, OH)

I am in the process of buying a house from someone who started to gut and remodel. The kitchen cabinets and sink have been removed and the main bathroom has been gutted. The owner bought from the bank and was just going to fix up and sell. I want to buy before he fixes up so I can save money and repair as needed. The loan officer I spoke to told me that the kitchen and bathroom have to be in working condition and the house has to be liveable before I could get a loan. I would be buying the house as-is. Is there any truth that these would have to be fixed before I could get a loan? And I would be living at home until the bathroom and kitchen would be remodeled. Can you give me some direction or if I should choose another lender?

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Asked 12/30/2008 03:06 pm CT (Fresno, CA)

I am a broker looking for a lender for a non-owner occupied, 75% LTV, cash-out refinance and the borrower has a 760 middle FICO. This is a really clean loan with only one issue (isn't there always?) The borrower just took the property off the market a month ago, opting to keep the property as a rental. Does anyone have any idea of a lender that won't have a problem with the fact that the property has been on the market?

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Hi Cynthia - Does he have fewer than four properties?

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Asked 12/18/2008 02:30 pm CT (Rochester, MN)

Can the owners of a mortgage be modified from individuals to a Trust?

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You would need to contatct the lender that is currently servicing your loan and ask that question....

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Asked 08/17/2008 09:38 pm CT (toronto, Ontario)

we recently purchased an condo, we paid the down payment in 4 installments and the rest we still have yet to pay, it is sitting in the bank,,now we have given the buider 8 postdated cheques for occupancy fees as the builing is not yet completed. so are morgatge is not yet closed,,now so many people have asked me,,,if I had any idea of why when they recieved ownership it cost such a large amount,, now we excpected some cost but this amounts to almost ten thousand dollars they said we all recieve a charge of 5 thousand dollars and that is just the start of the ten?? is this normal if so please help me understanding why thankyou

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Asked 07/23/2008 01:00 pm CT (Birmingham, AL)

Where the foreclosed previous owner comes back to redeem the property during the Statutory term, do I get my mortgage payments back?

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No, you don't. In order to redeem the property you must do the same as the person who purchased it,...

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Asked 06/03/2008 05:55 pm CT (winston-salem, NC)

my sister and i are co-owners of a house purchased in june 2006; i have to move; how do i get out of this mortgage?

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Your sister need to buy-out your interest. She can go through a special-purpose refiannce with a le...

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Asked 05/07/2008 12:00 pm CT (nashville, TN)

my daughter has a mortage and it just went up when she called the mortage company to ask why they told her that from March 2007 until Oct. 2007 she did not have home owners and they did an escrow audit of there acct and they are just now adding that to her escrow. My question is can they do that since that is a year ago. They do have homeowners ins now since Nov. of 2007

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Asked 04/26/2008 10:57 pm CT (selma, AL)

My mother sign a deed of a duplex dwelling to me and my nephew. She died before house payed for. Now my nephew wants ownership and will not continue to help pay his share. which has to be payed jointly. He just filed the deeds she signed 2 yrs after her death. He also owe me for mortage maintenance upkeep. I want my money. Can he take ownership without finish paying what is owed back and now and future.

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How can he take sole ownership when you state mother signed deeds to your & your nephew?...

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Asked 04/24/2008 10:41 am CT (chicago, IL)

My mother is moving to a nursing home and her income which is paying for the mortgage on her home will follow her to the nursing home. The house has been on the market for six months through Buy Owner and with the declining economy and neighborhood the probablity that the house will not sell is great. The appraised value is $140,000, amount due including loan is approximately $100,000. I have no interest in property and would like to know the best way to unload it.

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Go to an investor group meeting and offer the house to them. Or put it on the market with a Realtor...

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Asked 03/27/2008 11:02 am CT (Antioch, CA)

I am renting a home in Antioch CA, and would like to know if the mortgage on the house is being kept up to date. I have recently had friends be kicked out of their house because the mortgage was not being kept up to date by the owner and was forced to move. Is there any way I can run a check to make sure this does not happen to me?

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D, very good question, and it is wise of you to investigate! You might check to see if a notice of ...

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Asked 03/11/2008 04:45 pm CT (bayonne, NJ)

what happens if the owner where I rent hasn't paid the mortgage in the last 6 months? Should I worry for my family?

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yes! the lender will eventually start foreclosing, (if not already). In the event of foreclosure y...

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Asked 02/22/2008 11:43 pm CT (Hesperia, CA)

What can you tell me about a company called APF/OV from San Diego, CA. Offering something called the NAPF Program for homeowners to lower their mortgage rates starting at 3.4% fixed. I cannot find out anything about them.

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Dear K, Other consumers have recently asked questions on this website about this company and loan. ...

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Asked 02/22/2008 08:35 am CT (Chantilly, VA)

My mother and bough a home together in 03 suing the 80/20 principle which mean we have two mortgages. We are both listed on them both and share a 50/50 payment and ownership rule. I am having a nightmare time applying for an auto loan due to my dept to income ratio which is primarily the home. I have a few credit card that hold a very low balance to credit limit. I have heard that I can claim my mothers contributions as income to help my debt/credit ratio. Since the bank does not look at the fact that there are two head of household here that are both claiming 50/50 ownership and payments. Please provide me with any information that could potentially help both of us reduce this ratio to obtain credit for an auto loan.

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Asked 01/08/2008 06:03 am CT (portland, OR)

i have a friend w/bad credit and a bankruptcy due to a divorce--she did work 45 yrs and has a good pension and neary max soc sec DISABILITY which will be "grossed up" she wants to buy a house on a owner contract with me as a cosigner(i havw good credit and a conv mtge)she said if i cosign and do a "quit claim ?" asap then i have no risk if she cannot keep up with the payments to the owner/seller for the first 5 yrs NOR if she is unable to secure conv financing to balloon him out in 5 years??I do not want to impact my good credit nor be responsible in any way for the home she wants to buy pls advise thank you

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Asked 01/04/2008 10:58 am CT (Columbia, SC)

I am seeking a lender who will do a refinance/LOC/Cash Out on an non-owner occupied rental property that I own free and clear. The property is worth $250,000 and I need about $10,000 for renovations. However my credit score is only 504 due to late payments/charge-offs on credit cards while I was in college. What, if any, are my options? Thanks!

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Nicole, Larry is right...$10,000 for a residential property loan not an amount that anyone is going ...

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Asked 01/02/2008 06:55 pm CT (Dallas, TX)

We leased a home with an option to buy last year the motgage went up i got laid off the owner agreed to extend the option clause. just today a man knocked on the door and said the house had been forclosed on and had a new owner and we need to vacate in 3-4 weeks, we have not been able to get in touch with the owner, and we have not been able to get answers as to whats going on, we have been as always just depositing the morgage into the owners acct each month. due to my lay off we have been short paying but paying every two weeks to keep current and catch up on balance. is this legal, doesnt somebody have to tell us something like who the new owner is or something

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On a "Lease Option to Buy" there is always the risk of the worst-case scenario... "A lease-optio...

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Asked 11/28/2007 09:04 am CT (Fairfield, CA)

We heard on the radio (KNBR) and seen on the newspaper (SF Chronicle) about a program called the "Rex Agreement". Do you have any information on it, pros and cons, etc? What type of homeowners is this program good for? Thanks.

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Asked 11/12/2007 07:42 pm CT (Sulphur, LA)

My Husband And I signed over the deed to our home July 16th 2007 because the Mortgage had become too much for us to keep up with. We were behind on a few payments and were trying to sell our house by owner and even with the help of a real estate agent. .After a few months of trying we decided to contact an investor who said if we signed an assumption of deed over to him, he would make the payments until he could find someone to purchase it. Well, he did find someone to do an owner finance for at a year..they paid him a generous down payment and then monthly payments as well. Since we were behind the investor had to work out a repayment plan with our lender. this was spread out over a years time,and is still reporting late on our credit...further damaging it and we are still responsible for the note even though we signed over the deed. I talked with him about selling the property now so we could be off the loan, but the agreement he signed with the people now living in our house says they must wait a year to obtain financing. The reason for this is we have equity in our home and will have even more when the pre-payment penalty drops off next year. he is stands to make at least$30,000 off our home and we walked away with nothing. He has not made one payment on time in the last few months and the Mortgage company keeps calling us. I called the people living in the home and discussed the arrangement they have w/the investor. He has mislead them in many ways and us! they were not aware that we were still on the loan! Now I am wondering what my legal rights are in reassuming my home or even working out something with the new tenants to sell outright to them at a lesser amount. Do we have any rights? Our credit is not in great shape because of late payments, A discharged Ch.7, medical bills( all three of our children had tonsils out), I have not worked for the past few years, etc. BUT I am now working again and our Monthly net income together is $5800. Could someone please help us to repair our damaged credit and possibly gain control of our home again so we can make a profit from it and further improve our credit. Jen

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