YoungGirl asked:


I have two loans- 441,000.00 and 77,000.00. House is only worth about 520,000.00. I need to get out of it asap. Can I offer the lender of the second mortgage some money to get out of it before I do a short sale on the first? I was thinking about $1000 to $5000. Thanks! I need all the answers I can get.
I owe 520k, it may only sell for that amount if I’m lucky, definitely not more. Can I please have people with experience in this answer the question. I’ve read that in some short sales, the second mortgagee gets zero.

Cynthia

ChimDiwan asked:


I want to buy a second property, but already have a mortgage on the property that I live in. I have plenty of money left over every month and want tobuy a second property. I have enough for a deposit, but does the amount that I want to borrow for the second property still depend on how much I owe on the first?

Veronica

Hannahbelle asked:


We have a second mortgage on our home. The interest rate varies between 7 & 8 percent. Would we be better off to take money out of an annunity (tax free) and pay this off or leave it in and draw 3% interest? Thank you.

Melanie

debi m asked:


J& #39; have acheté a Renault Clio in aoÔ T last for £ 06 since 2500 I of which have of any debt and of crédit are not of the opinions and j& #39; have dÔ to take the high finance (37,5%) im now to pay 146,65 £ per month for 36 months and j& #39; have even more than 3000 à to pay, I hold à leaves, this car à the société of financing as I do not wish any more to pay this d&amp amount; #39; money and I n& #39; do not like the car. Qu& #39; does it arrive if I were to do it?

Karl

Ronaldo Giggs asked:


idées? I make l& #39; money, près of 3.4 thousand dollars per month. But I am indépendant and because collections of the passé médical. Does Ford Motor finance people like me? I speak à here  retailers, and they try to take 3-4 thousand à to pass d&amp to me; #39; an escort of 2002.

Allen

Troy asked:


J& #39; have décent expérience (3-4 years) in the field of finances. How long is it necessary to make this money? Which is the fréquence to finance people make this d&amp kind; #39; money?

Jorge

Ann A asked:


I have a small shop but do not know what to do. There are many students nearby. The shop is empty. Renovation or makeover needs money and I do not have. Your suggestions needed.

Suzanne

The Answer asked:


We are looking for a way to collect money more efficiently for our renovation project…Is there a fee to register so that we can accept credit card payments?? (we are non-profit…)

Grace

lmp asked:


My girlfriend and I bought our first new house in Arizona at the end of the buying boom in December 2005. It is an interest only ARM at 8.1%. We got in cheap, but we both make more money now and can afford our $1867/mo payment. We know we have to refinance at the end of 2 years. We are not sure of the equity gained, as the housing market has slowed. The house is in great shape, we had nothing to do to it. What type of loan should we look for and when should we refinance?

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baby_rost asked:


on hte pay off or for the total value of the car? Which will give me $500 cash.
I am doing my payments 90 days out so I can save up money.

I also may sell the car, but not sure yet.

Should I take the full amount and save the $500?

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