Meaning, I want to seek out homes/homeowners that may be in arrears with their property taxes and are at risk of losing their property because of the back taxes owed. Specifically, New Jersey homes?
These two terms often confuse me. I need someone to explain this in layman’s terms. Thanks.
I overheard real estate agents discuss this when I was touring model homes the other day. They were discussing it and one of them said the info was derived from one of their “trade” magazines. If this is true, what lenders offer this loan product?
I got into some financial problems. I started working with a collection agency/law firm that was handling my one credit card accounts. I was honest with them and worked with them freely. I agreed to payments in 6 month increments. So I agreed to large payments for the first 6 months and then had to agree to lower payments for the next 6 months due to loss of work and so on. Anyways, after having begun this process and having these payments withdrawn every month automatically, it appears that they started the process of a Summons and Complaint a few months after I started the repayment process. I have all the documentation showing my payments being withdrawn and the credit card balancing going down. So my question is this, how can they now sue me and serve me with this Summons & Complaint when I HAVE been making the monthly payments through their freaking office? I was told to send all copies of payments to the courts and a letter too and this will be dismissed. What do you think?
I am interested in buying a home. I have heard that foreclosed homes are sometimes sold below their market value. I have seen lists of foreclosed homes available on the internet. There is usually a fee just to see the list. I have also heard that a buyer is expected to pay all past due taxes on the property up front. What’s the real deal, and is it worth the hassle?
We are in an adjustable mortgage, but have been unable to refi due to owing more than the property is worth. We both have good credit (over 700 each), and I was wondering is the recent change to what is allowed with jumbo/125% loans means we can try to refi into a fixed rate even though we are upside down?
I was a first time buyer and have been living in t he home for 10 years.
I live with my second cousin because she is disabled due to back problems she has an 8 year old daughter.I soley support both of them by working two full time jobs.I pay all the bills,rent,groceries,etc.I went to file my taxes and was told I could claim them both as dependents but could not get the child tax credit for the 8 year old because she is my 3rd cousin and not a direct family member.I dont understand this,she is still a child that i support for everything.Can somebody please explain this to me.
How long does it take to be put on the market? Is a relative of the previous owner allowed to buy it? Or is there an better way to save a relative’s home?
We own a home right now, but we know we are going to need to sell it and purchase a new home around November of this year. Can we apply now and be pre-approved for our next home before we sell the home we live in now, that we currently have a mortgage on? We are planning on putting our current home up for sale in about a month.
