Kristi questioned: I’m tryin to sell my house in Michigan. We have had it up for sales for 2 months, and had only one showing. We can’t lower our asking price any lower then it currently is without having to come to closing with money. (that I don’t have) Since our realtor already lowered his commission he suggested talking to our mortgage company about a small sale. What is your opinion?

SJS questioned: My mortgage company (CITIMORTGAGE) is not paying my tax bill. The money is in escrow, the error has been spotted and documented in a case number by customer service.

I paid the bill myself, because it is over six months late and I risked being place on the TAX SALE foreclosure list.

Should I be worried that they are going out of business? Or is this a computer glitch?

vals.beach questioned: I have two homes with the same mortgage co. One I can’t afford and the other I can. The one I can afford has a small equity. Can they force me to sell it if I go into foreclosure?

We all know that putting extra payments down on your mortgage is going to pay off your mortgage quicker and save you money. But what not everyone knows are the small insider tips that allow you to know to the penny, EXACTLY, when to use them to pay off your mortgage, how much to make them in, and exactly what you’ll save as a result.See, it’s really NOT about how…

Michael N questioned: I have never had a job. I am self-employed with ample cashflow to make mortgage payments, but no bank I have questioned will let me take out a mortgage without two years of tax returns.
Right – I don’t read / watch the news.
I wouldn’t be so daft as to speculate. I’m joining forces with someone who has been in the industry for years – one who has successfully…

Best mortgage refinance ratesWho has the best mortgage refinance rates in town :After qualifying several different lenders, authorize only the companies that can give you the best mortgage refinance rates to pull your credit.When you refinance your mortgage, you need to consider that you will have to pay closing costs and other fees like points. Though, many mortgage lenders are now waiving those fees to encourage homeowners to refinance. Be…

If you’re in need of additional funds and you own a home, you may have the opportunity to borrow against your home through a second mortgage.A second mortgage is another name for a home equity loan. The amount that can be borrowed on a second mortgage is typically based on the difference between your home’s current value and your original mortgage principal. This type of loan utilizes your home’s equity…

As a borrower, you want to know all of the matters that affect how your mortgage (Intelligence Hypothécaire) will be negotiated. Here are two vital features you may want to know about.-Brokers get a fee based on the size of the mortgage, not on the interest rate of the mortgage.-Mortgage consultants may receive a volume bonus when they place all of their loans with one bank.You probably wonder how a…

Spunkfight questioned: I have an interest only mortgage with my mortgage lender but I would now like to let my house out.

I have been advised that if I let my house out I am obliged to let my mortgage provider know.

I don’t know what the repercussions of this would be if I did or didn’t tell them. How would they find out if I just let it out anyway? What would…

when and how questioned: My mortgage company added an escrow account without my consent. I never agreed to it and never signed anything. I have had this mortgage for over 3 years and noticed all of a sudden they made a payment to my property taxes and are telling me there’s a shortage in my escrow and raising my monthly payments by over $100 when I never agreed to this and…