Posts Tagged ‘mortgage’
How fast can you sell house that is quick deeded?
If i quick claim deed an investment house to my son how fast can he resell it? We have a buyer and need to turn it fast so he can buy a house with the cash. There is no mortgage on the property and will sell for .000. Does he have to register the deed and wait or can he resell it with another quick claim deed? Also if it is a gift he should not have to show it as an income or should we make a loan contract with him to pay us back?
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Is taking out a pay day loan my only option?
I need a very fast 00 and I don’t know the best solution.
I live in Los Angeles and work a full time job and have another part time job on the side. However, even with that, money is still very tight. Under normal circumstances, I am able to make ends meet every month, but I rarely have much of anything left over.
However, the last few months have been filled with a string of family financial problems.
My parents are close to foreclosing on their house and the my dad was laid off. Consequently, I have had to help my parents pay their mortgage and bills. It is deeply saddening to see them in that state and has been horribly embarrassing for my parents to have to ask me for money.
All in all, I make about 2100/month, including tips. I pay about 950 in rent and utilities and 75 for students loans. Then there’s insurance, food, and some expensive prescriptions thrown in.
However, because I have had to give my parents a substantial chunk of money each of the last few months (and pay my brothers rent when he couldn’t, last month), i have been left with just barely enough for rent this month.
I don’t have any credit cards or a car. After college I had a hard time paying students loans and they went into default. However, they gave me a one time opportunity to pay my way out of default and clear my record. I did that and am back in good standing. However, this is still on my credit history (something that I have filed a claim about).
Due to my own stupidity, I am facing a very big need for 00 ASAP. This morning when I went to the DMV to apply for my CA license (from Nevada), I found out that I have an outstanding ticket from more than a year ago. I want to kick myself.
Basically, I need to have a license that is valid (and warrant free) because my full time job requires me to run errands on a daily basis…and because I would like to avoid jail time! I called the courthouse and if I pay the ticket amounting to around 00. it will be done with and I can get my California license and be legal and move on.
However, I just don’t have it. I don’t have anything even close to it. Nor do my friends or family members. If I owned anything that was of any value, I would sell it.
I can’t come up with a fast solution. I have read lot’s of horror stories about payday loans and 90 day installment loans and the last thing that I want to do is get back in over my head and spiral back in default. It was a terrible feeling.
Is there any other reasonable solution? And if taking a payday loan is the only answer, how do I avoid shady practices?
Lastly, in order to compare payday loan’s, it appears that I have to fill out the forms with my info on their websites. Is this something that the credit bureau’s see? I don’t want to negatively impact my credit score by simply "applying" online to see quotes.
Thank you for taking the time to read this long post!
Best,
K
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Rule #1: Banks WANT to Give you Money In fact they’re desperate to give it to you. Every bank in the world makes their money by making loans and charging interest. But bank’s are also faced with a dilemma. If they give loans to everyone, then that money becomes less valuable. In fact, it…
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I am in need of a pay day loan terribly…?
My boyfriend is on disability through his work for an injury and they changed their policy and he gets paid every month old problem is our mortgage is due so my only option is to look into something quick like a pay day loan.. I am just hesitant about putting my checking account number on their before I talk to someone at the pay day company however I cant find a number. Im just nervous that I will get a charge or something to my account when I dont have the money right now.
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Question for OCD Financial Planners, I got a new job…so what's the best thing to do with this money?
Goal: Pay off both mortgages and not be slave to the mortgage!
Here’s the run down Assets:
Primary Residence 0,000
401k 4000
IRA (Traditional) 0,000
Roth IRA ,000
Savings (Cash) ,000
Stocks ,000
Liabilities:
1st mortgage 0,000 (5%)
2nd Mortgage ,000 (8%)
No other bills or debt. HH Income 0k before taxes
The market sucks so I reduced my 401k contributions from 20% to 3% (company matching) and I’m plowing the rest into the 2nd mortgage to get rid of it. Only thing, it takes a while to pay off ,000 (2 years) and I’m an instant gratification kind of person. It’s really depressing putting the whole paycheck towards that 2nd and not seeing any gain from it until 2 years from now, when we won’t have to pay 0/month. It just seems like a lot of effort to save 0/month… but it is a balloon loan due in 6 years. If I don’t pay it off now, I’ll have to refi in 6 years. What would you do with your paycheck?
Build up savings? Continue to pay down 2nd? I still contribute 0/month to my stock account and another 0/month to my Roth IRA.
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Can a realtor collect comission when purchasing investments for themselve with the title and loan intheir name
I am a realtor in Florida and the sole reason I got my license was to benefit from the commission in giving me some instant cash flow for my deals Is it completely legal to collect the commission and put title and mortgage in your name?
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I need a loan of 1200 to cure default on mortgage w/vanderbuilt to be a ble to stay in my home&no paydayloans?
i need to cure this default by 11/27/06. I am a single parent whose had some problems and can’t get a loan form a bank, I work for state and make enough to cover bills but had some repairson car , electrical on home and got behind on mortgage.please help i have 2 sons in the home.can also email me at prayerful06@earthlink.net
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