Can I sell a house without paying off mortgage?
November 26, 2008 by admin
Filed under Questions and Answers
Sam asked:
I am planning to sell my extra house, for which I am paying a mortgage (15 more years to go). The mortgage rate is really low. Can I sell the house without paying off the mortgage (i.e. can I take the mortgage as a low-interest loan), e.g. for a few years (my investment return should be much higher than the mortgage interest rate)? Is this an option that I can negotiate with my lender?
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I am planning to sell my extra house, for which I am paying a mortgage (15 more years to go). The mortgage rate is really low. Can I sell the house without paying off the mortgage (i.e. can I take the mortgage as a low-interest loan), e.g. for a few years (my investment return should be much higher than the mortgage interest rate)? Is this an option that I can negotiate with my lender?
Create a video blog…instantly.
If mortgage bonds are secured corporate bonds then how did the subprime bubble happen?
November 21, 2008 by admin
Filed under Questions and Answers
kmm asked:
I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.
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I am trying to understand secure bonds and I know mortgage bonds are secured bonds,if that is the case,even if they default ,the investor should get the prinicipal back.Can someone give an explanation of this works.
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What is the difference between personal credit cards and business credit cards?
November 19, 2008 by admin
Filed under Questions and Answers
cindasl asked:
I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use them for business purchases? Do you have to spend a certain amount to keep them?
I have a few personal credit cards and I want to consolidate them. I am also self-employed, but I dont’ have a business credit card; although I get LOTS of ads for them in the mail. I’ve always wondered, what is the difference? Are there different rules or fees? Can you only use them for business purchases? Do you have to spend a certain amount to keep them?
Any advice appreciated…
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What credit cards are most widely accepted in Portugal?
November 4, 2008 by admin
Filed under Questions and Answers
ecolink asked:
We are traveling from the United States and want to be prepared. Are credit cards accepted at most restaurants? Shops? Hotels?
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We are traveling from the United States and want to be prepared. Are credit cards accepted at most restaurants? Shops? Hotels?
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