How often do mortgage comapnies use the 4506 t form to very info. Always or hardly ever when buying a home?
May 20, 2009 by admin
Filed under Questions and Answers
If you provide the mortgage company with all the requested info do they typically follow up on that. Does it vary from company to company or is it a common practice for them to execute the 4506t form. Also, has anyone everheard of first choice mortgage in charlotte? Any thoughts on them?
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What happens to the mortgage on a house that is left to me in a will?
May 14, 2009 by admin
Filed under Questions and Answers
A relative will be leaving me a house in their will. If there is a mortgage (home equity) on the house when they die, do I take over the mortgage? I intend on selling the house when it is left to me.
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Will an insurance company insure our home if there is a unpermitted cottage?
May 11, 2009 by admin
Filed under Questions and Answers
I’m in the process of buying a foreclosure home (Saratoga,CA, can’t transfer the insurance since it has already lapsed) that has a detached unpermitted cottage (2 bedrooms, kitchen, bathroom and living room total of 900 sq ft), the main home also has a unpermitted converted garage that is used as a in law quarter (separate entrance and full bathroom), it also has a unpermitted sun room too. I really love the home and tried looking for home insurance but it looks like no one will insure me. Is there anyway I can get insured for this property without having to lie about these unpermitted additions to the insurance company? Any advice would be appreciated and any suggestions which insurance company would insure me for a reasonable price. Thank you in advance.
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How do you solve this question about savings account?
May 11, 2009 by admin
Filed under Questions and Answers
Jane took out $5000 from her savings account which paid 2% interest and invested it in a stock paying 8%. If the total interest from both the remaining savings account money and the stock amounted to $580 for a year, how much was orginally in the savings account?
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Who pays for the home insurance when you let your house?
May 11, 2009 by admin
Filed under Questions and Answers
I ask this question on behalf of my friend, who lives in Malaysia. He wants to know what the law in England will be in this case.
My friend is gonna let his house to another, so that he can have some income. A question arises: They need to buy a home insurance in case there is an accident like fire. Apparently in Malaysia, a homeowner doesn’t have to buy insurance for his house.
So in this case, who should pay for the home insurance, the homeowner or the tenant? I mean, the rental period is 2 years, and the insurance, if paid, will cover for 2 years only.
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What is the best high yield savings account to put 10K into?
May 8, 2009 by admin
Filed under Questions and Answers
I plan to put 10K into a high yield savings account for about 5 years and adding 1,200/year. Who has the best and most reliable rates?
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How do I open up a savings account?
May 4, 2009 by admin
Filed under Questions and Answers
I am 12 years old.I want to open up a savings account for college. I also want to open up a savings account for the end of the year so that i can buy presents for people for Christmas. Lastly I would like to open up a savings account for retirement.I would like to open these accounts at washington mutual bank. I understand that I would need parental advisory.
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