Posts Tagged ‘blog’

Refinancing vs Home equity Loans once you take the house of the market?

Friday, November 6th, 2009

Taking the house off the market we are not eligible to refinance because of the rules by the government How can we do a home equity loan and where can I find the current fixed rates? Thank you

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I have a 7 yr ARM with a Home Equity Line that we used to pay the rest of Mortgage Balance to avoid PMI.?

Friday, November 6th, 2009

Now that our 7 years is coming to a close is it feasible to roll both into one fixed rate Mortgage. Do banks typically do this?

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any car loan lenders that dont care about negative equity from your current car?

Thursday, November 5th, 2009

Related Articles

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If I buy a home appraised at $215K for $205K and only finance $180K, can I instantly get a HELOC for $35K?

Friday, October 30th, 2009

If I can’t get a HELOC instantly, how long do I have to wait to get a HELOC?

What is the equity used in the HELOC based on, the appraised amount or sales amount?

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Can new spouse's income/assets be considered in calculating child support or arrearages in California?

Thursday, October 22nd, 2009

I am the "new spouse" of a man who’s ex (partner, never married till me) BEGAN child support orders in family court in San Jose, California. He was unemployed at the time and had no income or assets to report on which the court could calculate child support. The ex- started this petition before he and I were married. I bought a house before he and I were married where we both live now. He has been unemployed for 4 years (this is another blog) and his daughters visit nearly every weekend and on vacation time. I think she may have never followed thru on the petition because he never received notice of anything, so I have a few questions, all inter-related:

1. Does the child support order stand because she started it and it is registered with the courts, even if there was never a court date they both attended and where an amount would have been declared by the judge? In other words, is he "screwed" because the child support petition already entered the system?

2. Are arrearages accumulating regardless of whether he OR SHE continued with the process and there was no declaration made by the court?

3. Can the court (or the ex) have my wages garnished?

4. Can the court (or the ex) have my income considered in calculating HIS child support debt – future or past?

5. Can the court (or the ex) take any action against my assets, mainly the house I bought before he and I were married?

6. I read somewhere that the courts could possibly go after HIS HALF of our community property. Would that apply here if the house was something I purchased on my own (loan and title are only in my name) before I even met him?

7. Would a post-nuptual agreement between he and I (he is VERY supportive of his ex not being able to get to my assets or income) be a good idea given the facts and chronology of events?

8. Does the fact that he is unemployed and I am his sole support have any bearing on this question?

9. Would he and I divorcing do the situation any good (we really would like to stay married, but WOULD divorce to avoid this happening; my prospects for our financial success as a couple are greater than his in general – that’s another blog)

10. How does it factor in that we are almost certain the ex applied for welfare since their separation and she claimed the father is MIA, that he is completely absent from their lives, which is a complete untruth?

11. I asked about my house earlier: IS the house even considered community property if I purchased in my name alone BEFORE we were married?

12. What about other assets like vehicles? What about the smaller stuff like all of my personal property (high-end furniture, jewelry, TV’s, electronics, etc.) Can they go after that (seize and auction like with the drug dealers?!), or use as a basis to calculate value of my worth?

13. If all of this is true and she CAN go after my things, what if my house is currently upside down? What it behoove us to file the petition RIGHT NOW so that the negative property value be taken into consideration? Or would it all be re-visited periodically by the courts to see if the house value increased and there is now equity to tap into?

Any suggestions or legal facts based on valid legal knowledge would be highly appreciated, doesn’t have to be a lawyer, but a lawyer’s response for CA Law is preferred. I am working on seeing a lawyer but cannot afford it right now. My middle-class income won’t qualify me for assistance, and I’m doing my best to protect myself before 10 years go by and suddenly my home equity is garnished to pay for children who aren’t even mine! I care about them, but I didn’t bring them into the world…it shouldn’t be my responsibility EVER, but not sure how screwed up California courts could be on the variable factors of this topic.

Thanks.

I have been given 35.000 .I have credit card debt and owe16.000 on a home equity loan I want to save some to?

Sunday, August 9th, 2009

I would like to invest insomething but what or in a CD or stock any ideas I know it is not that much money so I am trying to be careful

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what is the process of taking out a home equity loan?

Tuesday, July 28th, 2009

Related Articles

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how do you know when you are able to apply for a home equity loan or how many years after you purchase a home?

Saturday, July 25th, 2009

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Home equity ?

Sunday, July 19th, 2009

I bought and sold a home for my daughter using a home equity loan from my home. After selling the home, I put the equity back into my home (and still pay on it). My taxes are reading that by selling this home, I received income – but it’s not. Actually, I lost money… anyone have suggestions?

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What to do about financing/negative equity…?

Monday, July 13th, 2009

Short story…I bought a car a year and a half ago for 21K. It was worth 18.5k at the time but i did have a little bit of negative from a previous vehicle. The car is now no longer being made and its value has dropped to around 11-12K. I cant get out from it due now to the massive amount of negative…any REAL suggestions?

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Related ‘blog’ sites :


Blogger
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Google Blog Search
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Blog - Wikipedia
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Blogs in the Yahoo! Directory
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blogSpirit : create your blog
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WordPress.com — Get a Free Blog Here
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Globe of Blogs
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TypePad
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Movable Type
Offering personal publishing software for the blog generation.
www.movabletype.org
 

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