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Inheritance Laws Can Work in Your Favor (Washington Post)
Q: I live in Maryland. My father passed away in January, and I have inherited his townhouse. He had a mortgage. I am continuing to make the mortgage payments. I have not notified the mortgage company. I am unable to obtain financing for a home in my name at this time and was turned down for home loans twice. If the lender finds out that I now own the house, can they pull the loan? I don't want ...
Read more...Realty Q&A: How to get a no-hassle FHA purchase-rehab mortgage (Market Watch)
I'm trying to obtain a loan for a home purchase -- I am not a flipper -- and I have been unable to find anyone who knows about the FHA Streamline K loan. How can I go about finding a lender familiar with this type of mortgage?
Read more...Ways to tap home equity without taking on mortgage debt (Seattle Times)
Improbable as it sounds at a time when American homeowners have lost billions in equity holdings, a new industry is taking shape to help them tap portions of their equity wealth without incurring traditional mortgage debt or making interest payments.
Read more...'87 financing plan led to tax tangle for N.Y. Congressman Rangel (Arizona Daily Star)
WASHINGTON — Rep. Charles Rangel paid no mortgage interest on a beach resort property for more than 10 years, a lawyer for the powerful House committee chairman said Friday.
Read more...Interest Was Waived for Rangel on Loan for Villa (New York Times)
House Speaker Nancy Pelosi called for an ethics inquiry into Representative Charles B. Rangel?s failure to report rental income.
Read more...It's More Than a Mortgage (Washington Post)
For Marc Laplante and his partner, Mitchell Keiver, the decision to buy a house wasn't simple.
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