by kimrickwood I’m currently on a repayment plan on a rental property for the 1st mortgage. The 2nd has been charged off by EMC mortgage and sent to an outsourced collection company called LCS. Does anyone have any experience on how to deal with LCS and what rights I have to settle this 2nd mortgage. [...]
I see how down payments affect the price of your home. But when you use the VA loan you dont have a down payment. So how does that affect the price of your home? by Mike Licht, NotionsCapital.com We are thinking of purchasing a house from my father. Instead of using a mortgage broker or [...]
What market conditions have to in place for a 20% down payment to be a standard requirement of most lenders? I’d think conditions similar to our current state in 2010 were foreclosure sale are common and default rates are high, but without government assistance in the financial sector. by Nemo’s great uncle I am a [...]