Archive for the 'Personal Finance' Category

My mortgage is about to increase due to an adjustable rate, is there anthing I can do to avoide this?

February 28 20106 Commented

Categorized Under: Personal Finance

maggie asked:
The problem is that 2yrs ago I made the mistake of getting a loan for my sister who did not have any credit. She wasn’t able to pay the mortgage and now the house is under forclosure. The adjustable rate increase is on a condominium that I am leasing out, not on the [...]

What are some good books about learning the basics of Personal finance?( Canada)?

February 25 20104 Commented

Categorized Under: Personal Finance

liipl 2 asked:
I’m looking for a book about personal finance. A book that explains in a simple vocabulary, how to:
- budget/manage your money
-TIps on do’s and don’t about money. Depending in what cycle you are ( ex, close to retirement, what not to do with your money)
- Information about Garanteed investments Certificates.
- Canada Bonds
-Basic [...]

french property finance - currency exchange partners for more advice?

February 22 20103 Commented

Categorized Under: Personal Finance

Sukri asked:
Where can i get currency exchange partners that have much better exchange rates in french property finance in case to set the exchange rate at everyday rate for saving my s?
Property South Of France

How to go about getting a mortgage if your a server?

February 13 20105 Commented

Categorized Under: Personal Finance

greenrozes77 asked:
Hey,
I’d like to buy a house one day, and I am a full time waitress. I love my job, but trying to get a loan, let alone a mortgage seems nearly impossible. The bank looks at my pay stub, and sees that I make minimum wage. I am wondering if anyone has any [...]

What happens to a person’s mortgage when the lending company goes bankrupt?

February 12 20109 Commented

Categorized Under: Personal Finance

Garry C asked:
Does the person pay the mortgage balance to the bankruptcy court? Does the person have to find another lending company to take up the mortgage balance?
Port Grimaud

What is automobile personal property insurance?

February 8 2010one Commented

Categorized Under: Personal Finance

Tina asked:
I need this very soon and please put it in simple easy to understand terms!! thank you !
Sell My Property

What’s the best mortgage company for someone with a largew downpayment and great credit score?

January 31 20106 Commented

Categorized Under: Personal Finance

jimbob asked:
I’m looking for low rates on a 30 year fixed with low closing costs and no BS. Anybody had any good experiences with reputable mortgage companies out there that would fit my profile and needs? Thanks.
En Luberon

Home insurance - does it protect you if you get sued by killing someone in your car?

January 24 20103 Commented

Categorized Under: Personal Finance

Judy asked:
Lets say you kill the neighbors kid by running him over.
The family decides to sue you for 3 million.
Your car only carries 100,000 in liability.
The family decides to sue you and try to get your house.
Home insurance is just 100K if someone gets hurt in your property.
Not sure if that would even apply.
Can [...]

How can I be on our mortgage without an existing credit score?

January 9 20105 Commented

Categorized Under: Personal Finance

schweezy7 asked:
My husband and I want to apply together for a mortgage, his credit score is excellent, mine is non-existent since I have been in the US for only 3 years and have used credit cards related to my husband’s account only. Is there still a way for me to be on the mortgage?
Will [...]

How do you pay your mortgage or rent when you retire?

December 9 20095 Commented

Categorized Under: Personal Finance

kimberbenton asked:
I am 28 in the UK. I haven’t got a mortgage. When I am retired and living probably in private rented accommodation, who pays the rent? Or what about if you haven’t finished paying off your mortgage but have to retire? I’m planning for my future!
I am probably never going to have a [...]