I live in Florida and have a 7 year ARM, and I was interested in re-financing to a 30 YR fixed rate. However, my house is now worth $90K LESS than the outstanding principal amount on my mortgage, so of course, my bank will not let me re-finance. What are my options, if any? Is [...]
Tag Archives: value
What to do when my home value is less than the principal of my mortgage?
Posted by admin on August 13, 2011
7 comments
What if value of home is now less than owe on mortgage?
Posted by admin on August 10, 2011
5 comments
2 years ago we took a 2nd mortgage for home improvements. At that time the house appraised at 250,000. We owe $223,000 between 1st and 2nd, with interest rate on 2nd >11%. Our home now appraises for
Does tax work to bring any value to my resume for obtaining investment banking internship?
Posted by admin on August 6, 2011
3 comments
I am currently working in taxes, doing corporate and individual tax returns. Does my current job add any value to my resume when I apply for an investment banking internship? If not, what can I do to enhance my resume, in hope of landing an ibanking internship?
When the assessed value of my home goes down, how is my mortgage affected?
Posted by admin on July 30, 2011
10 comments
When I bought my home, it was assessed at 90k. Now, two years later, the assessed value has dropped to 74k. Should I notify my mortgage company? Would it help me, or hurt me? This assessment is from the county property tax assessor.
What is the formula used to Determine the tax value of a mortgage?
Posted by admin on July 27, 2011
2 comments
I have a 2nd mortgage for $60,000.00 and I need to know how to determine it’s tax value.
Can you borrow from a mortgage lender more than the asking value of the property?
Posted by admin on July 26, 2011
2 comments
A mortgage company want’s to finance just enough for the purchase the home. Is that standard practice or not?
The value of my home is Considerably less than my mortgage. Is it possible to renegotiate a mortgage?
Posted by admin on June 24, 2011
4 comments
My lemder is Indymac who has faultered. The house (3200 SqFt) is nice, more the wife’s pick, but is now a financial titanic. Is it possible to renegotiate my mortgage to a lower amount?
How many oscillations in the system will undergo during the time the amplitude decays to 1 / e of its original value
Posted by admin on June 23, 2011
1 comment
A 400g mass is mounted on a spring of constant k= 3.3N/m. The damping constant for this system is b = 8.4X 10^-3 kg/s. How many oscillations will the system undergo during the time the amplitude decays to 1/e of its original value?
What is the best value mortgage to get in the UK?
Posted by admin on June 15, 2011
1 comment
Am a first-time buyer. Outlay will not be more than 120K. Any information about type of mortgage and company owuld be appreciated! No advice from 12 year old hookers, please.
Help me find the information on if a mortgage company can force you to insure your home loan to value?
Posted by admin on June 14, 2011
2 comments
I know there is a law that was passed that stops mortgage companies from forcing home owners to insure their homes to loan value instead of the appraised value. I used to have a copy of that document that I would use when I went up against the mortgage companies, but I can’t find it. [...]