Samuel Tamkin – Page 24

Is it legit that timeshare company charges closing fees at point of mortgage payoff?

May 23, 2019 at 9:14 a.m.

Q: My wife and I purchased deeded timeshare about five years ago. Approximately two and a half years ago, we paid off the note to avoid the high interest rate....

HARP 2.0 refi can really cut interest cost for qualified borrower

May 23, 2019 at 9:25 a.m.

Q: We bought a house in 2006 and put down 20 percent. We are current on our mortgage, but our interest rate is 5.75 percent. We are trying to refinance,...

Beware of companies offering to buy underwater home and rent it back

May 23, 2019 at 9:14 a.m.

Q: I'm one of those homeowners who is upside down in a mortgage. I recently contacted a nonprofit company and was told that this company can buy my home and...

Anyone can invest in real estate, but good planning and flexibility are key to success

May 23, 2019 at 9:24 a.m.

Q: I just wanted to say thank you. Your over-the-air advice encourages me and moves me forward in my real estate pursuits. I am a dairy farmer in the Atlanta...

Strategic default on rental property may backfire

May 23, 2019 at 9:13 a.m.

Q: My question is regarding a strategic default on a rental property. As with almost all homes, my townhome is under water by approximately $100,000. I live in Maryland, and...

Good renters have little to fear in bank-owned building

May 23, 2019 at 9:13 a.m.

Q: First of all, I adore your radio show! I drive rental cars for a living, and I listen to you every Sunday. Our problem, in a nutshell, is that...

Mixed news for distressed real estate

May 23, 2019 at 9:13 a.m.

There was good news and not so good news about foreclosures this week. According to the latest numbers from RealtyTrac, a total of 1,045,801 U.S. properties experienced a foreclosure filing...

Pondering bankruptcy: What’s at stake

May 23, 2019 at 9:13 a.m.

Q: I have been unemployed for about a year and still have not gotten a job. I was paying my credit cards until a couple of months ago. My unemployment...

Getting a loan when you’re self-employed

May 23, 2019 at 9:13 a.m.

Q: Are there specialists that provide mortgage services for self-employed professionals? My long-time personal bank seems lost when it comes to analyzing my ability to repay a mortgage. I would...

Is paying mortgage off before retirement a good idea? Yes, but . . .

May 23, 2019 at 9:25 a.m.

Q: We presently have a 20-year fixed rate mortgage at 5.5 percent interest, with about 14 years left to go. We owe approximately $163,000. Our home appraised for $200,000. We...

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