Realestate and Investing » Mortgage http://realestateandinvesting.com Real Estate and Investing News and Information Mon, 11 Jan 2010 10:23:35 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 What happens to a second mortgage when a home is purchased at a foreclosure auction? http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/ http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/#comments Thu, 17 Dec 2009 02:42:13 +0000 admin http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/ I am going to bid on a house at foreclosure and it has a 1st mortgage of 0K and a second of K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean that if I buy this house at foreclosure that I will own additional money to the second mortgage or just the first mortgage and back taxes?

]]> http://realestateandinvesting.com/2009/12/what-happens-to-a-second-mortgage-when-a-home-is-purchased-at-a-foreclosure-auction/feed/ 0 How does mortgage fraud affects the subprime mortgage crisis? http://realestateandinvesting.com/2009/12/how-does-mortgage-fraud-affects-the-subprime-mortgage-crisis/ http://realestateandinvesting.com/2009/12/how-does-mortgage-fraud-affects-the-subprime-mortgage-crisis/#comments Wed, 16 Dec 2009 05:05:52 +0000 admin http://realestateandinvesting.com/2009/12/how-does-mortgage-fraud-affects-the-subprime-mortgage-crisis/ In the actual Subprime mortgage crisis in the US huge amounts of mortgage frauds were discovered. What’s the part that these frauds played in the actual mortgage crisis ? Thanks.

]]> http://realestateandinvesting.com/2009/12/how-does-mortgage-fraud-affects-the-subprime-mortgage-crisis/feed/ 1 mortgage?? http://realestateandinvesting.com/2009/12/mortgage/ http://realestateandinvesting.com/2009/12/mortgage/#comments Tue, 15 Dec 2009 02:19:22 +0000 admin http://realestateandinvesting.com/2009/12/mortgage/ if i buy a home of 0,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????

thanks for the answers :)
well if not 10,000 then wat abt 20 or 25 ?

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