Is my mortgage likely to fall through?
I have been given a mortgage promise by Halifax, which their advisor assures me will go ahead unless I take out any loans/cards before application. I’m a bit sceptial because of debts I’ve had in the past (9 yrs ago, mostly settled 2 years ago(there were a few that never asked for repayment past 3 yrs)). Have I been credit checked to this point? I’m looking to put in an offer on a property on Monday morning. HELP!
Yes I looked at my credit report and there’s nothing outstanding on it but I know defaults aren’t included. The outstanding debts were actually 9 yrs ago and I’ve heard nothing in 6 years now
You should be past the point of the Statute of Limitations..
Your credit has been checked up this point,… They wouldnt have approved you if they hadnt checked thoroughly…
Films with terrific narration at the beginning?
So, I was just answering a favorite-movie-quote question, and I was torn between the opening narration in Trainspotting and the opening narration in Adaptation.
“Choose life. Choose a job. Choose a career. Choose a family. Choose a fucking big television, choose washing machines, cars, compact disc players and electrical tin openers. Choose good health, low cholesterol, and dental insurance. Choose fixed interest mortgage repayments. Choose a starter home. Choose your friends. Choose leisurewear and matching luggage. Choose a three-piece suit on hire purchase in a range of fucking fabrics. Choose DIY and wondering who the fuck you are on Sunday morning. Choose sitting on that couch watching mind-numbing, spirit-crushing game shows, stuffing fucking junk food into your mouth. Choose rotting away at the end of it all, pissing your last in a miserable home, nothing more than an embarrassment to the selfish, fucked up brats you spawned to replace yourselves. Choose your future. Choose life… But why would I want to do a thing like that? I chose not to choose life. I chose somethin’ else. And the reasons? There are no reasons. Who needs reasons when you’ve got heroin?”
“Do I have an original thought in my head? My bald head. Maybe if I were happier, my hair wouldn’t be falling out. Life is short. I need to make the most of it. Today is the first day of the rest of my life. I’m a walking cliché. I really need to go to the doctor and have my leg checked. There’s something wrong. A bump. The dentist called again. I’m way overdue. If I stop putting things off, I would be happier. All I do is sit on my fat ***. If my *** wasn’t fat, I would be happier. I wouldn’t have to wear these shirts with the tails out all the time. Like that’s fooling anyone. Fat ***. I should start jogging again. Five miles a day. Really do it this time. Maybe rock climbing. I need to turn my life around. What do I need to do? I need to fall in love. I need to have a girlfriend. I need to read more. Improve myself. What if I learned Russian or something, or took up an instrument? I could speak Chinese. I’d be the screenwriter who speaks Chinese and plays the oboe. That would be cool. I should get my hair cut short. Stop trying to fool myself and everyone else into thinking I have a full head of hair. How pathetic is that? Just be real. Confident. Isn’t that what women are attracted to? Men don’t have to be attractive. But that’s not true. Especially these days. Almost as much pressure on men as there is on women these days. Why should I be made to feel I have to apologize for my existence? Maybe it’s my brain chemistry. Maybe that’s what’s wrong with me. Bad chemistry. All my problems and anxiety can be reduced to a chemical imbalance or some kind of misfiring synapses. I need to get help for that. But I’ll still be ugly, though. Nothing’s going to change that.”
Both amazing pieces of writing which perfectly set the tone of the film to follow.
Any others come to mind?
Sunset Boulevard: http://www.youtube.com/watch?v=r9TIDthcIHU
A Clockwork Orange: http://www.youtube.com/watch?v=HI-mDTdeKR8
Apocalypse Now: http://www.youtube.com/watch?v=WEgqIY7xgtE
The Opposite of Sex: http://www.youtube.com/watch?v=7anCr0K71h0
I have a property in foreclosure in Alabama. Can a second property be forced to sell to cover the foreclosure
I have a property in forclosure in Alabama. Can a second property Iam paying on be ordered to be sold to cover the property in forclosure.
The house and property in forclosure were secured with a 1st and a 2nd mortgage and PMI insurance.
The second property I own is an owner finaced property and is being paid off as aggreed.
I felt I was forced to buy the second property by circumstances beyond my control. That is the insurance company settled on the total loss and I recieved a check that had to be processed with both my name and the banks name. I sent the check to the loan repayment department and instead of the bank taking their share they deposited the whole amount in my primary checking account. I really tried to than send the money owed on the destroyed property and the bank refused to take the money, not once but three times. I gave up trying to pay the bank the fourth time.
I was without a place to live, the insurance company refused to settle on the content claim and I incorrectly opted to take the house settlement and invest it in anouther property.
I have recieved notice from a seperate collection agent that they want the money on the 2nd which is about $7000.oo dollars. The 1st mortgage is scheduled to be forclosed on the 15th of August, however there is no house on the property anymore and so the bank is holding a note that is 38,000.oo but the property as is is only valued at $7,000.oo dollars.
What are the real fear if any I have in having my other property force sold to cover the debt of the first.
Should I tranfer ownership of the property to someone else and continue making payments on it?
I really did not wish to cheat the bank, but their refusal to accept the money to pay off the mortgage just finally irratated me or better yet exsasberated my mental health disorder (bi polor) that I choose unwisely.
please address this as completly as possible
I would of liked to have just returned to repayment, but know I am out of money, just living check by check, just holding on to the new property.
I just need to understand if there is anyway that I am at risk of losing this property and what those fears are based on.
I am on disability and have not worked for ten years if this is applicable
I ment to say what if I sold my currant property I am paying on. I had heard about the tranfer timelines previously.
Basically you will owe the difference of what they get in the sale and what is still owed. They may be able to put a lien on your other property but that would be difficult to do. Even if they did that wouldn’t make you sell your second property, and as long as your payments are on time with it your ok.
There may be a legal issue if an insurance company paid off the first property and you did not pay the bank or loan company its share. That you would have to check with a lawyer.
Any time there is any legal issues and someone transfers a title of property it will not help. You would have to do it seven years prior to the incident for it to help you legally. The court does not allow people to do this hence the seven year rule.
You should be ok again like I said as long as real estate taxes and the mortgage is up to date as far as payments.
My bank screwed me over, what action can I take?
A few weeks ago my partner inquired at our bank about a mortgage break – he just asked for some info, it’s not something we planned to do immediately, we just wanted to know more about it. We didn’t agree to anything or sign anything. We checked our account to find that the mortgage money hasn’t gone out this month, and when we rang the helpdesk they told us that yes, we had been signed up for a mortgage break. My partner will be going into a branch tomorrow to cancel this, but it means that our monthly repayments will go up from now on, and if we wanted to change mortgages or take a mortgage break in the future then our records would show we had already taken one, which would cause us problems. Aside from making a formal complaint, what action can we take? It’s not the first time our bank has signed us up for something without our permission (they signed us up to £98 a month life insurance despite us saying we didn’t want it) and we are very, very angry – and worried! Who knows what else the bank is going to do with our money?! We haven’t got the luxury of a ‘rainy day’ fund, things like this could put us in financial trouble.
So I was hoping someone could give us advice on what route to take now. Unfortunately we can’t move our mortgage for another 4 years because of the mortgage plan we are on. Please help!
Talk to the bank manager or president. Does your country have agencies that oversee banking procedure? If so, you might want to file a formal complaint there too.
The thing is, are you sure your partner didn’t sign anything? It is really wrong to sign you up for something without being able to produce a signature.
I would tell the manager/president they need to UNDO what has been done as if it never happened. Especially if there is no signed document proving you wanted this service.
HOME BUY DIRECT is it a scam????? ALL experiences greatly appreciated!!!?
hi long story cut short…. basically, me and my husband came across some new house, we went inside and enquired about prices, the house we were looking at was £142,000 but the home buy price was £101,000. sounds great to us.
we rung up the mortgage helpline and after a few questions the said the would give us a mortgage and the monthly repayments would be £470approx. again sounded great. they then said that after 5 years we would then pay about £60 more on top of the monthly repayments. that didn’t seem so bad then too.
so we handed over a £ 500 cheque to reserve the plot ( the house will be finished built in december), next a lady from the mortgage help line came round to take all the relevant documents, and after speaking to her the idea we had was clearly not the case.
firstly they wanted £780 straight up to pay there lifelong help to us and then the rest would go to have the house surveyed???!!! the house hasn’t been built yet.
next they told us about stair casing……nothing was said about this until we handed our cheque over and after questioning what it was and what it involved, it became clear that the 25% loan would have to be payed back in 10% or more chunks at the cost of £ 10000 to have the house surveyed again each time we stair cased.
how the hell are a couple who clearly cant get on the housing ladder in the first place supposed to be able to afford to save up for a £ 1000 surveyor every time they want to staircase and then pay the 10% chunk off the loan?????
any one who has done this scheme and had a good experience or a bad experience, all experiences of this scheme would be greatly appreciated!!!!
Fortunately you have spotted the rip off in time. Do not part with any money to this firm who sound very much like crooks to me.
Go to Martin Lewis’s site and look at the Mortgage Brokers that he recommends. He is as independent as you can get and you will get an insight into how Brokers operate. A Broker will research the market and recommend a mortgage deal to suit your circumstances. There are a lot of good deals about at the moment, including fixed deals which protect you from interest rate rises for a predetermined period. Good luck.
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