Comments on: My Bio http://www.firstladyoffinance.com Find out all about smart home financing. Sun, 20 Feb 2011 23:20:53 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: Radhika http://www.firstladyoffinance.com/about/comment-page-1/#comment-144 Radhika Tue, 02 Feb 2010 20:30:27 +0000 http://www.firstladyoffinance.com/?page_id=2#comment-144 l read the article about the lastest government credit .And l would like to know if l would be eligible for the credit, if l purchased my home in 2007? l read the article about the lastest government credit .And l would like to know if l would be eligible for the credit, if l purchased my home in 2007?

]]> By: Chris http://www.firstladyoffinance.com/about/comment-page-1/#comment-142 Chris Mon, 01 Feb 2010 00:55:16 +0000 http://www.firstladyoffinance.com/?page_id=2#comment-142 Please talk about the tax consequences of a Short Sale or Repossession, etc. I owned a rental house that was repossessed, and my CPA says I am going to pay taxes on the difference of what I owed and what the bank sold it for. If this is true not mny people know about this and it is going to be HUGE burden/problem. I am interested in a new home loan, but because of the foreclosure it will be difficult for me to get a loan. I have no debt other than $100,000 on my home. I want to buy about a #300,000 home and will put $250.000 down. I will need $50,000 and had a reat credit score until the repo. My credit score is now about 668, and I have never been late in the 10 years I have owned this house. What can I do? Thank you. Chris Please talk about the tax consequences of a Short Sale or Repossession, etc. I owned a rental house that was repossessed, and my CPA says I am going to pay taxes on the difference of what I owed and what the bank sold it for. If this is true not mny people know about this and it is going to be HUGE burden/problem.

I am interested in a new home loan, but because of the foreclosure it will be difficult for me to get a loan. I have no debt other than $100,000 on my home. I want to buy about a #300,000 home and will put $250.000 down. I will need $50,000 and had a reat credit score until the repo. My credit score is now about 668, and I have never been late in the 10 years I have owned this house. What can I do? Thank you. Chris

]]> By: Fred Fenton http://www.firstladyoffinance.com/about/comment-page-1/#comment-141 Fred Fenton Sun, 31 Jan 2010 19:26:09 +0000 http://www.firstladyoffinance.com/?page_id=2#comment-141 Howdy Michele, I read you Bee articles all the time. Your comment today "If you owe $1,000, you could possibly get $7,000 back as a refund". Why possibly instead of would? My best, Fred Howdy Michele,

I read you Bee articles all the time. Your comment today “If you owe $1,000, you could possibly get $7,000 back as a refund”. Why possibly instead of would?

My best,

Fred

]]> By: Anon http://www.firstladyoffinance.com/about/comment-page-1/#comment-2 Anon Mon, 28 Dec 2009 00:08:25 +0000 http://www.firstladyoffinance.com/?page_id=2#comment-2 Hi Michele, What can I do to buy a house or qualify for it. My husband and I own a house, and he file for divorce on late August, I have had moved out and he's living in the house and will keep it. So, I'm asking to be release of the home loan. He want to keep the house and have source of income to up keep the mortgage payment. He's trying to modify the home loan, and stop making house payment, (the property is underwater financially speaking), I being in the same job for over 17 yrs and have a good credit with the exception of the house issues. I'm in Sacramento, CA. and I can put a 5-7% down payment. but I can not get a bank/lender to approve me for a loan, because my name is attached to the house my husband is living in. In April my credit score was 790, now because he stop making house payment, my credit score is 650. I would like to buy a single family home to move in, and I am ready to purchase as soon as I get a bank willing to work with me. I need to know what to do. In the divorce petition stated that my soon to be ex-husband will keep the house as well as the loan obligation. Please help, I need to know what to do to get a new/fresh start. Hi Michele,

What can I do to buy a house or qualify for it. My husband and I own a house, and he file for divorce on late August, I have had moved out and he’s living in the house and will keep it. So, I’m asking to be release of the home loan. He want to keep the house and have source of income to up keep the mortgage payment. He’s trying to modify the home loan, and stop making house payment, (the property is underwater financially speaking), I being in the same job for over 17 yrs and have a good credit with the exception of the house issues.

I’m in Sacramento, CA. and I can put a 5-7% down payment. but I can not get a bank/lender to approve me for a loan, because my name is attached to the house my husband is living in. In April my credit score was 790, now because he stop making house payment, my credit score is 650.

I would like to buy a single family home to move in, and I am ready to purchase as soon as I get a bank willing to work with me. I need to know what to do. In the divorce petition stated that my soon to be ex-husband will keep the house as well as the loan obligation. Please help, I need to know what to do to get a new/fresh start.

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