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Transferring a mortgage: How it works
Bankrate via AOL· 4 months agoKey takeaways A mortgage transfer is when another person or an entity takes over your existing mortgage. Most mortgages are not transferable, but lenders...
The Worst Things You Can Do After Losing a Spouse
Cheapism via AOL· 3 weeks agoTinnakorn Jorruang/istockphoto Operating Solo The days and weeks after the loss of a spouse can be overwhelming, filled with grief, confusion, and...
Divorce and your mortgage: Here’s what to know
Bankrate via AOL· 3 months agoKey takeaways If you obtained a joint mortgage with your ex, both of you are responsible for the debt. Divorcing couples with a joint mortgage typically...
Should you add a co-borrower to your mortgage?
Bankrate via AOL· 5 months agoKey takeaways A co-borrower can enhance your chances for mortgage approval. Having a co-borrower on your mortgage may allow you to purchase a larger and...
Reverse mortgage scams: What they are and how to avoid them
Bankrate via Yahoo Finance· 9 months agoKey takeaways A reverse mortgage is designed to let seniors aged 62 and older tap into their home...
What is an alienation clause?
Bankrate via AOL· 1 month agoKey takeaways An alienation clause is common in mortgages, giving a mortgage lender the right to request full and immediate loan repayment when the home...
This Is What Actually Happens to Your Mortgage When You Die
SmartAsset via Yahoo Finance· 2 months agoIf you die owing money on a mortgage, the mortgage remains in force. If you have a co-signer, the...
Should you gift your child a down payment?
Bankrate via Yahoo Finance· 9 months agoKey takeaways A28% of buyers use down payment gifts to purchase their homes. You and your spouse can give your children up to $17,000 each, totalling...
‘I’m divorcing after a lot of heartache’: Should I suggest my husband keep his $200,000 401(k), so I...
MarketWatch via Yahoo Finance· 19 hours ago“My early career 401(k)s were used as house down payments.” (Photo subject is a model.) - Getty...
What happens if you inherit a house with a mortgage?
Bankrate via AOL· 2 months agoKey takeaways A deceased person's mortgage becomes the responsibility of the person inheriting the home. The heir has several options such as moving into...