Increasing number of NYC buildings aren’t up to snuff for mortgages

Could your buildings finances prevent you from getting a mortgage? That’s what’s happening to more and more city residents. BY PHYLLIS FURMAN / NEW YORK DAILY NEWS MONDAY, SEPTEMBER 3,

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After You Say ‘I Do’ — Bad Credit, Your Spouse and Home Buying

1. Buy it Together Anyway: You can always ignore your spouse’s bad credit and buy the house together anyway. An admirable plan that will certainly result in a corresponding high interest rate and not something any personal finance experts would advise.

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Consumer Bureau Moves To Make Mortgages Clearer, Foreclosures Fewer

            A “bank owned” sign in front of a home in Miami last October. Saying it wants “to protect homeowners from surprises and costly mistakes

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Closing Fees Ease Up

FOR some people, a major hurdle to homeownership is the closing costs that come on top of the required down payment. There are fees for everything from title searches to deed recordings, and if you happen to be buying in New York or New Jersey, you’ll find some of the highest costs in the country.

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Study: Consumers taking out reverse mortgages earlier

Borrowaers risk running out of resources later in life   By Eileen Ambrose, The Baltimore Sun Much of the wealth of millions of baby boomers is tied up in their houses

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The scoop on reverse mortgages

By Mary Lindsleystltoday.com Reverse mortgages have been getting a lot of attention lately,  perhaps because they seem like a great deal: You convert some of the equity in  your home

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Defining Loan Types for Mortgages

author name unknown Defining Loan Types for Mortgages If you’re in the market for a house but don’t have the savings to pay for the entire property with cash, you

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620, 680 or 720? What credit score do you need for a mortgage?

Kirk Haverkamp 620, 680 or 720? What credit score do you need for a mortgage? What kind of credit score do you need to qualify for a mortgage? A new

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