Category Archives: Renting & Real Estate

How important is it to pay off debt before applying for a home loan?

By pcgumban | November 12, 2009

Kerrie H asked: I want to apply for a home loan but I have about $10,000 in credit card debt. I want to get in on the market now, how important is it that I pay off my debt before applying for the loan?Elaine

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Can a student loan debt collecter put a lein on a person’s house in the state of TX?

By pcgumban | November 11, 2009

S_Clark asked: Can a student loan debt collecter put a lein on a person’s house in the state of TX?
If the loan is in default can a lein be placed?Morgan

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How do you go about consolidating PRIVATE student loan debt with a home mortgage?

By pcgumban | September 12, 2009

Boston Tenor asked: We are looking for a home about $150,000 and we have about $70,000 in Private student loan debt at 7%.Hollie

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Does the Mortgage Forgiveness Debt Relief Act apply to short sales?

By pcgumban | August 15, 2009

JP asked: Hi – I am considering entering into a short sale of my townhouse, but I was wondering if anyone can advise me on if whether or not the Mortgage Forgiveness Debt Relief Act 2007, applies to the difference between what I purchased the townhouse for in 2006 and what it will ultimately sell [...]

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