Archive for February, 2010

secured loan

my parents helped my husband and i purchase a home this year. we have a loan agreement with them and have been making payments of principal and interest since june of this year. the loan is not secured on the home. the home mortgage interest deduction for federal personal income taxes requires that the loan be secured on the property. if i get the loan secured before the end of this taxable year, can i deduct all interest payment made this year even if they were made before the home was secured?

Sell and Rent Back
secured loan

I have a ’secure loan’ but i went bankrupt last year and have since found out that the secure loan was not registered with the land registry! Do i still have to pay it? or can i take them to court? The loan company is still asking for the money.

Passive Income

What is a good solid tangible investment (art,coins) for a layman?

property crash

I am looking for an alternative investment to the stockmarket. Something that would be tangible during a total market crash if one where to ever happen. I thought about land but you have to pay property tax. I tought about gold coins Well art is like stocks and you have to know about it or you could make some bad descisions.

Sell House Quick

What is a cheapish but good quality laptop processor?

property crash

I am looking into laptops and notebooks, what is a good, quite common, reasonable priced, processor that will run most programs (photography programs, java writing stuff, music, movies and games, and loads of boring college work) Also does anyone know what would be the best laptop to get which has the above properties (not too expensive [nothing over £380] good quality [will run most programs and wont get slow or crash much]

Thankyou =]

Passive Income

secured loan

I need to pay 1500 or lose my car to impound fees and tickets. I don’t have the money but can put my car on the loan because it is fully paid for. My credit is around 500 does anyone know where I can get a loan. I have about 5 days .

Sell and Rent Back
rent property sale

We are trying to short sale our house and were approached by some people from up north that wanted to buy some property here in Florida and rent it out or a copule of years. They offered to buy our short sale house if we would sign a 2 year lease and rent from them. At the end of the 2 years they would like to either move into the house, or sell it, possibly back to us at the appraised amount. Can this be done? I have only heard of this as an issue of having family buying a short sale so their family members can stay in their own house by renting it and then maybe buy it back when it could be afforded.

Rent Back
property crash

I mean there was only my car involved. No other cars were involved, no property was damaged. The crash was my fault. My car was wrecked.

Rent Back Fast

how does a rent to own property work?

rent property sale

I saw an ad in the paper for a rent to own the rent is 1200 a month. Does that get applied to the sale price or part of that does. How does this normanly work? Thanks for the help.

Repossession
property crash

With growing debt and easy credit, do you think the housing market has finally peaked and is in for a crash landing?

Passive Income
secured loan

bank gave 2 secured loans in 2005 to company A. One was 1 million used to buy equipment for the plant. the second one was line of credit partially used to buy a truck and then a later draw to buy raw material. Company A failed to file taxes end of 2005. In 2007 the irs filed a tax lien. Does the tax lien take priority over the security interest on 1st loan. Does it take priority over the truck; how about the draw used for raw material?

Quick Property Sale
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