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179 answers
69 helpful answers

David Reed is WalletPop's Mortgage Expert 

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About David Reed

Member Since July 9, 2008
Male, Austin TX, United States

Answers


A:

My mom and dad are in their 70's. They got a loan ...

I got an email from a couple two weeks ago in a similar situation, yet the husband has been disabled for 40+ years with a congnitive disorder and his 65 year old bride is still working. They've owned ...
Submitted by David Reed 1 year ago
0 comments


A:

Ex boyfriends judgement on my property

Not sure. You may be able to work it out if the signature of the quit claim were notarized, showing the date was before the judgment and the judgment was filed after he gave up his ownership. This ...
Submitted by David Reed 1 year ago
0 comments


A:

Timing

You can start right now but you wouldn't be able to close because the new lender would want to see the old loan closed, along with its current terms. But you can certainly make a loan application in ...
Submitted by David Reed 1 year ago
0 comments


A:

Seeking finance 30% return in One Year

If you have an asset to secure other than a good idea, you might try that approach. But aren't those boxes already being sold in mass-consumer electronics stores and also sold cheaply to lower income ...
Submitted by David Reed 1 year ago
0 comments


A:

In debt and mortgage trouble

Not sure there's a magic answer. Chase, along with every other mortgage lender, has a "workout" division that can take past due payments, put them into the original loan balance to get them caught up ...
Submitted by David Reed 1 year ago
0 comments


A:

GMAC not honoring legal aggrement

Sheesh, I dunno. You're already doing what I would suggest. Where is the copy of your original note/terms. It would seem to me that simply faxing/attaching a copy of your soft prepay agreement ...
Submitted by David Reed 1 year ago
0 comments


A:

Co-Op Financing

Because that's where the co-ops are. Co-op financing is hard to come by, there are no co-ops where I live for instance so there's no co-op loans. It's not necessarily restricted, just exists where ...
Submitted by David Reed 1 year ago
0 comments


A:

Paying off mortgage in less than 30 years

Use the amortization calculator at this financial site, www.hsh.com. I use it regularly.
Submitted by David Reed 1 year ago
0 comments

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