I have six brothers and sisters. My youngest brother, 50, has his name on the title deed to the family home, as do my two deceased brothers. Two sisters got married and withdrew their names from the act. One of our sisters was on the title, but she also passed away. My brother says, “It … Read more
My wife and I are both retired. Right now we have an IRA worth over $800,000, which is intact, and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 remaining with an … Read more
My wife and I are both retired. Currently we have an IRA worth over $800,000 that is intact and stocks worth $600,000. We receive pensions and Social Security, which amount to about $9,000 a month, but we have two mortgages that are not being paid off. Our primary mortgage has $42,000 left with 2.5% interest, … Read more
My mother and stepfather just co-signed a mortgage for my brother. My mother said their house was used as collateral. If my brother can’t pay his mortgage, our mother will have to pay it for him, or the bank will take his house, right? Also, what happens if my mother and stepfather both pass away … Read more
First of all, I’m a complete beginner, I know almost nothing and I expect to be made fun of. Here’s my question: I currently live with my girlfriend. I was looking for houses and found a very nice quadplex that was just renovated. I run two businesses, but I personally have no source of income. … Read more