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How to Protect Your Property From Lawsuit

By | February 9th, 2013|

When thinking about how to protect your property from a lawsuit, you might want to consider setting up a trust. Q: I bought my house 20 years ago and today it is worth $300,000. I owe about $150,000 and have about 10 years left on a 15-year mortgage. The interest rate is 5.125 percent, and [...]

Refinancing a Rental Property: Options for Refinancing Underwater Mortgage

By | January 25th, 2013|

Refinancing a rental property or an upside down mortgage? Options for refinancing an underwater mortgage.  Q: We received an invitation from a loan company to refinance a rental home we own. Our current lender is in partnership with this company. The interest rate on our current loan is 6.25 percent with about 22 years left [...]

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