private mortgage

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Will Title Insurance Save This Homeowner From Paying an Outstanding Private Mortgage?

Will Title Insurance Save This Homeowner From Paying an Outstanding Private Mortgage?

By Ilyce Glink| 2019-09-04T11:39:42-05:00 September 21st, 2018|

Will title insurance save this homeowner from having to repay a mortgage? A homeowner is trying to rely on her title insurance to help her repay an $80,000 mortgage so that she may transfer ownership to his children in the future. Q: My neighbor can’t transfer the title of her house to her children due [...]

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What’s the Best Way to Help a Family Member with a Private Mortgage?

What’s the Best Way to Help a Family Member with a Private Mortgage?

By Ilyce Glink| 2018-06-15T11:09:58-05:00 March 23rd, 2018|

What’s the best way to help a family member with a private mortgage? Depending on how your structure the interest rates, you may face issue with the IRS. Q: I set up a private 15-year mortgage with my niece several years ago at 3.5 percent interest. The paperwork is all properly filed. She is down [...]