Archive for April 16th, 2008

mortgage not married split help?

Wednesday, April 16th, 2008
Kim R asked:

Me and my partner are not married but have a joint mortgage. My partner has not been in work for alot of the time we have spent together and I have been paying everything, along with hand outs from my family. He not his family have not contributed anything. If we were to split, and i can prove via bank statements, and my mother;s paying-in book that we have made all the payments for the bills, will i be better off. we have been together 2 years and in a mortgage for a year. There is also a deed of trust within the mortgage that I get paid a sum back to me which is my inheritence if we were to split/sell up. We also have a secured loan on the property. Please help

Question posted courtesy of: Kimberly
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mortgage taxes and itemizing multiple mortgages?

Wednesday, April 16th, 2008
VanillaIce asked:

here is my situation. my parents own a house and the mortgage is under their names. they have VERY low income so every year at tax time i itemize the mortgage interest and get a huge tax refund as a result even tho the mortgage is in their names. Now my dilemma is this…i plan to buy my own house with the mortgage in my own name. can i itemize the mortgage interest from both properties and get an even HUGER refund?

Question posted courtesy of: Jackie
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How will the situation with sub prime loans in the U.S affect property prices here in Australia?

Wednesday, April 16th, 2008
djmck098 asked:

Will we expect much of aninterest rate rise due to the collapse inthe housing market in the U.S? will property prices plummet here too?

Question posted courtesy of: Jerome
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