Can my spouse kick out a guest without my consent?

I'm not a lawyer so I'm guessing that it depends on several things. Your question comes down to what will happen if she calls the police and tells them that the guest is unwelcome. Like all things legal, it depends.Even if your wife's name is not on the title,

Is it better to pay off a mortgage or invest?

This is a simplified answer from a blog post I wrote: Should I pay down my mortgage or invest? - Foxy MonkeyFirst of all, Congratulations! It's a good problem to have.The answer is

Is it smarter to pay a mortgage or pay rent?

That's a broad question, like if it's better to get married or keep dating. Everybody has an opinion, and the answer largely depends on the individual. But as it relates to real estate investing, owning is generally better than renting.From a financial standpoint, you

Should retired people pay off their mortgage?

The answer is a firm "it depends." It depends on the remaining outstanding mortgage balance and where the funds to pay off the mortgage are coming from. Many of these decisions are based on whether or not there is a need to improve the

We live with my in laws. They pay the mortgage and my husband and I pay all other taxes and bills. My mother in law just told me she wants us to pay half the mortgage as well but won't add our names to the house. How do I say no in a polite way?

Thanks for the A2AYou kindly thank your In-laws for allowing you to live with them and you understand that it is difficult to always pay all the bills and it because it is, it has been your pleasure to pay for the sewer, water, gas, electricity, phone, city, taxes, etc.You can only imagine how hard it

What are the advantages to paying off a mortgage early?

Paying off your mortgage early can have many advantages as well as disadvantages based on your financial situation.  It truly depends on your financial preference as well as future financial and retirement plans.  While paying off your mortgage would simplify your housing accounting

Why is housing so expensive in Toronto and Vancouver?

The other answers here (finite land, etc.) are technically correct but most ignore the real elephant in the room.Van and TO are pricy because they have become a great place for non-residents, mostly non Canadians, to buy real estate for speculation. For the Asian buyer it is also a way to launder money

Would you have a landlord if you pay mortgage and have to pay the bills on top of the mortgage?

Everyone has to pay bills on top of their mortgage payments. There are insurance payments and property tax payments and maintenance payments, as well as utility bills, including gas, electricity, internet, phone and television bills. There may be car payments and other loan payments. There will certainly

How is payment calculated on a mortgage when one payment is missed? For example, my monthly payment was $500, and I missed one payment. Can I become current by making 2 payments of $500 and late fee or is my payment different?

Specifically, in this example, let's say at end of 5 periods, my balance was 100,100. After making 6th payment of $500, balance was scheduled to become 100,000 since 6th payment had 400$ as scheduled interest and 100$ as scheduled principal.However, I failed to make this

My refinance mortgage broker keeps telling me 'payments for first year are mostly interest'. Why should I know this at all? Isn't it obvious that I should pay one day's interest as long as I owe money for that day, correct?

What your mortgage broker is trying to tell you is that, in your first year of payments, the vast majority of it goes to interest payments, while very little is being applied to reduce your principal balance.When a mortgage is amortized so

I want to get a loan to pay off outstanding credit card debt at a lower interest rate. Would this affect me getting approved for a mortgage with a loan? Would having a loan be better for getting approved for a mortgage?

It may affect you temporarily, but mostly your consumer debt affects your debt/income ratio; and a debt consolidation loan would first increase that temporarily (in the month of the consolidation) then reduce your ratio going forward, as you are able to pay down your debt by the schedule.But I

I want to make a residential lease agreement in NY. Will the landlord be able to break the lease in case he goes bankruptcy, or if the mortgage bank sales his house? How do I prevent it with writing it into the contract?

A lease is more than just a contract; it is a grant of a right of use and possession of real property, albeit temporary.Provided you comply with the terms of the lease, you have the right of occupancy no matter whether the landlord declares bankruptcy nor

Is it better to pay off your mortgage or put money in RRSP or 401(k)?

Get at least the company match in the 401K, it's

My home is in a revocable trust. My wife and I are now divorced and the divorce decree gives me the home. I have to refinance and she has to quit claim off the property allowing me to refinance solely to myself. How do I go about doing this?

You can find a quit claim form for your state on the internet.Or you could get one from a title co.Follow the instructions to fill out the quit claim deed form. Get is signed and witnessed. File it with the county clerk of the court. You have

We live with my in laws. They pay the mortgage and my husband and I pay all other taxes and bills. My mother in law just told me she wants us to pay half the mortgage as well but won't add our names to the house. How do I say no in a polite way?

The amount of rent you are asked to pay has absolutely nothing to do with the ownership of the house or with the mortgage payment amount. Your in laws house could be worth $250,000 and have almost $250,000 outstanding on the mortgages, or the might owe only $10,000. However, there is a current market value for the space

What FICO score do you need to have in order to qualify for a zero-interest mortgage in San Francisco or Seattle for an owner occupied single family residence?

What FICO score do you need to have in order to qualify for a zero-interest mortgage in San Francisco or Seattle for an owner occupied single family residence?There's no such thing as a

What is the difference between foreclosure and strict foreclosure?

Strict foreclosure is an action that is only allowed under the laws of a few states in the USA. When a strict foreclosure occurs, there is no public auction to sell the property - a judicial order passes title to the property directly to the lender that is foreclosing. Whereas the foreclosure process

Why do you need an attorney if you are facing foreclosure of your property?

Aside from the other excellent answers here already I might add that it is a question that begs for more detail. If you are a well educated person and can do the needed legal research you may be able to forego the attorney as most of

Will I always have to pay private mortgage insurance because I paid less than 20% down on the house? Or will it eventually be "satisfied" after a certain amount of time?

If you have an FHA loan you will always have MIP (their version of PMI). If you have a conventional loan the written agreement between you and the mortgage companies determines if and when you can remove the PMI.It may be that after a couple of years you can pay for a new appraisal and