Recent content by mortgage ques_IHB

  1. M

    How does taking over a mortgage work?

    I'm buying my house from my brother, but I don't know ANYTHING about mortgage and financing. I do not have good credit so in ADDITION to paying the monthly house payments and yearly insurance and taxes to him, I've paid almost $17,000.00 with the agreement that when I've paid $20,000.00 we will...
  2. M

    Taking over an existing mortgage - pros/cons please

    I'm buying my home from my brother, but I don't know ANYTHING about mortgage and financing. In addition to paying the monthly house payments and yearly insurance and taxes to him I've paid almost $17,000.00,with the agreement that we wiil go to the bank with this information when I have paid...
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