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Did you know that you can get rid of your second mortgage or home equity line with a Chapter 13 Bankruptcy?

Call Central Coast Bankruptcy in Salinas, CA to find out more call 831-783-0260 or visit www.centralcoastbankruptcy.com .

*This advertisement is for general information only and not be construed as formal legal advice, nor the formation of a lawyer/client relationship.

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With: Tom McGiveron

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pjm226http://gdata.youtube.com/feeds/api/users/pjm226Newsexpert, good, value, in, second, mortgagesexpert-good-value-in-second-mortgages-.flv

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Also, is it easier or harder to get a second mortgage than it is to get a first mortgage?

Nope because you can’t secure the loan on the property you don’t own. Getting a first mortgage is easier because you can’t get a second mortgage until you have a first mortgage.

It’s a long time ago since Jack presented Carly the deed to Carly’s Prize. Now he’s asking her to take out a 2nd mortgage on the house their children live in to finance his wedding to a woman he’s known a few months.

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if a house with a first mortgage of lets say $300,000 and a second of $200,000 sells for only $400,000 will the commission still be paid even though the selling price wont cover the both mortgages? The second mortgage is tied up to another 2 properties however and they are still owned by the same person.

WTF. Of course. your problems and mismanagement is NOT the problem of the agent you hired to sell your house. They did their job and should be paid for it. The commission is based on the sales price, NOT the amount owed.

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While some still struggle to get a mortgage Nationwide is offering those in negative equity up to a 125% mortgage.. Follow us on twitter at http://twitter.com/itn_news

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Some of the principles behind consolidating your debt explained.

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