ur face asked:


Our situation is that we cant afford our house anymore, and my uncle really liked our house, so me and my family were thinking and we thought that my uncle proposed a good dea;he would give us a lot in Mexico and 5000 on the spot to find another place or for watever, but the thing we need to know is can we just transfer the house to him? that is, to just give him the house with our 4 years of payments so he doesnt have to start over, so none of us lose money, at our current interest rate, in simple terms can we just give him our mortgage? is that legal or is there a process for that or would the best thing be to just keep it on our name and just have him live there and pay the bills?

mexico mortgage financing

ur face asked:


Our situation is that we cant afford our house anymore, and my uncle really liked our house, so me and my family were thinking and we thought that my uncle proposed a good dea;he would give us a lot in Mexico and 5000 on the spot to find another place or for watever, but the thing we need to know is can we just transfer the house to him? that is, to just give him the house with our 4 years of payments so he doesnt have to start over, so none of us lose money, at our current interest rate, in simple terms can we just give him our mortgage? is that legal or is there a process for that or would the best thing be to just keep it on our name and just have him live there and pay the bills?

mexico mortgage financing

blue eyes asked:


>
> >
>
> >
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> Jose and Carlos are both beggars. They beg in different areas of town.
>
> Carlos begs for the same amount of time as Jose, but only collects about eight or nine dollars a day.
>
> Jose brings home a suitcase full of ten dollar bills every day. He drives a Mercedes, lives in a mortgage free house, and has a lot of money to spend.
>
> “Hey, amigo,” Carlos says to Jose, “I work just as long and hard as you do, so how come you bring home a suitcase full of ten dollar bills every day?
>
> Jose says, “Look at your sign, what does it say?”
>
> Carlo’s sign reads; “I have no work, a wife and six kids to support.”
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> “What’s wrong with that?” Carlos asks him.
>
> “No wonder you only get eight or nine dollars a day!”
>
> Carlo’s says, “All right, what does your sign say?”
>
> It reads, “I only need ten dollars to get back to Mexico

mexico mortgage lending

Chuck asked:


He loans money to people who OWN a house or piece of land in MEXICO who are financially cash strapped. He was explaining to me that he loans them the money up to 35% interest and usually loans them more than he believes they could pay back with a secure lien on the land title, but less than the property is worth (So he can extract his profit) The home/land owners are uaully unable to repay the debt and he forecloses and takes the house, resells it on the market and makes a tidy profit. There is some remodeling involved because most of the homes are in terrible condition.. He calls it “Flip that house” He has shown me the books he keeps and he is making over $100K ONLY on this business alone!! He wants me to help remodel and prepare the home and deal with the locals there since I speak spanish fluently. He has also come up with another idea for loaning money on Credit Cards (CC) the interest would be high as well on them..Any input on this? Is it a good way to make a quick buck?

mexico home mortgage

Peggy!! asked:


Jose and Carlos are panhandling at the freeway off ramp.

Jose drives a Mercedes, lives in a mortgage free house and has a lot of money to spend.

Carlos only brings in 2 to 3 dollars a day.

Carlos asks Jose how he can bring home a suitcase full of $10 bills every day.

Jose says, “Look at your sign.” It reads: “I have no work, a wife & 6 kids to support”

Carlos looks at Jose’s sign.

It reads: “I only need another $10.00 to move back to Mexico”

mexico mortgage bankers