NLIC.org

Peter Said:

BAD situation. What do I do?

We Answered:

I don't remember actually meeting my solicitor when buying a house. I appointed one and then the Estate Agent, Mortgage Broker and sellers solicitor all dealt with each other. I collected some paperwork from the office because it was quicker than waiting for it in the post. The rest of the time is was dealt with by phone call. Ring your solicitor and get them to tell you what you need to do as far as they are concerned.

Ronald Said:

price comparison site for blinds?

We Answered:

You can try several comparison sites, but my favorite is Onewayshopping.com

Michele Said:

Is an interest only loan a good thing when renting out a home?

We Answered:

I am not sure that I understand your questions but if your goal is to remove PMI then call your lender and tell them to take it off. If your home value is as you say $295,000 and your loan is $167,000 then your LTV is 56% PMI should be taken off after 80% LTV and sometimes they will at 87%. Because the bank will get there 56% back if the house is foreclosed on they no longer need PMI. I would not do an Interest only or an ARM. You are not looking at the risk that goes with both loans. Don't do an ARM because we are at 40 year lowe with interest rates and all ARM's do is protect the Bank not you. Interest only is a stay in debt forever loan and when you do sell you still have to pay the full balance of the loan off. If you really want to make the best move refin to a 15 year fixed rate. Today's rate on a 15 year is 5.62% My calculation of $167k for 15year at 5.62% payment would be $1,369.44 plus taxes and insurance. I don't know what you are wanting to get in rent but when you do rent it add that to the $1,369.44 payment and I bet your will pay off this house in like 5-8 years. Then when you sell in 10 years you will get $295k-310k cash at closing. The real question is do you want a little cash now (savings with the interest only loan and or arm) or a lot of cash later?

Terri Said:

Where do I stand in getting my neighbours to remove a large tree from their garden?

We Answered:

Assuming you are in the UK - start by going to the Citizens Advice Bureau.
You may find that if you offer to go halves with your neighbours in the cost of getting rid of the tree you will get a very glad acceptance. Make sure they realise it is urgent. It will have to be taken down by a professional, and the remaining stump chewed up with special machinery, or treated with acids to destroy any chance of re-growth.
Meanwhile, you may be able to persuade an insurer to insure for everything except damage by tree roots, ( flood, fire, theft, etc) to be reinstated to full insurance as soon as the tree is down.

Wade Said:

Please suggest a name for a comparison website.?

We Answered:

unameitwecompareit.com