Posts Tagged ‘mortgage’
Interest rates went up .6% in Canada and now saying real Estate is going to bottom out.?
Just finishing an update reno. on our house because we were planning on selling. Will be about 1 month until finished. Financial analysts on every news program I’ve watched for the past 2 days are saying this .6% hike in interest rates and the fact that houses are priced at about 25% more than they are worth is going to crash real estate market, Do not sell now you will lose your shirt is the gist of it. Is it really as bad as financial guys are saying? I know house prices skyrocketed a few years ago and have just started to level out in the past year. .6% does not seem like alot to me but as far as financial markets, interest rates etc. I am pretty much lost. Well actually I have no understanding of the markets at all hard as I try to grasp it. Are analysts overreacting? O r should a person actually reconsider selling? We have already been pre-approved for a mortgage about 5 weeks ago so do I need to go back and re-apply or something. If someone can tell me really how this will affect prospective sellers please help. I am totally freaking out and obsessing about this. My husband says this won’t make any difference to us and I am worried about nothing. Is he right?
Other Sites About Wills and Trusts
What happen if a last will & testament was made before getting married and his kids are the only beneficiaries?
Is there any legal right of the second wife of any property if she is not included in the last will and testament of husband? Last will and testament were executed way back before the husband got married the second time. The only beneficiaries are his children. What will happen to the wife? Will she gets nothing from his property of any kind? This is in Canada.
House still in mortgage but it’s solely under the name of the husband. They are living together in that house. Every time they buy furniture or fixtures it’s all under the name of the husband.
Other Sites About Wills and Trusts
Is anyone familiar with, or do you have expertise in, Wills and Probate?
I am wondering how long one has to contest a will? And if that time has already elapsed, would consideration be given to information discovered after the fact?
My father passed away in 2003 and his daughters got nothing. Now, we have learned that his wife’s children are all mortgage free. Also, his Marco Island, Florida condo, boat, and slip were never mentioned in the original will. Furthermore, the lawyer on my father’s will is also the lawyer that signed off on one of the mortgages.
Anyone that could give me any information, advice, or the name of a lawyer that is more than competent with respect to these issues would be greatly appreciated.
By the way, I’m looking for answers as they apply to Massachusetts law.
Thank you.