No, keep them open. Capacity makes up 30 % of your credit score. 100% available on revolving lines can increase score by 100 points and closing lines you don't use will lower your score because that will decrease your capacity (capacity is % of revolving line amounts you have available in relation to total revolving lines you have open)... more
Selling agent representing buyers alsoWe listed our house with an agent, it is a beautiful home but it is 20 years old and needs many upgrades. My wife and I are not able to keep it up anymore and have decided to sell it.
Contact the agent's broker who can answer all of the questions you've posted here. In the meantime read your property management agreement (again,) especially the part about coordinating the exit of a tenant. Depending upon what it says, there may be no ball to drop.
Transferring your account to an agent within the same company is legal since your contract belongs/belonged to the broker and the agent is/was an extension of him or herself.
If two months delinquent, was the move due to the process of eviction? If an eviction will you pursue legally? If you pursue legally, can you add the $1K in additional damages to your suit?
Again, contact the person in charge - the agent's broker.
I advise talking to a lender who can help you come up with a plan to determine what you should pay down and by when so as to get you on track to purchase a home by June 2017. I am currently based in Maple Grove and would be happy to talk to you if you are open to a conversation.
Keller Williams Classis Realty
7365 Kirkwood Court 2nd Floor
Maple Grove, MN 55369
licensed in Minnesota, Illinois and Florida... more
Current taxes should be prorated. Estimates are used if a tax rate changed in current year. Beware , some are paid a year in advance and school , county and township may be paid on different dates , locations and rates. Pa. is a very high tax and confusing instructions are MO. olivia... more
The requirement of an escrow (impound) account would have been disclosed to you at the time you accepted the mortgage. Time to read the documents. If in fact required and not elected by you, there is no choice, you will have to pay.... more
Since your name is not on the loan, it is highly unlikely Nationstar will agree to a loan modification. They will want to negotiate to modify with the person who is responsible for the loan. If there is equity in the property (not under water) get a new loan and pay off the old debt. Even if Nationstar would talk to you, you would still have to "qualify" for the modification - so it's best to start anew.