Posts Tagged ‘Mortgage’

If a father owes real estate debt does the debt go to the children after his death?

Monday, January 18th, 2010
jonairten asked:


Real estate debt as in a mortgage on a house that isn’t yet paid off. Does the bank just take the house? Or do the children have to pay off that debt?
PLEASE leave a link to an official website showing the answer if possible. Thanks much!

Allison

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Posted in Renting Real Estate | 6 Comments »

As a young person in your 20’s, is it better to start saving for retirement or pay off debt?

Sunday, February 8th, 2009
debt
shamieya asked:


My debt consists of student loans and a mortgage. I contribute to a retirement plan with my job, but i work for the government, so there is no matching for my contributions. Should I severly reduce the retirement contribution (or end it) and focus on the debt?

Susan

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Posted in Personal Finance | 13 Comments »