New Single Parent Needs Advice
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New Single Parent Needs Advice
On Sep 18, 5:12 pm, wrote:
Hello, My name is Kathy and I am a 20 year old female from NJ. Due to a recent tragedy, I am now the sole guardian of my 10 year old sister. I am sorry to hear that and wish you luck. I am not sure what I am doing or even how to find support to not lose the house or how to raise someone. Excuse me for being blunt, but if you don't have the income or assets to pay the mortgage, you are going to lose the house. Finding rental housing for two people should not be that difficult, but I hope you have an older friend or family member who knows what is involved in selling a house. It's better to sell the house if you have any equity than to wait for the bank to foreclose, which will ruin your credit rating. A better newsgroup than this one for financial questions is misc.invest.financial-plan . |
New Single Parent Needs Advice
In article .com, Beliavsky
says... On Sep 18, 5:12 pm, wrote: Hello, My name is Kathy and I am a 20 year old female from NJ. Due to a recent tragedy, I am now the sole guardian of my 10 year old sister. I am sorry to hear that and wish you luck. I am not sure what I am doing or even how to find support to not lose the house or how to raise someone. Excuse me for being blunt, but if you don't have the income or assets to pay the mortgage, you are going to lose the house. Finding rental housing for two people should not be that difficult, but I hope you have an older friend or family member who knows what is involved in selling a house. It's better to sell the house if you have any equity than to wait for the bank to foreclose, which will ruin your credit rating. A better newsgroup than this one for financial questions is misc.invest.financial-plan . Whoa whoa whoa. "Lose the house". Not necessarily. Very likely, provision has been made by their parent(s). As for financial matters, her first resource is the executor of the will in question. Banty |
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