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Posts Tagged ‘income’

How to Buy a House with Low Income (Loans & Programs)

If you’re wondering how to buy a house with low income, you’re not alone. Many buyers assume homeownership is out of reach if they earn less than the area’s median income — but that’s not always true. Buying a home with a low in...

May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?

Facts: The owner of their principal residence encumbered by a short term second mortgage and a rent-a-room tenant paying rent under a leasing agreement files a petition for Chapter 13 bankruptcy protection. The property value is insufficient to...

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Main Content

Posts Tagged ‘income’

How to Buy a House with Low Income (Loans & Programs)

May a homeowner in a Chapter 13 bankruptcy plan cram down the principal balance on a short-term second mortgage encumbering their primary residence and include rent from a rent-a-room tenant as income to support the new mortgage payments?

Contact Us

Contact Us