When I was going through my divorce, the house wasn’t settled. We tried to do a modification, but did not get approved, so the house is on the market as a short sale. My credit has suffered as a result–should I put a note on my credit report to explain the circumstances?
Q: Hello, I live in NJ and recently went through a divorce. At the time of the divorce, the house wasn’t settled. Now, after trying to do a modification and not getting it, the house is on the market as a short sale. My credit has suffered and I was wondering, if I add a letter to my credit report explaining the divorce and such, will that help me get some credit? Prior to all of this happening, my credit was decent–I had a score of 720. Now it is much lower–in the low 600s. My ex-husband did nothing to help me and won’t even cooperate with the short sale, but my saving grace is that my divorce decree says the house is to be sold. Read More.
Q: I want to break my lease with a shoddy landlord. Is there a minimum notice standard in New York City by law? If so, what is it? Read More.
Q: I haven’t paid my mortgage in over a year. They haven’t sent us any foreclosure notices yet, but when they do, I was wondering how I should respond and what to do to get loan modification. Read More.
Q: Hi Dottie and Team. We do enjoy your show, listen every week. We’ve lived in our home in suburban New Jersey for over 25 years. Currently, the large, irregularly shaped property is demarcated by a few survey posts, but some are missing, and it looks as though a few of my neighbors are encroaching on my property. I may be looking to sell in a year or so, and want to avoid any issues regarding the property line encroachment or possible liability issues when the time comes. I’m looking for your advice as to what to do both now and in the future. Thank you. Read More.