I would like to know are if there are any companies out there that can or will help a lay person look at their financial picture and give advice.
I want to get a loan but I want to know what to do in order for this to happen? I have a second mortgager, who says they gave me $100,000. How can I prove that I did not receive that much money?
Hi - It sounds like you would be best served by consulting with a fee-only financial planner who will charge you by the hour for the consultation. A fee-only planner does not sell any financial product but provides financial advice for a fee. Paying by the hour could be your most cost-effective option as you will only be charged for the time you spend asking questions and getting answers. Any "back office" research that might be required i.e., time the planner spends finding answers while you are not present, could be arranged by the hour with a time sheet kept by the planner or with a flat fee arrangement. I don't know about hourly rates in your local area, but you can probably expect to pay $150 to $200 per hour. A simple piece of advice: when calling prospective planners, stick to your guns and insist on a by-the-hour engagement - if they refuse an hourly arrangement, call the next one. There should be fee-only financial planners on this site in your local area who will provide an hourly arrangement. As to your second question, all of the information regarding a second mortgage you obtained can be found in the closing document which discloses the funds borrowed, the fees charged and to whom the funds were paid. When a mortgage loan is closed, the escrow company is required to provide you with a complete copy. If you can't locate yours, contact the escrow company that handled the transaction and request a copy. Good luck! | 01.05.15 @ 21:03
I am here in the DMV and would be more than happy to speak with you further on this topic off line.
Please feel free to call or email me:
| 01.07.15 @ 20:19