2006-07-05 11:38:16 · 7 answers · asked by loriengel 1 in Business & Finance ➔ Personal Finance
As long as you own the home maybe even longer.
Why? Because if there is ever a problem with the title it's good to have those papers to fall back on.
Also if you are getting a loan and the bank needs a copy of your note then you won't have to order it and pay $$ for a copy.
2006-07-05 11:42:44 · answer #1 · answered by Sara 6 · 0⤊ 0⤋
Keep your current mortgage papers until you move. Keep your previous mortgage papers until you get a new mortgage.
Once you get a new mortgage, your old papers are no longer good for anything.
2006-07-05 11:41:24 · answer #2 · answered by Christin K 7 · 0⤊ 0⤋
IF you are talking about mortgage statements, I keep mine for 2 years.
2006-07-05 11:41:14 · answer #3 · answered by ps2754 5 · 0⤊ 0⤋
Closing papers - keep ALL your closing documents until you pay taxes for the year you sell the home. You will need this info to fill out your tax return.
Refi docs - until you pay off the loan
Monthly statement - until you get the next statement and verify that payment was received.
2006-07-06 03:59:59 · answer #4 · answered by homeschoolmom 5 · 0⤊ 0⤋
I would keep them, the ones that you have on your home for ever. I'm a loan officer and you never know what comes up for refinancing ect....sometimes the HUD settlement statement can lead you to what you need in selling a home ect...
2006-07-05 11:54:46 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you still have the house; forever.
If you still have the mortgage: forever
2006-07-05 11:41:52 · answer #6 · answered by kickinupfunf 6 · 0⤊ 0⤋
Legal documents? Find a safe place, and keep them forevah & evah!
2006-07-05 11:41:47 · answer #7 · answered by Bad Kitty! 7 · 0⤊ 0⤋