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Answers about Mortgages

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작성자 Stefan
댓글 0건 조회 9회 작성일 25-08-14 08:26

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A right to cure on a timeshare mortgage allows the borrower to rectify any default, such as missed payments, before the lender can initiate foreclosure proceedi
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Mortgages









What is to take possession of property to which there are no heirs?


Asked by Anonymous



To take possession of property with no heirs is known as "escheat." This legal process occurs when an individual dies intestate (without a will) and h
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Mortgages









Who usually obtains revers mortgages?


Asked by Anonymous



Reverse mortgages are typically obtained by older homeowners, usually aged 62 and above, who have significant equity in their homes. This financial product allo
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Mortgages



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What might happen if a clerk entered a larger amount on a customer's bill than the customer owed?


Asked by Anonymous



If a clerk entered a larger amount on a customer's bill than the customer owed, it could lead to overcharging, resulting in the customer paying more than necess
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Mortgages



+1









In Ohio how can we take my husbands name of the deed tho he is the only one on the mortgage?


Asked by Anonymous



To remove your husband's name from the deed in Ohio, you can execute a quitclaim deed, which transfers ownership to you alone. Both parties must sign the deed,
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Personal Finance



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What would be the monthly repayments on a 230000 loan?


Asked by Anonymous



To calculate the monthly repayments on a $230,000 loan, you'll need to know the interest rate and the loan term (in years). For example, with a 4% interest rate
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Law & Legal Issues



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Can a mortgage be released in a chapter 7?


Asked by Anonymous



Yes, a mortgage can be released in a Chapter 7 bankruptcy, but it typically depends on the specific circumstances of the case. While Chapter 7 can discharge per
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Mortgages









When considering an Adjustable Rate Mortgage what does the discount describe?


Asked by Anonymous



In the context of an Adjustable Rate Mortgage (ARM), the discount typically refers to the difference between the initial interest rate offered and the fully ind
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Mortgages









What is escrow advance to a property seller?


Asked by Anonymous



An escrow advance to a property seller refers to funds that are provided to the seller from the escrow account before the completion of a real estate transactio
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Mortgages









What is one advantage of getting government sponsored mortgage?


Asked by Anonymous



One advantage of getting a government-sponsored mortgage, such as those backed by FHA or VA, is the potential for lower down payment requirements. These loans o
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Mortgages









What do you think of the current requirements of financial institutions with regards to mortgage loan qualification criteria?


Asked by Anonymous



Current mortgage loan qualification criteria for financial institutions are generally designed to ensure responsible lending and minimize risk. If you liked this article so you would like to receive more info regarding home inspection diploma (blog) nicely visit our page. These requiremen
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Mortgages









What is interco payment?


Asked by Anonymous



Intercompany payment refers to financial transactions that occur between different entities within the same corporate group or organization. These payments can
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Mobile Phones



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How do you find Farmers Home Administration for a grant for Colorado or Wyoming?


Asked by Rnichls



To find grants from the Farmers Home Administration (FmHA) for Colorado or Wyoming, visit the U.S. Department of Agriculture (USDA) website, which oversees FmHA
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Mortgages









Who is the escrow holder?


Asked by Anonymous



The escrow holder is a neutral third party responsible for managing the escrow process during a real estate transaction or other agreements involving the exchan
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Mortgages



+3









Re deed in trust with husband and wife but want to add a child over 21 as joint tenancy in the entirety with full rights of survivorship is this the right terminology to use in deed?


Asked by Anonymous



The terminology you are considering may not be entirely accurate. A "deed in trust" typically refers to a trust arrangement rather than a property dee
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Mortgages









Any penalties for withdrawing a refinance application?


Asked by Anonymous



Withdrawing a refinance application typically does not incur penalties, but it may depend on the lender's policies and the stage of the process. If you've paid
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Mortgages









What are the three types of mortgages?


Asked by Anonymous



The three main types of mortgages are fixed-rate mortgages, adjustable-rate mortgages (ARMs), and interest-only mortgages. Fixed-rate mortgages have a constant
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Law & Legal Issues



+3









If items are blown onto your property in a storm and you dispose of it are you then liable if the owner of the objects on your property wants them back?


Asked by Anonymous



Generally, if items are unintentionally blown onto your property during a storm and you dispose of them, you may not be held liable for their return, especially
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Mortgages









What is a semi-fiduciary lender?


Asked by Anonymous



A semi-fiduciary lender is a financial institution that operates with a fiduciary duty to its borrowers, meaning it has an obligation to act in the best interes
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Loans



+4









You filed chapter13 and refiled ch 7- 8 mo later havent made mortgage payment 4mo have not recived anything from bank how long do you have before you are forced to leave home?


Asked by Anonymous



If you've filed for Chapter 13 bankruptcy and then refiled for Chapter 7, the timeline for potential foreclosure can vary based on state laws and the specifics
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Mortgages









What are the locations of the farmers home administration?


Asked by Anonymous



The Farmers Home Administration (FmHA), which was part of the U.S. Department of Agriculture, had offices located across the United States, primarily in rural a
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Accepting Credit Cards



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Who was the Ageny that gave low interest rates to homeowners during the great depretion?


Asked by Anonymous



During the Great Depression, the Home Owners' Loan Corporation (HOLC) was established in 1933 to provide low-interest loans to struggling homeowners. The HOLC a
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Mortgages









What is the four elements of monthly mortgage payment?


Asked by Anonymous



The four elements of a monthly mortgage payment typically include the principal, interest, property taxes, and homeowners insurance. The principal is the amount
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Mortgages









Which government agency gives mortgage loans to people who may otherwise have difficulty purchasing a home?


Asked by Anonymous



The government agency that provides mortgage loans to individuals who may have difficulty purchasing a home is the Federal Housing Administration (FHA). The FHA
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Loans



+3









Can I tear down and rebuild my house if a mortgage company still holds a lien on the house?


Asked by Anonymous



Yes, you can tear down and rebuild your house even if a mortgage company holds a lien on it, but you must obtain permission from the lender first. The mortgage
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