The median household income in the United States is $46,326.
When you break this down by 12 months, it wind up to $3,860/month
Answer: That's the average monthly salary, not the monthly mortgage payment! If you paid out your entire salary in a mortgage payment, you'd have nothing left for other expenses, like utilities and food.
To find your mortgage survey, you can request a copy from your mortgage lender or contact the surveyor who conducted the survey. You can also check with your county or local land records office as they may have a copy on file.
An environmental quality survey is a method used to assess and evaluate the condition of an environment in terms of air, water, soil, and biodiversity. It typically involves gathering data on pollution levels, ecological health, and other indicators to determine the overall quality of the environment. The results of such surveys can help inform decision-making processes aimed at enhancing environmental protection and sustainability.
A Deed in Lieu Foreclosure can impact Social Security benefits if the forgiven debt is reported as income, potentially increasing the recipient's income and affecting benefit eligibility. It is important to consult with a tax professional to understand the implications on Social Security benefits.
In Kansas, the redemption period after a tax sale is typically 3 years for agricultural land and 2 years for other types of property. This allows the property owner the opportunity to reclaim the property by paying the delinquent taxes, interest, and penalties within that time frame.
Several states have statutory rights of redemption after foreclosure, including Alabama, Connecticut, Delaware, Iowa, Minnesota, Mississippi, Missouri, Tennessee, and Wisconsin. These states allow homeowners a period of time after foreclosure to buy back their property by paying the outstanding mortgage debt.
Yes, deficiency judgments are allowed in Minnesota after foreclosure. Lenders can pursue borrowers for the remaining loan balance if the proceeds from the foreclosure sale are not sufficient to cover the debt owed. However, there are limitations on when and how deficiency judgments can be pursued.
In Florida, a judgment is a court ruling that confirms a debt owed by a party. A foreclosure sale date is set when a property owner fails to repay a mortgage, and the lender seeks to sell the property to recover the debt. This process allows the lender to auction the property to the highest bidder in order to satisfy the outstanding mortgage debt.
In California, after a foreclosure sale, the new owner can typically initiate eviction proceedings to have the occupants vacate the property. The exact timeline can vary depending on the specific circumstances and any legal actions taken by the former homeowner. However, occupants are usually given a notice to vacate the property before being forcibly removed.
The cost of a full structural survey can vary depending on the size, location, and complexity of the property. On average, the cost can range from $500 to $1500. It's important to get quotes from different surveyors and ensure they are qualified and regulated by a professional body.
Europe currently has the lowest birth rate among all continents. Several European countries are experiencing declining birth rates and aging populations, which can have implications for future economic and social trends.
The country with the lowest birth rate in the world is Monaco, with a birth rate of around 6 births per 1,000 people. This low birth rate is due to factors such as limited space, high cost of living, and an aging population.
Yes, an emancipated minor may be able to own a house because they have the legal status of an adult. However, they may face challenges such as obtaining a mortgage or entering into contracts due to their age. It is essential for them to seek legal advice and support to navigate the complexities of homeownership as a minor.
A survey is not always necessary when buying a home, but it can be beneficial. A survey can help identify property boundaries, easements, and potential encroachments, providing clarity and preventing future disputes. It's recommended to consider a survey, especially for larger or rural properties.
The Fair Housing Act of 1968 outlawed redlining, a discriminatory practice of refusing mortgages or insurance based on location. This law aimed to make it illegal to deny housing opportunities to individuals based on race, color, religion, sex, or national origin.
Some of the cheapest places to live in the world include countries like India, Indonesia, Vietnam, and Mexico. Within these countries, rural areas or smaller cities tend to have lower costs of living compared to major urban centers. Factors such as housing, food, transportation, and healthcare costs should be taken into consideration when determining affordability.
The company decided to rescind the job offer after discovering discrepancies in the candidate's resume.
In Michigan, the legal age to sign mortgage documents is 18 years old. Minors are not legally able to enter into a mortgage contract on their own. Any individual under the age of 18 would need a legal guardian or parent to co-sign the mortgage with them.
Yes, Georgia is a non-recourse debt state. This means that in the case of a foreclosure, the lender cannot pursue the borrower for any deficiency balance remaining after the sale of the property.
In California, after a house is foreclosed, the occupants generally have to vacate the property within three days, as per the state law. It's important to check with a legal professional to understand the specific eviction procedures and timelines in your situation.
CBW in a survey may stand for "Cannot Be Wrong," indicating that the respondent must select an answer rather than leaving it blank or choosing multiple options. This helps ensure that each question gets a specific response.
Stepchildren generally do not have automatic rights to inheritance from a stepparent unless named in a will or through specific legal arrangements, as laws vary by jurisdiction. If the stepmother passed away without a will, the laws of intestate succession would determine the distribution of assets, which could include the stepchildren depending on the laws of the state. Consulting with a probate attorney is recommended to understand the specific legal rights in this scenario.
The average closing rate for a telemarketer typically ranges from 2-5%. This means that for every 100 calls made, 2-5 of them result in a successful sale or conversion. Closing rates can vary based on factors such as the quality of leads, product/service being offered, and the skills of the telemarketer.
Yes, a purchase and sale agreement can be enforced against the seller through legal means. If the seller fails to fulfill their obligations under the agreement, the buyer can seek remedies such as specific performance (forcing the seller to complete the sale) or monetary damages. It is important to review the terms of the agreement and consult with a legal professional if issues arise.
A term that refers to a place of worship and teaching is "temple" or "mosque" depending on the specific religious context.