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Can one joint owner with right of survivorship pledge their joint property as collateral to obtain a loan from theother joint owner?
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How do you obtain a secured loan?
The person who is loaning the loan has to give collateral in exchange for it with lowest interest rates. Also to get one you have to present proof of your monthly income, and a valuable you can use as collateral.
Do you have to get a mortgage to buy a house?
No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.
Where can one obtain a bad credit home loan with no down payment?
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
Where can one obtain investment property mortgage loans?
One can obtain investment property mortgage loans from many banks. For example, in Canada, the banks that offer investment property mortgage loans include RBC, TD, CIBC, Scotia Bank, BMO, etc.
What responsibility does a cosigner have if the borrower AND the cosigner cannot pay a bail bonds loan?
The creditor can take the matter to court, obtain a judgment lien and take any property either party owns.The creditor can take the matter to court, obtain a judgment lien and take any property either party owns.The creditor can take the matter to court, obtain a judgment lien and take any property either party owns.The creditor can take the matter to court, obtain a judgment lien and take any property either party owns.
What are the pros and cons of collateral loans?
Collateral loans are secured loans. They depend on the ownership of a house or vehicle. Collateral loans can be very quick to obtain. If a borrower defaults on a collateral loan, the lender can take the property or vehicle that had been borrowed against.
How much collateral is normally required to obtain a business loan?
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How do you obtain a secured loan?
The person who is loaning the loan has to give collateral in exchange for it with lowest interest rates. Also to get one you have to present proof of your monthly income, and a valuable you can use as collateral.
Do I have to put up collateral to obtain a small business loan?
Not necessarily. If you have very good credit, and your business has shown growth and potential, then the bank may not require you to put up collateral.
Your reputed husband died but before he hired someone to modify the property deed unknown to you. Can you lose your property which was held with him as JTWROS?
It is unknown what you mean by your "reputed" husband. Either you were legally married or you weren't. The law differs in different jurisdictions. You need to invest in a consultation with an attorney who specializes in property and probate law who can review the title to your property and determine if your husband could sever the tenancy under the laws in your state. In some jurisdictions one joint tenant with the right of survivorship can sever the survivorship of the other by executing a deed either to a third party, or through a straw, eventually receiving the interest back in a tenancy in common. That would sever your survivorship rights and you would only own a half interest in the property. Some jurisdictions prohibit a spouse from conveying their interest in a JTWROS unless their spouse signs their consent. You need to obtain expert legal advice for your particular situation as soon as possible.
You have an unsecured loan on a 4 wheeler can the repo it?
Not immediately or directly. But, the lender can obtain a Conversion of Collateral from the courts and do so.
What is the definition of a secured loan?
It is a loan in which you put up collateral to secure the lending companies money. This way if you do not make the payment they have the right to obtain whatever you put as collateral to make up for the money lost.
How can one obtain a mortgage to buy a property in Bulgaria?
It is not possible to obtain a UK mortgage to purchase a property in Bulgaria. However, it is possible to obtain a mortgage in Bulgaria, by approaching a Bulgarian bank.
If your aunt left you a house but her name and yours are on the deed can you sell the house?
If the property was held as Joint Tenants or Joint Tenants With Rights of Survivorship then the present owner can sell the house without permission from the probate court. The present owner will need to amend the title before a sale is possible. Contact the assessor or land recorder's office in the county where the property is located to obtain specific information.
Should landlords obtain insurance to protect their property?
Yes, landlords should obtain insurance to protect their property. It is always a good idea because it will protect their property and insure that if something happens to it, it will be fixed.
Do you have to get a mortgage to buy a house?
No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.No. If you have the cash to pay for the property you do not need to obtain a mortgage. Mortgages are for people who do not have the cash on hand to buy real property.
Where can one obtain a bad credit home loan with no down payment?
It is not possible for someone with bad credit to obtain a home loan with no down payment. They would need to have a 5% minimum down payment and collateral.
