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Of course! You'd want to write up a legal contract/lease first.
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∙ 12y ago
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How do you add your child as joint tenant to your home loan?
How do you add your child as joint tenant to your home loan
What is the current APR on an Aussie home loan?
The apr on an aussie home loan on average is 6.99-7.00% depending on the time owned and quality of the home you would like to rent
Mention some examples of non performing assets?
bank loan , home rent
Are rent to own homes a good way to purchase a home?
If you're not able to qualify for a traditional loan. Purchasing a home on rent to own may be a good option.
What happen if a parent dies and they gave the house to there child and took a loan on there home for repairs what happen to the balance of the loan?
the child continue to pay the loan of her his parents
What if a child 16 years old is forced to pay rent to live at home what are the laws to protect the child?
i live i Norway the rules it that the parents have to raise the child until the age of 18 and no child have to be forced to pay rent to live at home Child labor laws. Get a job Kid.
Can you get a home equity loan on your rental property?
If you are renting the property from someone else and do not own it, no, because a home equity loan is like a mortgage. The lender has a lien on the property if you default on the loan. If you are the owner of a property and rent it out, yes you should be able to get a loan with the property as security.
Why do many factors relating to qualifying for a home loan apply when deciding whether or not to rent?
It is a hint for people looking to rent that buying is always the better option.
How does renting differ from owning your home?
When you rent a home you don't own it. Any tax deduction for interest paid or for improving the house goes to the owner not a renter. Yet, when you rent you don't have a loan for owning the house.
Do you have to live in a house to get a home equity loan?
It depends on the bank. However, if you rent it out, you will need a current lease and perhaps proof that rent is being paid, like cancelled checks.
If you buy a house do you have to pay rent?
If you purchase a home you have to pay a mortgage which is a repayment of a loan you used to purchase the house. Paying rent is when you sighed a leasing agreement for an apartment you are renting.
What is a contract that let you rent someone else's possessions?
loan
