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It is possible in some cases but must be done with the bank's approval. The bank would require you to sign an assumption agreement.
It is possible in some cases but must be done with the bank's approval. The bank would require you to sign an assumption agreement.
It is possible in some cases but must be done with the bank's approval. The bank would require you to sign an assumption agreement.
It is possible in some cases but must be done with the bank's approval. The bank would require you to sign an assumption agreement.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoIt is possible in some cases but must be done with the bank's approval. The bank would require you to sign an assumption agreement.
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How can a company take over another?
buying it
How do you call a merger in which one firm buys another which does not want to be taken over?
Hostile take over!
What is take-over in business?
In business, a takeover is the purchase of one company (the target) by another.
What is another word for expropriated?
seize, take away, take over, take, appropriate, take possession of, requisition, commandeer, claim, acquire, sequestrate, confiscate; Law distrain.
What are some examples of take-over in business?
In business, a takeover is the purchase of one company (the target) by another.
What is a person called when they can take over another persons body if that person is sleeping?
Over take
Do you need credit to take over a persons mortgage?
Yes. You would need to be approved by the bank and it would check your credit record.
Did gmac mortgage take over wmc mortgage?
GMAC mortgage is no longer in business
If Mortgage note is in one persons name and the deed to property is in another can mortgage company foreclose and take both house and land?
Yes. ==Clarification== The mortgage company can only foreclose if the OWNER of the real estate signed the mortgage. If someone other than the owner signed the mortgage the bank has no interest in the property and therefore cannot foreclose.
What is a mortgage company for?
A mortgage servicing company is a company that services the daily maintenance of a mortgage loan. In many cases, after a loan is taken out, and even if that loan is eventually sold to another bank or financial institution, the day-to-day operations is often handed over to another company. In taking this responsibility, the mortgage servicing company gets to take a small percentage of the interest payment, perhaps half a percent.
What is dirty dew?
It's when you take a sock from another persons foot, put it over a Mt. Dew can and drink the whole thing, if you can't do , it or you barf, you loose.
What happens when a co-signer on mortgage dies would the estate for the co-signer have to pay off the mortgage?
if your on the title be prepared to take over the payments.
Your name is on a quit claim deed but the mortgage is in another person name can the bank take your house?
Whoever granted the mortgage to the bank must have owned the property at that time. If they later conveyed the property to a new owner they breached their mortgage agreement with the bank and the new owner took the property subject to the mortgage. The bank can take possession of the property if the mortgage isn't paid.
how can one obtain a mortgage loan that has no cost to the lender?
When you take out a mortgage you are agreeing to payback over time a certain percentage above and beyond the initial sum stipulated in the Mortgage. There is no fee that the lender has to pay as they are the ones setting up the mortgage with you and you alone.
What happens to the joint mortgage holder of a take over mortgage if the original mortgage holder pays the loan?
The joint person is still responsible until the loan is paid off or refinanced out of the person's joint name.
What does expropriated mean?
to take away a persons ownership or to take something away from another person for your own use
Is it illegal to have someone take over you mortgage payments in Kentucky?
No it's not illegal to take over someone Mortgage Payments. But some people wont do it because they are scared of the Due Or Sale clause which menas that banks can demand payment in full when they find out a transfer in ownership been made. As long as you have the deed transfered over and the owners gave you FULL authority to take over mortgage, and all paper work is filled out signed by both parties there shouldn't be a problem.
