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Equity lender never recorded a deed of trust Do you have to pay back anything?
Wiki User
∙ 14y ago
Yes
Wiki User
∙ 8y ago
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Did Maria Callas ever perform Schubert's Ave Maria?
It is possible, but unlikely she ever sang it. She never recorded it. In fact she never recorded anything in German, or anything that wasn't from opera.
Is there a time frame in order to qualify for a home equity line of credit?
No. A borrower may qualify for a home equity line of credit whenever a lender is willing to use the borrower's home equity as collateral. Technically, this may occur at any point in time when the home has available equity.Therefore, "time frame" does not determine qualification; instead, a time frame may be created as a result of other criteria, e.g.: the time it takes for the home to appreciate in value; a lender's willingness to lend money; or, the credit-worthiness of the borrower.Since equity is typically created when a home's monetary value exceeds the value of its mortgage or other claims, if any, it is possible for a homeowner to qualify at the time of purchase. Likewise, it is possible that equity is never created, and the homeowner never qualifies.
I have not paid on my home loan in 20 years. The lender has never sent any notice. Do I have to pay it back or is there a time limit on the lender requesting the money?
The answer depends on the following:Did you sign a mortgage? If so, was it recorded? If not, does the lender have a signed original?What is the statute of limitations for a mortgage in your state? In Massachusetts it is 35 years.If the lender has no proof of the loan then they may be out of luck. We need more details.If it was a private loan and you never made any payments you may have placed the lender in an uncomfortable position of not wanting to have to demand payment from you. They may be asking now because the statute of limitations is coming up. If that is the case, you must pay up.The answer depends on the following:Did you sign a mortgage? If so, was it recorded? If not, does the lender have a signed original?What is the statute of limitations for a mortgage in your state? In Massachusetts it is 35 years.If the lender has no proof of the loan then they may be out of luck. We need more details.If it was a private loan and you never made any payments you may have placed the lender in an uncomfortable position of not wanting to have to demand payment from you. They may be asking now because the statute of limitations is coming up. If that is the case, you must pay up.The answer depends on the following:Did you sign a mortgage? If so, was it recorded? If not, does the lender have a signed original?What is the statute of limitations for a mortgage in your state? In Massachusetts it is 35 years.If the lender has no proof of the loan then they may be out of luck. We need more details.If it was a private loan and you never made any payments you may have placed the lender in an uncomfortable position of not wanting to have to demand payment from you. They may be asking now because the statute of limitations is coming up. If that is the case, you must pay up.The answer depends on the following:Did you sign a mortgage? If so, was it recorded? If not, does the lender have a signed original?What is the statute of limitations for a mortgage in your state? In Massachusetts it is 35 years.If the lender has no proof of the loan then they may be out of luck. We need more details.If it was a private loan and you never made any payments you may have placed the lender in an uncomfortable position of not wanting to have to demand payment from you. They may be asking now because the statute of limitations is coming up. If that is the case, you must pay up.
What are the release dates for The Real McCoys - 1957 Never a Lender Be 5-23?
The Real McCoys - 1957 Never a Lender Be 5-23 was released on: USA: 29 March 1962
When was never say never the song recorded?
Never say Never was recorded in 2010 and got out in 2011 and a lot of people like it!!!
Did Elvis Presley compose his own music?
It is my understanding that Elvis never composed anything that he recorded. (not true) Elvis compose «Love me Tender»
Can a co signer removed their name from a contract if they have no cause to do so and the borrower did not miss a payment for 17 months?
No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.No. The loan is owned by the lender. The co-signer never has any authority to remove their name from the loan. They need to discuss that matter with the lender.
If you have a boat that was listed in a bankruptcy that the lender never repossessed what can you do with it 10 years later?
Nothing unless you receive a clear title of ownership from the lender.
If a debt is not reaffirmed by a creditor is the debt discharged in a bankruptcy?
The creditor is the lender. The bankrupt is the debtor. The lender never has to re-affirm he wants to get paid back.
If you stopped paying your car loan but the lender never repossessed the vehicle what can you do with it?
If You Have A Clear Title On Them, About Anything You Want. If They Have A Lien On The Titles, It Will Have To Be Removed By Payment Of Loan. Otherwise Contact The Loan Company And Have Them Tell You How To Deal With This In Writing. Be Sure You Get Written Information Before You Do Anything If They Show A Lien.
Has Justin Bieber's voice broken when he recorded never say never?
it has never happened
What happens if you default on your reverse mortgage?
Its hard to default on a reverse mortgage because there are no payments due, so to default you have to move out of the home or rent it out, or not keep the property maintenance, taxes or insurance up. There is no default for the mortgage balance exceeding the home value. as a result there is typically no default for a reverse mortgage. However, if there is a negative equity position the borrower is still guaranteed to never make a payment as long as they live in the home. once they move or pass away the home can then be turned over to the lender who takes the loss on the loan if there is any, or if there is equity the home can be given to heirs who keep the equity in the home by selling it or refinancing it. (they will have 6 months from the borrowers passing to get this done) There is never recourse against the borrowers heirs for negative equity or loan defaults, nor is there recourse against the borrowers other assets.
