Once all documents have been signed, you should have a cheque from your solicitor within a week. (UK).
if you have our executors you will never get your money
There is a period during which creditors can make a claim. It varies in different jurisdictions. The simplest way for you to get an answer is to call the solicitor and ask her when you can expect to receive a check.
The mortgage company gets the money.
The balance of your home equity line (if it is a lien on the home you are selling) will be deducted from the money you receive at the closing of the sale and paid to the bank holding the note. That clears the loan for you and removes the lien on the house for your buyer.
Not on your nellie!
if you have our executors you will never get your money
There is a period during which creditors can make a claim. It varies in different jurisdictions. The simplest way for you to get an answer is to call the solicitor and ask her when you can expect to receive a check.
Money from buyer - money left to pay - costs related to the sale = your share. If selling the house don't raise enough money, you may still owe some after the sale.
Yes
The money that you receive in this case is just like a sale because that is what it is. You will receive a reporting form on this money paid to you and the IRS will get a copy as well. You will need to report this sale on your income tax return and pay taxes on the profit.
no
The mortgage company gets the money.
The balance of your home equity line (if it is a lien on the home you are selling) will be deducted from the money you receive at the closing of the sale and paid to the bank holding the note. That clears the loan for you and removes the lien on the house for your buyer.
The House of Fraser has a long lasting summer sale. They usually open up early in the summer, around the beginning of June, and the sale lasts for most of the summer.
SALE? Sale is the amount of money received by a firm by delivery of Goods/product.it is known as sale
Then you still owe money to the bank.
Not on your nellie!