Of course not. A loan is not a payment, but rather an entrusting of another person with your property (or money), expecting it to be returned. Rent is simply a payment in exchange for possession of something for some defined period, and it will not be returned. Similarly, a security deposit for renting property is not a loan and is not rent: it remains the property of the tenant, but is held by the landlord until the tenancy is discharged.
Buying an apartment complex is one thing; charging rent is another. No one can force a landlord to allocate any rent received to go toward the loan payment for the complex owner.
I want to know the same thing.
If you mean for the same judgment, YES. Two judgments for the same defaulted loan, NO.
There is absolutely no difference between the two phrases; they both mean the same thing.
The best type of loan would be an investment property loan.
Yes, I can because there are many companies or banks which can help me to give a loan to pay my rent dues and when I will gave my income then I will pay my loan easily.
Please let me know what you find out....we are wondering the same thing with a mortgage loan we have with them at 10%.... Please let me know what you find out....we are wondering the same thing with a mortgage loan we have with them at 10%....
yes it's part boarding a horse where 2 or more people rent the same horse for less money.
If your schooling is paid for you do not qualify for a loan. When you apply for a student loan income is reported and tax records are asked for as part of the loan process. Get a job if you need to pay the rent and consider yourself lucky you don't have to get a loan. A loan is not "free" money and you have to pay it back when you graduate or drop out of school.
Sure, you can rent textbooks.
It's entirely possible, but since not all libraries are the same, you'll have to go to your local library to find out. If your library does not loan DS games, there are sites on the internet you can go on to rent games.
No, they are not the same. The Applicant is the person applying for the loan. In the case of a Business Partner or being married in Community-Of-Property, the other person involved will be the co-signer
It will depend on the conditions of your loan provider.
Same thing happen to me. You have to retun the vehicle or find a loan from another company.
No, a house is considered a secured loan. When you apply for credit it will be either a secured or an unsecured loan.
When you rent out a mortgaged property, you may have to sign over an Assignment of Rent agreement to the lender. By doing so, you authorize the lender to collect rent on your behalf if you default on the mortgage.The Assignment of Rent provides an additional security to the lender in case you default on the loan. The lender will use the Assignment of Rent only when you default on the loan. Through this agreement, he will be able to collect rent payments on your behalf till the end of the lease period and recover the unpaid loan balance. Any extra cash collected by the lender will be returned to you. Once the debt is fully paid off, the assignment of rent will become null and void.
In the broadest sense possible? Yes. In reality on any beach that you rent a surfboard from? No.
Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.Monthly rent is payment for using someone else's property.A mortgage payment is payment for a loan you obtained to purchase real property that you own.
I was wondering the same thing. My father was the loan guarantor of my daughter's college loan, and he passed away a couple of years ago. Letters are still being mailed to an address where he never lived.
If you are already running a loan, then you can take a loan from another bank not from the same bank. If still you want a loan from same bank, then you can get on your parents name.
Details are that we found a house for 119,000. My husband is available for a VA loan and we are contemplating whether it is a wise investment for two people about to go to college. We are both 22, and the thing is we are contemplating taking the loan, buying the house. My father who is a trustworthy person on payments wants to rent it and the rent would be automatically paid for the loan payment and he would do the repairs to the house that need to be done free of charge, he has been a repairmen for 30+ years. Is this a smart decision? We could use other opinions who might have more experience in this.
No, you can not stop being a guarantor to an agreement while the terms of that agreement are in force. Thus if you are a guarantor for rent and the person your are guaranteeing fails to pay the rent - YOU must pay the rent.If you a guarantor to a loan and the person with the loan defaults, YOU must pay off the loan.This is what it means to be a guarantor - you can not get out of the agreement when things begin to go wrong.Think VERY carefully before being a guarantor to ANYTHING.
The homonym of loan is lone. It sounds the same.
The last thing you want to do is take on a mortgage you may not be able to pay. If your finances aren't in the place that you feel comfortable committing to a major debt for fifteen to thirty years, don't do it. Also, if your credit isn't good enough for a good interest rate you'll want to wait until you can get a better loan. There are generally three situations when you should rent over buying: you aren't planning on staying in your home long, you have great rent (a lot of people with subsidized rent or rent control actually make out well with renting), or you don't qualify for a good loan (or any loan). In most cases, it's better to build equity if at all possible. Ihave a sister that live in l.Nebraska