Is tithing an acceptable monthly expense when being considered for mortgage loan modification?
Any payments you must make from Gross Income to keep the property running are expenses. Although a mortgage is usually also called a Liability Expense, it is still an expense to run the property.
Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.
organizational
A corporate advance on a mortgage is a payment for a service related expense that is owed by the borrower. These expenses may include such things as foreclosure expenses, attorney fees, and bankruptcy fees.
If you wish to refinance a mortgage, your best deal can often be with your existing mortgage holder or your personal bank. Costs can range from low ($200) to high (thousands of dollars). However, many mortgage companies will allow you to roll any costs into the refinanced loan amount, resulting in no out-of-pocket expense.
yes. along with repairs to the property.
No. fraud, in the legal sense, is to deliberately mislead in order to benefit at another's expense.
The mortgage is not included in the Common Area Maintenance. Common Area Maintenance (CAM) expense is considered the expense for taxes, insurance and maintenance and operation of the Common Areas of a property including but not limited to, shared utilities, community lighting, parking lot repairs, landscaping, etc. A mortgage is not considered an operations expense. Leases will usually specify what constitutes CAM charges reimbursable by the tenant (lessee) to the owner (lessor).
Any payments you must make from Gross Income to keep the property running are expenses. Although a mortgage is usually also called a Liability Expense, it is still an expense to run the property.
PMI is not a deductible expense.
it is considered as a deferred expense.
When you pay back a loan or mortgage, part of each payment is interest, the rest is principal. For the interest part you would have Interest Expense, for the principal part something like Mortgage Expense.
Common stocks are indeed considered an expense. However, if the company from which the stock is issued is not profitable, it could be considered a liability.
Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.Yes. If you signed the documents then the mortgage is valid. However, you should notify the attorney who represented you at the closing that your name is misspelled. A corrective deed and mortgage should be recorded at the attorney's expense to clear your title. You should do that ASAP.
insurance
No
no