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Buyer's remorse.
Seriously, if the car is returned within three days (as is permissible in some states), it is a simple annulment of the contract. If the three days grace period has passed, this would be a voluntary repossession, or lease laydown (depending on the specifics of the contract).
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∙ 14y ago
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What is domestic purchasing?
domestic purchasing takes place when a buyer from a foreign market purchases the product and exports it back itself
What happens after a foreclosure?
Foreclosure is the legal process whereby a mortgage company takes your home back from you and sells it to recoup the money they loaned to you. if you intend not to foreclose it better file bankruptcy from the experts
What happens when a co signer dies and you stop paying on car loan?
bank takes back
If you have PMI and your mortgage company accepts a shot sale does the PMI cover the difference?
I am working on one now where the buyer did not have PMI, however, the lender purchased PMI. Subsequently, the buyer has defaulted on the loan and has listed the property as a short sale. We secured an excellent offer which was submitted to the lender. The lender came back and said the deal was accepted by the investors but needed be sent to the PMI company for approval. This is the first time in the four month process that we found out there was PMI on the loan. The PMI company wanted the seller to sign a Promissory Note for the difference. The seller refused to sign it and the PMI company has trashed the sale because of it. We are now offering a Deed In Lieu Of Foreclosre so the investors can keep the buyer. Does the PMI company have to approve the Deed In Lieu? I wonder what the PMI company has to gain by forcing a foreclosure if the seller will not sign a Promissory Note to them? The sad part is that the offer is excellent, the property is vacant and will continue to decline in value as the landscaping dies and as it becomes vulnerable to vandalism and general neglect.
Can you get a car back after it has been repossessed and sold?
The only way to get it back would be if it were up for sale and you bought it. Once it's legally sold, it becomes the property of the new buyer.
How do I change ownerhip on a car?
sign off on the title then the buyer takes it to dmv so a new one will be issued If you are seller be sure to fill out the release of liability on back of Title, in case the new owners fail to transfer it to themselves. You will be liable for anything that happens. If you are buyer, take signed title to DMV and have money with you
What is domestic purchasing?
domestic purchasing takes place when a buyer from a foreign market purchases the product and exports it back itself
If paid cash for car and dealer wants it back what happens?
Unless the buyer agrees to return the car, then nothing (...obviously??!).
What happens after a foreclosure?
Foreclosure is the legal process whereby a mortgage company takes your home back from you and sells it to recoup the money they loaned to you. if you intend not to foreclose it better file bankruptcy from the experts
How long does a repo company have to take your car?
As long as it takes to get it back.
The role of a fashion buyer?
A Fashion Buyer is someone who determines what clothing and accessories (most buyers have a specific area that they work in i.e. women's wear buyer, accessories buyer, etc. etc.) will be available in a store for consumers. Buyers will attend fashion and trade shows to possibly make purchases of items they see at such shows or to observe trends and report those trends back to the company. They usually work for department stores or small boutiques. The buyer has a pivitol role in a company's consumer success.
Should you give money back when you sell a vehicle if it breaks down after you sell it?
Legally speaking, you're not required to. The buyer takes the car as is. If you were as honest as you could be about the car's condition when the buyer was making his decision, then probably not; it's just the chance you take. A lot will depend on the nature of the transaction and your relationship with the buyer.
What is annuities related to the insurance company?
Annuities are purchased from insurance companies. The insurance company take the money and invests it to try to make more money for the investor. They pay the buyer back in installments.
What does the company 'Consignment Furniture Emporium' do?
"Consignment Furniture Emporium" help sellers and offers buyers bargains. The company buys used furniture directly from the seller and transports it back to the company premises to renovate, then the item is available for a buyer to purchase.
What happens when a co signer dies and you stop paying on car loan?
bank takes back
Is relax investment a real investment company?
it is a fake company for it only takes money but is not paying back . i tried with only 50$ and they did not pay back. so please be careful to invest in this company.thank you
Do you have to pay for something you did not order?
You do not have to pay for it if you send it back immediately. You cannot keep or consume the item and then refuse to pay for it. This does not apply to the UK. If you have received an item that you had nothing to do with(did not ask for and did not pay for) then this is classed as the fault of the seller and this means the buyer can consume/keep/use without needing to pay for it. The seller will be stealing from any buyer if the seller takes any money from the buyer in these circumstances.
