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Do most people own or rent in China?
Most people have their own house in China. They think it is a symbol of family. And to buy a house is the duty of man. Remember that the meaning of owning a house in China is a 70 years lease.
Can a person who has filed for bankruptcy be a co signer on a lease?
That would be unlikely since a co-signer guarantees the loan will be repaid if the primary borrower defaults. A bankruptcy would indicate the proposed co-signer has no money, owes a large debt and cannot pay their own way.That would be unlikely since a co-signer guarantees the loan will be repaid if the primary borrower defaults. A bankruptcy would indicate the proposed co-signer has no money, owes a large debt and cannot pay their own way.That would be unlikely since a co-signer guarantees the loan will be repaid if the primary borrower defaults. A bankruptcy would indicate the proposed co-signer has no money, owes a large debt and cannot pay their own way.That would be unlikely since a co-signer guarantees the loan will be repaid if the primary borrower defaults. A bankruptcy would indicate the proposed co-signer has no money, owes a large debt and cannot pay their own way.
Does China own Taiwan?
It is in fact true that China does own many US military assets and marketing assets. The US is also in debt to China. The reason this hasen't taken effect yet because China hasen't asked for payment yet.
Where is it illegal for women to own a house?
choices: Pakistan, Saudi Arabia, China, Kenya
Are you responsible for your dead spouses credit card debt if you own a house together?
Your dead spouse's estate is responsible for the credit card debt. In practice, this may amount to "you are responsible for it."
Your ex-husband and you jointly own a home which he lives in He can't refinance and I don't want to be held responsible for the loan if he defaults How can you get your name off the loan?
3 words: Sell the house.
Why is accounting differenciating between assets and equity?
Equity is the proportion of those assets you own, compared to the debt on those assets. An example would be a house. A house is an asset. The equity is the amount of the mortgage that is paid off plus any appreciation the value of the house. Same with a company. Its the difference between what you own and the debt or liabilities. Assets minus liabilities equals equity. You have equity in assets.
If you have huge unpaid credit card balances and own a house with someone else but they do not know about the debt will this affect them in any way?
If the debt collection agency chooses to sue and place a lien on the home then yes it would effect the house if it is ever sold or refinanced.
Alabama - If spouse is being sued for his own credit card debt and you own a house together would it be a good idea to do a quitclaim deed for you?
yesget the quick claim deed
Can a home inspector place a lien on a house you do not own?
If the persons living on the property are the ones who owe for the inspection but are not the owners, no. The person owed does however, have other options for collecting the debt. No. If you owe the debt the home inspector cannot place a lien on property you don't own.
What is the diffrece between the primary borrower and the co signer?
The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.The primary borrower and the co-signer are equally responsible for paying the loan. if the primary defaults, both their credit records will be ruined and the lender will go after the co-signer for payment. The difference is that the primary is generally the owner of the property and the co-signer is agreeing to pay a debt for property they do not own.
What are the disadvantages of cosigning on a mortgage?
If the primary borrower defaults the cosigner can get "stuck" with a huge debt and ruined credit. A cosigner has the same legal obligation to repay a loan as does the primary borrower. In addition, a cosigner does not have property owner rights, only the debt. The real question is why would anyone agree to pay a mortgage for land they do not own. A co-signer has an equal obligation to pay the mortgage.
