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uncle hammer sold his packard car
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When do mortgage repossessions occur?
Mortgage repossession occur when you have no money to pay off your mortgage and only happens as a last resort to make up for the payments you can no longer pay off.
Who gets the money to pay off first mortgage at closing?
The funds from the new mortgage are advanced to your solicitor who pays out the current first mortgage.
Is it better to pay off your mortgage or keep it going?
It's better to pay off your mportgage.
What is the cheat to quickly paying off your mortgage?
Sell fish, you get tons of money.
I NEED GRANT MONEY TO PAY MY MORTGAGE OFF.?
i NEED TO APPLY FOR A GRANT
Owe 65 thousand to first mortgage 40 thousand to second mortgage but second mortgage is foreclosing how will first mortgage get there money?
In foreclosure proceedings the 1st mortgage gets their money first. Either the 2nd mortgage will have to buy the 1st mortgage entirely and then sell your house or they will have to hope that whoever buys the mortgage at auction, will bid enough to pay them off.
Is it legal to borrow money to pay off an others mortgage and require them to pay back as a loan?
If you have the means to borrow money, you may spend that money in whatever manner you choose. The important question should be: Is it wise to pay off another persons mortgage? NO. If they cannot pay their mortgage they probably cannot pay you either.
Is it possible to get a mortgage on a second home that includes enough money to pay off the mortgage on the first house?
You could take out a mortgage on a second home to payoff the mortgage on your primary residence if you have sufficient equity. I guess the question would be, why would you want to do that? Generally, you are going to get better terms on a mortgage for an owner occupied residence vs. a 2nd home all else being equal.
If you are getting 100K from a divorce settlement should you pay off your mortgage or invest the money?
Well that depends on your mortgage payment and what you're doing for a living, if you have enough money to keep paying your mortgage without using the money then continue with your path, but if you need the money to pay off your mortgage then do it but you never want to completely pay off your mortgage because of the taxes will destroy you. My blind suggestion is to WISELY invest the money on either a great idea (and not all of it) or something solid because $100,000 dollars isn't much but can be worked with, also speak to a financial adviser but think for yourself P.S. I'm a big fan of commercial real estate or 6 family homes for example
Should you pay off a default loan before or after you apply for a Mortgage?
You should pay off your default loan before because you may not qualify for a mortgage loan because you already owe money.
What are the advantages of paying your house off?
You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.You save a load of money in interest and lower your monthly expenses. You can put the money in the bank instead if you have no mortgage payments.
Why did the mortgage got discharge?
A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.A mortgage gets discharged when it get paid off in full.
