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Which of these instruments makes clear how you want your property to be distributed after you die?
Wiki User
∙ 14y ago
will
Wiki User
∙ 14y ago
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What is cash out on mortgages?
If you refinance a property you own and take out a new loan for more than the balance (plus allowed closing costs) of the previous loan you will receive cash at the closing. That makes a mortgage cash out. or.... if you own a property free and clear and want to take out the equity in your property you can do this by taking out a mortgage loan and the lender will give you the money at closing. When you walk away from closing with usually more that 2% of the mortgage balance as cash to you..that is considered cash-out.
Can you get equity release when you have a mortgage?
Equity release is re-mortgage plan that makes it possible to release equity on a mortgaged property. But, as soon as the equity amount is paid, you have to clear all the outstanding mortgages on your house. There are some equity release providers who deduct the outstanding mortgages from the value of your house to repay the loan.
Why do lenders insist that the property be appraised before they will agree to finance the buyers purchase of the real estate?
The lender must establish the value of the property before it makes a decision on whether to loan money for the purchase and how much it is willing to loan. The property is given as security for the loan. If the mortgagor defaults the lender can take possession of the property and sell it. Therefore it must confirm the condition of the property and its value.
What is mortage?
A mortgage is a document, sometimes referred to as an instrument, which secures a lender's interest in real estate property. Anyone who borrows money to buy property signs a mortgage with the mortgagee. The document legally makes that property collateral which the lender can take back if the mortgagor ever defaults on payments.
Funds or property that have value in meeting debts are called what?
bankrupt The above is not just incorrect entirely, but makes less tha no sense: The funds and property that may be used to meet debts, (of a bankrupt or not) are called "assets".
If the decedant had no will is there still an estate?
If the decedent owned any property at the time of death that property makes up her/his estate. If they had no will the property will be distributed as intestate property according to the laws of intestacy in the decedent's state. Some qualified person must petition the probate court to be appointed the administrator of the estate. Once they have been appointed they will have the power and authority to settle the decedent's estate under the supervision of the court. The decedent's debts must be paid before any property can be distributed to the heirs.
Synonym for makes clear?
A synonym for "makes clear" is clarify.
What are some companies that make instruments?
Mathias Thoma makes string instruments
What is 'love instruments' when translated from English to French?
Aime les instruments, Aimez les instruments and instruments d'amour are French equivalents of the English phrase "love instruments." Context makes clear whether "(You) Love instruments!" (case 1), "(You all) Love instruments!" (example 2) or "instruments of love" (instance 3) suits. The respective pronunciations will be "em ley-zeh-stryoo-maw," "eh-mey le-zeh-stryoo-maw" and "eh-stryoo-maw da-moor" in French.
What it makes clear to Aunt Georgina?
the passage makes it clear that aunt georgiana
What makes music sound christmassy?
the instruments
What makes the sound in wind instruments?
The Hole
Who inherits a Catholic priest's property?
If the priest was a member of a religious order, such as the Franciscans, who take a vow of poverty so own nothing themselves, what few things they might have - clothing, books, rosary, etc. will go to the order when they pass on. A diocesan priest makes no such vow and his property is distributed as specified in his will.
What makes musical sounds?
All Musical Instruments do.
What is the difference of music and instruments?
Instruments are objects that are used to make music. Every instrument makes a different sound.
What instruments are played in coronation street?
ITV exclusively announces that the instruments used arent actually instruments. they're the noises a duck makes when it's consipated
Who distributes currency?
It is distributed first to the banks by the Mint that makes the money and then the population does it.
