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Why would a bank hold a property for 5 years and not try to sell it?
Wiki User
∙ 14y ago
The market may be bad for getting a good offer to purchase. There may be problems with the property. You would need to ask the bank.
Wiki User
∙ 14y ago
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Bank gives you a loan but you still have the grant deed who owns it?
If your property is collateral for the bank's loan there is almost a 100% probablility that, whether you hold the deed or not, they have filed a lien against the property to protect their interests
What do you do when you have no money left in the bank in monopoly?
That would depend on whether you were a fiscal conservative or liberal--If you are a liberal, you begin printing money or levy taxes. If you are a conservative, you pay your debts in the form of property that you hold. You could, for instance, agree that each community chest card is worth $500 or pay with deeds to property that the bank holds.
Can a bank hold a 401k check?
The fact that it is a 401k check is irrelevant in determining a hold. It depends on your account history, the bank the check is drawn upon (same bank as yours or another bank; local bank or non-local bank), and whether the bank feels it would have other reasons to hold the check as permitted by government regulations.
Can a minor hold the lien on real-estate property?
In most cases, a minor cannot hold a lien on real estate property because they lack the legal capacity to enter into a binding contract. However, a guardian or parent may be able to hold the lien on behalf of the minor until they reach the age of majority.
Is North Carolina a lien theory or title theory state?
Title theory, bank will hold the title to property as long as their is a mortgage
Can you get a bank loan on a property willed to you to pay for deceased funeral?
Yes, you can get a bank loan on a property willed to you to pay for a deceased person's funeral expenses. The property can serve as collateral for the loan, but you would need to meet the bank's loan requirements and undergo the necessary approval process. It's important to consider the terms of the loan and your ability to repay it before proceeding.
Can somebody go after your joint bank account in Maryland to collect a debt from just one person?
Yes. A joint bank account is an equal property of all the parties involved in the joint account. So if one of the parties who jointly hold an account owes a debt to the bank, the bank can lay claim to the cash he/she has in an account they jointly hold with another person.
If you bank with Bank A and file bankruptcy and have credit cards with Bank A should you move to a different bank?
It would depend on the banks policy. Some banks will freeze all accounts you hold with them, whether the have credit facilities or not, e.g. Savings accounts you hold for your children.
Where would be a good place to go to find out about Cork property?
A good place to go to find out about Cork property would be the local city chamber of commerce who hold property records or to a Realtor in that area.
How does one hold a bank account?
To "Hold" a bank account is the same as having or owning a bank account. If one has a savings account, they hold that account.
The Bank of the United States would hold....?
Government funds and make debt payments.
What does it mean to hold the note on real estate?
A note on property is just simply being owed money on a property in private financing. If a family member finances a home for you with their own money. You are making payments to that family member, they would hold the note and should be on the deed to the property.
