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You are about to short sale your house because of the real estate market on top of that your wife is pregnant - so she has had to stop working and you are about to let your car be repossessed?
Wiki User
∙ 15y ago
dont let your car get repoe'd, call the financer speak to them, if you have to do a short sale on your house, sometimes renting is the best way, for now with this economy the repo will go on your credit report too...remember there always a solution to any problem, be optimistic, times are tough, believe me i know...just dont give up, use every resource there is out there, good luck and god bless
Wiki User
∙ 15y ago
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What does foreclosed real estate mean?
Foreclosed real estate is a property which may or may not include a domicile that was repossessed by a bank or other lender organization because the original leinholder went into default either directly with the bank or to a third party (i.e. the state)
Can you refinance a car loan after the car has been totaled and repossessed to get lower payments?
NO. You no longer have collateral to secure the loan. Unless you are willing to use real estate or another vehicle that is fully paid off and owned for security.
In real estate what does qualified fee mean?
A fee simple qualified estate is a fee simple estate that is subject to limitations by the grantor. There is some condition or special limitation attached to it that may cause it to revert to the grantor.A conveyance to Charles as long as he maintains the property as a working farm. When the working farm is no longer feasible the property would revert to the grantor.A conveyance of undeveloped land owned by a church that restricts it from being used to build an establishment that serves liquor.A conveyance for a nominal sum to a town for a tract that can only be used for a public park.
What happens if you consigned for real estate and the person declares bankruptcy?
You need to consult a nearby personal bankruptcy attorney that has experience in working with creditor's privileges.
If life insurance is considered part of an estate is that money used for medical bills and debt?
Life insurance is not considered part of an estate and is not available to pay the decedent's bills and debts. Even if there is no money whatsoever to pay bills, the insurance is not part of the estate. The only exception would be if there were no existing named beneficiaries or if the policy is payable to the estate. But even there, keep in mind that it isn't the "insurance" money that is now available to pay the debts. It is "estate" money, because the proceeds were payable to the estate. The Federal government will include life insurance proceeds as part of the gross estate for federal estate tax purposes, but that does not mean they are actually part of the estate.
Can my deceased father's car get repossessed?
If there is debt and the estate isn't paying for it, yes. The estate should make arrangements to resolve the issue. If they don't pay the loan, it can be repossessed.
Can a car be repossessed if the owner dies before the first payment is due?
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
If you die and your car is repossessed can they go after your estate?
The estate has to resolve all debts. That would include paying off any claims against it.
What does foreclosed real estate mean?
Foreclosed real estate is a property which may or may not include a domicile that was repossessed by a bank or other lender organization because the original leinholder went into default either directly with the bank or to a third party (i.e. the state)
How did Diana get such a imagination?
she did because her parents were always bussy working for the big county estate at Althorp in Newhampsher
How many estate agent in Poland?
HOW MANY ESTATE AGENTS ARE WORKING IN POLAND
What happens if a repossessed vehicle is from a deceased person?
Cannot imagine that the process would be different than if the person was alive. The estate would be responsible for remaining loan amounts.
What do you call a person working at an estate agent?
real estste agent
How old was Donald Trump when he began working in real estate?
17
What is the work schedule for real estate?
One of the advantages of working in real estate is that you set your own schedule but you only get paid if you produce.
Can the Grantor change the Deed of Trust?
No, the Grantor cannot unilaterally change the Deed of Trust once it has been signed and executed. Any changes would require the consent of all parties involved, including the beneficiary and trustee named in the deed.
Can a person be a Real estate Broker and an Agent working for themselves?
Yes, a person can be a real estate broker and agent working for themselves. By acting as both, the real estate broker and agent, the fees for other corporations, agents, and commissions, are eliminating, providing more profit for the owner.
