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Buying your house in cash is a great idea if you can afford it. Most people cannot. Another way would be to rent-to-buy or to talk with the community about other options

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13y ago

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Where can I find information on mortgage debt relief?

Mortgage debt relief is an incredibly hot topic the world over. Generally, one should look into a credit repair type company for assistance in any type of debt relief, including a mortgage debt.


What is an antonym of mortgage?

There is no antonym of mortgage. The opposite of owning a property that is encumbered by a mortgage is owning a property that is free of any debt.


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Where can a person go to get tips on dealing with college loan debt?

A person looking to get tips on how to get rid of college student loan debt can got to a website like forbes or any other sites. These sites will give you tips and help you get out of debt.


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Debt when applying for a mortgage includes any money you owe, such as credit card balances, student loans, car loans, and other outstanding debts that require regular payments. Lenders consider your total debt when determining your ability to repay a mortgage.


If a debt collector puts a lien on your house does that mean your mortgage co forecloses your house?

It does not follow. The lien of the debt collector comes after the mortgage loan. Which means that the debt collector still may not be able to collect any money.


When applying for a mortgage, what types of debt are taken into consideration?

When applying for a mortgage, lenders typically consider various types of debt such as credit card debt, student loans, car loans, and any other outstanding loans or financial obligations that could affect your ability to make mortgage payments.


Is California a non recourse debt state?

California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.


What are the responsibilities and obligations of a mortgage consumer debt holder?

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What is the difference between a mortgage and debt, and how do they impact personal finances differently?

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