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What else can I help you with?
Where can you obtain a survey of your property?
You can obtain a survey of your property from a licensed surveyor or a local government office that handles property records.
What are the requirements for obtaining a collateral loan?
To obtain a collateral loan, you typically need to provide an asset such as a car, home, or valuable item as security for the loan. Lenders will assess the value of the collateral and your creditworthiness to determine the loan amount and terms.
How do you obtain a secured loan?
The person who is loaning the loan has to give collateral in exchange for it with lowest interest rates. Also to get one you have to present proof of your monthly income, and a valuable you can use as collateral.
Can you explain how collateral works for a loan?
Collateral for a loan is an asset that a borrower pledges to a lender as security for the loan. If the borrower fails to repay the loan, the lender can seize the collateral to recoup their losses. This reduces the lender's risk, making it easier for the borrower to obtain the loan.
Where can I obtain a copy of a property survey?
You can obtain a copy of a property survey from the local county assessor's office, a land surveyor, or the title company that handled the property transaction.
What are the pros and cons of collateral loans?
Collateral loans are secured loans. They depend on the ownership of a house or vehicle. Collateral loans can be very quick to obtain. If a borrower defaults on a collateral loan, the lender can take the property or vehicle that had been borrowed against.
How much collateral is normally required to obtain a business loan?
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Where can you obtain a survey of your property?
You can obtain a survey of your property from a licensed surveyor or a local government office that handles property records.
What are the requirements for obtaining a collateral loan?
To obtain a collateral loan, you typically need to provide an asset such as a car, home, or valuable item as security for the loan. Lenders will assess the value of the collateral and your creditworthiness to determine the loan amount and terms.
How do you obtain a secured loan?
The person who is loaning the loan has to give collateral in exchange for it with lowest interest rates. Also to get one you have to present proof of your monthly income, and a valuable you can use as collateral.
Do I have to put up collateral to obtain a small business loan?
Not necessarily. If you have very good credit, and your business has shown growth and potential, then the bank may not require you to put up collateral.
Can you explain how collateral works for a loan?
Collateral for a loan is an asset that a borrower pledges to a lender as security for the loan. If the borrower fails to repay the loan, the lender can seize the collateral to recoup their losses. This reduces the lender's risk, making it easier for the borrower to obtain the loan.
Your reputed husband died but before he hired someone to modify the property deed unknown to you. Can you lose your property which was held with him as JTWROS?
It is unknown what you mean by your "reputed" husband. Either you were legally married or you weren't. The law differs in different jurisdictions. You need to invest in a consultation with an attorney who specializes in property and probate law who can review the title to your property and determine if your husband could sever the tenancy under the laws in your state. In some jurisdictions one joint tenant with the right of survivorship can sever the survivorship of the other by executing a deed either to a third party, or through a straw, eventually receiving the interest back in a tenancy in common. That would sever your survivorship rights and you would only own a half interest in the property. Some jurisdictions prohibit a spouse from conveying their interest in a JTWROS unless their spouse signs their consent. You need to obtain expert legal advice for your particular situation as soon as possible.
You have an unsecured loan on a 4 wheeler can the repo it?
Not immediately or directly. But, the lender can obtain a Conversion of Collateral from the courts and do so.
What is the definition of a secured loan?
It is a loan in which you put up collateral to secure the lending companies money. This way if you do not make the payment they have the right to obtain whatever you put as collateral to make up for the money lost.
Where can I obtain a copy of a property survey?
You can obtain a copy of a property survey from the local county assessor's office, a land surveyor, or the title company that handled the property transaction.
Where can I obtain a copy of my property survey?
You can obtain a copy of your property survey from the local county assessor's office or the land records office.
