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What else can I help you with?
Can I tear down a house with a mortgage on it?
No, you cannot tear down a house with a mortgage on it without permission from the lender.
Can you tear down and rebuild a house with a mortgage?
Yes, it is possible to tear down and rebuild a house with a mortgage. This process is known as a construction loan, where the mortgage is used to finance the construction of the new home.
What are the qualifications for getting a mortgage on a house?
Good credit and some money to put down is really helpful. Think about having 20% of the price of the house on hand to put down. If you don't, then you will probably have a 1st and 2nd mortgage right off the bat (you can refinance later into one big mortgage).
Don't Buy Until You Have a 25% Down Payment?
When you are interested in buying a new house, if you are like most people, you will need to take out a mortgage. What people may not be aware of is that with a conventional mortgage if you don't put down at least 20% of the cost of the house, you will have to pay for expensive mortgage insurance. To avoid paying this insurance, you should not consider buying a house until you are sure you can come up with at least a 25% down payment. Not only will you avoid mortgage insurance, but, you'll probably get a better deal on the mortgage.
Why should a person choose adjustable rate mortgage when buying a house?
One who chooses adjustable rate mortgage when buying a house considers the salary changes, the interest up or down and other factors.
Can I tear down a house with a mortgage on it?
No, you cannot tear down a house with a mortgage on it without permission from the lender.
Can you tear down and rebuild a house with a mortgage?
Yes, it is possible to tear down and rebuild a house with a mortgage. This process is known as a construction loan, where the mortgage is used to finance the construction of the new home.
You got divorced and left the ex stay in the house with your name still on the mortgage she abandoned the house and quit paying the mortgage can you legally move back into the house?
if the mortgage is in your name then keep paying it off. if the mortgage is in both names of you and your ex then contact the finantial institution for advise so you dont have trouble later down the track with your ex claiming half when the house is paid off.
Can you buy a house and not want insurance?
Yes. If you pay cash for your house then you do not have to buy insurance. The only time you have to buy insurance on a house is if you take out a mortgage, the lender will probably require you to have insurance. That is in case the place burns down, it protects the banks collateral.
When does Sykes leave the house?
when it burns down
Can I tear down and rebuild my house if a mortgage company still holds a lien on the house?
Yes, you can tear down and rebuild your house even if a mortgage company holds a lien on it, but you must obtain permission from the lender first. The mortgage agreement typically includes clauses that restrict significant alterations to the property. It's essential to communicate your plans with the mortgage company to ensure compliance and avoid potential legal issues. Additionally, you may need to consider how the rebuild will affect your mortgage terms.
How can a house burn up when it burns down?
it cant
What might if your house burns down?
you will be unlucky write that in...
Does a house burn up or down?
A house burns up (heat rises) but they say it burns down. A figure of speech.
What might you do if your house burns down?
You might rebuild or buy a new house
What happens if house burns down?
Well it burns, and then falls down. So people stop living in said house become orphans catch rare diseases and die.
What is the word when someone burns down a house on purpose?
Arson
