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I am not aware of any legal limit on currency you can store in a residence; just don't try to operate any sort of bank (even for private membership only) out of a residence. Note that there are regulations about carrying over a certain amount of currency on you / in you luggage when crossing international borders (you may be queried as part of customs processing).

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Q: Legally is there a limit to how much money you can have in your possession or home?
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Can you sell a mobile home before it goes to foreclosure and do you have to give that money to the mortgage co?

Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.


If your deceased father had a home equity loan are the heirs now responsible for paying it off?

The heirs are not legally responsible for paying the loan. However, if they want to keep the property the loan must be paid or the lender will take possession of the property by foreclosure.


What the daily limit for a single individual for a money gram?

As an individual, you can perform transfers in amounts up to $899.99 for each one and there is a rolling thirty day aggregate limit of $3,000. Payments for a mortgage on your home or automobile loan payments have a limit of up to $2,500 per a Transfer and the same 30 day aggregate limit applies.


Can a loan company place a lien on a cosigner's home?

They cant legally "threaten" to do do anything that they cant legally do, so the answer is YES, they can attach your home.


Is there a limit on your income when trying to qualify as a first time home buyer?

No, there is no limit on how much money you make when it comes to the first time homebuyer program. However, the program only grants 10% of the purchase price of the house up to $8,000.00.

Related questions

How much money legally have at home?

The amount of money you can legally have at home varies by country, but generally there is no limit on the amount of money you can keep at home. However, carrying or keeping very large amounts of cash may raise suspicions of money laundering or tax evasion. It is always recommended to keep your money in a secure location such as a bank account.


Are you allowed to keep a lot of money at home?

You can keep a lot of money at home if you want to. As long as you have legally earned money, you do not have to keep it in a bank. It may be safer in a bank but you can keep it in your home.


Can you legally wash peoples cars to raise money at home?

Yes, of course but they have to know about it


You are legally divorced but still jointly own the maritial home where your spouse resides can you legally move back in?

The complicated answer is yes. My sister and her husband were in that same situation. The hook is that who ever is in current possession of the home (i.e. who ever is currently living there) must first agree to allow the second party to move in.


Is it illegal to keep money at home?

Actually, yes there are limits to the amount of cash you can have in your car or at home without an explanation as to why you have this money. If you are planning on having more then $5000 in your home, you had better be able to trace the route you came into possession of it. There are no limits to the amount you can keep at home in the UK.


How much money can a parent give to a child if the parent is past 80 and possibly going to nursing home in the future?

There is no limit on the amount of money that your parent can give you. You want to do this before they go to the nursing home because the home will take all of their money.


Can you sell a mobile home before it goes to foreclosure and do you have to give that money to the mortgage co?

Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.Of course you have to give the money to the mortgage company. You own the mobile home subject to the loan you got to pay for it. An intelligent buyer will make certain the loan is paid or they will take possession of the property subject to your lien.


Can you drive a vehicle home legally if purchased in another state?

if you bought the car legally. If you stole it, then you definitely wouldn't, but either way, you bought the car with your money. You have the right to drive it wherever you want.


Can parents legally take money away from a 17 year old especially If the child earned it?

10. In Michigan, a minor child (under 18 years of age) is legally defined as a possession of a parent(s). A minor child (a “possession”) cannot own possessions; therefore, any gift to the minor child, something a minor bought with personal money, or wages earned by the minor child are legally the possessions of the parent. A 17 year old who has left home against the parents’ wishes and refuses to return home has no legal right to any possessions in the parent’s home. 11. Parents control whether a minor child has a driver’s license until the age of 18 years. A parent can at any time revoke a minor child’s driving privileges. The parent will need to write a letter to the Secretary of State which indicates the minor child no longer has the parent’s permission to have a driver’s license. Here is the link this cam from http://www.barrycounty.org/YSB/MILaw.pdf


Do you have to pay for a home if you are on the deed?

If your name was added to property after the property was mortgaged then you are not legally responsible for paying the mortgage and a foreclosure of the mortgage will not affect your credit. However, if the mortgage isn't paid the lender will take possession of the property by a foreclosure process.


What a married woman's most prized possession?

her home


How to preserve privacy at home?

The best way to preserve privacy in your own home is to limit who has access to your home. You should also limit who hears your conversation in your home.