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What else can I help you with?
What to do if your name is the thrid name on a time share deed that was foreclosed on?
All three owners are equally responsible for paying the mortgage and the foreclosure will affect all owners equally. You can avoid foreclosure by paying the mortgage.
What will happen if you stop paying on a timeshare that has a mortgage?
Failure to pay the mortgage on a time share property will result in the lending institution seeking a foreclosure on the timeshare; the lender will then own the timeshare and be able to sell it on to someone else.
What is an example of mortgage direct mail?
A good example of a mortgage direct mail is when someone wants to close a sale on a house or building at the right time that is most beneficial to them.
What is right to cure in real estate?
The right to cure is a written clause in a contract or lease that permits one party to rectify a default that most likely will terminate the agreement or cause financial loss or loss of other rights. The right to cure is usually on a time limit offering a window of opportunity to the holder of the right to fix the default.
Who refinances mortgages for interest only?
One will refinance a mortgage for interest only if one decides it is the right time to do so. It is the loan taker who decides whether it is the right time or not.
What is the right to cure law?
check it out! http://janus.state.me.us/legis/statutes/9-A/title9-Asec5-110.html There are different laws in different states. The ones I am familiar with send the right to cure letter the first time the payment is 45 days late. It states that you may continue the contract if you make up the delinquent payments within 20 days. If you do not make these payments, the car can be repossessed on the 21st day. If you do make the payments and reinstate the contract, the car may be repossessed anytime you are in default - and that means even one day late - without giving you any additional notice.
What is the interest rate on a Gmac mortgage loan right now?
The interest rate of a Gmac mortgage loan is very variable. Based on the amount of time to pay it, the interest rate and total payout will increase with additional time.
Can a home be foreclosed on when the mortgage is in a different name from What is on the deed?
Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.Yes, if the person whose name is on the mortgage owned the property at the time they signed the mortgage. If they subsequently transferred the property, it was transferred subject to the mortgage.If the person who signed the mortgage did not own the property at the time, the mortgage is not enforceable.
How high are mortgage fees right now?
The mortgage fees right now are quite low due to the economy. An all time low on many loan types, like the fixed rates loans. If you are looking at a fixed rate mortgage you can find alot of loans for less than 4.5% which is low.
When is mortgage refinancing not a good idea?
Mortgage refinancing is not a good idea when you have had your mortgage for a long period of time.
What are some good time share sites to look into getting one?
Websites like Trip Advisor is a good time share site to look into getting one. The best thing to do before deciding is to do research on the time share and be sure it is the right one for you.
What is the difference between a lease purchase house and a mortgage?
When you take out a mortgage, you are purchasing the house right then and there. A lease purchase is when you begin by renting out the house, but are also given the option to purchase it within a given period of time.
