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Can someone file a lien on real property that has no mortgage that is an asset of an irrevocable trust?
You can, but only if the lien is from a debt that is owed by the trust itself. If the debt is against the person who created the trust or against the person who is the beneficiary of the trust, then you cannot. The trust is considered a legal entity separate and apart from the individuals involved. The fact that it is a trust, as opposed to a person or business entity, does not prevent it from being liable for its debts.
What else can I help you with?
Is my house considered an asset even if I have a mortgage on it?
Yes, your house is considered an asset even if you have a mortgage on it. The value of the house minus the amount owed on the mortgage is the equity you have in the property, which is an asset.
Is mortgage payable an asset?
A mortgage is an asset to the mortgagee (lender).
Is a mortgage considered a liquid asset?
No, a mortgage is not considered a liquid asset. It is a liability, as it represents money owed to a lender for a property purchase. Liquid assets are typically cash or assets that can be easily converted into cash.
When was Anworth Mortgage Asset Corporation created?
Anworth Mortgage Asset Corporation was created in 1998.
How can someone get a loan from a broker?
Mortgage loans are available from brokers with information related to the property, the person's credit score and history, their down payment, their overall asset-to-debt ratio, and similar financial factors.
What is the symbol for Anworth Mortgage Asset Corporation in the NYSE?
The symbol for Anworth Mortgage Asset Corporation in the NYSE is: ANH.
Is a house with a mortgage considered an asset?
Yes, a house with a mortgage is considered an asset because it has value and can be sold for a profit.
Does equity means asset?
Not exactly; equity means the monetary value of property beyond any debt owed on it. For instance, if you own a house whose mortgage is for $500,000 and you've paid $100,000 to principal on the mortgage, then your equity in the house is $100,000. An asset is any item (real property, stocks, bonds, inventories, etc.) whose ownership can be converted to cash. A house, as above, is an asset, but so is stock in AT&T, etc.
What is the amount that you should have to qualify to keep an investment property?
IF you have an investment property the property is yours as long as you own it or can keep up the mortgage payments on it. It would also become a asset that may be ceased if you were made bankrupt.
What is the symbol for Western Asset Mortgage Capital Corporation in the NYSE?
The symbol for Western Asset Mortgage Capital Corporation in the NYSE is: WMC.
In what year did Western Asset Mortgage Capital Corporation - WMC - have its IPO?
Western Asset Mortgage Capital Corporation (WMC)had its IPO in 2012.
Whose financial asset is the life estate the remainder or the life tenant?
Generally:The life estate is an asset of the life tenant.The property is an asset of the remainder.Generally:The life estate is an asset of the life tenant.The property is an asset of the remainder.Generally:The life estate is an asset of the life tenant.The property is an asset of the remainder.Generally:The life estate is an asset of the life tenant.The property is an asset of the remainder.
