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Can you get a home equity line of credit to buy a home?
No. You must apply for a purchase money mortgage if you do not already own any home. If you already own a property and have enough equity in that property, you can take a home equity loan on that property and use those proceeds to purchase another property.No. You must apply for a purchase money mortgage if you do not already own any home. If you already own a property and have enough equity in that property, you can take a home equity loan on that property and use those proceeds to purchase another property.No. You must apply for a purchase money mortgage if you do not already own any home. If you already own a property and have enough equity in that property, you can take a home equity loan on that property and use those proceeds to purchase another property.No. You must apply for a purchase money mortgage if you do not already own any home. If you already own a property and have enough equity in that property, you can take a home equity loan on that property and use those proceeds to purchase another property.
Who inherits a Catholic priest's property?
If the priest was a member of a religious order, such as the Franciscans, who take a vow of poverty so own nothing themselves, what few things they might have - clothing, books, rosary, etc. will go to the order when they pass on. A diocesan priest makes no such vow and his property is distributed as specified in his will.
Can you own a home if you don't own the property?
Yes, you can own a home without owning the property through various arrangements like leasehold agreements or cooperative housing. In a leasehold, you own the home but lease the land from a landlord for a specified period. In cooperative housing, you own shares in a corporation that owns the property, granting you the right to live in a unit. These options allow individuals to have a home without direct ownership of the underlying land.
Did Pope Benedict XVI own a church?
Neither a pope, cardinal, bishop or priest owns a Church. They are the property of the Catholic Church.
Can a nursing home resident own property?
yes and no...it depends on the type of home the resident is placed in..
Do you have to list your mobile home as an asset on rental application if the mobile home is personal property?
Yes. It is an asset. An asset includes personnel property you own.
Can you get a home equity loan on a property you don't own?
No. You are not required to reside at the home that you draw your equity from but you must own it, which means you must be on the title.
What is the name of the home the Church provides to a priest?
The priest's home is a rectory.
Are you obligated to rebuild if your home is destroyed or can you replace it by simply moving to another already built home?
Rented home or your own property that is a question in context.If you have broken a rented apartment you have to take care that it is rebuild again.If your own property the decision remains with you.
Can a person own a drive way and not allow another person access to their home?
Yes, a person can own a driveway and restrict access to their home. Property owners have the right to control access to their private property, including driveways.
When should you get home insurance?
Whenever you own a home. * Homeowner's insurance is mandatory while the property is being financed, and always the best option when property is owned outright.
Can a person build house on heir property without permission?
If a person builds a home on land that they don't own, the home will become the property of the person who owns the land.
