Home Equity and Refinancing

Bank of America inherited HLS in Pittsburgh through its acquisition of Merrill Lynch which itself acquired HLS as part of its acquisition of First Franklin Corp

You need to consult with an attorney who can review your situation and explain your rights and options.

You need to consult with an attorney who can review your situation and explain your rights and options.

You need to consult with an attorney who can review your situation and explain your rights and options.

You need to consult with an attorney who can review your situation and explain your rights and options.

Probably never. Some people are nomadic as a matter of personality and preference, and it would be improper to force such people into a "home" as we think of it.

Approximately half of all marriages end in divorce, so positive family values are at best, Batting .500. There must be tens of millions of children of divorced parents in the US, maybe I"m not a mathematician, 34 million kids or families affected, but there is a weird silent response from the culture and particularily the Church men involved. Churchmen used to blast divorce from the pulpit, and managed to censor even otherwise harmless movies if they ( Introduced the subject matter of divorce) I once heard a church brother exclaim that every juvenile suicide he ever heard or read about came from a ( Brroken Home!) Kids were encouraged to shun children of divorced families as though they were in plain English undesirable. the teachers, it is odd would censor or punish anything like racial slurs on the playground, but verbally assailing the kid from the Broken Homes- they looked the other way. it was tragedy compounded by a mixture of indifference and ignorance.

Depends on size. A group home is probably not in one small enough to be considered single family.

I dont think a bank would finance ANYone that didnt have a house , its hard to make the mortgage when your homeless

I've asked myself this as well depending on how daring you are and what you're comfortable doing.

If you are happy to get done by police then y all means do something ilegal as for me who does'nt but I am happy to do anything dangerous or eat anything so stunts like aeting slugs by the fistfull or leaches on the face if you are happy to do damage to you're body but not get in trouble with the law then try something extreme style (physical) like riding obscure vehicles down ramps or doing strange stunts.

so by considering you're bounderies and you're comfortability do what you can bearing in mind that stunts people want are things considered wrong or strange and abnormal, the more parallel to the world we live in now the better.

mayby for some eating or physical stunts which involve harming yourself sieriously try to brace your body for it I hope this helped bye.

(if people listened to the bit that says don't do this at home there would be no jackass same goes for circus and extreme magicians)

oops I'll leave this answer here I searched answering jackass stunts to do at home sorry

Yes, deposit as much as you want, but in the current market, I advise you to keep it modest.

The best bait would be a worm or my chose a lure dogfish are more of a predictor so anything that moves or the usuall worm

depends where you're moving.

Authorized gov't to seize and operate tie up industries and aloso mand any strike against a government operated industry a criminal offense.

Your insurance agent will advise you of the bare minimum insurance you absolutely need, but you can be sure "liability" will be part of it, yes.

Every lender has different requirements, but the standard is 80% of your total home value. A $100k home may have up to $80k in loans against it. Some lenders will go to 90% or in some rare cases 100%. There are usually rate or fee premiums for higher percentages.

One doesn't have to borrow money to buy something he already owns.

However, if there is more than one beneficiary inheriting a single property, things can get more complicated.

Example:

Let "A" represent one person and "B" represent another

Suppose A and B equally inherit a house that they agree is worth $100, and A wants to buy B out. A only needs to pay B $50 for his share of the house.

A has no cash, so B agrees to accept A's half of the house as "down payment" on the whole. So A now owes B $100 and begins to make payments.

If sometime before the loan is payed, A defaults, dies, or whatever, then B becomes sole owner of the whole house.

Suppose instead that B really wants cash, so A goes to a bank to ask for $50, and suppose the bank also agrees the house is worth $100. The bank wants collateral, and it requires A to put up the half of the house he already owns.

So now the bank is in the same position as B above.

What happens is there is more than two people? What happens if the bank thinks the house is only worth $90, but B disagrees? It gets... complicated.

Absolutely nothing. You don't have to buy another home in order to sell one you have now. It is completely your choice whether you rent one, live in an apartment, or even live with family or friends. And if you choose to be homeless, then that's your right, too.

It may add some value to your home, but probably not as much as it would cost to remodel and have one put in.

A second lender (junior lienor) must be paid off if the property is being sold.

A second lender (junior lienor) must be paid off if the property is being sold.

A second lender (junior lienor) must be paid off if the property is being sold.

A second lender (junior lienor) must be paid off if the property is being sold.

You can check with local bankers but that is unlikely. A mortgage is a security interest a property owner grants to a bank. If the mortgage isn't paid the bank can take possession of the property by foreclosure. If you don't own the property you cannot grant an interest to a bank.

You can check with local bankers but that is unlikely. A mortgage is a security interest a property owner grants to a bank. If the mortgage isn't paid the bank can take possession of the property by foreclosure. If you don't own the property you cannot grant an interest to a bank.

You can check with local bankers but that is unlikely. A mortgage is a security interest a property owner grants to a bank. If the mortgage isn't paid the bank can take possession of the property by foreclosure. If you don't own the property you cannot grant an interest to a bank.

You can check with local bankers but that is unlikely. A mortgage is a security interest a property owner grants to a bank. If the mortgage isn't paid the bank can take possession of the property by foreclosure. If you don't own the property you cannot grant an interest to a bank.

Yes. Interest accrual methods will depend heavily on the specific loan type. Different revolving accounts may be calculated differently, as will different fixed loan types.

Most commonly, a non-revolving loan may be "simple interest" where interest is calculated daily based on the principle loan balance, or may be "amortized" where a set amount of interest is charged each month based on calculations made when the loan was granted. Lenders may also use a slightly different calculations due to the days-in-year their system charges interest on (365/360 etc).

A revolving credit account interest rate may be compounded (commonly used for credit cards) where you pay interest in the total account balance daily (so you effectively pay interest daily on interest you accrued the day before), simple interest (interest charged daily on the principal loan balance), or one of several other more obscure interest calculation methods.

There are some loan types, both fixed and variable that require payments less than the amount required to satisfy interest due. These "negative amortization" loans charge interest on unpaid principal and interest while adding the unpaid interest to the loan balance. These loans became notorious as a major factor in the mortgage and housing market collapse that became widespread in 2007.

NEED IT BOUGHT TO PURCHASE A MODULAR HOME IN ITS PLACE.SIX YEARS OWING ON FIRST HOME. WANT A McKENNA MODULAR FROM PBS HOMES

Responsibilty and ownership rights in the home is different from rights and responsibilities for the loan. Anyone who signed the loan note is responsible for the monetary debt.

Yes, you must be the owner of the property. If you only rent the premises you cannot get an equity line of credit. There can be a mortgage, but you must have some equity. In other words, it must be worth more than you owe on it.

No. A multi-family dwelling is comprised of multiple units in the same building intended to be occupied by separate family units. Someone who owned a unit comprised of 6 rented apartments would own a multi-family dwelling.

The example you gave would still be an SFR (single family residence)