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Home Equity and Refinancing
Home equity is the ownership value accumulated in a property. A refi involves restructuring a debt, usually to take advantage of lower interest rates.
5,740 Questions
What is the Tax Credit Survey when applying for a Job?
tax credit survey when applying a job is to credited the tax before the gross income of the pay check.
Where can you find the best rates for mortgage?
Mortgage rates can change as quickly as the stock market, so generally it more of a when than where. Some companies with lower overhead, like mortgage brokers, can offer lower rates than your typical banks, but you have to shop around to find you best deal.
A great place to start it so search online for sites that show current mortgage rates, like www.currentmortgageratez.com.
Who is responsible for the home repairs when in a reverse mortgage?
The home owner is responsible for repairs to the property. Depending on the amount available under the reverse mortgage, funds from the reverse loan may be available to make those repairs.
Customer Equity, the Percentage of Equity of the Buyer in the Assets of the Supplier. Edit Talk 0 10PAGES ON
THIS WIKI
Customer Equity or Customer's Equity, CE, - Consumer Equity or Client Equity (also Buyer's Equity) -, is the percentage of equity of the buyer in the assets of the seller/supplier.
Customers shopping
In free market the Seller (producer/supplier/business), in general, defines a higher price for the Buyer (customer, consumer, client) to pay for the seller's products and/or services, bearing in mind the cost of various business tools/means (facility, equipment etc) the seller needs to operate, apart from consumables, which finally become its assets.
That is to say if the seller/supplier were provided with the tools/means to operate (building facility, machinery, furniture/equipment etc) by the customers, it should charge them less for the acquisition of goods/services, permanently (purchase) or temporarily (lease, rent, use only), and all such assets -ownership equity - theoretically, should belong to the buyers/customers and shared between them
Is a 30 year fixed loan home collateral?
Not sure what the question is. If you take out a mortgage loan on a home. the Promissory Note is used to show the debt (the promise to repay) and a mortgage lien is placed on the home to show that the home is collateral for the Note if the promise to repay isn't kept.
Does that answer the question?
IFRS means International Financial Reporting Standard Equity means Equity
IFRS Equity means Equity computed on the basis of IFRS
For more info I can suggest you to visit these website:
http://www.ifrslist.com/ (is a free community about IFRS. I suggest you to join it)
http://www.ifrslist.com/tag/equity/
Regards
Can I sell the home with my husband's name on the title but not on the mortgage?
What that means is you both own the house, but only you are responsible for repaying the debt.
All the owners of real estate must sign the deed in order to transfer ownership. You cannot transfer your husband's interest. He must sign the deed and he will receive half of the net proceeds unless you make a different agreement in writing.
Would it be easy to pay 3000 on a loft if you earn around 60000 a year?
Not if you plan on eating or having any fun or even having a car. I assume this 60k is gross meaning....take about 30% out for taxes and medicare and all that fun stuff. That leaves you with 42K net per year--divide that by 12 months and you have yourself a whopping 3500 left. Now pay your loft per month of 3,000. Wow you have 500 dollars left for ALL other expenses. Dont do it. You will end up losing it to foreclosure.
Communication-disadvantages in one-way communication?
You cannot respond back, so if you have a question about what the media is telling you, you cannot find out, (unless you find out another way, e.g. Google )
Can you answer the question posed.? I'm confused as to what you want me to do.
What are the credit appraisal technique?
When a financial institution is looking to extend credit, they need to conduct an appraisal of the borrowers credit. The technique that is used varies from institution to institution but follows the same principals. The debt to income ration is examined and the repayment source and probability are also examined.
What was the purpose in the Foraker Act?
The Purpose of it was to end military rule and set up civil government in Puerto Rico.
It also gave the president of the United States the power to appoint Puerto Rico's governor and members of the upper What_was_the_purpose_of_the_foraker_actof it's legislature. Puerto Ricans could elect only the members of the legislature's lower house.
a portion of the purchase price that is paid as a condition of getting a loan. In other words, it is the first payment in installment buying.
47.000
What happens to what? Your debts are still owed, including the mortgage(s). If you are not in foreclosure and are current in your payments, nothing will happen to your home. You will start getting sued (or getting hauled into court to collect on existing judgments) and eventually will get attachments on your home and/or on your wages if garnishment is allowed in your state for consumer debts.
You may be able to refile, maybe after some period of time. Ask your bankruptcy lawyer or get one.
Does bankruptcy clear second mortgage loans?
Second mortgages can be discharged only in a Chapter 13 and only if there is no equity in the real estate for the loan to attach to.
What is the normal balance of owners equity?
This account increases with a debit entry, decreases with a credit entry and maintains a normal debit balance.
Who is the CFO for Litton Loan Servicing?
Elizabeth Folk was the last known CFO prior to acquisition by Ocwen Financial in June 2011.... don't know if that has changed
Should 94 year old in Home with no assets file bankruptcy on credit card debt?
Assuming you mean a nursing home, probably not. The main concern is that the lenders will sue as the statute of limitations on collection actions approaches, and the debtor will eventually have to go to court to explain why s/he cannot pay. Warrants may issue for his/her arrest if s/he fails to appear.
If the debtor is competent s/he should at least notify the creditors of the situation, which may prevent these problems. If the debtor is not competent, someone, preferably with a power of attorney or guardianship, should notify the creditors, certified mail, return receipt, of the debtor's situation, with a contact person/number to verify the information.
That may prompt the lenders to forgive the debt and issue a 1099 form showing the forgiven amount as income for that year. There is a form available on the IRS website to counter that with proof of indigency that can be filed with the 1099.
