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Yes, absolutely. The bank is allowed to have assets. So, in many cases they own the real estate in which their branches are situated. In addition, the majority of real estate loans given by banks are secured by notes/ deeds of trust on the property in which the loan is applied for. If the borrower defaults on the terms of the loan, the bank has the right to step in and foreclose on the loan. In this case the bank would then become the owner of the real estate.
What else can I help you with?
What if one spouse is 70 and the other spouse is 45 can a reverse mortgage still be done?
No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.No, not if both own the real estate. There are age limits for reverse mortgages. You need to consult with a local bank for some details about reverse mortgages.
Why do real estate companies need their own attorneys?
Real estate companies have their own attorneys for completing real estate transactions. At real estate closings, both parties are required to have an attorney present.
What real estate company does ed smart own?
Smart & Company Real Estate
Do I need a real estate license to buy my own house?
No, you do not need a real estate license to buy your own house.
Is mortgage better than a loan?
A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.A mortgage is a loan secured by your real estate. If you own real property you can borrow more with a mortgage.
Where is the buy real estate in stick RPG?
Its in the bank
Do most people own or rent in Australia?
In Australia, the preference is generally to own real estate, but quite often this is only possible by taking out a large mortgage with a bank or similar. This of course is a type of rental because an "owner" is "renting" the capital needed to make the real estate purchase.
Where is Kansas real estate located?
Kansas real estate is located in the US state of Kansas. There is a page on Yahoo for Kansas real estate and the Kansas Real Estate Commission has its own website as well.
How do you set up your own real estate website?
A real estate agent can purchase a domain and create their own website or they could purchase a website from a company who specializes in selling real estate websites for people who would like to own their website.
Can I act as my own real estate agent when purchasing a property?
Yes, you can act as your own real estate agent when purchasing a property, but it is recommended to have a good understanding of the real estate process and laws to ensure a successful transaction.
Can I act as my own real estate agent?
Yes, you can act as your own real estate agent, but it may be challenging as real estate transactions involve complex legal and financial processes. It is recommended to seek guidance from a professional real estate agent to ensure a smooth and successful transaction.
How old do you have to be to purchase real estate in Pennsylvania?
You must be 18 to own real property on your own.
