I have read the contract and it says that the mortgage is secured against the foreign property (however it is unsecured). Does this mean that the mortgage company has no right to my UK property?
I think this will vary locally, depending on the market – specifically, whether the town in question experienced a new-build buy-to-let boom. One city which recently saw developers endlessly throw-up ghastly new apartment complexes for ‘young professionals’ was Manchester. Hence, there is now an over-supply in Manchester and rents are relatively low for a city of its size and importance.
Our mortgage company gave us until January 10 to pay a certain amount of money. They said if its not paid by that date they will accelerate the loan. What exactly does that mean?
I had a hard time getting a mortgage because my better half’s credit was not so good so they had to base everything on me. The only type of loan we good get was a loan they called a balloon mortgage. It is fixed for 5 years at 7.25 and we were told we would be able to refinance after a couple of years. What happens if we don’t refinance. Will my monthly payment go alot higher.
What does it mean when someone voluntarily forfeits their mortgage? I need to know how this happens? What the benefits are? What are the disadvanatges? The person was going into foreclosure so is this a better option? If so why?
I live in MN, Saint Paul, in st paul house prices are low but does that mean that mortgage and interest rates are low as well? or are they high?
That council tax will also drop in cost?
I was reviewing the local sheriff real estate sale results and noticed that several houses were bought by mortgage companies. Don’t they want to get rid of these houses? Why are they buying them?
I’m a little confuse why having more expensive houses is good, or is it bad?, lol i don’t know.
I am not an Australian
I got a letter today from a Countrywide loan representative saying that basically they are transitioning my mortgage (I don’t know if they are doing this for all their mortgages) to B of A. My mortgage began about 5 years ago and it wasn’t subprime. It’s also an 80/15 loan. What does this mean for me eventually? Will I be logging on to a different web site to pay my mortgage?
I have little understanding of real estate…I am a first time buyer and plan to see a financial advisor…but do you know how it works? If house prices plummet is that a good thing for people like me?
I started an online boutique store to sell items I make as well as drop shipping for other boutiques…. I am filling out my tax/use tax form and it asks if I am registering for sales tax. Then the definition is:
Register for Sales Tax if you:
-Sell tangible personal property to the end user from a Michigan location (wholesalers do not need to register).
Would I say yes or no to this for an online store?
On a property tax card, there are several abbreviations with the amount of value on one’s home and property. What do they mean?
I’m about to move into my 1st place but i was thinking, if i wait will the drop in house prices mean rent will drop? If i wait until xmas too then people might be desperate to rent out, what do you think?
