When is our first mortgage payment due? |
| We are moving in around february 7. Are we going to pay the month of march or april.... |
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We moved out of our apt and got a $900 bill for carpet replacement!!? |
| In the bill it said carpet replaced due to pet odors. Well we have 1 freakin cat, not a kennel! And the carpets did not smell at all. And if they did, why would you not get them professionally ... |
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Is it legal for a landlord to evict you if he recived your payment but lost it and is now kicking U out w/3day |
| My friend needs help. She sent in her payment,they recived it and lost it before cashing it. Now he is evicting them and only giving them 3 days to do so. Is there anything she can do? Or anyone she ... |
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Best place to live in the USA? |
i am looking for a place in the America that has good weather. Something Sunny and wham like 65 and 80 most of the year.
with low tax's and good jobs and homes in the pries rang $75,000-$130... |
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What do I have to know and have when buying a used home with zero down? |
| My husband and I are looking forward buying our first house. We are teachers and know that there is a program offered by some banks for first time buyers and/or teachers. Do we need a realtor that ... |
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Am I financially liable for a rental laptop that was stolen? |
| I have leased (rent to own) a laptop from Aarons rent to own and it was stolen yesterday.Before I go and talk to the people at Aarons Id like to know where I stand and if I will still be responsible ... |
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How can i find out the owner of a house? |
| is there a web site that i can get the name of the owner of an address that i ... |
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Who is the best mortgage refinance company? |
| We are looking to combine our first and second mortgage on our home. current first approx. $80,000 current second approx $60,000 house value @ $165,000 would also like to have a little cusion in the ... |
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Illegal Rent raise question? |
| I got a notice today saying my lease expired 09/30/08.If I would like to renew I need to respond by 11/12/08 to avoid a $100.00 balance.The following rent prices showed a $15.00 increase.Is this ... |
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South Florida Home Loan. First time buyer? |
I live in west palm beach florida, im 23 years old, i have good credit, and im looking to buy my first home. What banks would make a good fit for me? im looking to finance about 150k Additional ... |
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Help...my dad is selling the house in NYC. Now I have to move out and look for a place.? |
| I have about $100,000 in savings. Where do you think I can move to where I can buy cheaply and see real estate go up in a few years? Also, when someone buys a house, legally, how much time can ... |
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How have lending institutions become such a corrupt and greedy business in recent years? |
| For the most part, they do not do business ethically, nor on any terms which aren't designed to screw the consumer. This is one big reason the housing market is upside down these days. Should ... |
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As a seller, can I offer 3% back to buyer for "closing costs"? |
| My house is competetively priced, it has new floors, new paint, new landscaping, it's staged, etc., it's just a slow market and it's sitting--few people are looking and those that have,... |
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Can my landlord bring me to court even if I haven't been issued any notices for back rent? |
| Ok, let me explain. Last month the bank, (honestly, it was the bank, they took back the fees), basically messed up my account. I had rent to pay and an electric bill, put in a check to cover both, ... |
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I want to know if a tenant can be evicted without notice.? |
| I am only 10 days late and the landlord has said that she is going to the marshal to evict.... |
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Can any one explain what a interest only loan works? |
| want to buy a home for 550,000 what type of credit score do you ... |
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Can I qualify for a home loan ? |
| My husband and I have applied for a home loan and we are not too sure we are going to get it. His mid credit score is 579 (all debt is paid) and mine in 500. We have a combined income of $100k and ... |
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Big Jay | What is a mortgage? ? |
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Where's the Kaboom??
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definition: A mortgage is the pledging of a property to a lender as a security for a mortgage loan. While a mortgage in itself is not a debt, it is evidence of a debt. It is a transfer of an interest in land, from the owner to the mortgage lender, on the condition that this interest will be returned to the owner of the real estate when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.
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golem
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A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures your promise that you'll repay the money you've borrowed to buy your home. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. Make sure you select the mortgage that is right for you, your future plans, and your financial situation. |
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Hod
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A loan on a piece of real estate. |
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jo t
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another way of the rich getting richer!!!!!! |
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Peter W
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A loan to pay for the purchase of a house |
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just me
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Sorry, this isn't a very detailed answer, bit all I can say is , it's a loan to pay off a house, usually over 20 or 25 years, depending on how much you can pay . Hope that helps a bit |
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Sällÿ
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A loan in which the borrower puts up the title to real estate as security (collateral) for a loan, usually with specified payment periods and interest rates. The borrower (mortgagor) gives the lender (mortgagee) a lien on the property as collateral for the loan. If the borrower doesn't pay back the debt on time, the lender can foreclose on the real estate and have it sold to pay off the loan.
Read more: http://www.legalisticminds.com |
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iknownumbers
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Most recently, a mortgage was a scheme that allowed a person or persons to pretend to own a home that they really could not afford. Banks, brokers, real estate agents, appraisers, inspectors, and even government conspired together to convince every man woman and child that if they didn't have a mortgage that they would not have normal dreams at night. So instead, houses were given to people who had no savings to put down, and little or no income to make payments on the house. In many cases, due to the miracle of infinite leverage and the fact that house prices never go down, some were given multiple houses. Then the central banker proclaimed that all these revolutionary loan products were good, and so Greenspan was happy. |
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Ed Atun
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If you don't pay a credit card bill, they can go after you for the money. A mortgage is a promise that , if you don't pay the money, they can just take the house and not worry about going after you for the money. It is just a piece of paper signed by the homeowner and the bank. |
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