Sentences with phrase «against the homeowner when»

That's because banks have the right to purse a «deficiency judgment» against the homeowner when the foreclosure sales proceeds are not sufficient to pay the bank all of the money it is -LSB-...]

Not exact matches

When Alan Greenspan flooded the mortgage market with credit, homeowners borrowed against («cashed out» on) the rise in housing prices as if their homes were a piggy bank.

This appeared to be coming into fruition after his announcement at the Conservative party conference last month when he announced he would be changing the law to make it clearer that homeowners could defend their property against intruders — allowing the use of force which might «in the cold light of day appear disproportionate».

When choosing between a fixed or variable mortgage homeowners need to weigh the potential savings against the risk of rising rates.

As home values plummeted, fewer homeowners took cash out when refinancing simply because they often didn't have enough home equity to borrow against.

A reverse mortgage allows qualified senior homeowners to borrow against their home equity tax - free2 while continuing to own and live in their house.3 The money can be received as a lump sum, 4 monthly payments, or a line of credit to access when needed.

But when the draw period ends, homeowners can no longer borrow against the line of credit and must start repaying whatever balance remains — perhaps over the next 10 to 20 years.

Home warranties can help homeowners guard against large unexpected bills when things such as major appliances and plumbing fail.

This insurance protects lenders against financial losses that result when homeowners default and stop making their mortgage payments.

Homeowners can also refinance when they want to change mortgage providers or take cash against their built - up equity for major purchases.

When lenders foreclose against homeowners with the coverage, it triggers mortgage insurance benefits for lenders to help pay off the mortgage.

Far too many homeowners ended up losing their homes during the financial crisis when they overborrowed against their homes» value.

When an accident such as this occurs at home, you may be able to file a claim against your homeowners» insurance policy in order to...

When someone is bitten by a neighbor's dog, they have legal rights to make a claim against the neighbor's homeowner's insurance or even sue the neighbor for their dog bite injuries.

«Most people, when they buy a homeowners policy, they assume they are fully covered against a relevant risk,» says David Marlett, chair of the department of finance, banking and insurance at Appalachian State University in Boone, N.C. «If the bank didn't require them to get flood insurance, then they might think they probably didn't need it.»

The endorsement is meant to protect homeowners against the sudden rise in the cost of materials or labor that can occur when a lot of homes are damaged in the same area.

«For example, we collected against a woman's homeowners policy when she drove her bicycle into our client and seriously injured her.

When you're looking at a new homeowners insurance policy, make sure it will compensate you against damage that Mother Nature may cause.

There's just so much you can do to protect your property against break - ins and weather damage, and when disaster strikes, you need a reliable homeowners insurance plan on your side.

Renters will have similar concerns to homeowners when it comes to coverage against fire damage.

For example, renters insurance offers protection against a liability claim when a visitor falls and breaks their leg just as homeowners insurance will do.

The Host Protection Insurance program covers landlords and homeowners associations in many cases when claims are brought against them because a guest suffers injury during a stay.

Just as RE-Insider predicted when the HUD settlement came out earlier this month, angry homeowners have filed a federal consumer fraud class action lawsuit against Fidelity National Title Insurance and other major title insurers alleging the companies kicked back fees to real estate agents for real estate settlement services.

When a homeowner is late on three payments, the bank will record a notice of default against the property.

When a homeowner falls behind on three payments, the bank will record a notice of default against the property.

The average of 30 - year fixed - rate mortgage interest rates so far this year compared against new - home sales illustrates that inversely proportional relationship: When interest rates go up, demand from would - be homeowners drops.

When homeowners take steps to better protect their property against weather hazards affecting their geographical region, insurance companies take notice.

Homeowners because they will be at a disadvantage when biding against landlords when buying homes.

If the tax deductions are reduced for homeowners but not for landlords, that gives landlords an advantage when bidding against homeowners to buy homes.

Sure, designer and homeowner Rebecca Lapres could have catered to evolving teenage tastes when decorating a bathroom for her 16 - year - old twin son and daughter, but that would have gone against her core design philosophy: Anything affixed to the walls or floor needs to be timeless.