Sentences with phrase «debts on the property first»

Not exact matches

You should plan to tackle necessary plans for your emergency fund, retirement fund, and debt repayment first, then determine how much you can spend on other goals, like travel and a down payment for property.

Various reasons that prompt one to take a second mortgage include covering part of the down - payment on their first mortgage in order to evade the requirement of property mortgage insurance, financing home improvements, and consolidating debts.

Because I believe credit repair should be approached from a holistic perspective, you'll also obtain courses on budgeting, eliminating debts, how to negotiate settlement on your debts, how to build business credit, purchase your first investment property, pay off your student loans and More!

First Mortgage A debt registered against a property that has first call on that propFirst Mortgage A debt registered against a property that has first call on that propfirst call on that property.

Secured debt should always be the first debt that one pays off when addressing their loans, as lenders can easily hold on to your collateral property if you fail to pay accordingly.

The loan taken after the first one on a property is equally important in consolidating debts.

Generally, we offer three debt consolidation options, which are mortgage refinancing, first and second loans on a property.

Your debts must be paid first — before any money or property you leave behind is passed on to your loved ones.

The sale proceeds were insufficient to satisfy either the debt owing on a first mortgage on the property or any of the monies owing under the second mortgage held by the respondents.

The court first classifies property and debt as marital, and then it assigns value on both.

Seller would of had to of agreed to transfer mortgage from first position on Property A to second position on Property B (if Property B is worth more than Property A and additional bank debt is used to fund difference of Property B and refi funds)