Sentences with phrase «lien holder do»

What does the first lien holder do when the 2nd mortgage is sold?

Unlike the situation of a resulting trust, the lien holder does not receive the benefit of any appreciation in the value of the property after it is sold.

But, if your lien holder doesn't already require it, comprehensive auto coverage is something to consider when you gather St. Louis insurance quotes.

Not exact matches

A deed in lieu of foreclosure does not protect your credit, nor will it cut off the rights of junior lien holders.

In this case do you think the lien holders will just want this money pit off their backs?

Short sales that have more than one lien holder tend to be slightly more difficult to get done than ones where there is only one lender involved.

After a period of time the 1st lien holder orders an appraisal to verify market value and after doing their due diligence determines that $ 290,000 is well within the acceptable limits of market value.

If the asset does not sell for more than what the primary loan can be satisfied, the secondary lien holder gets nothing.

Individuals who do not ensure a property has a clear title may purchase the property only to discover they must pay additional money to the lien holder to own the property free and clear.

That means they don't have to contend with the hassle of completing all of the lien - holder paperwork.

An auto title loan is based on the equity of your Chrysler 300 and your ability to repay the loan, where LoanMart will take over the title to the vehicle as the lien holder for the duration of your payment period; we do this so that you may have free reign of your car, unlike other lenders that want to impound your car!

Actually, I don't even know if there is a junior lien holder, or if there has been a negotiator assigned to the case.

The guarantee does not apply if events occur beyond the control of New American Funding, including but not limited to; appraised value, escrow or title delays, 2nd lien holder approval, short sale approval, or lender conditions that can not be met by any party.

Similar to a mortgage, if you are late on auto loan payments, the lien holder can repossess your car and, in some states, do so without going to court.

So my question is, what can I do to find who the lien holders are, and remove them?

Some lien holders must advise you of their intent to reclaim money from your personal injury, and some do not Determining if there are liens or subrogation claims against your settlement proceeds and how to resolve them is very complicated and we recommend that you not attempt to do so without the help of an experienced personal injury attorney.

Lien holder will compel this type of coverage, and will apply forced coverage at great expense to the driver that only includes comprehensive and collision if the driver does not get coverage on her own [1].

However, an exception to this aspect is that if you do have a car loan or if your vehicle is leased, then the auto collision insurance can be asked for by the lien holder as a mandatory portion in the agreement.

The mortgage deed or trust does not have a power of sale clause, therefore the lender, trustee or another lien holder must take the borrower to court to recover the unpaid balance of a delinquent debt.

Guarantee does not apply to events beyond the control of Xceed, including appraised value, borrower / seller / third - party delays, outside second lien holder approval, short sale approval, lender conditions that can not be met by any party, or acts of God, i.e. inclement weather.

The practice is legal, and can be done through a person - to - person loan, in which the lender is named as a lien holder on the mortgage, or through a Mortgage Investment Corp, in which investors can pool their money to lend to those who either don't qualify for a traditional loan.

Short sales that have more than one lien holder tend to be slightly more difficult to get done than ones where there is only one lender involved.

After a period of time the 1st lien holder orders an appraisal to verify market value and after doing their due diligence determines that $ 290,000 is well within the acceptable limits of market value.

Any lien - holder that does not expect to get full value of their lien has 90 days to challenge the Termination Plan.

Further, if the lender misses or otherwise does not sue another lien holder, that lien will also still be against the property.

Any offer made that does not fully cover the existing amount (s) owed to the lien holders (s) plus the costs of sale could be subject to lien holder approval, which approval may be exercised at the sole and exclusive discretion of the lien holder (s).

The guarantee does not apply if events occur beyond the control of New American Funding, including but not limited to; appraised value, escrow or title delays, 2nd lien holder approval, short sale approval, or lender conditions that can not be met by any party.