Sentences with phrase «lien holder gets»

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

If there's any money remaining after the first lien holder gets paid, then the holder of the second lien gets paid.

Servicers get $ 1,000 to cover their costs, and subordinate lien holders get up to $ 3,000 through a matching arrangement in exchange for relinquishing their lien.

Not exact matches

When you get a loan from American Title Loans, we send your car title to the state DMV to list our company as lien holders.

Loan servicers can receive $ 1,500 for administrative expenses, and lenders can get as much as $ 2,000 for allowing up to $ 6,000 of short sale proceeds to be distributed to subordinate lien holders (if they exist).

The bonds are mortgage - backed so if CSI reneges on its commitments, the property will be sold with bondholders getting a cut of the proceeds after all other lien - holders (like the bank and city) are paid off.

If a modification isn't the right move for you, we can also assist you in getting a short sale approved by your lien holder.

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.

The purchaser is still the owner, the loaning company is just a lien holder, meaning they have a right to get paid from the value of the car.

When you get a loan from Freedom Title Loans, we send your car title to the state DMV to list our company as lien holders.

The lien holders maximize their proceeds from a distressed asset, the seller is able to avoid foreclosure and settle their debts, and the buyer is able to get a property at a price they desire.

If Countrywide is in a second position, ask that the first lien holder to get their attorney involved, this will speed up the process.

The agent representing the seller needs to know how to get past any difficulties that could arise between disagreements with the two lien holders.

As such, in our scenario, before you get paid, you are required to pay $ 40,000.00 to the lien holders.

The insurance company will likely want to get releases from your lien holders before giving you any money, or they will try to make a check payable to you and the lien holders as well.

If your title is held by a lien holder, we can help you get the title released.

If you are about to get a settlement, then the lien holder will be paid first.

Getting automobile insurance rate quotes on leased or financed vehicles makes sense, for example, since lien holders typically require these modes of coverage while you are working to pay off any outstanding financial obligations.

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].

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.

You can't sell your home without your lender and any other lien holders agreeing to the sale and releasing the lien so that the buyers can get clear title.

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

If a homeowner gets the money together to pay back taxes, the homeowner will also owe interest to the holder of the lien.