«The risk adjusted return is more favourable on
your mortgage than an outside investment,» he says.
Not exact matches
Outside of the above two reasons, if you have the means to pay off your credit card balances, it probably makes sense to do so — regardless of whether or not you are applying for a
mortgage — simply because credit card rates are so much higher
than today's savings account rates.
yes and no its definitely not charitable as they are making money of off you but depending on the
outside conditions if you had to pay a
mortgage on that condo with only 35k in payments to start off it would more
than likely exceed 500 dollars a month however there would always be a point were the
mortgage would end and it dosent sound like thats going to be the case with you paying your parents so it depends on how long your going to have that condo and how much
mortgage would have been.
Trended data or «time series data» that shows borrowers» debt loads over time rather
than as a snapshot has been used
outside the
mortgage industry for at least the last three to five years.
The financial picture truly isn't complicated (no debts
outside mortgage, no complicated assets
outside house / checking / savings / 401k accounts, all assets and family are in same state, assets are less
than state / federal estate tax limit; no prior marriages or prior children or other potential liabilities, etc...).
On the other hand, it seems answering a slightly different question
than what I asked - you keep saying «well, lawyer will is better if your situation isn't as simple as you say», but doesn't at all address the case that I ask about, where the situation literally IS as simple as one says - no debts
outside mortgage, no prior spouses, no family members
outside kids to contest the inheritance, no interstate assets, no assets with complex tax issues, etc...
For both companies, the No. 1 complaint is timing — the transaction didn't close when it was originally intended — a problem that's more often
than not
outside the
mortgage company's control.
Shadow
mortgages lenders in Canada are alternative lenders, also called shadow lenders, operate in the margins
outside the scope of federal bank regulations, offering short - term, uninsured
mortgages at rates much higher
than those provided by the banks.
There are many creative ways to purchase, such as finding a property with no
mortgage (about 45 % of all homes in this country are owned free - and - clear), and many of those sellers will carry back a note so you make the payments to them rather
than finding
outside funding.