Sentences with phrase «of liens against their homes»

Short term loans, therefore, are pretty easy to obtain in the months following bankruptcy; you can make your application look even better by pledging collateral in the form of a lien against your home or vehicle, or by applying with a cosigner backing you up and agreeing to pay if you do not.

For homeowners, this is usually given in the form of a lien against your home.

«Some property owners in Argentina are inhibited from selling because of liens against their homes.

Not exact matches

Newsday has reported that Mehta secured the position, which paid $ 79,000 a year, despite a checkered financial past that includes a home foreclosure, two bankruptcy filings, a tax lien and lawsuits against him by creditors who allege that he owes thousands of dollars in unpaid bills.

You have equity in your home; the lender of your home equity will put a lien against that equity.

The lender will place a lien against your home or automobile until you have repaid them in full for the amount of money that they extend to you.

Because of their unsecured nature, personal loans differ from auto loans, which come with a lien against the vehicle, and mortgages, which are backed by the asset of the home, says Todd Nelson, business development officer with Lightstream, the San Diego - based online consumer lending division of SunTrust Bank.

Equity is the amount of monetary ownership a homeowner has in their property and is determined by subtracting the balance of any liens against the property from the home's market value.

By placing collateral against the value of a bad credit loan, you are giving the lender permission to place a lien against your home or other valuable property.

In most cases, the lender is guaranteed repayment of your homeowner loan by placing a lien against your home; your lender knows that you do not wish to lose your home and that you will, thus, make your homeowner loan payments.

the home or automobile does not have equity (a liquidation value in excess of the amount owed to creditors with liens against the property) in excess of what you are allowed to exempt.

If you have a home equity loan or line of credit, your home equity lender would also have to agree to eliminate its lien against your property or reduce the home equity loan amount and sign a subordination agreement.

Following the deduction of the upfront fees and the payoff of the existing mortgage (a Reverse Mortgage borrower must always pay off any existing mortgages and other liens against the home), the borrower in our Reverse Mortgage example is left with the following amounts available in the form of lump sum cash or line of credit.

If you have a judgment lien against your home or are concerned about the possibility of a future lien, it is important to take action now to protect your rights.

Your job then is to find out what your seller has against the house to see if it is even feasible to sell, then you can offer your services accordingly, but be prepared to go the extra mile — even to the point of asking the bank to take less money to clear the lien so the home can close.

From Speaking of Real Estate: A false Facebook post is making the rounds claiming that if you don't pay the penalty under the Affordable Care Act for not buying health insurance, the IRS can file a lien against your home.

A title policy guarantees that the home you purchase is free of liens, clouds against the title, or confusion in the prior ownership as to the date and time the policy is issued.

Concerns for these properties can include the condition of the home and how much repair costs will be needed to make it habitable and / or other liens pending against the property, among other issues.

Encumbering a home's equity can be accomplished by recording a mortgage against it, re-financing a current mortgage or even taking out a lien of credit using your home as collateral!

ADOH's Loan Servicing staff provide services to homeowners who may have a lien recorded against their homes by the Arizona Department of Housing, Arizona Housing Finance Authority, Arizona Department of Commerce or by the Arizona Home Foreclosure Prevention Funding Corporation.

Because of the difficulty in securing leverage against a loan (also known as a lien), private lenders were unwilling to grant home loans and mortgages to Native Americans.

The borrower also owes a second lien of $ 25,000, which is also a note and mortgage against the home.