Sentences with phrase «other lien holders»
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.
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When you receive offers, your REALTOR ® will help you review them and present an offer to your lender and any other lien holders, negotiating on your behalf.
How will the other lien holders react to this situation?
A court filing signed by Colorado Customware attorney Michael Pankow states that Colorado Customware «believes the other lien holders have consented by agreeing or acquiescing in the sale».
How will the other lien holders react to this situation?
The debtor's property is protected from seizure from creditors, including mortgage and other lien holders, as long as the proposed payments are made and necessary insurance coverages remain in place.
Not exact matches
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.
In other words, the lender would take the property back subject to the junior lien holders.
While I have yet to have this happen (knock on wood) I know of other Realtors who seemingly have had a situation where a 2nd lien holder has chosen to foreclose instead of granting short sale approval.
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!
It simply protects the lender from any other possible lien holders.
Unlike other lenders, LoanMart will not take the keys away from you, but instead becomes the lien holder to the title for the duration of your loan payment period.
In other words, if you have accepted what you consider to be a sufficient settlement but fail to account for the interests of lien holders, you could win the battle but lose the war.
arising from or attributable, in whole or in part, to: a) a debt, insolvency, commercial failure, the repossession of any property by any title holder or lien holder or any other financial cause; b) non-compliance by you with regard to any obligation specified in a contract or license;
While I have yet to have this happen (knock on wood) I know of other Realtors who seemingly have had a situation where a 2nd lien holder has chosen to foreclose instead of granting short sale approval.