Sentences with phrase «out of the mortgage contract»

Not exact matches

Since 2009, Kevin Mercadante has been sharing his journey from a washed - up mortgage loan officer to emerging from the Financial Meltdown as a contract / self - employed «slash worker» — accountant / blogger / freelance writer — on Out of Your Rut.com.

They have a shelf life of 8/10 years at the very top if they are lucky so who can begrudge them the opportunity to make hay whilst the sun is shining... am not saying Sanchez is not money driven but the way the guy plays i can mortgage my life he actually enjoys the game, enjoys wining first and foremost then money comes 2nd... like the author of the article rightly pointed out, he was in Messi's shadow at Barca and could not express himself fully, now he is at a club where he is the main man and given a free role and license to express himself and i very much doubt if he will want to go to a club like Madrid (as been rumoured in the dailies today) to relieve the bad experience he suffered at Barca because let us face facts, he is never going to displace CR7 as the main man, so even if Madrid sells Benzema or Bale to make room for him he will be back to the same position he was at Barca, this time he will be playing 2nd fiddle to CR7 so my guess is all the Madrid talks is been fed the press by his agents to drive a hard bargain when contract extension talks resumes.....

In French, mortgage literally translates to «death contract», but you don't have to be bilingual to realize you might want to be cautious before seeking out one of these kinds of loans.

If the bank won't give you the mortgage because of underwriting changes, or because something about your situation changed or because the house did not appraise for the amount you need to finance, you can get out of the contract.

Caravan Cash Out Certificate CHFA Code Violation Comps Capitalization Capitalization Accounting Cash Flow Certificate of Commitment for VA Loan Guaranty Certificate of Deposit Certificate of Eligibility Certificate of Loan Disbursement Certificate of Occupancy Certificate of Reasonable Value Change Order Chattel Clear Title Closing Closing Costs Closing Statement Cloud on Title CMB (Certified Mortgage Banker) Co-Insurance Commitment Commitment Fee Co-Mortgager Comparables Compliance Report Conditional Commitment Conditional Commitment Requirements Conditional Sales Contract Condominium Condominium Declaration Consideration Co-Signer Contagious Contract of Sale Conventional Loan Convey Conveyance Cooperative Corporation Correlation Correspondent Cost Approach to Value Coupon Rate Credit Rating Credit Report CRA (Certified Review Appraiser) Custodial Accounts

Though it might violate a contract, it's not fraud if your conditions change and you have to rent out part of your home to make the mortgage payment.

Contingency Clause: When associated with a mortgage this is when the seller can back out of the purchase contract if the buyer can not obtain financing within a specified amount of time.

That's why we're always looking for contract underwriters who know the following inside and out: the basics of mortgage insurance underwriting, applicable legal restrictions, government agency requirements and investor guidelines for compliance.

If the difference is more than this, the lender of your mortgage could charge you the full penalty to break the mortgage, or they could work out a custom agreement with you on the breaking of the contract in order to keep you on as a customer.

The National Law Journal reports that when the mortgage market dried up in 2007, Wachovia invoked the «material adverse change» clause in the deal's contract and backed out of the loan.

The English term «mortgage», to refer to the loan one takes out for a home, is derived from French and means «death pledge»; the pledge dies either through fulfillment of the contract or the foreclosure of the property.

The property was listed at $ 689,000 and the after some serious negotiations, a Contract of Purchase and Sale was signed by the parties for $ 675,000 — subject to the purchasers being able to get a first mortgage of $ 325,000, and subject to a satisfactory final inspection to be carried out by the purchasers and / or their agents.

«Mortgage interest rates began to rise in May, taking some of the momentum out of contract activity in June,» said NAR chief economist Lawrence Yun.

The statute — Texas Property Code Chapter 5, Subchapter D, beginning with Section 5.061 — prohibits any executory contract for the sale of residential property if the property already has a mortgage on it, and sets out draconian penalties for any violations of the technical statutory requirements.