Sentences with phrase «possibility of foreclosure»

There are even some loans that can exceed 100 % of the LTV ratio, but most financial planners caution borrowers against this form of loan, as they come with a high possibility of foreclosure, and any interest on a balance that exceeds the home's value can not be tax - deductible.

Debt: Taking on debt raises risk: Interest charges increase your company's break - even level, there's the possibility of foreclosure if the lender can't be paid, and principal and interest payments soak up cash flow that could be used in stressful times.

And he argues that many investors probably won't appreciate the full risks that come with such a deal — like the possibility of foreclosure, a buyer's failure to properly maintain a home, or a market downturn.

It is the very purpose of Yokum's new security to foreclose the possibility of foreclosure.

If you are facing the possibility of foreclosure, suffering from health problems, or suffering a poor quality of life, a reverse mortgage may be a valuable tool to help you gain the retirement you want.

Paying off debts will reduce your monthly obligation to creditors (less risk) and also remove the possibility of foreclosure / repossession / lawsuit if you ever lost access to income (less risk).

Fears of an overheated market, a lack of affordability and the possibility of foreclosures in the future have many questioning if there's a smarter solution to Canada's housing market woes.

If you're being harassed by debtors and face the possibility of foreclosure, you might want to consider filing.

We knew that we were only a few missteps away from the possibility of foreclosure.

With the involvement of lienholder, the possibility of foreclosure exists if the borrower violates the terms of the mortgage such as by not paying property taxes or neglecting the property.

Generally speaking, loans that are secured by collateral offer better interest rates because the possibility of foreclosure or repossession offers the lender greater security and a recourse if the loan isn't repaid.

One of the main reasons clients choose to file chapter 13 bankruptcies is that their home mortgage is in default and the clients want to eliminate the possibility of foreclosure and keep their home.

Chances are someone you know in Colorado Springs and surrounding areas is facing the possibility of foreclosure.

When this loss in value is combined with accelerating loan payments or unexpected changes in a home owner's financial situation such as job loss or medical expenses, some families may be faced with the possibility of foreclosure.

You also need to prepare your seller in advance for the possibility of foreclosure if a short sale fails, says Parmelly.

Last week California Governor, Jerry Brown, signed legislation to increase protections for California homeowners facing the possibility of foreclosure.

If you are facing the possibility of foreclosure, suffering from health problems, or suffering a poor quality of life, a reverse mortgage may be a valuable tool to help you gain the retirement you want.

With the involvement of lienholder, the possibility of foreclosure exists if the borrower violates the terms of the mortgage such as by not paying property taxes or neglecting the property.

The bank told us that they would not renew our loan and that there was a possibility of foreclosure if we didn't pay them off prior to the maturity date.

As of February, 2.4 percent of the California homes with a mortgage, or about 160,000 households, faced the possibility of foreclosure.

If you're facing the possibility of foreclosure in the future, perhaps you are wondering can you get your house in back after foreclosure.