Sentences with phrase «title of your primary residence»

One of the best ways to add protection in your estate plan is to transfer the title of your primary residence to your children while retaining a life estate.

Not exact matches

One of the unique things about all of Fundrise's eREITs ™ is that you don't have to be an accredited investor ($ 200K + income, $ 1M + net worth excluding primary residence) to invest due to Regulation A + of Title IV of the JOBS Act.

Provided that the title to the property is in the name of the veteran's unremarried, surviving spouse, who continues to use the home as the primary residence.

To qualify for this type of loan the youngest borrower on title must be at least 62 years of age, the home must be the borrower's primary residence, and the home must have sufficient equity.

Now, if the property is not a primary residence but an income property or a cottage then you could find yourself in a forced sale situation — where the CRA proceeds with the lien in federal court, prompting you to either pay your outstanding debt, or lose title and ownership of the property, which then goes through the legal procedure of foreclosure and the home is then sold as a power of sale, to clear the debts.

(II) any additional payments to secured creditors necessary for the debtor, in filing a plan under chapter 13 of this title, to maintain possession of the debtor's primary residence, motor vehicle, or other property necessary for the support of the debtor and the debtor's dependents, that serves as collateral for secured debts;

BIG ZERO have NO Points BIG ZERO have NO Title Fees BIG ZERO have NO Escrow Fees BIG ZERO have NO Junk Fees BIG ZERO refinance assumes minimum loan amount of $ 350,000 upto $ 417,000, 740 minimum FICO, No Cash Out refinance, Single Family detached primary residence, Loan to Value 60 % or less with impound tax and insurance.

You will continue to own and maintain the title of your home for as long as the property remains your primary residence and you continue to meet the obligations of the loan.

A reverse mortgage is a unique, Federal Housing Administration (FHA)- insured loan that allows eligible homeowners age 62 years and older to convert a portion of their home's equity into tax - free1 funds without having to pay monthly mortgage payments.2 The loan generally does not have to be repaid until the last homeowner on title passes away or no longer lives in the home as their primary residence.

To qualify for this type of loan the youngest borrower on title must be at least 62 years of age, the home must be the borrower's primary residence, and the home must have sufficient equity.