Sentences with phrase «type of lien»

The seller has a property with this type of lien, however, no work was done on the property, it is vacant land.

Both terms refer to the same type of lien, although usage of «SIDs» and «LIDs» in Las Vegas varies slightly by area.

A residential mortgage is a common type of lien.

This type of lien strip is only available in a Chapter 13.

Any type of lien against you could be a sign of irresponsibility.

This type of lien gives the lender the right to sell the property in order to satisfy the outstanding loan balance.

UCC liens against specific collateral: This type of lien gives creditors an interest in one or more specific, identified assets rather than an interest in all the assets owned by a business.

A collateral mortgage is registered as a type of lien under the Personal Property Security Act (PPSA) of Canada and requires more legal work to be discharged.

The process varies for other types of liens.

It also offers the debtor more power to eliminate certain types of liens.

Bankruptcy also does not automatically remove other types of liens from property, although a bankruptcy discharge voids the underlying judgment.

Liens — in some cases a creditor may have placed a lien on your property which may prevent you from renewing your present mortgage, some common types of liens are from builders or unpaid property taxes.

Several types of liens exist and can include money owed for work done to improve property.

These types of liens are governed by federal statutory law, found at 14 U.S.C. § 1395y.

Other healthcare providers may file these types of liens as well.

Lots of types of liens like @Wayne Brooks mentions.

The second advantage is that you'll usually get a clear title since usually all types of liens are extinguished and the taxes are brought current.

Yes, you'll learn terms, legal terms, like encroachment, easement, plat and survey, property descriptions, market value and what must be present to establish a market value, what a single family dwelling is (many here don't even know what that is, yet they try to deal in them), you'll learn what property rights are and how certain rights are conveyed, what may cloud title or encumber title, what a lien is and types of liens as well as their priority, what responsibilities there are with ownership... and the list goes on.

We coordinate all the paperwork, pull title, have attorney reviewed and completed purchase contracts (where necessary), coordinate with title companies, your lender, negotiate 2nd and 3rd liens, along with other types of liens (mechanics, credit cards, execution) and we are # 1 for communication.

3) That the first position is so important that the Federal Housing Finance Agency prohibits Fannie Mae and Freddie Mac (conventional loans) and FHA from purchasing mortgages or notes with these types of liens on the property - either as refinances or purchases.

The Preliminary Title Report is a document that shows who the owners are, what taxes are owed on the property, what type of liens are recorded on your property, and any type of covenants or conditions recorded on your property.

Not exact matches

Of Wells Fargo's conventional first - lien mortgages (unadjusted for income, location, loan size, and lender type), high cost loans made up 45.8 % of the loans to African - Americans, 22.6 % of the loans to Latinos, and 12.4Of Wells Fargo's conventional first - lien mortgages (unadjusted for income, location, loan size, and lender type), high cost loans made up 45.8 % of the loans to African - Americans, 22.6 % of the loans to Latinos, and 12.4of the loans to African - Americans, 22.6 % of the loans to Latinos, and 12.4of the loans to Latinos, and 12.4 %

Many lenders today don't require specific forms or types of collateral, but will rather apply a general lien on business assets and a personal guarantee to secure the loan — making it possible for many businesses without specific types of collateral to qualify.

I don't day trade, buy calls, short sale, buy tax liens, broker debt, or invest in any type of hedge funds.

Does the person selling the car really hold clear title to it, or is there a lien against the title?These are the types of questions you always want answered but sometimes had difficulty determining before handing over your money and driving away in the used car.Now comes a new service called Carfax, which provides a vehicle history of the car you want to buy before you write a check.

We offer a complete purchase history to ensure your vehicle has no security interests (liens) against it; overcoming any liability concerns, as well as any type of incidents that occurred and any previous damage.

Public record information Any publicly available reports on delinquent accounts, liens, bankruptcies, and lawsuits (a public record can remain on your credit report for a number of years, depending on the type of account).

The new model is the first in the industry designed to align with consumer - focused changes in the way Equifax, Experian and TransUnion handle several types of negative credit - file records, such as medical bills in collections, tax liens and public records.

A title loan, also known as a title pawn, is a type of secure loan where a lender puts a lien on a borrower's property, their car in this case, in exchange for an amount to be loaned.

When a borrower takes out any type of home equity or mortgage loan, a lien is placed on the home as collateral.

For both types of loans, the borrower may not have foreclosures, repossessions, wage garnishments, unpaid tax liens, unpaid judgments or other public records having an open balance exceeding $ 100 during the last 7 years.

Your missed payments and most types of public record items will remain on your credit report file for 7 years, with the exception of Chapter Seven, Eleven and Twelve bankruptcies, which remain for ten years, and tax liens that remain unpaid, which will remain on your credit file for up to fifteen years.

If you are a homeowner, you can allow the lender to place a lien on your home to secure your bad credit loan; this type of loan is a bad credit secured loan.

Tax liens can stay on your credit report longer than any other type of derogatory item.

With a tax lien on your credit report, it's very hard to obtain car loans, mortgages, credit cards, and other types of financing.

There are two distinct types of loans that can be taken out as part of a second lien: the Home Equity Line of Credit, and the Closed - End second.

Many lenders today don't require specific forms or types of collateral, but will rather apply a general lien on business assets and a personal guarantee to secure the loan — making it possible for many businesses without specific types of collateral to qualify.

Closing costs including inspections, mortgage origination fee, lawyer fees, checking the history of the home for liens, etc, which will set you back minimum 5 % depending on the type of purchase (short sales, foreclosures are more expensive because they take longer) Insurance (home and flood) will depend on your zoning but you can expect anywhere between $ 100 - 300 a month.

The primary risk for default on this type of loan is a lien being placed against your residence and being foreclosed upon as a result.

With the change, they'll begin omitting specific types of data from credit reports, such as tax liens and civil judgments, if they don't include personal information, like your name, your Social Security number, address, or date of birth.

A lien must be placed on the property for this type of loan.

Not all lending companies offer 2nd mortgage liens, in fact most do not offer any type of subordinate loan program at all.

We do not require a specific type of collateral, but do require a general lien on business assets along with a personal guarantee to secure an OnDeck loan.

There are a few different types of unsecured business loans: blanket business lien, unlimited personal guarantee, and limited personal guarantee.

Prior to buying any type of real property such as a home or car it is important to verify there are no liens.

When an owner files for bankruptcy, he or she is allowed to keep the homestead exemption in full, and depending on what type of bankruptcy filed, any unsecured debt like the attachment of a lien through judgment may be rendered non-collectable by the bankruptcy court.

2 Unsecured Business Line of Credit — This type of LOC does not require specified assets as collateral — however a general lien and personal guarantee will likely be required.

FHA allows cash out refinancing with scores as low as 500, so if you may want to consider this type of loan if you were denied for a second mortgage lien recently.

It includes the policy number and effective dates, what types of coverage you have, what the policy's limits are, and personal information about the individuals insured or holding liens against the property.

Tax liens can stay on your credit report longer than any other type of negative information and require special treatment.