Description : How can I fight against Repossession?
Last Answer : The best way to fight repossession is to pay your bills on time. If you can't do that call your creditors and see if you can work something out. The sooner you call the better chance you have of keeping your stuff.
Description : How long does the repossession process of a car usually take?
Last Answer : The repossession process of a car usually takes about 6 months
Description : A legal agreement between the lender and borrower where real estate property is used as a collateral for the loan is termed as ________ A. Mortgage B. Reverse Mortgage C. Repossession D. Refinance
Last Answer : A. Mortgage Explanation: A loan that is secured by property or real estate is called a mortgage. In exchange for funds received by the homebuyer to buy property or a home, a lender gets the promise of that buyer to pay back the funds within a certain time frame for a certain cost.
Description : A financial product which provides senior citizens with funds against their home equity is referred as _______ A. Mortgage B. Reverse Mortgage C. Repossession D. Refinance
Last Answer : B. Reverse Mortgage Explanation: A reverse mortgage or home equity conversion mortgage (HECM) is a special type of home loan for older home owners (62 years or older) that requires no monthly mortgage payments. Borrowers are still responsible for property taxes and home owner‘s insurance.
Description : Taking back of property by a seller or a lender from the buyer or borrower due to default of payment is termed as ________ A. Reconveyance B. Repossession C. Recurring Billing D. Revalidation
Last Answer : B. Repossession Explanation: Repossession is a term used to denote a financial institution taking back an object that was either used as collateral or rented or leased.
Description : __________ is a transfer of property to its real owner, once the loan or mortgage is paid off. A. Reconveyance B. Repossession C. Recurring Billing D. Revalidation
Last Answer : A. Reconveyance Explanation: The transfer of real property that takes place when a mortgage is fully paid off and the land is returned to the owner free from the former debt.
Description : In the NetBill's protocol for small payments for services available in the internet. (i) the customer is charged only when the information is delivered (ii)the vendor is guaranteed payment when information is delivered (iii) the customer ... , ii b. i, ii, iii c. i, ii, iii, iv d. i, ii, iv
Last Answer : d. i, ii, iv
Description : I refinanced 4 months ago to consolidate debt and was suppose to refinance again to get a lower rate. Bank now says can't refinance before 6 months of payments have been made. Is this true?
Last Answer : Untrue. I was promised an immediate refinance and it is 2 1/2 yrs. later and I have not been able to refinance. With Conventional loans there is no seasoning. FHA loans do require 6 months. ... There are obviously other issues which have nothing to do with the number of payments that have been made.
Description : Not long ago, the most you'd know about a movie before seeing it was maybe who was in it. What other experiences do you miss?
Last Answer : I miss making the best of what was on TV. I’m really picky now, but with all the uncreative remakes and sequels and spin-offs I’m also glad to have options.
Description : Is there something you thought you would certainly miss before you started eating a vegan or vegetarian diet, has the missing lasted?
Last Answer : How much fat is in the coconut milk?
Description : What is the thing that you miss doing most before mankind became so high-tech?
Last Answer : Writing letters and sending them through the mail. Few do that any more.
Description : How many days can a child miss in a calendar year in SC before failing?
Last Answer : Need answer