Loans not secured with any specific asset or collateral, but rather a general lien, may be referred to as unsecured loans. In reality though, truly unsecured loans are rare and only offered to a lender’s most eligible customers. Even an unsecured loan that doesn’t require collateral may re...
If you believe a lien is not legitimate, contact the lienholder. In some cases, lien releases get lost or forgotten. For example, you might buy a used vehicle from somebody who previously had an auto loan, and thelien releasefell through the cracks. Bringing the matter to the right person...
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Private sellers can save drivers money, but it's important to understand how the process of buying a car from a private seller differs from a dealership.
3. A property owner with a lien typically cannot sell or refinance it until the lien is resolved. 4. There are different property liens, including mortgage, tax, and mechanic’s liens. 5. If a property owner fails to pay the debt or obligation, the lienholder may have the right to for...
Before you begin choosing the best way to buy a house while selling your own, talk to areal estate agentwho can break down all of your options. Your agent can give you a sense of what your house couldlist for right nowandhow fast it’s likely to sell. They’ll get a gauge for your...
After the complete payment, they hand over the original title document to the owner of the vehicle. How long does it take to get your title when you buy a car? How long it takes to get your title after you buy a car depends mainly on state laws. Generally, paper titles are mailed ...
meaning that the lien is created by an action taken by the debtor, such as a borrower who obtains amortgageto buy a home and agrees that the home will serve
toflip a housethan to buy one to live in. Not only do you need the money to buy the property, but you also needfunds for renovationsand then the property taxes, utilities, and homeowners’ insurance for the period from the moment the sale closes to the day it’s sold to someone else...