The reason why understanding your mobile home’s market value is crucial is because you get a better picture of how to competitively price it. You not only know how much you can get from it, but you also know the minimum asking price to settle for. Lastly, if you are planning to renov...
Alternatively, a homeowner who has paid off their mortgage and owns their house outright might need more cash and allow a lien on it to obtain ahome equity line of credit (HELOC). Just as with a mortgage for a home purchase, the house would serve as collateral. Finally, a business could...
Paying your taxes on time is critical for any taxpayer earning money in the United States. Yet, special circumstances may arise that leave you unable to pay taxes owed by the deadline. The IRS understands this, which is why they give taxpayers the option to settle their taxes. It is criti...
When you originally applied for your mortgage, you probably verifiedasset reservesto prove to the bank that you could afford to pay the loan for a certain period of time, even if you failed to receive additional income for some period of time. Once you miss your first payment, the bank or...
Always Get the Hitch When You Buy a Car 2021 Editors' Choice: Best New Cars, Trucks, SUVs 7 Things Not to Do at a Car Dealership Should You Buy a New or Slightly Used Car? 5 Things to Do Before You Go to the Dealership Advertisement - Continue Reading Below...
A levy differs from a lien because a levy takes the property to satisfy the tax debt, whereas a lien is a claim used as security for the tax debt. A lien secures the government’s interest or claim to an individual’s or business’s property while the tax debt remains unpaid, and a...
1. Mortgage Lien When you voluntarily take on a mortgage, the lender agrees to finance your home and takes a lien on your property until you pay off the debt. You can check if there's a lien on your real estate at your county recorder's office, the recorder of deeds office or the ...
Your HOA might even be able to put a lien on your property which could end in foreclosure. This isn’t legal in every state, though. While you may think you can sneak an extensive kitchen remodel past your HOA, it’s unlikely. Even mid-size interior renovations can require large crews,...
Pay. If the work of the contractor is not at issue, the easiest way to settle a mechanic's lien is just to pay. If there's a dispute as to the amount, take into consideration whether or not it would be cheaper and easier to pay versus fighting the lien by possibly getting a lawyer...
Once you settle on a real estate agent, it's time to start house hunting! House Hunting Whether or not you sign with a buyer's agent, your real estate agent will ask you a series of questions to find out exactly what type of home you're looking for and where. She will take those...