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FBI Investigation: Scam Artists Use Forged Deed and Counterfeit ID’s to Steal Concord, MA Property; Local Real Estate Agent, Developer, and Attorneys Caught Up In Fraudulent Transaction Using a counterfeit driver’s license and passport (shown at right), fake e-mail address impersonating the re...
Mortgage Acceleration Clause: A clause which allows a lender to demand that the entire balance of the loan be repaid in a lump sum under certain circumstances. The acceleration clause is usually triggered if the home is sold, title to the property is changed, the loan is refinanced or the ...
makes an assessment of loan risk Personal property that is included with real estate is called chattel An estate that is limited to the lifetime of the owner is called a life estate The first central bank in the United States was the ...
"Equity Thus, Winton established a ruling that arguably the Parker court would never haveaccepted. This shift may now be only of historical interest, but it is a good illustration of thedeveloping concern the courts have shown for the debtor's protection. 44.Baggett, W. Miketex.tech l.rev...
Acceleration clauses generally take effect after a borrower is delinquent or behind on their payments. Alienation clauses require the borrower to pay back the loan in full before the transfer of the property. Deed Of Trust FAQs Below are some of the most common questions about deeds of trust....
Given thetightness in the mortgage industrytoday, the chances are even higher that you will be denied a loan. Therefore, you will naturally hate the real estate market even more. Rejected Offers Are The Norm In Real Estate In acompetitive housing market, it's common for your offer to get ...
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An acceleration clause is typically used to allow lenders to call the entire loan balance due upon a specific default. For example; the Due on Sale Clause, which dictates that the loan be paid off in full on a sale or transfer of ownership. This can also be triggered is there is fraud...
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