Purchase contract The contract for the sale of a home can be made either in a private document, or in a public document (authorized by a Notary Public ), but the buyer has the right to demand the public form (the Civil Code says that it must be recorded in a public deed).Continue Reading
Depending on his financial situation and his previous financial transactions, a borrower may need to obtain new credit or make a credit consolidation, in addition to a first mortgage loan. The second mortgage allows the use of real estate held as collateral despite the existence of a first mortgage. If the second lender hasContinue Reading
Can you transfer a mortgage? When you sell a home or one of the owner’s moves, it might make sense to transfer the mortgage to the new owner. Instead of applying for a new loan, paying closing costs, and starting over with the higher interest charges, the homeowner will onlyContinue Reading
Most people think of bankruptcy as liquidating assets to pay off debts before any remaining balances are discharged. However, a Chapter 13 bankruptcy is about creating a court-ordered plan to pay off your debts. With Chapter 13 you have at least some income, but there is no reasonable way youContinue Reading
If you have difficulties paying your mortgage, you can request a deferment until March 30, 2021. During this time, the creditor entity may not demand payment of the installment or any of the concepts. You will also not be able to increase the debt with new surcharges or interest. The accumulatedContinue Reading
Currently, there are many credit options that offer various facilities to support people who need loans to obtain a car, travel, or simply cover unforeseen expenses. A subprime mortgage is a credit modality that is characterized by having a higher level of risk than other loans offered by banking institutions since theyContinue Reading
A mortgage is a very important system. Like the guarantee, it plays a very important role and can provide a more effective guarantee for the creditor to ensure the safety of the creditor’s rights. For banks, mortgages are already a very familiar practice for business personnel, and most loans requireContinue Reading
Employee housing mortgage loan contract sample At present, Party A borrows RMB (uppercase) yuan from Party B for the purchase and construction of self-use housing. The selling unit is (specify the full name of the selling unit). To safeguard the interests of both parties, this contract is established by theContinue Reading