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  1. If the owner has a mortgage, then the bank might escrow the taxes and them pay them from the escrow account.  Banks do this to make sure the taxes are paid to protect the money they are owed - its standard practice.

    10 Answers · Business & Finance · 03/07/2020

  2. ... to how they're lives could end up. I think you're better off waiting and getting a sizeable down payment and looking at good...

    14 Answers · Business & Finance · 28/05/2019

  3. When your lender learns your insurance has been canceled they will add insurance to protect their interest. And, that may be a breach of your mortgage which would permit the lender to foreclose.

    7 Answers · Business & Finance · 20/06/2017

  4. ...agreement can be amended since it will obviously not allow the mortgage to go through Wells Fargo in it's current wording. The agreement is for a shared...

    12 Answers · Business & Finance · 15/02/2017

  5. It means that if your loan doesn't go through for any reason then the deal is off. You want to keep this. I don't know why your agent would be pushing to get rid of it if it is already in an accepted offer. If the offer was not yet...

    3 Answers · Business & Finance · 13/12/2016

  6. ... the truth; you don't have any, but that you are a quick study, you work well with others, can function when things get hectic without a meltdown, and...

    3 Answers · Business & Finance · 23/09/2016

  7. Proof that you have the down payment and the closing costs in your bank account at the time you apply for the mortgage.

    7 Answers · Business & Finance · 19/06/2016

  8. I would like to use a baseball analogy. Losing money on an investment is like striking out. Getting 1% on your money is like getting a single. Getting 2% is like hitting a double. Getting the amount you pay on a mortgage is...

    6 Answers · Business & Finance · 27/10/2015

  9. ...month or less, by law, until the house is legally yours. You're well over the hump and things should start going fast now. Hang in there...

    4 Answers · Business & Finance · 08/10/2015

  10. There are 3 big credit reporting agencies. Unfortunately, you'll probably have to petition each one to remove it with proof of payment. Hopefully, you still have your payment receipt. Otherwise, you can probably pull it out of bank...

    4 Answers · Business & Finance · 21/05/2015

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