All You Need to Know About Foreclosure
Business & Finance, Industries & Professions, Real Estate, Finance & Investing, Nonfiction, Home & Garden, The Home
| Author: | Ade Asefeso MCIPS MBA | ISBN: | 9781471716409 |
| Publisher: | AA Global Sourcing Ltd | Publication: | April 21, 2013 |
| Imprint: | http://www.lulu.com/shop/ade-asefeso-mcips-mba/all-you-need-to-know-about-foreclosure/paperback/product-16069633.html | Language: | English |
| Author: | Ade Asefeso MCIPS MBA |
| ISBN: | 9781471716409 |
| Publisher: | AA Global Sourcing Ltd |
| Publication: | April 21, 2013 |
| Imprint: | http://www.lulu.com/shop/ade-asefeso-mcips-mba/all-you-need-to-know-about-foreclosure/paperback/product-16069633.html |
| Language: | English |
Foreclosure happens when the bank or the lender sells or repossesses a property used in the mortgage loan, or a deed of trust, in which the owner fails to comply with his or agreement with the bank or lender. It is always important for the borrower to know the terms and conditions of the mortgage loan. Knowing information like interest rates, deadlines of payment, and other agreements and conditions between the lender and the borrower helps to avoid the risk of foreclosing the property to the lender.
Foreclosure happens when the bank or the lender sells or repossesses a property used in the mortgage loan, or a deed of trust, in which the owner fails to comply with his or agreement with the bank or lender. It is always important for the borrower to know the terms and conditions of the mortgage loan. Knowing information like interest rates, deadlines of payment, and other agreements and conditions between the lender and the borrower helps to avoid the risk of foreclosing the property to the lender.
