How can be Mortgage Transfer to a New Owner?

Q: If a friend who’d never heard of amortization before asked you to explain how loan payments work,…

A: Amortization is a technique used in accounting to decrease the book value of such a loan or…

Q: How can mechanics’ liens achieve priority over first mortgages that were recorded prior to the…

A: Mechanic’s liens get the priority over the first mortgages when they depend on the state recording…

Q: Explain Early Buyers of Mortgage Loans?

A: Mortgage loans are secured loans that can be availed for obtaining a huge loan amount by providing…

Q: What is a mortgage note?

A: Long-terms notes payable: Long-term notes payable represent a legal and written promise made by the…

Q: Consider the mortgage term PITI. What do the last two letters stand for? title insurance taxable…

A: Many mortgage lenders estimate PITI for the insured person before they decide whether he qualifies…

Q: Explain the purchase-money mortgage?

A: Purchase-money mortgage: A purchase-money mortgage is a loan delivered to the debtor by the vendor…

Q: What dangers are encountered by mortgagees and unreleased mortgagors when the property is sold…

A: Borrowers mortgage their properties or assets to provide guarantee for repayment of loan to the…

Q: What is a mortgage-related security?

A: Mortgage-related security: A mortgage-related security is a kind of asset-backed security which is…

Q: Define Mortgage payable.

A:

Q: Explain Mortgage-Equity Approach?

A: Mortgage-Equity Approach: It has advanced for quite a while. It is a numerical technique, in view of…

Q: A loan to purchase real estate in which the real estate itself serves as collateral is a ____ loan.…

A: C. MORTGAGE LOAN In Mortgage Loan real estate or property as Kept as security.  Mortgage is a…

Q: Explain the difference between conventional mortgages, reverse mortgages, and second mortgages.

A: Difference between Conventional mortgage ,reverse mortgage , second mortgage Mortgage Mortgage is a…

Q: Give an example of a real estate mortgage and chattel mortgage. What are the obligations being…

A: The term mortgage refers to the loan taken by an individual for which the individual has put some…

Q: Explain Residential Mortgage-Related Securities?

A: A types of security which is backed up by single or group of mortgages is known as Mortgage-based…

Q: When one examines a REIT investment, why it is important to consider the terms of the company’s…

A: REIT stands for Real Estate Investment Trust. It manages and operates properties that generate gain…

Q: Explain the difference between a buyer assuming the mortgage and a buyer taking title “subject to”…

A: The buyer assuming the mortgage: The buyer assuming the mortgage means the purchaser takes on…

Q: Why is a mortgage a good debt?

A: Mortgage is typical loan given for purchase of home and ownership is reserved with financial…

Q: What is meant by mortgage foreclosure, and what alternatives are there to such action?

A: A mortgage refers to a debt instrument which is secured by collateral of a piece of land or a real…

Q: What are the various types/methods of mortgages.

A: The various types of mortgages as follows: Fixed rate mortgage:  In a fixed rate mortgage, the money…

Q: What is the total interest paid over the life of the mortgage?

A: Answer to Question: Total Interest paid over the life of the mortgage=89,984.94 (Refer Workings)…

Q: What is a mortgage?

A: Mortgage : Mortgages  is referred to the long-term debts owed by the business that are secured with…

Q: Explain Assumption of Mortgage?

A: An individual can obtain loan by mortgaging its property to the lender. The property is said to be…

Q: Describe some of the motives and mistakes made by the mortgageoriginators?

A: The mortgage broker did not fix a target. Without a clear aim for the year, couriers can transfer…

Q: What is the Relationship of Note to Mortgage?

A: Relationship of Note to mortgage Document of Mortgage acts as a promissory note. A promissory note…

Q: Illustration the mortgage for future advances?

A: The question is based on the concept of mortgage or security used for line of credit for future…

Q: Consider the mortgage term PITI. What do the last two letters stand for? (a)title insurance…

A: Mortgage is a legal arrangement under which a bank, building society, etc., in return for taking…

Q: Explain Acquiring Title “Subject to” a Mortgage?

A: Utilizing any real estate or property as a surety for obtaining any kind of loan is known as a…

Q: Explain The Mortgage Instrument?

A: The question is based on the concept of mortgage, which is  a contract between lender and borrower.

Q: is the importance of Mortgage Marke

A: Mortgage market is the place where you can get loans to buy the home and where you can buy or sell…

Q: Explain Types of Mortgage Debt and Other Obligations?

A: Introduction: Mortgage is nothing but an instrument of debt that the creditor is obliged to pay off…

Q: Define The Mortgage?

A: Mortgage : It is a debt instrument or legal agreement or loan, borrowing the money from lender (…

Q: Why might a borrower be willing to pay a higher price for a home with an assumable loan?

A: An assumable loan is a  loan that can be taken over by a purchaser, who may then continue making…

Q: Given the role of the loan originator in the securitization process of a mortgage loan described in…

A: Securitization: A process of combining various financial assets and then selling this pool to…

Q: Explain the Interests That Can Be Mortgaged?

A: A mortgage is a loan taken by the borrower either from a bank or any financial institution by…

Q: In what ways is a CMBS structure different from a CMO backed by residential mortgages? Why

A: Mortgage-backed securities: The securities that are secured with mortgage or pool of mortgages are…

Q: Which alternative should the borrower choose, assuming he will own the property for the full loan…

A: Mortgage: It is the loan taken for the purchase of a house or any specific land or other sorts of…

Q: Is real estate mortgage a real contract?

A: When two parties are get into contract for the purpose of sale and purchase in order to agreeing…

Q: Which Property can be Covered by a Mortgage?

A: Mortgage is a financial debt instrument signed by the borrower when he borrows money from the lender…

Q: Under what conditions might a property with an assumable loan sell for more than comparable…

A: Property along with the assumable loan is expected to be sold for more than the comparable property…