Can You Trade A Bike Your Making Payments On? A: Yes, you can. If you have positive equity on the motorcycle (as in it’s worth more than what you currently owe), you can trade it in easily. The dealer will purchase the motorcycle and pay off the loan, then they’ll put what’s left toward the
Does Repo Rate Affect Mortgage Rate? A rise or fall in the repo rate impacts both existing and future borrowers. This rate cut might get passed on to the customers by banks and financing institutions, which will translate into higher or lower monthly installments for various loans. Do mortgage rates go down when the Fed
Can A HUD Partial Claim Be Forgiven? Can a HUD partial claim be forgiven? The FHA works with approved lenders in the United States and agencies such as the U.S. Department of Housing and Urban Development (HUD) to offer HUD partial claim forgiveness. Homeowners can fall behind on their loan payments, and these options may
Can I Do A Cash Out Refinance On A Rental Property? Can I do a cash out refinance on a rental property? Investors are normally required to wait six months before refinancing a rental property. However, the delayed financing exception allows real estate investors who originally purchase a rental property with cash to do a
How Can You Repair Your Credit After A Car Repossession? Negotiate with your lender: Your lender loses money when they repossess. … File a dispute: If you go through your credit reports and see anything reported inaccurately about your repossession, you can dispute it with the credit bureaus. How do you get a repossession removed
Can I Refinance My Manufactured Home? Can I refinance my manufactured home? You can refinance a manufactured home and roll in the cost of converting the home and land into real property. For example, if you financed your home and land with the manufactured home company, you can pay off their loan and include the
Can I Refinance My Mortgage While My House Is For Sale? Can I refinance my mortgage while my house is for sale? It’s possible to refinance your loan if your home is on the market. However, finding a lender that’s willing to work with you may be difficult. Even if you find a lender willing
Can I Refinance If I Am In Foreclosure? Can I refinance if I am in foreclosure? Can I Refinance While In Foreclosure? It’s not possible to refinance while you’re in foreclosure. If you were to refinance, the best option is to be current on your payments and refinance into a more affordable payment before you’re
Can You Sell Your Home After You Refinance? Can you sell your home after you refinance? You can, technically, sell your home immediately after refinancing, unless your new mortgage contract contains an owner-occupancy clause. This clause means you agree to live in your house as a primary residence for an established period of time. How
Do You Have 3 Days To Back Out Of A Contract? Do you have 3 days to back out of a contract? Many states, like California, grant consumers a statutory “cooling off” period, typically three to five days, during which a consumer can cancel a contract for any reason by sending the seller a written