A loan modification is nothing more than an agreement between two parties to modify the terms of an original contract. In the case of a mortgage loan modification, the contract in question is a mortgage contract. Since the agreement is between two private entities, the borrower and the lender, the terms of the contract may be modified as many times as both parties are willing to agree to. Since the answer to the question can you get more than one modification on a mortgage loan is yes, many borrowers have some hope if they are trying to save their home
Continue readingBuilding a New Home Knockdown and Rebuild!
Did you know that knockdown and rebuild has become a popular option than buying a new house and lot or renovation? It has become a popular approach for families who want to build a new home without leaving their old home and favorite suburb. Just imagine building a house of your dreams right exactly where you are. And the cost of building a new home using the knockdown and rebuild option is half less than the cost in renovating and is 75% cheaper than buying a new house and land in a new location. So if you are ready to
Continue readingThe Difficulty Of Taking Out A Second Home Mortgage
Good news: the current scenario for second home mortgages is now more relaxed than the previous years. The boom in real estate has made the bank rush on the second home market once again. Thus competition for this area is heightened, which gives the buyers more chances to take on a second home mortgage. Lenders would want to explore the second home market since most people who want to buy one are more affluent and has more capacity to pay. Here are easier ways to get second home mortgages: HOME EQUITY LOAN You could turn your home equity into cash
Continue readingCondominium Ownership Document And Address Registration Tabien Baan
Foreigners buying a condominium in Thailand will receive 2 official government issued documents related to the condominium. 1 the condominium ownership title deed 2 the condominium house registration book Each condominium unit has a unit title deed issued by the Provincial Land Department or its branch office and a Tabien Baan or House Registration Book issued by the local municipality. The condominium unit title deed is the official ownership document and its use id proof of ownership. The apartment’s house book primary use is registration of the unit and it’s address and verification and registration of a Thai person’s address
Continue readingRoger Humphrey of Chester, NJ Explains Corporate Real Estate and Facilities Management
According to Roger Humphrey of Chester, NJ, corporate real estate is the property held or used by a business for its own operational purposes. The term -facilities- refers to anything having to do with the building facilities including heat, water, repairs and lawn care. A corporate real estate and facilities manager, like Roger Humphrey of Chester, NJ, is responsible for the coordination of space, infrastructure, people and organization of all buildings and facilities for his company. A corporate real estate portfolio like the ones that Roger Humphrey of Chester, NJ manages typically include a corporate headquarters and several other buildings
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