I am first time Home buyer,I m qualify 4 mortgage,Does it better to keep mortgage& title one name or both?
Answers: Its up to you and if It makes an impact on how you qualify by adding someone to the mortgage.
As for title, add a significant other or next of kin to avoid any legal issues should something happen to you and you have not legally left the house to someone
An interest rate on a consumer loan of 1.5% is most apt to be a(n) interest . day by day. weekly ,monthly, annualy?
you are presente with a right triangle , the dimension of side a is 2 inches and the dimension of side b is 4 inches.multiply the of side c.Answers: your answer is annualy. Intrest is always figure APR (ANNUAL PERSENTAGE RATE)
Trying to squeeze two homework question into one?
How are you going to cram if you don't think for yourself?
If 1.5% day after day, it would be 547.5% a year
If 1.5% weekly, it would be 78% a year
If 1.5% monthly, it would be 18% a year
If 1.5% annually, it would be 1.5% a year
Now which sounds like the right answer to you?
A house is held by a Living Trust. Does the Trust recompense annual material property toll or the denizen?
I think the grill said it all. But I could affix that the occupant is the Trustor. We enjoy been paying annual property taxes of $5k+. But since the "Trustee" have legal title to the house, should not the Trustee earnings this kind of ownership due? LOL I hope I haven't mixed "trustee" and "trustor" up! The house is held in Trust for my husband who is also the leaseholder of the house.Answers: My father had a living trust as resourcefully. His home was within the name of the trust. He salaried the property taxes until he passed since according to his trust, the trust was not liable for any expenses while he be still alive. Once he had passed, the trustees (his children) remunerated the taxes. We actually file for and recieved an exemption since the property passed to his children, in CA this is a endorsed exemption and we paid roughly 10% less than "normal".
It's probably a moot point surrounded by that the grantor (trustor) has to fund the trust anyway. Living trusts are habitually done for estate tax considerations--wha truly pays the property tax doesn't concern.