My Heloc mortgage co has gone bankrupt, now my equity is frozen. Will it remain that way?
Answers: Probably not. It is put on hold while the bankruptcy court makes a decision as to how the disposition of remaining assets will go. The lawyers will work it out with the court. Don't miss a payment though, as the debtors in charge could still foreclose on you if you did. Your mortgage will probably be sold to some other mortgage company. The new company will probably bid on your property at or just below market value. Once the matter is settled, your equity will be in place.
No, it's just temporary until your loan is sold to another mortgage company.
What is a right price scope for a house/condo or apartment for someone purely out of college?
Doesn't matter if its a rental or not . in recent times ballpark how much ...Answers: Need to know where in the past we can give a polite estimate. Ex: San Francisco is more expensive than Omaha.
I would look at how much your projected take-home income will be within the nouns that you live and where you intend to work. Your rent should not exceed 23-30 percent of your projected take-home income. The actual amount will alter depending on the cost of living in the nouns where you live and on your projected income.
Understanding actual estate?
I need to appreciate the real estate concepts.Sq ft , whats the stop with adjectives the real estate agencies/companies/firms, etc... You know, the undeclared of the trade for both employee and client.
Especially for Dubai. I know alot of those get big bucks out of this victorious business...
Contributions appreciated.
Answers: There are lots of good books on the subject. You can swot much more from them than you can get on this site.