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No. A cosigner is not a co-owner of the property simply by signing the loan contract. They must specifically insist that they be added to the title. Otherwise they have promised to pay for property they do not own if the primary borrower fails to pay.No. A cosigner is not a co-owner of the property simply by signing the loan contract. They must specifically insist that they be added to the title. Otherwise they have promised to pay for property they do not own if the primary borrower fails to pay.No. A cosigner is not a co-owner of the property simply by signing the loan contract. They must specifically insist that they be added to the title. Otherwise they have promised to pay for property they do not own if the primary borrower fails to pay.No. A cosigner is not a co-owner of the property simply by signing the loan contract. They must specifically insist that they be added to the title. Otherwise they have promised to pay for property they do not own if the primary borrower fails to pay.
If the property is currently under contract the seller may also take back up offers in many states. If the current accepted offer fails to close for whatever reason the back up offer would then move into place.
contract is terminated
by definition, a foreclosed property has to have someone file the foreclosure usually due to them being owed money and the property is security on the property. This is not cheap or free. Hence, there is always a "buyer" out there which is often the lender.
When a party fails to perform under the contract
When MBR fails then the operating system will not load.
No. If the person you are entering the verbal contract with fails to include information that would change your mind on entering the contract, the contract will not be valid. It is considered a voidable contract which means that you are at liberty to either accept or deny it. Intentional misrepresentation, not including puffery, in order to form a contract is fraud.
it's not a property management duty to pay HOA fees, it is owners duty,but property management Co may be able to pay due to HOA from the proceeds of the rent collected by them..if owners agreed and notified and if HOA can't locate the owner and know the property managed by Company ask manager to help with this matter firs and no help,then post lien (A claim against the property of another person for payment of some debt or obligation that the person owes to the claimant) on the property..
Breach of contract may be charged if either party fails to comply with the terms of a legally valid contract.
See http://www.fivecentnickel.com/2008/09/22/what-happens-to-your-mortgage-if-your-bank-fails/
Try it
You will have to go to a doctor.