Jump to content

If you lost your home in a wildfire, what happens to your mortgage?


Recommended Posts

Posted

Avaru mortgage pay cheyaka pothe chapter 11 choice unnadli kada 

so recession trigger ayithadi

Posted
59 minutes ago, fasak_vachadu said:

Avaru mortgage pay cheyaka pothe chapter 11 choice unnadli kada 

so recession trigger ayithadi

chapter 11.

in case if the house mortgage is on Trust - ne trust lo vere accounts kuda unte (trading, bank etc) - avanni lagestaru.

in case loan is on ur name / or joint account - iddari bank accounts, trading accounts,  all assam except retirement accounts okate safe.

Posted
41 minutes ago, Spartan said:

chapter 11.

in case if the house mortgage is on Trust - ne trust lo vere accounts kuda unte (trading, bank etc) - avanni lagestaru.

in case loan is on ur name / or joint account - iddari bank accounts, trading accounts,  all assam except retirement accounts okate safe.

If they leave the house and go away?

Posted
3 minutes ago, 11_MohanReddy said:

If they leave the house and go away?

mortgage company will sell off the home, and if they did not recover the amount,

they can trace you back anywhere within US.

but if you leave country then its not worth for them

Posted
57 minutes ago, Spartan said:

mortgage company will sell off the home, and if they did not recover the amount,

they can trace you back anywhere within US.

but if you leave country then its not worth for them

What about foreclosures

Posted
1 hour ago, Pavanonline said:

cash unte cheap ga konochemo ipudu land

Land is always cheap in the US compared to House price. India laga reverse kaadu.

Posted

unfortunately they dont have a choice, they have to pay their loan 

Posted
2 hours ago, Jatka Bandi said:

Land is always cheap in the US compared to House price. India laga reverse kaadu.

Not in big cities, see that video land is 2/3rd of house price anta 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...