If the buyer knows what you intend to do. Any smart buyer is going to want to look at a clear title before he/she makes any kind of payment to you. It is something you can't hide from the purchaser, but you can hide it from the bank.
As described by Wikipedia "A soft probe is a confirmation method used by banks to verify funding for a seller from a buyer, conducted by the seller's bank to the buyer's bank. Such a probe is not recorded in the buyer's banking information, and usually nothing but confirmation or lack of confirmation is recorded by the seller."Seller sends a soft document to buyer's bank to make certain buyer has enough funds or financial facility to complete transaction between them.
Yes, and no they do not need be on the title. But remember if you borrow money from the the cosigner make sure to get clear gift allotment numbers and make sure to find out asap if the bank needs the money to be aged or not. yes!
I don't think so. The co-signer is not the registered owner and has no claim to the vehicle. Only the bank or the loan company (which lends the buyer the money and holds the vehicle title until it's paid for) can repossess. The co-signer just guarantees the loan. If the buyer defaults, the bank will come after him to make payments.
Bank + Money = Debt Money+ House = Bank Gold + Paper= Money
the bank of canada lost money
Combine money and skyscraper to make a bank.
No, you can still earn money. You just won't get any physical money in your bank account until you make AdSense account.
Money + Human = Bank
Money + Human = Bank
A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
Banks make money off of the interest that comes from loans. When someone takes out a loan, he pays back more money than he borrowed. That money becomes the bank's profit.
You may have a deed to your land but the government can take your land and your money. It still belong to them. If they like they can condemn your land and give you nothing or they can make you a offer. Anyway yes, they can take your money or a per cent from a bank if deemed for the need of a country..