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avoidrisk of mortgage

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alvinajohn Joined: 25 Dec 2011 Posts: 38 7.96 Dollars($)	Posted: Sun Dec 25, 2011 2:47 am    Post subject: avoidrisk of mortgage Like 0 Dislike 0 you can avoid risk of mortgage by prior mortgage insurance. when you r going to document the mortgage contract avoid compounding interest and make insurance prior to your mortgage contract! _________________ www.foreclosures-gov.ca
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Sun Dec 25, 2011 9:17 pm    Post subject: Like 0 Dislike 0 Hi alvinajohn, It is true that mortgage insurance is a great way to avoid the risk of defaulting on mortgage payments. You can contact your lender and he will help you in getting a mortgage insurance. Thanks
alvinajohn Joined: 25 Dec 2011 Posts: 38 7.96 Dollars($)	Posted: Mon Jan 23, 2012 6:06 am    Post subject: ? Like 0 Dislike 0 is escrow company do the same thing like mortgage insurance? _________________ www.foreclosures-gov.ca
Pete Kolackovsky Guest	Posted: Wed Mar 07, 2012 2:53 pm    Post subject: Like 0 Dislike 0 Hey alvinajohn, Escrow is how the mortgage company guarantees that they receive payments. They don't want to leave it up to the borrower because if you don't pay taxes, the government can actually take the property, making it extremely hard for the lender to get their investment back. Like mortgage insurance, you may be required to have it; that's how they make sure that you're making payments. Hope this helped
petekolackovsky Joined: 14 Sep 2011 Posts: 53 Location: Calgary, AB 247.79 Dollars($)	Posted: Wed Mar 07, 2012 2:55 pm    Post subject: Like 0 Dislike 0 "Hey alvinajohn, Escrow is how the mortgage company guarantees that they receive payments. They don't want to leave it up to the borrower because if you don't pay taxes, the government can actually take the property, making it extremely hard for the lender to get their investment back. Like mortgage insurance, you may be required to have it; that's how they make sure that you're making payments. Hope this helped" Sorry, that was me that replied, i was not signed in. _________________ Pete Kolackovsky Mortgage Consultant http://www.mortgage-calgary.com
skydendredge Joined: 22 Jul 2011 Posts: 69 12.09 Dollars($)	Posted: Sat Mar 24, 2012 4:21 am    Post subject: Like 0 Dislike 0 A mortgage insurance is an insurance policy which protects the mortgage lenders from the losses occurred due to default on the mortgage loan. You need to contact your lender regarding this.

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