Can you use your cemetery plot for collateral when borrowing money?
538300
No the banks cant sell it.
250265
Possibly yes after a person dies the debt collectors go after the estate. So if her name was on the deeds the might be able to. It is something to talk to a lawyer about.
3847
It can work.  Can strike a futures contract with 100,000 up front.  The problem is...who is going to believe you?  thats why you give collateral...but what will you work with?  and not every company is in the business to do pawning..you see what i mean?  I guess the other company has to be your friend......
434763
It depends on the state you are in and the use of the funds.  Often, these resources are tied to SBA loans or some type of CCDC marketable tax credits.  Basically, you would still have to personally guarantee the loan...same as any collateralized bank loan.  Check with your local SBA officer.  They can help you.
856678
If you follow the money. It flows right into the Tomb.\n\nI love the 5% interest they get on all the Money S&B Bush borrowed to play Toy Soldier.\n\nSo exactally how much interest do you get on a $300billion dollar loan???\n\nGo big Red Go
203450
that's pretty simple. Just ask whoever is in charge at the cemetery. They should know the answer. You could also plant a tree of remembrance in your own yard. My thoughts and prayers are with you in your difficult time.
780558
You can but why would you want to?  You'll end up owing the mortgage company money.
882667
It really depends on the laws of your state, but usually what happens when a person dies intestate is that the court appoints an executor who is responsible for liquidating all the assets of the decedent's estate.  Before any friend or family member gets any money or property out of the estate, the executor has to pay for any claims made against the estate.  As a result, whoever pays for the funeral and burial expenses can make a claim against the estate for reimbursement.  In this case, I would strongly advise you against getting involved if you're worried about how you'll be able to pay for it and whether your ex has enough assets to cover the burial/funeral expenses.  Doesn't matter if his brothers and sisters expect you to handle this or not -- you are under NO LEGAL OBLIGATION WHATSOEVER to stump up the cash for anything involving your ex.
357827
Yes, The property is used as collateral for the loan contract that you have with the lender. The lender can foreclose on the property to recoup there money that you owe in arrears.
356766
yes and no u can't borrow it
579371
With what you are telling me, my bank would probably do the loan using the property as collateral. You shouldn't have a problem obtaining the loan but the 640 score may get a little higher rate than a 700 plus score would.
116424
There is no law against it .. however, it all comes down to the lenders individual guidlines. Your best bet is to have your LO look at the guidlines, and or contact the underwriters, and find one that will allow it. \n\nThere are alot of ways around this problem ... If you have a good LO he will know what to do.
184212
Re phrase the question!\n\nI think you are asking if you should borrow from a line of credit to buy a portfolio of factored invoices(accounts receivables)?
937997
borrow from the grandparents
1000641
Why not? More importantly I will be concerned with the reliability of such a service. Since the bank will be holding a money pool, I will expect it to be registered with the local government and have a certain amount of capital locked in as collateral.
284008
I believe they can. However they would be secondary to the banks interest. Meaning when sold or foreclosed, the bank takes their money first.
33885
If your intention is to put as collateral only the property in Nigeria, only banks that have offices there would be willing to lend you; If you have properties in the country of the bank, you could get a HELOC to finance your purchases.