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Chattel Mortgage on Mobile Home

Chattel Mortgage Form With Balloon In Philadelphia

Category:

Loans and Lending - Chattel Mortgages

State:

Multi-State

County:

Philadelphia

Control #:

US-0007BG

Format:

Instant download

Description

A chattel mortgage is a term used to describe a loan arrangement in which an item of movable personal property is used as security for the loan.

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FAQ

No, balloon payments are usually a bad idea if you are buying a home that you plan to live in for any length of time. They add a level of risk and variability to home ownership that doesn't make sense. If you can't afford the payments on a fixed rate mortgage, you can't afford the home and should walk away.

How can I obtain information about liens and judgments? Where can I obtain property tax information? You can obtain tax information from the Office of Property Assessment (OPA) 601 Walnut Street .phila/OPA or the Department of Revenue located in the Municipal Services Building., 1401 JFK Blvd, concourse level.

To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.

Checklist: Preparing and Recording Your Quitclaim Deed Fill in the deed form. Print it out. Have the grantor(s) and grantee(s) sign and get the signature(s) notarized. Fill out a Statement of Value form, if necessary. Get the Uniform Parcel Number (UPI) on the deed certified, if required by your county.

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A balloon mortgage is a popular financing solution where individual payments are not amortized throughout the duration of the loan. This form is furnished to give you a statement of actual settlement costs.NEW: The Pennsylvania Homeowner Assistance Fund program has reopened. Find out what you need to apply and submit your application today. Mt. Airy CDC's First-Time Homebuyer Fund (Fund) is a program to help lower-income first-time buyers with down payment and closing costs when purchasing a home. Want to get started? Follow this link and fill out the form to get connected with a Loan Originator in your area today! To start the Pre-Qualification process online just complete the form below.

Chattel Mortgage Form With Balloon In Philadelphia

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FAQ

Is balloon financing a good idea?

How do you find out if there is a lien on a property in Philadelphia?

How do I add a name to a deed in Philadelphia?

How to file a quit claim deed in Philadelphia?

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