Couple of questions. 1. If a bank repossess a property because the borrower can’t keep up with payments, what is the property sold for? The maximum they can get for it, or what is owed on the loan? 2. Can you do a vid on the benefits of a mortgage broker vs an individual doing their own research and “shopping” around for a good deal. 3. Can you explain the pros and cons for an offset account attached to a mortgage loan. TIA
1. I believe once repossessed a real estate has to sell it and their job is to get the max price for the property 2. Sure can - noguarantee on when i can make it happen though 3. I did a vid on offsets - ua-cam.com/video/hjRngXue404/v-deo.html
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Couple of questions.
1. If a bank repossess a property because the borrower can’t keep up with payments, what is the property sold for? The maximum they can get for it, or what is owed on the loan?
2. Can you do a vid on the benefits of a mortgage broker vs an individual doing their own research and “shopping” around for a good deal.
3. Can you explain the pros and cons for an offset account attached to a mortgage loan.
TIA
1. I believe once repossessed a real estate has to sell it and their job is to get the max price for the property
2. Sure can - noguarantee on when i can make it happen though
3. I did a vid on offsets - ua-cam.com/video/hjRngXue404/v-deo.html