If the property is only worth $1 million and the current outstanding loan is $1 million, its not such a good deal.

But, things in this life are fleeting and your health can be taken by any number of means.

I've done things like forgive outstanding rent, pay the mover or put up the security deposit on an apartment.

In addition, the following clarification is being made for both limited cash-out refinance transactions in Part VII, Section 103.02 Limited Cash-Out Refinance Transactions and cash-out refinance transactions in Section 103.03 Cash-Out Refinance Transactions: • For a refinance transaction (either limited cash-out or cash-out) to be eligible for sale to Fannie Mae, there must be a continuity of obligation if there is currently an outstanding lien that will be satisfied through the refinance transaction, i.e. there must be at least one borrower obligated on the new loan who was also a borrower obligated on the existing loan that is being refinanced.

The escrow gal referred to above is likely confusing (a) the limitation on the number of outstanding loans with (b) the seasoning issue.

I have about 45,000 in outstanding student loans.

I'm 100% with Douglas.Detroit is an outstanding place to invest if you're investing strictly for cash flow.

Most CC are complying to federal guidelines which requires all of the outstanding interest for that period plus at least 1% of the outstanding balance.

Edit: If you know the area around Dayton, mike I'm sure you know how it kind of has an outstanding crime rate.

The media is doing an outstanding job of letting everyone know the present conditions of the current economy.