But if the business is ongoing, they borrower may be counting on the bank extending their loans each time they're due.  

Mortgage Rates Highest in a Month TodayMortgage rates continued heading higher at a fairly quick pace today, extending the move that began after yesterday's Fed Announcement.

There is also Owners extended coverage which will insure over all deleted items in exceptions, thus providing greater insurance over all unfound items during title search.

Wrap around the existing financing a new mortgage, amount = ($991K - 10% down payment $99K)Figure out mortgage payment at this linkhttp://www.bankrate.com/partners/sem/mortgage-calc...30 year term, 6% interest, balloon in 3 years forcing buyer to refinance.Agree to extend mortgage terms 24 months if property does not appraise for $991,000See mortgage broker.

I would like to extend a warm welcome to you as well.Looking forward to sharing insights with each of you in the forums.                                 

I've seen decorative, fake, ridge beams extended from the exterior under a gable(s) of the roof, as if the ridge of the roof was supported by a beam with a unique cut in the ends, not large, just noticeable.  

That theory extends beyond my experience at this point, but initially I would find an attorney that knows what he is doing and get it done right.

An extendable umbrella!!

I wouldn't mind purchasing a rental home so a few of my extended family can have a more comfortable living situation, but if I can hedge against inflation, take advantage of low-interest credit, and rely upon them to meet, or exceed, my monthly capital requirement--mortgage payment, capital expense account, etc.

Otherwise, a motivated estate seller should determine if permitting the foreclosure is beneficial or a third party sale would benefit the estate more.To the foreclosing lender, it's pretty much the same dead or alive.thanks for the response. thesituation is the following. 1st mortgage in the amount if 48K, 16k left to pay off. no other liens. market value of the property - probably around 45K. the opening bid will be around 18K (mortgage balance + attorney cost), could be less ...you never know what plaintiff's attorney will come up. it will be sold probably for 25-30K at the most. its non owner occupied. the owner died. so possession of the property will be a challenge. in IL it means 90 days notice then eviction ..could be a year easily. that's a standard. question I have is : can probate mud the water and do something in court to extend the process of possession another year or two OR once the sale is confirmed by the judge the probate cannot do anything to postpone the possession?