Search results
Results From The WOW.Com Content Network
If you're considering buying a home and you already own one, a piggyback loan may be a viable option. However, taking on a second mortgage isn't for everyone. Related: Grant Cardone: These Will Be ...
Second mortgages, commonly referred to as junior liens, are loans secured by a property in addition to the primary mortgage. [1] [2] Depending on the time at which the second mortgage is originated, the loan can be structured as either a standalone second mortgage or piggyback second mortgage. [3]
Trailer on flatcar, also known as TOFC or piggyback, is the practice of carrying semi-trailers on railroad flatcars. TOFC allows for shippers to move truckloads long distances more cheaply than can be done by having each trailer towed by a truck, since one train can carry more than 100 trailers at once. [ 1 ]
Piggy-back or piggybacking also applies to contracts issued by individual governmental entities that allow other jurisdictions to use the contract (i.e., to “piggyback” on the contract terms and prices) they established. The contracting jurisdiction must include piggyback language in the contract, and the vendor must agree.
The Compliance Supplement suggests verifying that the property acquired is appraised by qualified independent appraisers, the appraisals are examined by a review appraiser to assure acceptability, and that after acceptance, the review appraiser certifies the recommended or approved value of the property for just compensation to the owner.
Piggybackers have various methods of breaching security. These may include: Surreptitiously following an individual authorized to enter a location, giving the appearance of being legitimately escorted
Piggyback trucking. For semi trucks the trucks can be stacked 4 deep if it is just a day-cab truck and only 3 deep if it has a sleeper-cab.The trucks drive up a ramp or are lifted into place by a tow hook on the front bumper, from a heavy-duty tow truck or overhead crane.
Truth in Lending Act; Long title: An Act to safeguard the consumer in connection with the utilization of credit by requiring full disclosure of the terms and conditions of finance charges in credit transactions or in offers to extend credit; by restricting the garnishment of wages; and by creating the National Commission on Consumer Finance to study and make recommendations on the need for ...