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Wednesday, May 23, 2012. Good Job Merced City Council! What many people do not know is that when you sign a deed to buy a house, the bank is loaning you money for that house based on collateral. Collateral being the house that you are signing the papers for. Although these tenants never signed that deed, their landlord did. Why would banks loan money to anyone from this point on if they have no collateral? Have a great day and God bless! Wednesday, August 17, 2011. Monday, August 15, 2011. No thanks.CONTENT
This web page mercedmatters.blogspot.com states the following, "Wednesday, May 23, 2012." We saw that the webpage said " Good Job Merced City Council! What many people do not know is that when you sign a deed to buy a house, the bank is loaning you money for that house based on collateral." It also said " Collateral being the house that you are signing the papers for. Although these tenants never signed that deed, their landlord did. Why would banks loan money to anyone from this point on if they have no collateral? Have a great day and God bless! Wednesday, August 17, 2011. Monday, August 15, 2011."