I've got news for ya. You already did. When you purchased the property. You signed two documents. The mortgage. That created the lien and gave the lender the right to foreclose on your property (their collateral). And, you signed a promissory note. That was/is your personal promise to pay back the money you borrowed.
The Short Sale releases the lien (mortgage). It may or may not…
ContinueAdded by Bryant Tutas on March 25, 2010 at 11:00pm — 1 Comment
Hi Folks. Recently I have had two Buyers balk at providing me personal info I need if they want to purchase a Bank of America Short
Sale. I really do understand where they coming from but....most of the
big lenders including Bank of America and GMAC are now running most of
their short sales through http://www.Equator.com.…
Added by Bryant Tutas on March 20, 2010 at 2:07am — 8 Comments
Hi folks. If you deal with short sales on a regular basis then you probably know by now that most of the major lenders are now requiring the transaction to be
processed through the Equator
system. …
Added by Bryant Tutas on March 8, 2010 at 2:30am — 8 Comments
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