Quick and easy loan

I am following the strategy on how to settle your second loan.

I have been in this process for almost a year, but I have checked on Zillow and my house is now worth 412K, so this means that my loan is not underwater. The second loan was with Bank of America but I stop sending payments around September 2012.

After three months, I received a letter from BOA stating that the loan was transferred to Green Tree, and that I had to start sending my payments to them. I am following the strategy on how to settle your second loan. I have been in this process for almost a year, but I have checked on Zillow and my house is now worth 412K, so this means that my loan is not underwater. I recommend you contact a local RE agent who is familiar with your neighborhood and request a CMA. Although Zillow is often fairly accurate, they can be off depending on the area you reside. Therefore you may very well still be able to settle the account for a reasonable amount.

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Thanks for your posts. That represents the costs that GT would bear post FC to resell the REO property. Those costs include carrying costs, fixup costs, and cost to resell, including RE commission.

Needless to say, that amount will be higher for a more expensive property.

I recommend you contact a local RE agent who is familiar with your neighborhood and request a CMA. Although Zillow is often fairly accurate, they can be off depending on the area you reside. Therefore you may very well still be able to settle the account for a reasonable amount.

The letter states that I need to pay off the entire 65,000. The letter states that I need to pay off the entire 65,000. I have not received any settlement letter and house prices are going up. And that would only happen if the 1st completes a FC. The lienholder can action that lien regardless of the age Hello, Its been over 5 years since I have not sent payments to my second Mortgage. The loan has been sold many times, but recently it was sold to FCI Lenders Services Inc, Now I got a Notice of Intent. Hello, Its been over 5 years since I have not sent payments to my second Mortgage. The loan has been sold many times, but recently it was sold to FCI Lenders Services Inc, Now I got a Notice of Intent.

I guess this is the end, just waiting for foreclosure now.

Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain need money fast a short sale, forbearance, or walk away legally from their underwater mortgages. We took out a Second Mortgage with Indy Mac in 2005.

Indy Mac went out of business, account was sold to One West (I only know because of our credit reports). They never once contacted us regarding this account. We now want to sell the home and it is showing (as of last year) as Indy Mac on the title report. We are in WA state and I was told that if there had not been any inquiries in a certain number of years private lenders for bad credit personal loans it would have to be removed.

Any help on how to proceed with the removal of this from our title would be appreciated! My understanding is that even though it is closed, the lien on your property is still attached to the property. Hence, the second mortgage company still has a title interest in your home.

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney quick and easy loan to obtain advice with respect to any particular issue or problem.

The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Yes, it shows on the title report as Indy Mac Bank. How will they get paid at closing since they no longer exist? I spoke with an attorney a year ago and she said to file a Quiet Title Action after six years of One West Bank not reporting it to get it removed from the title. Today, I called another attorney who said that the closing will not take place until the title company can figure out who payday oans to pay. I have a potential buyer looking into their financing right now and need to take some action. Of quick and easy loan course, would just love to get it off of the title report. Have been current on the first mortgage and have a decent amount of equity in it that we are hoping to use to purchase a new home and make a fresh start. Yes, you could try a quiet title suit to remove a cloud on title which is this 2nd mortgage. Once you they have been served , they each have 20 days to file a response. If they do not respond, you would submit a Defaulted and a Motion for Final Judgment after Default. However, this will cost you a few thousand to do and they can still respond.

If they do which I think someone will, then you would still have to pay this lien off to get clear title. I think you mortgage is lost in the shuffle and once you try to sell or file a legal claim, this will force them to make it right.

I have never seen a 2nd mortgage lien just disappear and or be removed without being paid or settled. I wish I could give you more clear or better news, but I want to be realistic with you so you do not count on this vanishing and you having that equity. In other words, hope for the best, get loans online but count on the worst. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of quick and easy loan the firm or any individual attorney. Please Read our I believe my second is in a similar situation. It was insured by AIG and paid off (the previous lienholder was) before AIG was bailed out and it should have been negated by their having claimed it as a loss (right? Assuming one has filed many legal suits both as plaintiff and defendant and has experience with leal research and process of law, as a pro se litigant, would it still cost quick and easy loan so much? I know how to countersue against Caliber under the foreclosure docket number, but how do I add HSBC as a Countersuit defendant? I had tried to modify, got denied, had not been making payments. GMAC went out business and sold loan to Collection Co.. Shows charged off on credit report but even that is becoming buried on the report.. Yes, you could try a quiet title suit to remove a cloud on title which online cash loans for bad credit is this 2nd mortgage.

Once you they have been served , they each have 20 days to file a www cash advance response.

If they do not respond, you would submit a Defaulted and a Motion for Final Judgment after Default.

However, this will cost you a few thousand to do and they can still respond. If they do which I think someone will, then you would still have to pay this lien off to get clear title. I think you mortgage is lost in the shuffle and once you try to sell or file a legal claim, this will force them to make it right. I have never seen a 2nd mortgage lien just disappear and or be removed without being paid or settled. I wish I could give you more clear or better news, but I want to be realistic with you so you do not count on this vanishing and you having that equity. In other words, hope for the best, but count on the worst. We still have the house and have been researching who might have this loan so we can just sell the house!

Indy Mac became One West (they are the last ones to report on our credit report). After some digging (we have moved a few times in the past several years!

They never reported on our credit report, but One West did reporting account closed. Faslo changed their name to DTA I found and after more digging they appear to be out of business as well. I have searched and searched to see who may have taken over their accounts and have found nothing other than their former owners are now running completely different businesses. I feel I have hit a brick wall and quiet title is our only option. My question is , who do we serve in the quiet title action? Someone must be served to be given the opportunity to respond but nobody appears to be in business any more. Do we serve Faslo since they are the last known company to hold the loan?

Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Tried to sell before the dam failed and got no offers. The hurricane that contributed to the dam failure (it was deficient for years and could have gone anyway) also caused damage to the house which while repairable is not in his ability.

Given the lake situation, no bank is likely to grant a mortgage to any buyer even if we could find one.

With two banks, each owed the same, a short sale is very unlikely.

I was convinced that walking away was his only option. Then my niece and her eventual husband expressed interest. If he walks away, the 2nd will never get paid free loan given the remaining size of the first. I specialize in renovation and construction ground up loans for situations like these.

The great part about renovation loans is that the home value is based upon After-Improved value which gives you more flexibility on what you can do. Since 2007, the 24 hour cash advance LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages.

My original loan in 2005 was under Fannie Mae, since then it got sold 2 separate times to investors and is not currently under Fannie Mae. My loan is currently w Wells and I was advised that only my current loan situation is a factor. Now everything looks good on paper financially but I still have the 65k and 6. So if you can afford to make the current payment, you are not eligible. You are only eligible if you cannot make the current payment but can make the payment once they modify the loan rate which reduces the payment.