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Updated over 4 years ago on . Most recent reply

User Stats

30
Posts
19
Votes
Donald MacMillan
  • Investor
  • Southern Maine
19
Votes |
30
Posts

Mortgage Payoff Statement on Subject-To?

Donald MacMillan
  • Investor
  • Southern Maine
Posted

Hello, 

How do you get a mortgage payoff statement when refinancing or selling a property acquired through a subject-to? What if the mortgage holder is not cooperating? Mortgage companies can not disclose information about the loan to anyone but the lien holder. Do you get a disclosure authorization upfront as part of the deal and leave the date blank?

  • Donald MacMillan
  • Loading replies...