Foreclosures
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 16 years ago,
Secrets To Paying Of Second Mortgage
My dilemma continues. I think the secret lies in Having your buyer use the right lender and the right lawyer. I even prescreened the lenders atty.
CW is only agreeing to paying 2500 of the second note with BOA.BOA wants 5000 Total. BOA wants the additional 2500 to come outside of Closing. We cannot let CW know that we are paying the additonal 2500. Does anyone know if Quicken can write two seperate checks. One for CW. and then a seperate one for BOA. Or is it possible for the atty to cut a check to BOA for the second from the total. Just not list it on the HUD that goes to CW. Any suggestions. Greatly appreciated.
Thanks