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Updated over 8 years ago on . Most recent reply

User Stats

309
Posts
100
Votes
Sandy Uhlmann
  • Investor
  • Jefferson City, MO
100
Votes |
309
Posts

Loan Mods: Do you have them recorded?

Sandy Uhlmann
  • Investor
  • Jefferson City, MO
Posted

I am in the process of purchasing a small performing first.  Collateral seems to be intact except that I noticed that the loan mod from 2011 was never recorded.  Is this ever an issue?  Is this normal for it not be recorded?  If I were to get it recorded at this point in time does that create issues also given that it has gone through at least 2 other owners (thus 2 assignments of mortgage) since the mod was originated?

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