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Updated about 4 years ago on . Most recent reply

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Abdenour Achab
  • Investor
  • Folsom, CA
8
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77
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Demand for Payment Template

Abdenour Achab
  • Investor
  • Folsom, CA
Posted

I hold a promissory note secured by a real property in California. The owner is in the process of refinancing, and the refinance mortgage company is asking me for a Demand for Payment letter.

1) Do you know of any good template letter to use?

2) I have NoteSmith Pro 2016. I am familiar, but not proficient with it. I was able to use it to get the payoff amount. Is NoteSmith Pro 2016 capable of generating the demand letter? If so, how do I do that? Support for the product has expired.

3) If I remember correctly, from past readings a decade or so ago, I can add a $75 reconveyance fee to the balance, interest and late payments. Is that still the case?

Most Popular Reply

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17,938
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Chris Seveney
  • Investor
  • Virginia
15,434
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Chris Seveney
  • Investor
  • Virginia
ModeratorReplied

@Andy Mirza

Great site

  • Chris Seveney
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7e investments
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16 Reviews

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