All Forum Posts by: Linda Kimbell

Newbie here, still looking for loan servicing company & found PLM in ca. They charge a lot more but seem to do more like NOD & foreclosures which I'm not familiar with. Anyone have any information or has used their services. Also VIP Trust Deed out of Glendale, ca?

Hi BP, newbie & I’m looking for a note servicing center in California for one loan. Can anyone tell me anything about the Note Servicing Center in Chowchilla or Unified mortgage loan serving or VIP Trust Deed? It’s first time & each one seems very different. The only one of these with online access is Note Servicing Center, not sure it matters?? Thanks for any information.

Hi, I’m brand new to owner financing. I sold a property where I am the successor trustee. I have a standard Dot & a PN. Unfortunately I didn’t have a lawyer look anything over prior to the sale & just listened to my realtor. It was assigned immediately while in escrow. Now I have an owner who has had had 2 fire insurance cancellations. It’s a commercial property with 1947 year old house/garage/workshop & she’s saying she lives there but doesn’t. This insurance policy cancels October 12, 2018. I sent her a certified letter yesterday saying to avoid foreclosure or any other action she must provide proof of insurance on or before October 12 & if not renewed I have no alternative but to FP a policy. Is this the correct thing to do? If she doesn’t provide insurance & I don’t think she will do I send her a bill for the insurance & then can I foreclose. Thanks so much for any advice