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21 August 2024 | 18 replies
Although it's expensive, it effectively keeps us top of mind with our sellers and buyers, providing features like email open rate tracking and call recording.
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20 August 2024 | 2 replies
This can be an extremely time-consuming and frustrating process but needs to get done.Borrower Calls – Once the servicer finds your borrower, they’ll make scheduled collection calls notating what transpired and what actions need to be taken.Collection Letters – A variety of collection letters are mailed out based on the delinquency of the borrower.Borrower Statements – Print and mail out monthly borrower statements.Incoming Funds from Borrowers– Any incoming funds from the borrowers will be received, recorded, and distributed to the investor, less the servicer’s fees.Year-End Tax Information – At the end of the year, the servicing company will print out all eligible borrowers who have made interest payments greater than $600.
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20 August 2024 | 50 replies
They are not superior to liens they only would be superior if they were recorded prior to the mortgage.
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20 August 2024 | 4 replies
Additionally, strong credit, a solid track record in similar projects, and a well-detailed plan for the rehab can also improve your chances of securing favorable financing terms.
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20 August 2024 | 21 replies
Yes, this theft is recorded with the police.
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20 August 2024 | 7 replies
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20 August 2024 | 5 replies
I have started using a spreadsheet but I would like something that makes it easier to keep track of when I have sent the owners a letter or postcard etc; also to attach a picture of the property and some pdf's of county record documents.
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21 August 2024 | 7 replies
It seems to me that based on neighbors and other peoples experiences with them, they will specifically target and take on people with criminal records and pets who don’t have a lot of options on rentals.
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20 August 2024 | 3 replies
We were able to overcome it by providing proof that we paid, and were completely responsible for the loan and had recorded documentation to prove it (letter to lender attached below - (side note this was for a VA loan so we used an agreement for sale in this case).
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20 August 2024 | 7 replies
BCC yourself on the email and keep as a record.