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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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21 August 2024 | 5 replies
Why do you think purchase contracts are so long and have such small print?
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20 August 2024 | 4 replies
Why do you think purchase contracts are so long and have such small print?
21 August 2024 | 182 replies
The Fed did not cause housing affordability the government did by printing $7T.
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21 August 2024 | 26 replies
As Russel noted, this is all considerably due to the dollar losing its value—aka, this Country likes to print money!
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20 August 2024 | 21 replies
Some property managers charge a months rent just to renew the client so read the fine print.
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20 August 2024 | 64 replies
It had this printed in it “A great opportunity to purchase a property with unlimited potential.
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16 August 2024 | 14 replies
I've read that they take a security interest in your home and their fine print says they can call the amount at any time (though I'm sure other loans may say the same).
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19 August 2024 | 52 replies
Smart Agents &/ Brokers can print money from doing content marketing in these forums.