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11 June 2017 | 6 replies
The key was when I submitted a request to waive the occupancy requirements by the mortgage holder of my SFR.
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4 December 2014 | 16 replies
Your QI does this by creating a corporate entity referred to as the exchange accommodating title holder that takes title to the new property and then holds it until you sell your old property.
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12 June 2013 | 8 replies
http://darrae.com/public/note06052013.pdfHow does one ensure that the property address and parcel (crossed out) indeed under contract by the borrower and should there be a request to be the first lien holder instead of the second?
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17 July 2022 | 9 replies
Most note holders do not have any issues selling their notes in this market.
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15 July 2018 | 6 replies
Thanks Mr Depaoli,I spoke with them and below is the response:Freshcorp(company) will be the lien holder and I will have a operational agreement the allows /assign me to the deed.
14 August 2012 | 6 replies
The note holder needs to continue to make demands so that the perfection of the secuirty interest and amounts due remain due and doesn't become stale or abandonded, this should be coved in the purchase agreement as well.But if you foreclose you will have a collateral interest and may have to sell, any overage above the balance owed goes to the borrower.
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16 November 2015 | 10 replies
They may have to be ok with a personal guarantee or a lien against another property you own because the commercial lender will most likely want to be the ONLY lien holder (and when I say "want" I mean "require".
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8 February 2017 | 8 replies
. , another way to look at it is if the buyer cannot make the payments and the 1st position lien holder forecloses, what happens to your loan?
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6 January 2017 | 9 replies
Since the lien holder were served with paper regarding sale by firm representing the association I will be not held responsible for those liens.
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13 December 2017 | 8 replies
Another approach: If the equity is there talk to the holder of the first.