They do not know how to balance a checkbook.

The value of the note is its PAR value, the balance owed, so no appraisal admin issues.

They are very different and become complex when you try to find the balance between the two.

The information he provided includes the following information:Address, City, State, Loan Date, Rate, Term, Last Payment, and Balance as of 04/30/13.

If you're in a higher rate, higher balance situation and underwater, this could still possibly work, just not as beautifully as the other lenders are doing.

If you make extra payments, either at the same time as a full payment or within the same period, the extra payment will reduce your principal balance.

Most of these are online bill pay service but also great for budgeting because it shows all of your account balances and transaction history in one secure spot.

This will provide you accurate cost-to-cure figures as of, and good thru, a certain date 2) Request for Beneficiary's Statement of Condition - this will provide you the total outstanding debt balance, including unpaid principal, amount and number of remaining payments, etc. 3) Promissory Note - although the borrower may have this, people in foreclosure tend not to be well organized (really?).

There is a fine balance to all of this..

You make balance, 130K - 121K net to you is less due to making PITI payments til resale happens.