Natalie Schanne
When are private mortgages released? Construction Lien / 2nd mort
When and how do you "release" a private mortgage with a payoff from a buyer? Does the escrow company handle this? Is it possible to get tricked into releasing it without being paid?I have a construction lien on a prop...
Account Closed
Fund not released to seller 6 monther after agreement
Good morning,I have a complex situation that is very strange.I closed on a property in Alabama (I am the buyer) in February and the money is still in Escrow at the attorney.The reason for this is "apparently" after th...
James Haig Streeter
CA Buyer in Default Refusing to Release Earnest Money
I recently sold my CA home, with the initial accepted offer being 7% over asking, with all contingencies removed from the outset. After paying the standard 3% earnest money into Escrow the buyer then cancelled the co...
Millie D.
Screening; does "released" mean a judgment was paid off?
I have a potential tenant--excellent all around except she has a judgment on the background screening. It shows the date and a "release" date. Judgment is from 2008, release date 2010. Does that mean it has been paid ...
Stephen Sloane
All In One Loans to release equity on rentals...
Hey folks, I have a five-unit rental in Riverside, CA. Getting a HELOC on that rental has proven very difficult. I'm not familiar with All-In-One loans, but they could be the ticket for borrowing against rental units....
Jeff Goldberg
Buyer won't sign Mutual Release Agreement - okay to continue?
Hi BPers!I live in OHIO I have a tough situation. I was in contract to sell my home to a buyer (#1).During the contract period I was offered (from a previous potential buyer #2) much more to purchase my home. Obvious...
Arthur E.
Prev property mgmt company charging to release prorated rent
To be honest with you I thought I had gotten the prorated amount of rent for August when we closed on 8/14/15, but this wasn't the case. Being that this is my first deal I probably should have paid a little bit close...
John Rovin
Pending Release on Previous Owner Mortgage - Title Search Question
Hi Community,I am looking at a property which is foreclosed.It had below events on property:1\1\1999 Deed of trust -- Owner1 -- ABC Mortgage1 (Subsequently Released)1\1\2000 Deed of trust --Owner1 -- XYZ Mortgage 2\1...
Brian Carr
Release contract at the end of Lease Option deals?
I spoke to my lawyer last week and he suggested using a RELEASE contract at the end of and Lease Option deals. The release would be signed buy everyone involved in order to make sure the lease option tenet was clear ...
Drew A.
Duplex sale. Buyer won't release escrow. Broke contact. Holdover
I sold my duplex a couple of weeks ago. I had to wait until my sale closed in order to close. I asked to extend the closing date with the buyers originally, but they refused stating that they were concerned with los...