Low income loans

You may want to review your divorce papers and see what was said about this piece of property if sold. I am on a deed on a property that I had with my ex. Come to find out she applied for a modification that changed the loan terms by having a balloon payment at the end of the loan. I found out when a real estate agent notified me of her intent to sell the property and she needed my signature to list the house. How was the loan modified without my consent and what recourse do I have since the modification ate most of the equity. Your online loans instant only stepping into the picture because you have rights, through title. In addition, the modification probably ate through the equity because the loan was severely behind.

We decided to take out a home equity loan, to do some improvements.

Anywho, I discovered afterwards, there was another name that had a lien on the property. I also discovered my name was never on the deed upon closing. Bank does not contact me in regards to late payments. Also, bank does not send me statements, although they have my current address, and I did a COA with USPS. The loan docs do not appear right in some aspects, and the loan was modified, without me knowing it. I have asked for the mod paperwork, and they refuse to send me anything.

Online, the payment history prior to the mod is missing , and something does not appear right. Lawyers are not touching this one, due to us not being married. The other thing, bank updated the credit files as current , although it was 64 days late before, and not it is over 45 days late. I refuse to make payments for a residence I do not live. I am on a deed on a property that I had with my ex. Come to find out she applied for a modification that changed the loan terms by having a balloon payment at the end of the loan. I found out when a real estate agent notified me easy same day loans of her intent to sell the property and she needed my signature to list the house. How was the loan modified without my consent and what recourse do I have since the modification ate most of the equity. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. My father put the mortgage in his name and we pay the bill every month. Mine and my husbands names are on the deed along with my fathers. Thank you for your help If the servicer knows that the borrower passed away they may not be willing to accept payments on the mortgage.

Feel free to give me a call if you have any questions about that or e-mail: However if the borrower bought insurance to pay off the house , leaving it to the ones on the deed, would probably work. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. My purchase money 1st and 2nd was with Countrywide in low income loans 2095. In 2006 I refinanced with Greenloint for a 1st and 2nd which paid off Countrywide. Around 2010, Greenpoint sold or transferred the 1st to Chase and the 2nd to BofA. I loans in arlington tx did a Successful Hamp mortgage refi on the Chase 1st snd was part-way through the process when my BofA HELOC was transferred to Real Time Resolutions. Our AZ1st was deeply underwater so I was advised to ignore the HELOC bills from RTR which was not modified and RTR was billing the original monthly amount I could not afford. I have never made a payment to RTR not given them financial information. Early on they started calling and sent me a form to fill out which I never responded to. They stopped calling immediately after I sent a letter to contact me only by mail. For years I either received nothing from them or received maybe one notice or offer to settle a year at higher than I could afford. If they hsve run comps now, they may believe there is equity to get but they would still not get anything which I need to communicate. To sell at a price that covers the 1st, we would need to paint our exterior, paint the inside, recarpet throughout, fix the pool heater and retold the pool (none of this done in 15 years).

Even with all that,I doubt our home would sell on the high end as there is a lot of comparably priced new construction all around us. The HELOC payoff is in 2021, so less than two years away. Also, the SOL has run out cash fast loans based on the month and year I first fell into arrears.

I am concerned that RTR May ignorantly believe they can now squeeze sone money out of a foreclosure and file a Notice of Default which would kill my rebuilt fair credit rating. On paper, I am insolvent though so I should avoid a tax bill on the forgiveness.

If I open the door to settle, my concerns are as follows: I prefer low income loans to have all communications with RTR in writing and, in fact, would prefer to have a and attorney low income loans handle making this offer and the negotiations if not too expensive.

If I wind up doing it myself, what is the likelihood that I can get by doing all of this only in writing? I would state the home value range in the two Real estate carbs that are from two different realty companies end of month apart and would explain why my home is in the lower ridge and that even in the Highbridge there would be deficiency with the fees that would be involved in a short sale or for closure that would enable them to collect nothing. I would also include the pay off notice that I just received shut the lender of my first. These papers with Support what I am telling them regarding the homes current value Real estate curbs that are from two different realty companies end of month apart and would explain why my home is at the Lowbridge and that even in the high Ridge there would be deficiency with the fees that would be involved in a short sale or for closure that would enable them to collect nothing. I would also include the pay off notice that I just received for the lender of my first. These papers with support what I am telling them regarding the homes current value And that my offer Is there only path to getting The step resolved for any payday loans barrie amount for the foreseeable future. I would especially be interested in whatever an attorney here has to say that has dealt with real time resolutions.

Lastly, I would be interested in hearing from any attorney who has been successful at least types of negotiations especially with RTR, and what your fee would be for assisting me. I do not believe I ever received notification of any of the lawsuits against countrywide or Bank of America. Is this because these came about after I refinanced or after my loans were sold or transferred to do servicers Edward that matter? I Purchased many loans with countrywide were in 2005, my refi with Greenpoint was in 2006 cover at my loans were sold or transferred to do servicers around 2010 to 2012.

You say you were advised to not pay your HELOC back in 2013. Bankruptcy would of eliminated the debt and you could walk away. Your credit already took a hit, so bankruptcy at that point could not of made it much worse. It sounds like you are current on your 1st, but havent paid on the 2nd in years? If your only concern is about the 2nd foreclosing, it would be unlikely, but not impossible. In most states, the 2nd can foreclose, but have to also pay off the 1st in order to bring foreclosure. Unless you really need to stay in the house or the area, I would just keep doing what you are doing.

Do not initiate contact with the 2nd and continue to respond only in writing. Have continued to pay the first and not the second. Still no equity in my house and I have no need to sell in the near future.

However, maybe 10 years from now I no fax payday loans may want to sell. Because both my 1st and 2nd have been discharged in bankrupty, I can simply leave and owe nothing. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally low income loans from their underwater mortgages. In 2011 we got behind and HSBC charged off the mortgage. Nothing happened until low income loans 2014 when I started receiving statements from Greentree. I sent them a debt validation notice and they responded with a copy of the Note and the assignment from MERS to HSBC. I did nothing as the statute of limitations in Michigan is 6 years and that had passed.

The lien remains from HSBC as it has never been assigned to anyone else. The title company I am working with confirmed this. I sent a lien release request to HSBC because as the debt was charged off, I believe it became unsecured and the lien should have been released at that time. HSBC refuses to release the lien as they claim they sold the debt to Greentree who then became Ditech. Ditech shows my account as no credit personal loan closed, but they also refuse to release the lien. They claim the statute of limitations to foreclose low income loans has passed, but they refuse to issue a release.

That could mean big problems for you concerning the debt and the lien. All of my experience is after Chapter 7 bankruptcy. Charged Off mortgage has no benefit to the borrower. Its simply an accounting term that the bank uses to write off the loan as uncollectable. Bankruptcy will protect you from owing the debt, but will not release the lien. Simply not paying the debt does not make it an unsecured debt. You are correct that in Michigan, personal debt has a 6 year statue of limitations.

So a lien holder has a valid lien basically forever or it can be assigned or sold at any time. Verify with your county clerk who actually holds the lien-do not take your title companies word for it. Its free to do the search online or at the clerks office.