What happens to a second mortgage when a home is purchased at a foreclosure auction?
I will make an offer on a house closing and has a loan of $ 1 280K and a second of $ 70K. The creditor on the first two mortgages is Decision One Mortgage. The lender is Countrywide foreclosure. This means that if I buy this house in foreclosure their money to add a second mortgage or just the first mortgage and back taxes?
Categories: Mortgage Tags: auction, back-taxes, creditor, decision one mortgage, first-mortgage, foreclosure, foreclosure auction, Happens, Home, house foreclosure, money mortgage, Mortgage, mortgage foreclosure, mortgage-lender, purchased, Second, second-mortgage, What, When
Jipped Granny
To whom it may concern, My grandmother purchased a matress set from a showroom dealer. The show room is only able to be seen if you come with a person with a dealers liscense. My grandmother laid in the matress and was under the assumption that this was the set she would recieve
Categories: Mortgage Tags: assumption, been-switched, dealer, grandmother, granny, hung-the-phone, jipped, matress, Phone, prior-agreement, purchased, remaining, saleslady, showroom, showroom dealer, wrong-matress
Who ownes the receivable?
We are MI based and have a friend who runs a similar company in Arizona. They have asked us if we would be interested in purchasing their receivables thereby acting as a Factoring Company. We’ve never done this but we are interested because of how fiscally well run they are.
Categories: Mortgage Tags: bankruptcy, business-loans, creditors, creditors-place, desk, factoring company, file-bankruptcy, many thanks, Money, offing, purchased, receivables, relatives, the-purchased, Understanding