By Admin on Jan 28, 2009 in Renting & Real Estate
insurancelawcase asked:
How to settle 2nd mortgage for less than full balance *IF* deed-in-lieu is approved already?
I was never late but applied for Deed in lieu with Countrywide. Now they approved the DIL but now I want to keep the property but settle the 2nd mortgage?
How is it possible?
Create a video blog
How to settle 2nd mortgage for less than full balance *IF* deed-in-lieu is approved already?
I was never late but applied for Deed in lieu with Countrywide. Now they approved the DIL but now I want to keep the property but settle the 2nd mortgage?
How is it possible?
Create a video blog
ask them for the full payoff. Do not sign the deed in lieu. Send the full payoff to Countrywide and they will have to release their mortgage.
DeeDee | Jan 30, 2009 | Reply