Real Property Legal Questions and Answers
How is a Mortgage Released When the Loan is Assigned to a New Bank?
We fiananced fee simple absolute,real property through a local bank.We have a warranty deed with a vendors lein.At the fifth year when the baloon payment came due,we went to the same local bank and we were told we had to extend the loan,but when we did that same local bank changed it to local bank N.A. When the five years came up we paid the full loan off of around 42,000.We f...
12/05/2009 | Category: Real Property » Mortgage Sat... | State: Texas | #19915How Do I Refinance a Mortgage and Deduct Interest on My Taxes?
My wife and I live in Michigan and currently have a $200,000 mortgage on our house with a 6.125% annual rate. After selling a piece of property, my in-laws who live in Mississippi have offered to pay off our mortgage and allow us take out a mortgage with them at a much lower fixed rate (3.75%). We plan to take out a 20 year mortgage with them. We have called our mortgage comp...
11/21/2009 | Category: Real Property » Mortgage Sat... | State: Michigan | #19726How do I cancel or satisfy a recorded mortgage?
Form for Cancellation by individual Form required to completely satisfy a recorded Mortgage?
11/19/2009 | Category: Real Property » Mortgage Sat... | State: Florida | #19690If the finance company closes what will happen to my loan there?
The lien holder on my rental property has closed all of their branches. If they fold what does that mean to my loan? Should I refinance with someone else now or wait?
05/05/2009 | Category: Real Property » Mortgage Sat... | State: Maryland | #16586How do I get proof that my mortgage was satisfied years ago?
What happens if your mortgage debt is satisfied (lost mortgage) and another company says they are owners of the debt several years later? What are my rights?
04/21/2009 | Category: Real Property » Mortgage Sat... | State: Georgia | #16074Can the bank hold my money in escrow because of satisfaction
My home was paid off in 1986 , I did not receive a satisfaction, i sold my home sept. of 2007, they are holding $35,000.00 in escrow because they want a satisfaction of my payoff which I never received. The morgage company does not exist and I can not find out who took them over to see if I can get this satisfaction. I have a Tellers check from the bank proves that I paid it o...
03/11/2009 | Category: Real Property » Mortgage Sat... | State: New York | #15553How do I obtain a Mortgage Satisfation?
If the attorney that handled the property transaction 20 years ago is no longer around and I cannot locate the previous owner, how do I get a satifaction of Lein on my property so I can sell it?
05/12/2007 | Category: Real Property » Mortgage Sat... | State: Florida | #4544By laws how many days do we have to prepare a Satisfaction of Mortgage?
We service loans in all states, and per the various laws/statutes for each state - we have a certain amount of days to prepare a satisfaction/release of mortgage after the loan pays in full. For compliance purposes - should we count business days or calendar days? If most businesses are closed on Saturdays/Sundays and because the Postal Service does not conduct business on Su...
04/11/2007 | Category: Real Property » Mortgage Sat... | State: ALL | #2963How do I legally remove my name from a mortgage?
How do I legally remove my name from a mortgage?
01/31/2007 | Category: Real Property » Mortgage Sat... | State: Colorado | #1358I have lived with a man for 13 years. During the past four years, we did a refinance on his home. I work; he does not. The mo...
I have lived with a man for 13 years. During the past four years, we did a refinance on his home. I work; he does not. The mortgage bills come in my name. The title of house is in both of our names. I plan to leave this home soon, and I want my name off of the mortgage agreement.
01/12/2007 | Category: Real Property » Mortgage Sat... | State: Colorado | #396