I am currently living in colorado but am going to move to San Antonio when I can rent my house out. My question is should I rent out my house using a property management company or should I draw up papers myself and use family and friends that are remaining local to do spot checks and handle rent collections etc? Anyone have any experience doing these options? I am a first time landlord and maybe in over my head but property management charging 10% seems a little high
I am about to take a loan officer class next week and my goal is to start a mortgage loan company.I just want to be able to go into business for myself. I would love advice from people who are already doing it.
We live in Iowa and have been trying to sell our home for over two years. It has been on and off the market and we have not had one offer. The problem we think is that it is on a busy street with a large lot. The house is large and we are selling it below market value. Does anyone have any suggestions to a company that we can use to buy our home. Let me add it is not that we cannot afford the home and are current on the payments.. but we want something newer. Please help! Thanks!
I’ve seen a couple of people state this.
That they have a mortgage through a servicing company.
They can not refinance is one complaint.
And it does not get reported to the credit bureaus.
Any info on what it is will be nice – I’m clueless.
I’ve heard that all mortgage companies do not handle this loan. Other than calling all the companies in the phone book, is there a way to find out who does? Is there a listing somewhere?
We have documentation to show all payments were made on time and in excess of the amount due. Our mortgage carrier is not applying the payments. Our bank has records to prove payment has been sent and cashed. Our mortgage company has now sent it to collections. Who can we contact for help?
Is it the mortgage company or the bank that calls the loan?
What reasons would they have for doing so?
Does the person pay the mortgage balance to the bankruptcy court? Does the person have to find another lending company to take up the mortgage balance?
I live in a three unit condo. The second unit is vacant (the owners moved out 2 years ago) and the unit is in foreclosure. We (the condo association) needs to contact unit 2′s mortgage company for back payment of unpaid condo fees. How do I find out their mortgage company?
My problem is that we have a contract on our house, the person who offered on the house has submitted all the necessary paperwork to their mortgage company, and has received her commitment letter back from them; however, a closing date has yet to be set. My realtor tells me that the ladys application is through with the underwriting, the commitment letter from the bank was received last week and we are just waiting on the mortgage company to get all of the numbers together and email that info to the title company. We have been waiting a week today, why can no one give us a closing day? How long should this take? We feel like something is wrong but no one will tell us? Any opinions?