NLIC.org

Vivian Said:

Rent VS Buy --How do those Mortgage companies work?

We Answered:

I am a Realtor Honestly, you should probably get with a Realtor and tell him what you are looking for. I say this because an area specialist will help you in purchasing the property. Rather than paying $10,000.00 over the price, the Realtor should know better and lead you in a way that you get the most for your money. Now every Realtor is not honest so see if there is someone that you trust. If they have used a Realtor and they recommend them, go with it. The realtor should be able to guide you through every step. If you can't find one, I know a good one in the area.
landstonegsl@yahoo.com

Edith Said:

Are there any mortgage companies who only pull Equifax?

We Answered:

most of the ones that i know use the middle score, irregardless of which bureau it is.

Bruce Said:

Where can I find free list of private mortgage holders on the net?

We Answered:

There is no list because a private holder would be someone selling a house they own in full. A company can not be private doing that when the public is the buyer. There is no reason that someone who had money and houses to do that, would do it without making a profit, so they would be a mortage company and their under Realtor online.

Joyce Said:

Anyone know where I can get a list of credit seekers who were turned for a mortgage?

We Answered:

i dont know how to get a list but i sure would like to get an owner financed home in my area in Alabama . i would like to know how to get a list of investor that do that

Jeffery Said:

what happens when house transferred to 3 different mortgage companies and none have legal rights to it?

We Answered:

You now have squatters rights.
Congratulations.

Esther Said:

We were just served Seizure papers from the Sheriff's Office, however the mortgage company on the papers no lo?

We Answered:

Because your mortgage loan was sold to a different investor does not mean the new investor change the company that was serving the mortgage loan. Most lenders keep the same company to service their loan even though they purchased the mortgage loan from another lender. This is a common practice.

I don't understand seizure papers from the sheriff's office. Normally the foreclosure procedure start with a notice that you have been late on your mortgage. This is normally followed by a notice of intent to file a foreclosure procedure against the property. After that notice has been sent you would be sent a notice of foreclosure/default.

If you are in a judicial foreclosure state you would get court documents indicating your property is in foreclosure and a foreclosure hearing is scheduled, you are therefore required to attend. Failure on your part not to show up a default judgment would be issued to the lender.

In order to properly insure that all individuals that have a ownership position in the property is served the foreclosure company or attorney look up the public records to see if there are individuals or companies added to the title after the mortgage loan has closed. All individuals and companies listed on the title deed as well as the mortgage are then served foreclosure documents even if they are not on the mortgage loan or signed the mortgage loan closing documents.

I hope this has been of some benefit to you, good luck.

"FIGHT ON"