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Norman Said:
Why Isn't My Mortgage Company Listing to me...Help?We Answered:
"What you want is a deed in lieu of foreclosure. It's totally up to the bank to decide if they want to give it to you or not.Just to check, you do realize that you purchased a property and not rented one right? A mortgage company isn't a landlord that you can give 30 days notice that you are moving to. You are on the hook for whatever amount of money you signed mortgage papers for.
Edward Said:
Can a mortgage company blackball a seller by placing him on a "do not use seller list?"?We Answered:
it's possible, but if you have a realtor they would find out. It isn't likely. they just want to make money and yours is good enuf.