 gmakerley
Community Mentor
Joined: 09 Nov 2007
Posts: 7411
Location: bloomfield, ct
63.62 Dollars($)
|
 Posted: Tue Apr 21, 2009 1:26 pm Post subject: |
|
|
" I need to get out of the 2nd mortgage and the Mortgage Company is not working with us. "
wow...isn't it amazing that they wouldn't want to be cooperative? after all, they're only going to lose some money.
truly, i don't get that statement.
i also don't get this: how does a first mortgage exist in one person's name; and the second mortgage in another person's name? there has to be some invalidity going on there, i think.
it's awfully hard to state options at all, and that's not only because i don't know minnesota laws. most lenders will not attempt to garnish someone's wages for lost money on a foreclosure (though if they read your line that i quoted above, they might just do it for spite).
_________________
George M. Akerley
Loan Consultant
860-221-5044 |
|
