Refinancing Home Mortgage
My mother sold a house and gave the “owner financing” of the buyer. She crossed and all documents and advise kosher law, etc. People with a history of bad credit and pay every month, but a couple of times late. My mother wants to “keep the loan can be paid now, and” the money to the front and was notice of a few “companies that buy mortgages” that. They want him to do a payment significantly less than what he sold the property for, but that “the act of sending her son, then the money.” I have a tremendous insight about everything and she wondered if she is a fraud and he should go through. Find out everything?
the person who buys such a mortgage is a high risk – especially if the buyer has to accept that is to pay the mortgage (and that person has bad credit) and no possibility of their credit rating – also – perhaps the int rate your mother is too low for the risk
Did not even pay money for the buyer? – The new buyer MTG is probably only interested in a mortgage of 75% in value and if you sold the house with little or no money, so it is therefore not offer the full value
they never had the owner financing for someone to do with bad credit – you will probably be injured at some point
Send a note before you will surely pay fraud, but it can never get what they are trying to respect the mortgage sale hopes
This is about mortgage information questions.
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