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Generally YES. There are legitimate plans that help you manage your finances and pay your debt down faster, but any programs that promises to eliminate or invalidate your mortgage are not legitimate.
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∙ 13y ago
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What are the warning signs of mortgage relief scams?
There are many different warning signs of a scam one might be on the look out for when it comes to mortgage relief. The "FTC" website notes that a popular scam with fraudsters is the requirement of signing over a deed.
How would you know when you are not being scam on mortgage refinance debt consolidation?
Mortgage scams can include property flipping, occupancy fraud, and the straw buyer scam. The best way to be sure you're not being scammed is to check to see if everything is not "too good to be true".
If your lender sells your loan to another lender are they suppose to notify you that your mortgage was sold?
Yes, do not send anything to anyone who claims to have purchased the mortgage. Continue to send payments to the original mortgage company until THEY inform you otherwise. There is a scam out there where people get the mortgage information from county records then send an official looking letter. It's good for one or two mortgage payments to a mail drop and you end up being out a couple payments. Don't fall for that one. If you have any questions, contact your original mortgage company and verify the mortgage status
What does mean mortgage payment reversal?
this site is bogus. its adds all lead to the same bank abusing your mortgage. they want your thoughts so they know how to scam . take a look around it promotes banks and they same banks causing the problem signed fed up
You want to buy a house from a private homeowner who has a bank mortgage Should you buy out the mortgage first?
You would go through a title company who would manage the sale. That would include making sure there is a clean title, assertaining how much you are paying and then arranging for your money (cash or your own loan from a bank) to be paid on the remainder of his mortgage. Otherwise, you could pay into his mortgage loan and get no credit or ownership in the home, which would be a scam. Most mortgages are not transferable these days.
What are the warning signs of mortgage relief scams?
There are many different warning signs of a scam one might be on the look out for when it comes to mortgage relief. The "FTC" website notes that a popular scam with fraudsters is the requirement of signing over a deed.
Has anyone heard about RMA legal Network They claim they can restructure your mortgage and get you a lower rate Are they a real company or a Scam They are asking for 3000 retainer fee upfront?
This sounds like a scam. $3000 is a lot of money. They won't lower your mortgage payments and you will lose your money.
How would you know when you are not being scam on mortgage refinance debt consolidation?
Mortgage scams can include property flipping, occupancy fraud, and the straw buyer scam. The best way to be sure you're not being scammed is to check to see if everything is not "too good to be true".
What is amortisation?
Amortization is the paying off of debt with a fixed repayment schedule in regular installments over a period of time. The gradual elimination of a liability, such as a mortgage.
How can one get in contact with the debt elimination company No More Mortgage?
There are several ways to contact the debt elimination company No More Mortgage. They have an online website which includes a 'contact us' section. In this section there is an online form which can be used to contact the company. This section of the website also includes an address, phone number, fax number and email address which can all be used to contact the company.
How long does it take water to heat up to 100 degrees?
Two years 11/2 months and 3 days and 41/2 hours approximately.It has to do with how many thousands of gallons are in the tank , how many are being drawn out and what the BTU input is of the fuel being used100 litres at 60 degrees Celsius = 1 hour (2kw element)150 litres at 60 degrees Celsius = 1.5 hours (3kw element)200 litres at 60 degrees Celsius = 2 hours (4kw element)250 litres at 60 degrees Celsius = 2.5 hours (4kw element)provided all are using 220 volts of domestic electricity
What are opinions on Hope Now Custom Modifacation?
An "advance fee" scam. They won't really be helping with your mortgage, just charging you money and leaving you high and dry.
What are the different kinds of elimination in intramural?
the different kinds of elimination is a single elimination and a double elimination
If your lender sells your loan to another lender are they suppose to notify you that your mortgage was sold?
Yes, do not send anything to anyone who claims to have purchased the mortgage. Continue to send payments to the original mortgage company until THEY inform you otherwise. There is a scam out there where people get the mortgage information from county records then send an official looking letter. It's good for one or two mortgage payments to a mail drop and you end up being out a couple payments. Don't fall for that one. If you have any questions, contact your original mortgage company and verify the mortgage status
What exactly is a reverse mortgage scam?
Reverse mortgage scams occur when outside people try to charge a large some of money for free information. An example would be those people who try to charge for the listing of HUD homes and information when this information is available for free.
What does mean mortgage payment reversal?
this site is bogus. its adds all lead to the same bank abusing your mortgage. they want your thoughts so they know how to scam . take a look around it promotes banks and they same banks causing the problem signed fed up
You want to buy a house from a private homeowner who has a bank mortgage Should you buy out the mortgage first?
You would go through a title company who would manage the sale. That would include making sure there is a clean title, assertaining how much you are paying and then arranging for your money (cash or your own loan from a bank) to be paid on the remainder of his mortgage. Otherwise, you could pay into his mortgage loan and get no credit or ownership in the home, which would be a scam. Most mortgages are not transferable these days.
