Tag: mortgage holder

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Settle 2nd Mortgage for 10% of amount owed?

Settle¬† Your Second Mortgage Settle your second mortgage for 10% of the loan amount owed? Let’s say you owe 90k on your second mortgage and the bank is willing to accept 9k in full satisfaction. Not bad, right? Well, we have heard of such an offer! Generally, we would want to consider any issues or […]

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News: Man Gets Free house

We figured this would start happening sooner or later. So far this year we have been made aware of three (3) cases where the lenders actually “walked away.” The homeowners appear to have been left with a home without a mortgage on it (a free house). The following is from Jacksonville.com: Bank gives man foreclosed […]

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