Closing

[bearishgurl]

[quote=walterwhite]what if the second is held by the same lender as the first?[/quote]

If the first and/or second TD’s in your short sale are in favor of [name of servicer/lender] AND MERS, the second may have originally been funded by the same lender as the first but the first lender no longer owns it.

In this case, it’s also possible that neither TD is owned by the original lender whose name is shown on its face.

One of both of these loans could have been sold off multiple times. In this case, MERS would presumably have records as to who owns it/them and would be able to share this info with your SS negotiator.

Since you are presumably a trained atty, scaredy, I will not put my usual disclaimer here :=]

[sdrealtor]

Doesnt matter, I was referring to all the parties involved in a single loan on a short sale. The money comes from only one any way. If the 2nd is sold out they get what they get and the repairs credit wouldnt impact. If the 2nd is the short pay lender the 1st wouldnt care.

[sdrealtor]

Doesnt matter, I was referring to all the parties involved in a single loan on a short sale. The money comes from only one any way. If the 2nd is sold out they get what they get and the repairs credit wouldnt impact. If the 2nd is the short pay lender the 1st wouldnt care.

[sdrealtor]

Doesnt matter, I was referring to all the parties involved in a single loan on a short sale. The money comes from only one any way. If the 2nd is sold out they get what they get and the repairs credit wouldnt impact. If the 2nd is the short pay lender the 1st wouldnt care.

[sdrealtor]

Doesnt matter, I was referring to all the parties involved in a single loan on a short sale. The money comes from only one any way. If the 2nd is sold out they get what they get and the repairs credit wouldnt impact. If the 2nd is the short pay lender the 1st wouldnt care.

[sdrealtor]

Doesnt matter, I was referring to all the parties involved in a single loan on a short sale. The money comes from only one any way. If the 2nd is sold out they get what they get and the repairs credit wouldnt impact. If the 2nd is the short pay lender the 1st wouldnt care.

[scaredyclassic]

Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?

[scaredyclassic]

Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?

[scaredyclassic]

Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?

[scaredyclassic]

Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?

[scaredyclassic]

Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?

[bearishgurl]

[quote=walterwhite]Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?[/quote]

Hopefully, your contingency period has not expired and you have a contingency to approve your physical inspection. Get a professional out there to look at it and tell you how much it will cost to get it up to snuff. If you have to dig it out and get a new tank, it could cost a LOT.

[bearishgurl]

[quote=walterwhite]Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?[/quote]

Hopefully, your contingency period has not expired and you have a contingency to approve your physical inspection. Get a professional out there to look at it and tell you how much it will cost to get it up to snuff. If you have to dig it out and get a new tank, it could cost a LOT.

[bearishgurl]

[quote=walterwhite]Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?[/quote]

Hopefully, your contingency period has not expired and you have a contingency to approve your physical inspection. Get a professional out there to look at it and tell you how much it will cost to get it up to snuff. If you have to dig it out and get a new tank, it could cost a LOT.

[bearishgurl]

[quote=walterwhite]Dammit this thing might close I’m running out of time to run. I’m still concerned about a septic tank that hasn’t been pumped for 17 years. Is this a ticking time bomb of poo?[/quote]

Hopefully, your contingency period has not expired and you have a contingency to approve your physical inspection. Get a professional out there to look at it and tell you how much it will cost to get it up to snuff. If you have to dig it out and get a new tank, it could cost a LOT.

[Author]

Posts