How To Get Mortgage Payoff, Owner Gone

How can I get a Mortgage payoff from Household Financial when the owner
has abandoned the property?

I called HFC and they won’t talk to me without an authorization letter??

House up for Junior lien Foreclosure Auction in 2 days

Thanks

Comments(2)

  • TheShortSalePro19th April, 2004

    not much time left... probably not enough to do much... but you can always ask to purchase the mortgage via an assignment....

    the face amount of the mortgage is a matter of public record, certainly you can guestimate a reasonable offer.

    If you are seeking to buy the paper... mortgagor approval isn't necessary

  • commercialking19th April, 2004

    Show up at HFC with an authorization letter. Make sure the signature matches the one on the loan which is recorded at the recorder of deeds office. I assume that after buying the 2nd mortgage interest you are going to go pay off the first. Otherwise this bit of fraud could get you in big trouble.

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