Locks And Ethics
I was trying to flip this property to an investor and I found out that the mortgage company had changed the locks. I told this to the investor and he suggested I break the lock and replace the lock on the door. Now, I don’t know about anyone else but in my book that’s breaking an entering.
Needless to say I refused and the property went under foreclosure.
I’m posting this to invite your comments and opinions.
Gonzo
[addsig]
Who was the owner of the house? If you were on the deed, then you had every right to enter into your house. If you were not on the deed, then you should have gotten from the owner a "right to enter" letter.
The mortgage documents give the mortgage company has a right to secure their collateral and if the house is vacant they will change locks, winterize the house, do a roof repair, whatever they need to maintain their collateral. But until it goes into foreclosure, the mortgage company is not the owner. The owner and his representatives can prevent the mortgage company for securing their collateral, since the collateral is still owned by the person on the deed.