On 2005-02-07 01:32, blueboy7882 wrote:
well the investor always makes the payments late--he says the mortgage company doesnt care as long as they get the payments each month. My credit gets more screwed each month
While the Investor should never be late on your payment, on most loans it is not late until the 15th and then it is 30 days after that before it is reported to your credit. Look at your contracts and take legal action if it is in your best interest.
if you signed a deed to your house over to the investor then it would be up to him to even consider selling you back the house. how would you be able to afford to buy it back if you couldnt make the payments in the first place?
i know this is probably not what you want to hear, but im sick of seeing you post the same question all over the place.
if you want and can afford and he agrees to let you take the house back then do it. if not stop complaining. allthough its wrong, late payments are probably better then a foreclosure on your credit. oh and you never answered my question on one of your numerous other posts if you walked away with cash or not? [ Edited by ZinOrganization on Date 02/08/2005 ]
[ Edited by blueboy7882 on Date 02/09/2005 ]
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On 2005-02-07 01:32, blueboy7882 wrote:
well the investor always makes the payments late--he says the mortgage company doesnt care as long as they get the payments each month. My credit gets more screwed each month
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While the Investor should never be late on your payment, on most loans it is not late until the 15th and then it is 30 days after that before it is reported to your credit. Look at your contracts and take legal action if it is in your best interest.
Rob Carroll
Anderson Investment
[ Edited by blueboy7882 on Date 02/09/2005 ]
if you signed a deed to your house over to the investor then it would be up to him to even consider selling you back the house. how would you be able to afford to buy it back if you couldnt make the payments in the first place?
[ Edited by blueboy7882 on Date 02/09/2005 ]
How many days is he late?
[ Edited by blueboy7882 on Date 02/09/2005 ]
i know this is probably not what you want to hear, but im sick of seeing you post the same question all over the place.
if you want and can afford and he agrees to let you take the house back then do it. if not stop complaining. allthough its wrong, late payments are probably better then a foreclosure on your credit. oh and you never answered my question on one of your numerous other posts if you walked away with cash or not? [ Edited by ZinOrganization on Date 02/08/2005 ]
ok thank you for the replys---