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Making payment on the first after TS

Lin
January 19, 2012 12:59AM
My partner and I bought a 2nd and subsequently foreclosed on it through TS. Given the terms of the first mortgage (30 yr fix at 3%, $1,300 a month, still current) and the going rent at $3,000/mo, we are thinking about doing a wrap to sell it. My question is: how do I make payments (by me or the end buyer) on the first (for the long term, not just a couple of months) when the lender of the 1st mortgage doesn't disclose any info. I could guess based on the current monthly payment info which I have, but I am hoping to find a better way. Any idea?

Lin
Subject Author Views Posted

Making payment on the first after TS

Lin 3369 January 19, 2012 12:59AM

Re: Making payment on the first after TS

Rick Harmon 2451 January 19, 2012 10:12AM

Re: Making payment on the first after TS

Ward-CA 2432 January 19, 2012 02:30PM

The OP asked a good question

Kristine-CA 2319 January 19, 2012 07:02PM

Re: The OP asked a good question

Rick Harmon 2380 January 19, 2012 09:13PM

Re: The OP asked a good question

Kristine-CA 2271 January 20, 2012 08:56AM

Re: The OP asked a good question

Lin 2343 January 19, 2012 09:17PM

Re: The OP asked a good question

Kristine-CA 2204 January 20, 2012 08:35AM

Re: Making payment on the first after TS

Dond 2225 January 20, 2012 08:37AM

K.i.s.s.

Island Time 2467 January 20, 2012 11:39PM



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