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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: No/Yes/No - Prepayment penalty on 1st? (NT) Posted by Tom on April 26, 2008 at 11:22 AM In Reply to: Re: No/Yes/No - Prepayment penalty on 1st? (NT) posted by Mark Hamilton on April 26, 2008 at 10:59 AM The note would state if there is a pre-payment penalty. There shouldn't be a pre-payment penalty on a note that old, but it is a private note so anything is possible. I'd contact the holders of the note and see if they're agreeable to what you want to do, and get a payoff amount as the date of the scheduled foreclosure. Get detailed payoff - P, I, and any late penalties or fees. Is there any forced place insurance in effect? Follow Ups: Re: No/Yes/No - Prepayment penalty on 1st? (NT) Mark Hamilton 11:36 AM, 04/26/08 (7) A big, black box... Rick, the Probate Guy 5:00 PM, 04/26/08 (3) You can get a copy of the Note from title CC in OC 4:52 AM, 05/20/08 (0) hml prepays hard money lender 10:38 PM, 04/26/08 (0) Re: A big, black box... Mark H. 8:04 PM, 04/26/08 (0) FPI & IRS Tom 12:18 AM, 04/26/08 (2) Re: FPI & IRS Mark Hamilton 8:00 PM, 04/26/08 (1) Should be (NT) Tom 8:00 AM, 05/01/08 (0) Post a Followup: Name : E-Mail : Subject : Comments: : The note would state if there is a pre-payment penalty. There shouldn't be a pre-payment penalty on a note that old, but it is a private note so anything is possible. I'd contact the holders of the note and see if they're agreeable to what you want to do, and get a payoff amount as the date of the scheduled foreclosure. Get detailed payoff - P, I, and any late penalties or fees. Is there any forced place insurance in effect? [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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