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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] reinstating loan Posted by Rudy on April 11, 2003 at 3:36 PM As one intending to buy from an owner before the TD sale, then rehab, then re-sell, what is the best protocol for getting reinstatment figures (the seller has already signed an authorization to release information)? -Should I simply call up as a "friend" of the seller, or use my company name, and then get them to fax me the figures? -After getting the figures, does it matter what form payment is in, i.e., can it be a check from me, or my company, or should it be a cashiers check, etc.? -Rehab is pretty extensive,...may take 3 or 4 months, so I'm a little nervous about the lender exercising the due on sale clause. -Anything else I'm not considering? Follow Ups: Bringing a loan current... Ward-CA- 3:52 PM, 04/11/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : As one intending to buy from an owner before the TD sale, then rehab, then re-sell, what is the best protocol for getting reinstatment figures (the seller has already signed an authorization to release information)? : -Should I simply call up as a "friend" of the seller, or use my company name, and then get them to fax me the figures? : -After getting the figures, does it matter what form payment is in, i.e., can it be a check from me, or my company, or should it be a cashiers check, etc.? : -Rehab is pretty extensive,...may take 3 or 4 months, so I'm a little nervous about the lender exercising the due on sale clause. : -Anything else I'm not considering? Optional Link URL: Link Title: Optional Image URL: [ 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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