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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Yes, if it's within the norm... Posted by Ward-CA- on February 27, 2004 at 10:57 PM In Reply to: Re: prepayment penalty posted by bh1240 on February 27, 2004 at 8:12 PM : Does that mean if previous owner sold the house by herself,she still had to pay prepayment penalty? What is Mr. Ward's opinion? ==================== Yes, my opinion is that if the prepayment is in conformity with CA’s requirements then it is enforceable, especially in a normal resale within the first five years of the loan. Follow Ups: Re: Yes, if it's within the norm... Nick(Colorado) 8:13 AM, 03/01/04 (1) Disagree Lughead 9:54 AM, 03/03/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : Does that mean if previous owner sold the house by herself,she still had to pay prepayment penalty? What is Mr. Ward's opinion? : ==================== : Yes, my opinion is that if the prepayment is in conformity with CA’s requirements then it is enforceable, especially in a normal resale within the first five years of the loan. 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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