Deed Of Reconveyance Does A Mortgage Merge Into A Fee When The Lender Acquires A Property?

Does a mortgage merge into a fee when the lender acquires a property? - deed of reconveyance

I do not want a foreclosure, but if a borrower is to sell the property to the lender on the mortgage so as not to the mortgage or act of surrender was technically not yet submitted?

3 comments:

Anonymous said...

A certificate will be issued on the purchase of a property. If you are mortgaged, the lender retains the deed until the mortgage paid in full. The written work, a seal or prescribed information to prove that the owner has a clear writing. The mortgage will send a statement of the actions of the government agency that has no fees currently paid out of plates, has been paid on the mortgage is issued.

If the owner of the property before selling the mortgage is paid in full, the mortgage according to the procedure of the sale paid. The seller is what remains after the mortgage is paid and all taxes. This is often lower than expected.

Anonymous said...

A certificate will be issued on the purchase of a property. If you are mortgaged, the lender retains the deed until the mortgage paid in full. The written work, a seal or prescribed information to prove that the owner has a clear writing. The mortgage will send a statement of the actions of the government agency that has no fees currently paid out of plates, has been paid on the mortgage is issued.

If the owner of the property before selling the mortgage is paid in full, the mortgage according to the procedure of the sale paid. The seller is what remains after the mortgage is paid and all taxes. This is often lower than expected.

Anonymous said...

If there is a mortgage on the property, then the incumbent, said the mortgage lender, the person in the house can not "sell" the person who has already done.

It is a bit like asking your parents to give money to buy your car.

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