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Discussion Boards => Off-Topic => Topic started by: dejaysk1 on May 01, 2012, 02:50:12 pm
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the three magic words to say to the bank are ( produce the note.
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I've heard that does really help but I think maybe it depends on your bank and maybe how many times your loan has been sold :dontknow:
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Thanks to all the sneaky ways banks have been trying to increase their profits are what they've done with house notes, it's virtually impossible now to truly determine who owns what anymore. It's very possible that you could pay off your mortgage then when you go to sell, you can't cause you can't get a clean deed due to the crazy papertrail these banks have engaged in. It truly is a mess and there was a CNBC documentary "House of cards" that followed the housing bubble inflation and popping that was very eye opening.
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OR...
MOVE THAT BUS!
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I recently sold a property. I had to get an attorney involved to protect my interests. A lot of fraud going on these days. From the banks, to the investors, realtors, buyers, sellers. What a mess