Cowgirl
Well-Known Member
I saw that on Yahoo yesterday.
Foreclosure
- Thread starter mmesser0
- Start date
I saw that on Yahoo yesterday.
JULZ
BFJ
:shrug: Worth a try, but as she later stated it looks like she is looking to just get this all over with and not wanting to delay anything.
itsbob
I bowl overhand
How many bedrooms.. when was it built.. how much land?
Is it in St Mary's County??
You're welcome!
BoyGenius
Cyber Bully Victim
Sorry to rain on your hope parade, but Maryland has already closed the loophole on the lost note fiasco last year:
"Legal junkies may also be amused to note that this law specifically allows that "proof of ownership" of a loan required to be provided with the docket file may be certified copies of mortgages, notes, and assignments in lieu of the originals. That should end all the hoo-haw over missing originals."
Calculated Risk: Maryland Foreclosure Law Changes
Plus your notes are already online at the Maryland Landrec website (requires a free requested password):
MDLandRec.Net A Digital Image Retrieval System for Land Records in Maryland
I'd recommend you do however read the article above to see the timeline of how long you have potentially before you get tossed out. Be smart and save your money for a new rental etc. while waiting.
You can also monitor your case here:
Maryland Judiciary Case Search
Despite whatever the lenders may threaten on the phone or in writing, until they actually file against you in the court system and do all the required steps, they can't get you out of the house.
"Legal junkies may also be amused to note that this law specifically allows that "proof of ownership" of a loan required to be provided with the docket file may be certified copies of mortgages, notes, and assignments in lieu of the originals. That should end all the hoo-haw over missing originals."
Calculated Risk: Maryland Foreclosure Law Changes
Plus your notes are already online at the Maryland Landrec website (requires a free requested password):
MDLandRec.Net A Digital Image Retrieval System for Land Records in Maryland
I'd recommend you do however read the article above to see the timeline of how long you have potentially before you get tossed out. Be smart and save your money for a new rental etc. while waiting.
You can also monitor your case here:
Maryland Judiciary Case Search
Despite whatever the lenders may threaten on the phone or in writing, until they actually file against you in the court system and do all the required steps, they can't get you out of the house.
Christy
b*tch rocket
I am probably stupid, but I would feel compelled to pay back the difference in the shortfall. I mean, really, if I agreed to pay so much back on a loan, then that is what I agreed to, if the house sold for under what I owed on a loan it is just a matter of principle (to me) to keep up my end of the deal with my lender. :shrug:
BoyGenius
Cyber Bully Victim
That's an honorable response, however I believe the reality is whether you participated in the housing orgy or not, you are going to pay back the money in the form of extra taxation to clean up the mess. So in essence, I believe that would leave you paying the bill twice.
W
Wenchy
Guest
You're not stupid, but because of your ethics, you're going to get screwed.
Christy
b*tch rocket
Yeah, well that is nothing new.
Fortunately I'm not short selling my house, I hope to keep my house forever, but ya never know. :shrug:
Christy
b*tch rocket
I believe that would leave you paying the bill twice.
I will be paying the tax bill regardless. I take it up the butt already in taxes. I don't want to even think about how much more will be required of me to save the banking industry.
I mean how ridiculous is it that they're being given my money so that they can turn around and lend me my own money back and charge interest? It's a crazy crazy world.