Posted on: 14th Mar, 2009 09:06 pm
How is someone liable for paying a mortgage payment if the debt is unsecured? The home is not in the name of the mortgage(loan) payer nor is the mortgage(loan) payer on the title. I say Produce the Note! Why should I pay a note if you can't prove I own the property. No I am not in foreclosure.
Hi ratesarerising,
The person who is on the mortgage note is liable to pay off the mortgage. If your name is not on the mortgage docs, you are not liable to pay it off.
The person who is on the mortgage note is liable to pay off the mortgage. If your name is not on the mortgage docs, you are not liable to pay it off.