Posted on: 25th Mar, 2009 06:37 pm
I have my apartment building sold but befor i can sell it i owe the bank $16000 How can I pay the bank off with in 2 days as to stop forecloser? Are there any places that will loan me or pay the bank until it closes?
Hi redydnic!
Welcome to forums!
You can check out if you can get a personal loan in this case. You should contact lenders giving personal loans and check out the criteria for getting such loans. In my opinion, getting a mortgage within such a short span of time will not be possible.
Sussane
Welcome to forums!
You can check out if you can get a personal loan in this case. You should contact lenders giving personal loans and check out the criteria for getting such loans. In my opinion, getting a mortgage within such a short span of time will not be possible.
Sussane
Many times the bank will accept the fact that there a buyer and they property will sell within so many days. They will get their money and then they will be happy. But, it depends on the banking institution.
See if they will take a letter from the title company stating that they have an effective contract order in the works and make sure it states the date that it will closea and fund. Maybe this will work, otherwise. If you have great credit you can go to your local bank and get a personal unsecured loan. If not then, you up a creek without a paddle.
Good luck!
TaWana
http://www.tawanastegall.com
See if they will take a letter from the title company stating that they have an effective contract order in the works and make sure it states the date that it will closea and fund. Maybe this will work, otherwise. If you have great credit you can go to your local bank and get a personal unsecured loan. If not then, you up a creek without a paddle.
Good luck!
TaWana
http://www.tawanastegall.com
oh man.
you ought to have contacted your mortgage lender to advise them of the impending sale. that should allow them to stall any proceedings and obtain payoff at the time of your closing.
you ought to have contacted your mortgage lender to advise them of the impending sale. that should allow them to stall any proceedings and obtain payoff at the time of your closing.
