2007-04-18 19:19:52 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
You need to approach the agency/bank from which you have taken loan. Tell them that you wish to preclose the housing loan. Discuss the penalty, if any, for preclosure. Let them calculate the total amount to be repaid. Then simply pay the amount and ask for the closure certificate. Also do not forget to collect your original home documents from the agency.
It's as simple as that.
2007-04-18 19:28:19 · answer #1 · answered by Nitin G 7 · 0⤊ 0⤋
You might want to consider having someone take over the loan or buy the loan. Sometime having an unrelated party involved could help. The bank will be more open to selling the loan to someone so they don't waste time or another day with the loan. You can avoid some hassle when someone is helping you with the conversation.
E-mail mrforeclosure@gmail.com for assistance as to what to say and how to say it when talking to the bank.
2007-04-18 20:02:05 · answer #2 · answered by Mr. Foreclosure 1 · 0⤊ 0⤋
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2007-04-18 20:17:27 · answer #3 · answered by Anonymous · 0⤊ 0⤋