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The Water Cooler
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Demand letter from mortgage co.
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<blockquote data-quote="HSIG" data-source="post: 1584628" data-attributes="member: 643"><p>I got a demand letter from the co. that services my mortgage today threatening foreclosure for a default pertaining to the terms of my mtg. They said I had not paid my 2011 property tax and if not paid in the next 15 days they would proceed with the action. I tried to explain that tax statements don't go out until Nov. 2011 and that property taxes are paid in arrears, they said they had never heard this before and unless I paid the county treasurer they had no choice but to start the foreclosure. My response was to go right ahead. Anyone else ever had this happen? I have 38yrs in the real estate industry and know my way around. This is going to be fun.</p></blockquote><p></p>
[QUOTE="HSIG, post: 1584628, member: 643"] I got a demand letter from the co. that services my mortgage today threatening foreclosure for a default pertaining to the terms of my mtg. They said I had not paid my 2011 property tax and if not paid in the next 15 days they would proceed with the action. I tried to explain that tax statements don't go out until Nov. 2011 and that property taxes are paid in arrears, they said they had never heard this before and unless I paid the county treasurer they had no choice but to start the foreclosure. My response was to go right ahead. Anyone else ever had this happen? I have 38yrs in the real estate industry and know my way around. This is going to be fun. [/QUOTE]
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