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About Ron

Ron is an ex-mortgage loan officer and currently owns a private mortgage note buying and structured settlement buying firm. Learn more about selling a note at sell my note.

You can learn about selling a structured settlement at cash for payments .

Member Since April 22, 2009
58, Male, Mars Hill NC, United States

Answers


A:

How are penalties for late mortgage payments ...

Most (it can vary) mortgage companies charge an initial (payment is over 15 days late but under 30 days late) fee of 5% of the payment amount. Your loan docs will specify this. If you are 30 days or ...
Submitted by Ron 9 months ago
0 comments


A:

Credit Card Help

I would make an appointment at a local Consumer Credit Counseling office. They may can help. Also, I might suggest a couple of ideas if they can't help. First is a debt consolidation loan such as a ...
Submitted by Ron 9 months ago
0 comments


A:

Home owners policy

You need to request a copy from your insurer. Find the last bill you paid and their toll free customer service phone number should be on it. Have your policy number available when you call. They ...
Submitted by Ron 9 months ago
0 comments


A:

Customer Retention

The only way I have ever heard (and I've been around a long time) of the term Customer retention is in a business situation where it describes a company's efforts at retaining existing customers as ...
Submitted by Ron 9 months ago
0 comments


A:

Loans secured by land owned outright

HardMoneyMi is right. Loans on vacant land are hard to come by. Your best bet is a local bank and probably the max you will be able to get is 50% of the land's value. Good luck. The Note Buyer
Submitted by Ron 9 months ago
0 comments


A:

I have a property worth $125,000 I am wanting to ...

A lot of lenders have quit doing baloons but you can probably find one at a local bank as many of them like the shorter terms. If it were me, I would get a standard 30 year loan with no balloon. You ...
Submitted by Ron 9 months ago
0 comments


A:

If purchase a moblie home and rent the lot. When ...

Unfortunately, mobile homes tend to go down in value over time so it is doubtful its value went up. Sorry. There are a couple of exceptions, 1) If you got the home for a great below market price and ...
Submitted by Ron 9 months ago
0 comments


A:

I currently have a large judgement against myself ...

I agree with DB Lady, but I suspect you can. Keep in mind however, if you are on the mortgage you are still responsible for it. Note Buyer
Submitted by Ron 9 months ago
0 comments

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