Can current lien holder hold up a total refi because they want to take pictures INSIDE of your home?
cdstallman asked:
We were able to stop a sheriff sale on our home by obtaining a refiance with a different mortgage lender. The current mortgage company will not release the lien on our home or process the payoff any further until they are able to take pictures inside and outside of our home. Our current mortgage company has not been very cooperative with the process of our refinance - they would not communicate with the new company - we were able to stop the sheriff sale literally last minute. We have signed everything with our new mortgage company, but the current insists on these pictures. WHY?? I just want to move on…but what right do they have to do this?
TREVOR
We were able to stop a sheriff sale on our home by obtaining a refiance with a different mortgage lender. The current mortgage company will not release the lien on our home or process the payoff any further until they are able to take pictures inside and outside of our home. Our current mortgage company has not been very cooperative with the process of our refinance - they would not communicate with the new company - we were able to stop the sheriff sale literally last minute. We have signed everything with our new mortgage company, but the current insists on these pictures. WHY?? I just want to move on…but what right do they have to do this?
TREVOR
Comments
2 Responses to “Can current lien holder hold up a total refi because they want to take pictures INSIDE of your home?”
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CODY
Because you took a mortgage with them. You can only sell if you can pay them back in cash. If not, you must comply with their requirements.
OCTAVIO
That makes no sense whatsoever. But, is there any real reason for you to be afraid of letting a few interior pictures be taken? Seems to me that’s the easiest way to handle this.