Vacant house on Parkwood-Status

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Bill Call
Posts: 3319
Joined: Mon Jun 06, 2005 1:10 pm

Vacant house on Parkwood-Status

Post by Bill Call »

My wife spent her high school years in a house on Parkwood that has been vacant for over four years. It has been in foreclosure for at least that long. I have no idea why it should take so long to foreclose on a vacant house; but that's a subject for a different post.

I spent a few minutes today to find out who owns the mortgage and what action they are taking.

I found that the original mortgage holder sold the mortgage to an investment group. The manager I talked to was able to get me a telephone number for the current note holder.

I just left a message at that number.

By the way, the original note holder was quit pleased to find out that they were able to sell a mortgage that has been in default for 4 years!

If there is any interest I will keep posting my experience.