Good food for thought.

Food for thought!

With a private note holder, a mortgage verification is nothing more than a representation by the note holder, it can not be relied upon as that individual has a vested interest in obtaining funds from the payoff, it's assumed that, if they aren't lying, they are not accurate.Payment is considered made when the check clears, not when it's written.

As for the contractor, whether it is actually a lien or not, it will be wiped out at foreclosure as long as you're in first position.The only card I've ever seen a 2nd position lien holder try to play was to threaten to force the borrower into bankruptcy.

Only the mortgagor may redeem the property, not a junior lien holder.

As a note holder, when I receive a note payment from my loan servicing company it is net the borrowers loan payment minus the loan servicing fee.

-100 for food, now you have 15 bucks slush fund and 85 for maint or 100 for a balance.

So that would take care of the issue of same rent amount deposits.Bank of America and USAA also have a free service to make online transfers to other account holders within the bank.

If all the food, clothing, and furniture is gone, they're probably gone.

It you're using your ATM card to pay small amount, like grabbing a sandwich at a fast food restaurant or something at a convenience store, I would strongly encourage this.