i would like to payoff a friends mortgage .how can i find out the remaining ballance?

Asked by Cliff, 91356 Sat Jul 14, 2012

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11
Diana Rosero, Agent, Burbank, CA
Mon Mar 31, 2014
Hello Cliff,

Nice to meet you.

I am sure your friend is quite happy!

The lender will provide a payoff for you good for 30 days. Make sure to pull title to be sure there are no other outstanding liens.

All the best!

Diana Rosero
Broker Associate
Prime Partners Realty @ KW Burbank
818.859.9930 - Direct
diana@dianarosero.com
http://www.PrimePartnersRealty.com
0 votes
Kevin and Ju…, Agent, Wildomar, CA
Wed Nov 20, 2013
How nice! Contact the lender for a payoff amount. You will need permission to speak with the lender from your friend.
0 votes
Nick Santa A…, Home Buyer, Santa Ana, CA
Wed Nov 20, 2013
It seems you might need to do a simple title research to know the mortgage remaining balance, current repayment policy, property tax and to make sure your friend is the legal and sole owner of the property. Some real estate information service website such as nextace.com allows you to search and download updated ownership information, even a copy of the deed.
Web Reference:  http://www.nextace.com
0 votes
, ,
Sun Jul 15, 2012
Cliff: payoff balances are available for the borrower.
Call the current lender servicing the loan.
Social security number is required.
So..if you are trying to do this as a surprise, it may be diffcutl to surprise.

Your friend should be able to obtain that information 24/7.
0 votes
Vicky Chrisn…, Agent, Purcellvile, VA
Sun Jul 15, 2012
You can pay mine, I will give you the information you need! ;) Oh, that's probably not what you meant, is it? As everyone said - your friend can provide you with this information. If you're trying to do it "secretively" you may wish to employ the help of a settlement company who can probably get a payoff for you.
0 votes
Kim H Wells, Agent, Blakeslee, OH
Sat Jul 14, 2012
Hello cliff, Have your friend call the lender and ask for a payoff balance on his loan. He will have to call being it is in his name. I am very sure if they will accept YOUR check though. HEHEHE. God bless you!!!! That's a big Random Act of Kindness!
0 votes
Karo Karapet…, Agent, Calabasas, CA
Sat Jul 14, 2012
Check public record to see how many loans/liens are on it, then get a third party authorization and then call the banks and ask for a pay off amount.

Any other questions, call me on my direct number @ 310-435-8179

Best regards,

-Karo Karapetyan
0 votes
SERGEY FEDNOV…, Agent, Beverly Hills, CA
Sat Jul 14, 2012
Just call the bank and ask for a pay off amount.

Should you have any questions - please do not hesitate to call me Toll Free 1-855-TRUST-55 ext.777 ( 1-855-878-7855 ext.777).


Sergey Fednov
President/Realtor
_____________________
Trust Sale Realty
Toll Free: 1-855-TRUST-55ext. 777
Toll free: 1-855-878-7855 ext. 777
Phone: 424-777-9377
Fax: 310-356-4925
http://www.TrustSale.com
http://www.TrustSaleRealty.com
* We Hire California Licensed Realtors - 100% Commission!
0 votes
Neil Singerm…, Agent, Los Angeles, CA
Sat Jul 14, 2012
Cliff,

I would have your friend call the bank an ask for a payoff balance.

Neil Singerman
310-571-5470
Keller Williams Realty Westside
DRE 01097970
Web Reference:  http://neilsingerman.com
0 votes
Gitta Van Be…, Agent, Encino, CA
Sat Jul 14, 2012
You will have to call the tite company to find out which liens are on the property and in addition you need to call the bank and find out how much the balance is.
Gitta
0 votes
Sue Wylie, , California
Sat Jul 14, 2012
You would need to have the friend's loan number and/or a recent mortgage statement.
0 votes
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