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Beaware of private mortages
HELLO MY FRIENDS Just want you to be aware of the pit falls in borrowing mooney.Some time ago I myself took a loan out on my property. A private lender ,using his lawyer I thought maybe I would cut some cost ,that did not happen because in the long run the mortage was not explian to me right.
IT ended up after I PAID THE MORTAGE OFF AFTER selling my property the hidden penalties were well over what I was told,I BORROWED $110.000.00 DOLLARS AFTER TWO YEARS I OWED
$109,000.00 WITH LAWYERS FEE AND PENALTIES I HAD TO PAYBACK
$103,780.00 MAKE SURE YOU READ THE HIDDEN CLAUSE AND YOUR LAWYER DOES NOT JUST SKIP OVER THEM
PS TAKE HEED TO THIS AND YOU WILL NOT MAKE THE SAME MISTAKE AS I. |
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May, 2012
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