QUESTION
If I signed a loan modification and the back comes back to say they made a mistake do I have to sign a new one?
Asked on Aug 05th, 2013 on Foreclosures - New Jersey
More details to this question:
This is a mortgage modification. The bank forgot to include taxes owed.
1 ANSWER
General Law Attorney serving Cherry Hill, NJ
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Mark S. Cherry, Attorney at Law, PC
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It would require a reading of the modification agreement to see if there is a cooperation agreement. Most reaffirm the language of the original mortgage document which adds tax and insurance advances as due.
Answered on Aug 05th, 2013 at 8:46 PM