Posted by Patrick Precourt on Jan 18th, 2009 | 1 Comment
These days many 2nd mortgage companies are now asking for 10% of their principal balance in order to release their lien. Prior to these recent changes, ALL 1st mortgage holders allowed a maximum of $1,000 to 2nd mortgages, period. Once 2nd mortgage holders started demanding 10%, it made obtaining approvals from both mortgages quite challenging. After all, 10% is quite a large number! And most 1st mortgages...
Posted by Patrick Precourt on Jan 15th, 2009 | No Comments
Take a tour of the North Shore Enterprises office, guided by Bob Lachance. Bob shows you how the office is set up and introduces you to the office pirate! Arggg!