BACFS contact - REO Property Preservation Forum
 
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post #1 of 3 (permalink) Old 12-11-2012, 10:21 AM Thread Starter
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BACFS contact

Does anyone have a contact for BACFS? I am going to be proceeding with putting some liens on properties that I did through one of their regionals, but want to contact them first. Feel free to PM me.

Thanks
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post #2 of 3 (permalink) Old 12-14-2012, 10:45 AM
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Originally Posted by SwiftRes View Post
Does anyone have a contact for BACFS? I am going to be proceeding with putting some liens on properties that I did through one of their regionals, but want to contact them first. Feel free to PM me.

Thanks
Why just file the LEIN It is a black eye in the face of the servicer and they are usally told " MAKE THIS GO AWAY" by hte lending instution and you get paid. JUST send the LEIN to the servicer and have it recorded. DOn't forget to charge for the (1) filing fee (2) your milage (3) time to file (4) as well as time to fill out the paper work and a return trip to have the payoff of Lein recorded. Basically double the filing fee and costs for what you can charge and add to the costs of what was done.
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post #3 of 3 (permalink) Old 12-14-2012, 01:28 PM Thread Starter
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Why just file the LEIN It is a black eye in the face of the servicer and they are usally told " MAKE THIS GO AWAY" by hte lending instution and you get paid. JUST send the LEIN to the servicer and have it recorded. DOn't forget to charge for the (1) filing fee (2) your milage (3) time to file (4) as well as time to fill out the paper work and a return trip to have the payoff of Lein recorded. Basically double the filing fee and costs for what you can charge and add to the costs of what was done.
My fear is that these are pre-sale properties, so I'm liening the previous homeowner. I assume then the previous homeowner would have to be served since they are the owners of record of the property. While the servicer/national would be served, liening 150 properties/homeowners could turn out to be a disaster.
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