Formal written notice to a borrower that a default on a loan has occurred and that legal action may be taken.
To apply for an online mortgage, an applicant is asked to provide personal and financial data about themselves. In order to help you compare one site to another, we have estimated the number of questions that must be answered to complete an application at each site.
A fee charged by New York title companies or attorneys to cover the cost of searching the public record for court orders against the current owner or proposed purchaser that could affect the title of the property. The tax records are searched as well. For our comparison purposes, the NY Tax & Title Search fee is considered to be a third party fee.
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