Mortgage Payoff Letter Example In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-0019LTR
Format:
Word; 
Rich Text
Instant download

Description

The Mortgage Payoff Letter example in Fairfax serves as a formal correspondence to request the status of a loan payoff. This document is essential for ensuring clarity in the communication regarding outstanding payments, including both principal and interest obligations. The letter includes sections for detailing the relevant loan information and any increases in the payoff amount due to additional fees, such as negative escrow related to property insurance. Users are guided to personalize the letter by filling in specific dates, names, and amounts where indicated. Attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to efficiently manage communications related to real estate transactions and mortgage settlements. The form facilitates timely follow-ups with lenders, ensuring all parties are aware of payment statuses and any changes to the payoff obligations. By using this template, legal professionals can maintain thorough records and demonstrate due diligence in financial matters. Overall, it streamlines the process of managing mortgage payoffs in a clear and organized manner.

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FAQ

Recording Requirements: Per § 55.1-407(A), the grantor must file their quitclaim deed with the County Circuit Court Clerk where the property resides. Transfer Tax: Yes (Va. Code § 58.1-801).

General Information - Land Records | Circuit Court The Land Records Division of the Fairfax Circuit Court is located on the third floor of the Fairfax County Courthouse at 4110 Chain Bridge Road in Suite 317. Telephone 703-691-7320 (press 3, then 3) (TTY 711).

The address of the Land Records Division is: Fairfax Circuit Court, 4110 Chain Bridge Road, Suite 317, Fairfax, VA 22030. The telephone number is 703/691-7320 (press 3, then 3). The office is open from a.m. – p.m. Monday through Friday.

The value is based on 100 percent of the estimated fair market value. Improvements may be valued for a part year. The real estate tax is determined by dividing the assessed value by $100.00 and multiplying that result by the tax rate as established by the Fairfax County Board of Supervisors.

Can anyone look at my deed or mortgage? Yes. Most documents recorded in the Clerk's Office are public records.

There's a process to getting the mortgage payoff statement. First, you'll need to contact your lender and let them know you want the information. Depending on your lender, you may have to sign in to an online account, call a helpline, or send a formal letter to start the request process.

How do I request a payoff letter? To get a payoff letter, ask your lender for an official payoff statement. Call or write to customer service or make the request online. While logged into your account, look for options to request or calculate a payoff amount, and provide details such as your desired payoff date.

703-222-0880. That's the number to call for assistance with any difficulties you are facing - including food, shelter, employment, financial assistance, healthcare and more other needs.

703-FAIRFAX Contact us! 703-FAIRFAX (703-324-7329) (phone, email and social media) is a contact center for general questions from 8 a.m. to p.m., Monday to Friday.

The telephone number for Calendar Control is 703-246-2221.

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Mortgage Payoff Letter Example In Fairfax