Lien Payoff Request Form (rev-1038) In Wake
State:
Multi-State
County:
Wake
Control #:
US-0019LTR
Format:
Word;
Rich Text
Instant download
Description
The lien payoff request form in Wake serves as a formal communication tool to request the payoff details for a loan. It is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants who need to manage financial obligations related to property loans. Key features include space for detailed recipient information, a clear request for payment status, and specific figures related to negative escrow and accrued interest. Users should fill in the date, names, and amounts accurately to ensure clarity. It is advisable to adapt the template according to specific circumstances, ensuring that all relevant figures are updated and correct. The form's structure allows for easy editing and makes it straightforward to convey necessary financial information to the recipient. This tool is particularly beneficial in cases where timely financial transactions are essential, providing a clear and professional method to handle loan payment inquiries.
Form popularity
FAQ
Focusing on this geographical region, the Deed of Trust is the preferred or required security instrument for real property in the following states: Maryland, North Carolina, Tennessee, Virginia and West Virginia. Mortgages are used in Kentucky, Ohio and Pennsylvania.
To ensure a proper payoff, sellers or closing agents must contact the lien holder or their attorney for an official payoff statement. This statement outlines the final payoff amount and includes details on principal balances, accrued interest, attorney's fees, and administrative costs.
Centralized Lien Operation — To resolve basic and routine lien issues: verify a lien, request lien payoff amount, or release a lien, call 800-913-6050 or e-fax 855-390-3530.
