Your Questions About Check My Mortgage Balance

Charles asks…

Insurance paid mortgage company,who KEPT CHECK*WORK=COMPLETE,mortgage company doesn’t pay-out,(10)weeks.later?

HELP…I HAD TREES FALL ON MY HOUSE & DAMAGE THE ROOF, THE SIDING, & THE TRIM… I QUICKLY HAD A TREE SRVC.COME IN & CLN.UP ALL THE TREES, LIMBS, ETC.& HAUL OFF ANY DEBRIS…THEY ALSO CUT OUT SOME TWISTED & BROKEN/CRACKED LIMBS,UP IN THE TREES THAT WERE STILL STANDING…I PAID THEM $1000.00 CASH & THEY HELD A CHK-4- THE BALANCE=$5100.00(PERSONAL CHK.FROM:MY CHK.ACCT)& SINCE THEN,INSURANCE= PAID OUT $9989.00 ON A $12,001.00 DAMAGE BILL, BUT THEY PAID THE MORTGAGE COM.& I HAVE BEEN TRYING-2-GET THE TREE-SRVC.PAID-4-OVR.(10)WEEKS.NOW…I KEEP HAVIN’ -2-JUMP THRU HOOPS…SEND THE SAME FORMS, MULTIPLE TIMES,EVEN WHEN I HAVE FAX CONF.SHEETS…THEY SAY THEY DON’T HAVE IT,OR HAVE NOT RCV’D IT, ETC.& THE WORK HAS BEEN DONE SINCE(4)DAYS AFTR.DAMAGE WAS DONE…NEED HELP…I HAVE B-4 AND AFTR.PICS.THAT PROVE THE WRK=DONE…WHY DOESN’T MORTGAGE COMPANY PAY-OUT?

admin answers:

Look, there’s only a very limited amount of debris removal coverage under your policy. The mortgage company isn’t going to pay out until the WORK is complete – that doesn’t include TREE REMOVAL. They’re going to want the actual DAMAGE to the house – roof, siding, & trim – fixed – before they pay ANY of it out.

You can call your adjuster, tell them the check was lost, have a tracer put on it, and if the insurance company can verify it wasn’t cashed, ask the adjuster to pay the contractor who fixed the house part of the claim directly.

Or, you can file a complaint with your state banking commissioner.

And you should probably stop writing in all caps. It’s the computer equivalent of screaming, and after all, we’re trying to help you here, and would rather not be screamed at.

Ken asks…

Grammar check. …..?

Pls check my grammar: “The mortgage balance for the next 12 months is as follows?”

admin answers:

Your answer is right
The mortgage balance for the next 12 months is as follows :
No question mark needed

🙂

Carol asks…

Addicted to checking Bank Balance HELP!!!!?

I earn a fairly decent wage, all my bills are paid every month but I usually end up in my £500.00 overdraft.I know a £500.00 overdraft is not that much of a big deal as most people are but I can’t stop worrying and stressing about money and checking my balance. I constantly worry I am skint and I have a mortgage etc, help me! I am stressing myself out! I’m even going on holiday this year so I can’t be that skint!

admin answers:

You are like me.It is good to check every day to prevent bank charges and unauthorised transactions.

Addition: I am glad I check my bank; the council had made an unauthorised Direct Debit to my bank. I cancelled it and complained to the council.Was cheeky as they never asked my permission to set up the direct debit after I cancelled it last month!!

James asks…

What is my best course of action regarding not getting back my security deposit from my landlord?

I’m in NJ (strong tenant rights state) I had a lease in place for 3 months with 1st months rent and security paid.

On move in day with no prior notice my landlord failed to deliver the premises and would not give up the keys due to his negligence to keep me properly informed regarding finding out his mortgage company prohibited making his primary residence a rental due to the amount of money he owed. He knew the situation at hand before I signed the lease but states he was optimistic he could get their approval before move in date but never mentioned to me my move in was based on his mortgage companies contignecy. He told me this on move in day keeping me in the dark. My lease is still binding because he was optimistic he could get it resolved and knew the situation before signing and never informed me of anything except on move in day.

He’s done nothing to mitigate his damages, he returned my security deposit back to me 2 weeks later after the breach he only had 5 days max. Now a week later the check balanced due to him having insufficent funds in his account and I get charged a fee for this.

What is my best course of action to ensure he pays for not only taking 2 weeks to return my security deposit back but now having it balance 5 days later taking the money away and I get charged an additional fee from my bank I’m so mad at every circumstance in this situation.

Now I’m to the point where i just want him to pay for doing this to me.

Should I contact him and tell him to resend it or should I let him figure it out keeping in mind it’s only delaying his damages and delaying my ability to do a reasonable search for housing. As I understand from the laws perspective my search for housing can’t be done until I’ve recieved my security deposit back.

The breach happened on June 15th now it’s July 9th should I at least wait until the 16th to mention this given he’ll have to pay double the security deposit and he’ll have to pay 2 months worth of damages for a reasonable search for similar housing?

I have money for now but the check balancing was the last straw I want to get every dollar I’m entitled to for his negligence and egregious behavior.
I move back home with my parents for the time being an hour away from my town. Currently I’m commutting to work I’ll wait as long as needed with my main goal of making him pay as much money as possible for screwing me harder then anyone can imagine.
Best course of action meaning should I demand it now or wait another week or so it would be over a month and he didn’t return it?

admin answers:

While i am not sure about the law in n.j. I know that most states will award damages to you for any expense you have been out and a refund of all the money which you paid him, including the o.d. Charge from the bank. You may also be entitled to losses you may have obtained while seeking a new residence to live. (all and any expense incurred).
I would be of the opinion that you need to go see your county attorney about this matter and take all documentation which you may have concerning this subject, with you. I am sure, based on your statement, you will receive a judgment against him.
Good luck with this matter.
The dj man said that (a former landlord and presently a city commissioner)

Steven asks…

My bank held a check and my account was overdrawn.?

I got a personal loan from a well known lending institute and was cut a check for $3300 in which I deposited via drive-thru at my bank in my chk acct on Monday. Yesterday the ATM denied me a withdrawal of $30 due to insuff. funds. Inside the teller tells me a hold is on the check til next Tuesday (1 wk) because there’s been fraudulent activities in the banking industry so they’re being cautious.

The teller tells me my account was overdrawn by $1468 of 3 checks including my mortgage AND in addition to a return made on a $615 check. I paid my mortgage Wednesday and they must’ve immediately submitted because it cleared on Thursday.

As of this morning the 3 checks totaling $1468 are pending return and I have a negative balance of $268. My paycheck which is direct deposit brought the balance down by catching 2 bills I pay EBT cleared overnight. I have 5 returned item fees and the companies may charge fees, I have no $ til Tues and feel wrongfully screwed . What can I do?

admin answers:

You may want to speak with a branch manager or higher as suggested. Usually bank tellers aren’t well informed and don’t provide the most accurate information with regard to their bank’s policy.

With most institutions, there is an automatic hold placed on any type of funds deposited via ATM. This is a safeguarding measure so that they have time to verify the items deposited and to make any necessary adjustments the following business day before allowing customers access to these funds. There are also holds placed where the amount of days are dependent upon the amount of the check and where it originates (local or out of state). Each bank has a different policy which they are required to post in a conspicuous place.

Usually, banks will post such policies on the ATM console itself or within their branch. This information is also disclosed to you as a new client (although must people don’t read such disclosures). If for some reason they had placed an extended hold on funds, they are required to notify you within a reasonable amount of time. For some banks it’s as soon as within 24 hours. If they failed to do this you have a right to dispute any fees you have incurred, which they are obligated to reimburse and/or pay.

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