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    grayfur's Avatar
    grayfur Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 15, 2007, 10:51 AM
    Home liens
    I have a second mortgage on my home... the original amount was like 13,500.00. No payments have been made for a long time on it. There is a lien against my home for the original amount. I am refinancing and when I called the co. for a pay off on the second mortgage they gave me some ungodly amount like 27,000.00 for interest and late charges. Legally do I have to pay the bigger amount or just what the lien against the home is for?
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #2

    Oct 15, 2007, 10:54 AM
    You have to pay what you owe. If your contract included interest accruals and late charges then that's what you owe. You might try negotiating with them, but with a lien, they have the leverage.
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