Copyright 2010 j.mcguire P O Box 1352, Bedford, Texas USA 76095‐1352
“Suspense Account” : Homeowner – Investor : May They Never Meet
The writer over the years has heard over and over homeowners stating that
payments were made but...
More
Copyright 2010 j.mcguire P O Box 1352, Bedford, Texas USA 76095‐1352
“Suspense Account” : Homeowner – Investor : May They Never Meet
The writer over the years has heard over and over homeowners stating that
payments were made but the payments were placed into a “Suspense Account”
instead of being applied to the indebtedness. Learn who owns the Suspense Account, who controls the Suspense Account, what happened to the homeowners' payments, who benefitted from the payments, and the accounting rules that apply!
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