landowner

wells fargo home mortgage on release of mineral rights for money

does anyone know the policy wells fargo has for releaseing the mortgagor his or her mineral rights so they can collect money

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Permalink Reply by Snake Stewart on August 25, 2008 at 14:22
Not sure exactly what you mean . If Wells Fargo holds your mortgage that doesn't mean that they own your minerals. Most of the people I know dont own their homes out right but they can still lease their minerals.I am certainly no lawyer but I am quite sure this is the conclusion that was arrived at during the discussion. This was a discussion earlier on this site that went into detail about this . I will try and find it and supply you with the link.

landownerPermalink Reply by jimmy and melanie gilcrease on August 28, 2008 at 14:41
could you do that for me as well?
thank you.

landownerPermalink Reply by J. A. on March 2, 2009 at 17:56
Test email
Permalink Reply by Snake Stewart on August 25, 2008 at 14:34
Good question Jim71006 , I was kinda wondering the same thing.

landownerPermalink Reply by Dena A1 on August 25, 2008 at 14:43
My co-worker has a mortage with Wells Fargo, and they leased with CK a month ago. They live in Bossier City. There was no problem with the lease, because of it mortgaged.

landownerPermalink Reply by burt whitten on August 25, 2008 at 14:45
they want a completed and signed"application for modification to original mortgage document", which states that I agree that wells fargo may at its option apply any of the proceeds from my transaction to my home mortgage and or to such other items as they may deem proper, as well as an application fee before they give me any information as to releasing my mineral rights to me.

landownerPermalink Reply by burt whitten on August 25, 2008 at 14:49
the words mineral rights aren't used on my mortgage papers

landownerPermalink Reply by burt whitten on August 25, 2008 at 14:52
yes wells fargo home mortgage

landownerPermalink Reply by burt whitten on August 25, 2008 at 14:54
sounds good to me
Permalink Reply by Snake Stewart on August 25, 2008 at 14:57
I would probably ask the better business bureau if they have had any complaints in this regard concerning wells fargo. I would probably refinance somewhere else if that option is available to you.

landownerPermalink Reply by burt whitten on August 25, 2008 at 15:05
thanks guys for all your help

landownerPermalink Reply by burt whitten on August 25, 2008 at 15:00
has anyone on this website had a mortgage with wells fargo

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