What happens when Boundary Abstract services an account?
Buyers make payments directly to Boundary Abstract. Boundary Abstract records the payment, calculates the principal and interest, subtracts any fees and then disburses the payment to the seller. Boundary Abstract also holds original documents for release when the account is fully satisfied.
Boundary Abstract also provides payment coupons for the buyer, monthly payment notification for the seller, buyer receipts, direct deposits, automatic withdrawal for payment and late notices.