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Old 01-02-2007, 06:05 AM
florida man florida man is offline
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Join Date: Feb 2006
Posts: 389
florida man has a spectacular aura about
victor

as someone who was a debt collector for 16 years, now a mortgage professional for 2 years, i still have no idea what the deal is here.

negotiate a forebearance agreement? From my understanding, ALL banks will be more than GLAD to make a forebearance rather than have to foreclose. I dont see there being a huge need to get an 'agent' for the homeowner in that case.

If the homeowner wants to sell and move on, then i am certain we can find them a realtor who would be more than happy to find them an buyer to take the property for more than the 50% appraised value that you would be offering him to walk away.


I have the best alternative to foreclosure:

instead of 15-18% interest and 4 points up the front to a hard money lender (thats if u have at least 30-40% equity ) .... or the straw buyer, sign over my house to you investor routine.............

call this number instead:

1 800 -CHPT -13 -BANKO so that you can keep your house regardless of LTV and the JUDGE will make a payment plan that you can AFFORD.

If your house is already 95 -100% LTV -then sign over the deed to the lender, provided they waive the deficiency clause, which they will do to save the legal costs on foreclosure.

Last edited by florida man; 01-02-2007 at 06:21 AM.
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