Mortgage insurance adds another and potentially difficult step to closing out a short sale. Why? Quite simply it adds another approval needed in the short sale approval process. When negotiating with the bank for a short sale it may appear that the assigned negotiator is the person that you are dealing with but only on [...]
Modification is Not for Every Borrower according to a Treasury Adviser
February 3, 2010 By 2 Comments
Two questions borrowers frequently ask us, “How did my neighbor get into HAMP (and/or get a loan modification) but I can’t? “Do I have to be delinquent to get a workout plan?” The best answers typically are: The secret Black Box recipe may not mix well with your situation (read more here on this) because [...]
