How can we do this?
Well the answer is simple.  If your home is worth less than what you owe, but worth more than what the bank might get at an auction, then we can show them these numbers and their loss if they were to proceed to auction your home. Remember, a lot of these homes aren't even selling at auctions. Here's just one of our methods
example: Let's say your home is worth $375,000 But you have a 1st mortgage in the amount of $400,000 and a 2nd mortgage in the amount of $100,000. If the bank was to auction your home I can almost guarantee they will not get the value amount which is $375k. If they knock off your second mortgage they still get $400k plus interest. Which one would you choose? Numbers make sense. And of course this proposal is not accepted at first. Your legal team counter offers until we get the best modification for you. This could take up to 3 months depending on how willing your bank is to accept our offers. This is why you need experts to work on your behalf, not the bank's. Your Lender has 2 options: Either to accept your modified loan, or to take a huge loss due to irresponsible lending. Pre-Approval Loan Modification Application |
Eliminate 2nd or 3rd Mortgages
Subpages (1):
Stop Foreclosure
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