Learn About Short Payoff Refinance, Short Sales, Loan Modifications and Deed In Lieu of Foreclosure

Call 661-466-4111 for details today! This video is spefically about the short payoff or short payoff refinance solution that allows homeowners to keep their homes while significanlty reducing the principle balances on their loans. Principle balance reduction is not a game most lenders want to play as the greed that has been prevalent in the mortgage banking industry continues. Homeowners buried in their homes are upside down and delinquent and the short payoff solution in this video addresses this issue head on. The conventional short payoff refinance offered by banks are not as favorable as most lenders are not agreeing to these terms and borrowers are required to have stellar credit and no late mortgage payments. Many homeowners are looking at the loan modification alternative which may work well for some but for many will cause them long term economic hardship as they are handcuffed to their homes without the ability to sell or refinance for several years (even decades) to come. Visit www.CreateRealEstateEquity.info or call 661-298-2104 for details today!

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Foreclosure Bailout Refinance Program for Mortgage Brokers

Leaseoptionprogram.com helps homeowners in foreclosure who have equity and wish to keep their home. If you are unable to refinance the client and they have no other option, send them to us. We match that client with an investor who will purchase the home and lease it back . This stops the foreclosure and keeps the client in the home at a payment that they can afford. Mortgage brokers who refer a client to us receive a 1 point fee now and hopefully are able to refinance that client in 12 months.

realestatemarketingthisweek.com – Foreclosure rates on Forbearance Agreements done with banks reaches 58% – Part 3 – In studio with us today on this fine New years eve is Dan Havey, the co founder of the modification hotline as well as the author of The Foreclosure Sharks a great white paper he put together. He is also the author of Real Estates Future and this segment we are talking about loan modifications and some specific information. You also have a great story to tell about this to. Well unfortunately I have too many stories about people who have had to go through foreclosures, bankruptcies, loan modifications. The one story I want to talk about real quick is a friend of mine who unbeknownst to me went out and did a loan modification on her own and not to get into a whole bunch of technical details on it she ended up getting a pretty decent interest rate because they actually cut her mortgage payment in half and she was pretty happy about that. She owed a little bit more than the house was worth, she wasnt terribly upside down, but by the time they got done with her she certainly was going to be because the modification, and actually I should not call it a modification, I should call it a forbearance agreement, what they did to her was to say, OK we will cut your interest rate in half, we will cut your monthly payment in half, but we will take all of that deferred interest and tack it onto the back end of the loan. So that by the time her interest rate went back to

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