Has anyone done a deal with "Economic Stabilization Project"? They (Jay Grant) have joined Short Sale Superstars and are proposing that they will purchase a short sale with a 3 year option for buyback. It sounds good but there are over $3000 in advance fees. Knowing that one of us had successfully done a deal would increase comfort.
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I think the saying goes "If it looks like a duck, and quacks like a duck, then its a duck"
As far as I have ever heard, NONE of these buy-back programs are allowable. If someone here as information contrary to that, I would like to know who the companies are that are offering such terms 'legally.' Thanks!
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