Posted on April 29, 2010 at 3:00am 2 Comments 0 Likes
Posted on March 26, 2010 at 7:58am 0 Comments 0 Likes
People who face losing their home in foreclosure often ask, "If the bank is going to lose all this money by selling my home at fair market value, why can't they re-work my loan at that same price? I could make
the payment if they would simply reduce my loan balance to fair market
value." In effect, that is exactly what Bank of America is proposing
to do.
Not all of the details are out, but…
Continue© 2024 Created by Short Sale Superstars LLC. Powered by
Short Sale Superstars, LLC and www.ShortSaleSuperstars.com does not endorse the real estate agents, loan officers, attorneys, real estate brokers and other participants listed on this site. These real estate profiles, blogs, blog entries and forums are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a short sale. Short Sale Superstars, LLC takes no responsibility for the content on these pages that are written by the members of this community.
Comment Wall
You need to be a member of Short Sale Superstars to add comments!
Join Short Sale Superstars