Loan Modification Assets

Loan Modification Assets

Question: I am thinking of short selling a home that I paid 300k for it is now only worth 150k. I need to find a lawyer?

I live in Miami Florida area. Also note that this is an investment home – speculation that went bad. The builders and the bank were the ones that [...]

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Loan Modification Budget

Loan Modification Budget

Question: What is the most effective way to market my product?

I am working for a Lead Generating marketing firm, I was hired to sell leads for loan modifications and debt settlement, an industry I have been in for years, only not selling leads, you guys have any suggestions, the leads are real time [...]

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Mortgage Relief Act Of 2008

Mortgage Relief Act Of 2008

Question: Does the mortgage debt relief act apply to people who refinanced?

I hear 2 versions of this story. That the canceled debt from my short sale this year will NOT be considered income and others say it will be because a refinanced and made it a recourse loan. My CPA [...]

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Obama Loan Modification Details

Obama Loan Modification Details
Subprime lenders who fueled the U.S. housing crisis may be reaping benefits from the Obama administration’s Home Loan Modification program, according to a report from the Center for Public Integrity (CPI).
The $75-billion program, dubbed Making Home Affordable, grants taxpayer subsidies to lenders who successfully lower monthly payments for troubled borrowers. However, the [...]

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Mortgage Modification Updates

Mortgage Modification Updates

Q:  Hi Todd. Are there set rules for mortgage modifications.  I get different answers depending on who I talk to.
 
A:  Great question.  There are some questions in real estate where a good real estate should say, “I don’t know.”  Until now this was one of those questions.  I say ‘until now’ because the [...]

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