What Is Loss Mitigation | Upside Down Mortgage

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How to Save Your Home: Your Guide to Loss Mitigation

July 15th, 2009

If you are upside down in your mortgage, you might think about selling your home. But, you might not get enough money to pay off your mortgage. So, what do you have to do? There are ways to save your home and avoid foreclosure. You need to get to know the Loss Mitigation department of the bank that owns your mortgage. This book called How to Save Your Home: Your Guide to Loss Mitigation will teach you how. It is not easy to save your home but at least with this guide you will know how to do it. Your chance of being able to save your home has just increased!

I recommend How to Save Your Home and believe every homeowner could benefit from this read. -- Book Reviewed by Debra Rabin

Description of How to Save Your Home: Your Guide to Loss Mitigation
This book reveals step by step instructions and negotiation strategies based on real life case study of how five families successfully stopped foreclosure despite being $7,000 to $30,000 behind on the mortgage.

Buy How to Save Your Home: Your Guide to Loss Mitigation (Paperback) at Amazon

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Posted in Behind On Mortgage, Foreclosure, Help with mortgage, Loss Mitigation, Loss Mitigation Consultant, Loss Mitigation Department, Mortgage Problems, Short Sales, Understanding Mortgages, Upside Down Mortgage FAQs |

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Differences Between Loss Mitigation and Short Sales

July 14th, 2009

It seems to me that the only difference between gathering information for Loss Mitigation and a Short Sale is the sale and purchase contract (Short Sale). Basically the rest of the information to process the 2 are the same. Is this true?

Posted in Loss Mitigation, Short Sales |

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What Does Loss Mitigation Mean?

June 27th, 2009

I was wondering if anyone knew exactly what loss mitigation is. Basically, what does it mean to do a Loss Mitigation for your mortgage??? Thanks for any help.

Posted in Loss Mitigation, Loss Mitigation Consultant, Loss Mitigation Department, Understanding Mortgages, Upside Down Mortgage FAQs |

Tags: bank loss mitigation, Loss Mitigation, loss mitigation question, mortgage loss mitigation, what does loss mitigation mean, what is loss mitigation |

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