Call me at 661-298-2104 Now For Details! If you or your clients are in the process of losing a home because they are delinquent on the mortgage or upside down in the property then you have options. Now, the loan modification or short sale are not the only options available to you. Now the little known short payoff option (not a short sale) is becoming a much more effective method of resolving the foreclosure issue. With the steady rise in non-performing notes, banks are more willing than ever to negotiate a cash pay off or (short payoff) with investors that will immediately eliminate these non performing notes from their books. While a short sale can be a long and tedious process and loan modifications rarely reduce principal balances which gives homeowners REAL options, the short payoff (NOT a short sale) is a great way to help homeowners save their homes and get back on their feet. The advantages of the short payoff (not a short sale) option over the loan modification and short sale is that it allows borrower to stay in their homes, reduce their payments and significantly reduce their principal balance resulting in an equity position that gives homeowners strong financial footing. Countless loan modifications are denied everyday because homeowners have too much income to qualify which leaves many homeowners in very financially stressful situations as they cannot refinance to a lower interest rate because they owe more than the property is worth. The short payoff (not a …
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{ 4 comments… read them below or add one }
You seem very knowledgeable and short payoffs have been around for a very long time. I first learn about them 4 years ago. Great video.
need help?
Not only do you reduce your payment, you get f;;;ed with a 12% loan on a house you tendered full payment though the “note” the first time. This is crap, the bank has sold the note! Ask them to prove they are the “holder in due course! ” Have them produce the “original” NOTE NOT A COPY they can’t do it! Win in court! The Note is the same as a check! it payed for your house and you didn’t know it!
Learn what they did! do some research the internet is a great tool!
@middlebrookman – I would like more info please. Are you saying to do a forensic search to find out if the loan was fraudulent?