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Mike Johnson
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Mike Johnson answered:
Hi Milt
There are a couple of options a loan modification if you want to keep the property or a short sale. You should call your current lenders loss mitigation department, explain your situation and fill out hardship or short sale paperwork. Then you will know what kind of payment terms are available with the loan modification and be able to make an informed decision on which option is best for you.
There are a couple of options a loan modification if you want to keep the property or a short sale. You should call your current lenders loss mitigation department, explain your situation and fill out hardship or short sale paperwork. Then you will know what kind of payment terms are available with the loan modification and be able to make an informed decision on which option is best for you.
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