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Agent2Agent in Lawrenceville : Real Estate Advice

  • All437
  • Local Info50
  • Home Buying114
  • Home Selling5
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Activity 3
Tue Dec 2, 2014
answered:
You could try the Home Affordable Modification Program if a conventional loan does not work. FHA allows debt to income ratios up to 55% in some cases. Naturally their first call needs to be to their current lender to find out what type of loan they are in; Fannie Mae, Freddie Mac, FHA, USDA, VA, Sub-prime etc. and see what they are willing to do. If their lender advises them to miss payments in order to qualify for a modification tell your customer not to do that.

If no reasonable modification or refinance will lower their payments enough, there is not a whole lot that can be done by an outside lender.

I noticed your subject line says, "...property taxes more than doubled." Did that happen in this case?
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Sat Jan 28, 2012
Michael Hammond answered:
Prudential was the listing broker and Norman was the selling broker, Lif2u. Hope this helps.
Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com
... more
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Fri Oct 23, 2009
Vicki Maselli-Shoop answered:
Hi Kim,

I highly recommend Phil Earley with Platinum Property Management Services LLC located in Suwanee, GA. Phil's partner is Tim Wolter. They're both great guys who appear to be on the ball and give great customer service. Please mention to Phil that I referred you. Best wishes - Ted ... more
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Agent2Agent in Lawrenceville Zip Codes

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