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04-20-2009, 06:39 PM #1
Renter
- Join Date
- Apr 2009
- Posts
- 1
Principal Reduction is here !!
Do you have a homeowner that is upside down? Current, late or in foreclosure?
We are offering a pricipal reduction program for all of the above. You don't have to qualify as you would for a loan mod, short refinance or new loan. We have very easy guidlines.
We actually buy the homeowner's note at a discount and then turn around and give them a new loan for the current market value of their home. They get rid of the negative equity without negative consequences. Their new loan is a 30 yr fixed rate loan.
We are able to do this because we place them with a pool of other homeowner's with the same bank. We then buy the performing & non performing notes in bulk from that bank. Since we are able to purchase at a deep discount, our program is really equity based for our investment group.
If this sounds like someting you would like to add to the services you offer, feel free to send a message and we can discuss how you can help your homeowner's and help yourself as well.



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