Things are changing with the lenders…and in a good way! We are finding that more and more lenders are willing to work on modifications and short sales.
I just completed my own modification with Wachovia (now Wells Fargo Bank) within 10 days. They lowered our payment, interest rate and even reduced our principal balance. (If you want more details..call or email me and I will share the information that I have)
I think that lenders are beginning to understand the importance of modifications and short sales to their business. And I am sure that incentives are also part of what is lighting the fire.
So don’t afraid…working with your lender is completely do-able.
As a certified distressed property expert I am also trained and knowledgeable in Short Sales…so if I can be of help..please contact me (no cost, no hassle help…how great is that!), and put my Realty World resources to work for you ~~
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