www.wheresmyequity.com Starting April 5th, lenders will start mailing letters to all borrowers who have been denied a HAMP (Home Affordable Modification Program) modification. With this program, borrowers can choose either a deed-in-lieu or short sale over foreclosure. Incentives for borrowers include a $1500 moving allowance, no contributions needed at closing, no deficiency judgement, no promissory note, and a proposed streamlined process.
Read More... [Source: YouTube Videos tagged with foreclosure]
Thursday, April 1, 2010
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