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Miramar Short Sale Expert Advice: Mortgage Modifications Explained [Video]

By
Real Estate Agent with RE/MAX PowerPro Realty

A mortgage modification may be an option to avoid foreclosure for a distressed homeowner if they qualify for a reduced payment. As an Advanced Certified Distressed Property Expert [CDPE Advanced] I have the knowledge and expertise to assist homeowners in finding alternatives to foreclosure. I am here to HELP and provide answers to the many questions homeowners may have concerning America's foreclosure crisis.

 

Comments (2)

Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

Wishing the loan mods helped out with the principal balances as well!

Sep 06, 2011 04:42 PM
Michelle Burgos
RE/MAX PowerPro Realty - Pembroke Pines, FL
CDPE, Short Sale Expert, Pembroke Pines,Miramar,Davie,Hollywood

Liz: I actually modified my own home and was successful in reducing the mortgage balance to 50% of the original balance.  However, this option is not available to all homeowners.

Sep 06, 2011 04:47 PM