short sale expert rocklin: Short Sale Specialist Rocklin - How to Get Your Promissory Note Waived - 02/07/11 02:46 AM
 
Short Sale Specialist Rocklin – Some lenders are very stubborn about collecting what they feel they are “rightfully owed.”
The most stubborn banks are typically credit unions and small community banks.
Also, loans that were granted with Private Mortgage Insurance can be very demanding. Private Mortgage Insurance companies such as Radian, Mortgage Guaranty Insurance Corporation, United Guaranty, and Republic Mortgage Insurance Corporation have stepped up their loss mitigation efforts.
They negotiate hard and say they will not approve a short sale without a promissory note. However, that is not always the case.
You can often convince them to waive the deficiency … (2 comments)

 

Author Bio: Mark Peek | Rocklin Short Sale | Roseville Short Sale | Lincoln Short Sale | Short Sale Agent. Mark Peek specializes in helping sellers avoid foreclosure in Roseville, Rocklin, Lincoln, Granite Bay, Citrus Heights, Fair Oaks, Orangevale, Folsom, El Dorado Hills, Sacramento, and Surrounding areas.



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