Archived
I have been trying for loan mod since 06/11. ihave 340k morg neg 90k escrow house is worth 280k. do i have shot at loan mod
Antonio's answer
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Answered on November 19, 2012
That cannot be answered based in the information you provide. The bank needs to look at your income to see if you can even afford the payments if...
Archived
I am interested in a Pre-Foreclosure home in Florida. Can i make an offer to the court?
Antonio's answer
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Answered on November 19, 2012
You can make an offer at the foreclosure sale and bids higher than you then you will take title to the property. The court will not sell you the...
I have a negative escrow balance of 90,000.00. would that be added to the mortgage during the loan mod process
Antonio's answer
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Answered on November 19, 2012
In short the answer is yes. The loan modification usually capitalizes the unpaid interest, fees, and costs into a new principal amount.
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