Tom Farwell
Tom's latest writings
PMI - A Big Time Short Sale Deal Killer
Recently I was working with a client who was facing foreclosure. They had been working with their lender on performing a loan modification. According to the bank representative, their income ratios were not sufficient to do the modification. Therefore, our focus was to stop the pending foreclosure by conducting a short sale. I asked the homeowner how many loans she had on the property and she responded, one.... (posted by Tom 3 years 105 days ago.)
Recently I was working with a client who was facing foreclosure. They had been working with their lender on performing a loan modification. According to the bank representative, their income ratios were not sufficient to do the modification. Therefore, our focus was to stop the pending foreclosure by conducting a short sale. I asked the homeowner how many loans she had on the property and she responded, one.... (posted by Tom 3 years 105 days ago.)
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