Updated almost 5 years ago on . Most recent reply
Negotiating Non Preforming Loan Modification
Howdy y'all,
I was curious how the community negotiates and communicates with distressed note homeowners. Do you use a servicer, lawyer, yourself, etc... to communicate with these homeowners? I appreciate the assistance.
Most Popular Reply
Servicer and lawyers. I'm a big fan of delegation...and each state has separate laws that I don't want to learn. I'll leave it to the professional to not say things that will screw me up. The only time I talk to the borrower is if it's a lease option.