But what surprised me was how many options were still available, even late in the game.Here are a few things I learned (or was reminded of) during the process:✅ Loan Modifications Aren’t a MythWe helped them apply for a loan modification with their servicer.

But our first effort is to get the borrower to agree to a loan modification and have them retain ownership and us getting g a performing note. 

Getting lower property taxes is vital going forward 

The veteran still has time today 1/2024 to cure the modification, and take the property back. 

Her answer: “To stay in my home, even if it means starting over.”So, I connected her with a friend who is in foreclosure rescue, he helped her gather the needed financials, and walked her through the loan modification process.

Each deal and borrow may have different requirements though, therefor documentation modifications are likely. 

Automating the back office agent stuff is vital such as announcing new listings to agents in the area.

None of the leases expired - although we did modifications with the tenants either their businesses ultimately failed, or they obtained other locals with “free rent” for a period of time as an inducement. 

They should have gotten an endorsement or policy modification to reflect the updated value of the property.

It serves as a valuable resource for investors, enabling them to make informed decisions.Step 5: Building Trust and CredibilityBuilding credibility and trust is vital when attracting investors.