Monday, July 27, 2009

Bankruptcy And Short Sales

I was told you could file bankruptcy and complete a short sale. This doesn;t help me much of course because I want a principal reduction loan mod. For more information on this, ask Larry inkler about his principal reduction loan mod.

Sunday, July 26, 2009


Did anyone else get a letter saying their principal would be reduced on their mortgage? This seems to be an urban myth but I thought I'd throw it out there. If you have received a principal reduction loan modification letter then please by all means let me know.

Principal reduction on a loan modifictaion with a letter assuring that the principal would be reduced seems to be a great idea. Maybe it will catch on. Again, by all means, leave a comment about your principal being reduced ona loan mod letter. Thanks!