Now, I negotiate with banks for the short sales but have a friend that personally negotiates with banks for loss mitigation and loan modifications etc. They have been EXTREMELY successful in their programs and have recently starting working with a company that does principal reduction loan modifications! This is huge because you should have three categories of someone in Foreclosure.

The loss mitigation candidate may not be “that” over leveraged but had a “temporary hardship” such as loss of job. loss mitigation would work great for this type of client. The next is someone whose arm adjusted and their home is worth much less than what is owed. In this case you would want to try for the Principal Reduction loan modification Program! They lower your interest, have your loan reammortized and your principal reduced to the actual value of the home. The other would be someone who is either slightly or severely over leveraged and absolutely cannot resume their payments due to a permanent hardship. This would be a prime candidate for a short sale!

My thoughts are to ALWAYS take an application and review the clients individual situation first and determine which is going to work best for the client long term. Then move forward from there. It is ALWAYS best to keep a homeowner in the home if it is an option and should be the VERY FIRST step!

We are the generation who will live to see a cashless society, microchips in everything - includig us - and no freedis ushered in through the back door.

Ordinary people need to wake up, before it’s too late. The mainstream media is complicit, and a free Internet is our only hope for sharing information. People who fail to educate themselves on the issues are, in effect, selling their children & future generations into slavery. Opting to do nothing is tantamount to letting it happen.

Is this the world that people want? Not for me; I remember a different world, a freer and better one.