Re: low value home
Posted by Tom Brady on November 15, 2008 at 16:22:36:
In Reply to: low value home
Posted by JeremyG on November 14, 2008 at 17:34:50:
If you are paying more than your house’s actual worth, the best thing to do is to make this known to your lender. Be ready with your papers to support your claim. Having done so, you should ask your lender to adjust your current payment. We call this a loan modification agreement.
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