Mangled Mortgage: The 2020 Edition: Everything You Need To Know About Foreclosures, Short Sales & Loan Modifications
Mangled Mortgage: The 2020 Edition: Everything You Need To Know About Foreclosures, Short Sales & Loan Modifications

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It's mid-2020 and the world is in the middle of the worst pandemic in generations. Unemployment is soaring and over 30% of households in the United States missed a housing payment last month. If history is any guide, the current situation will not end well for many homeowners. So what can you do about it? If you are a homeowner, you have some options for relief that may be able to save your home, your credit score or both. Those options are directly related to how fast you move. Ignoring you situation or living in denial will not get you very far, so you need to be proactive. Mangled Mortgage will teach you how to speak to your lender and how to maximize your options for forbearance and loan modifications. If you are a real estate agent, you will have the chance to help your less informed clients save their homes, or help them find a housing situation that is more sustainable for the long-term. Guess what? When you help your clients out of a sticky financial situation, they tend to remember that and call you with future housing needs and referrals to their friends. Mangled Mortgage will teach you how to be of service when your clients are experiencing tough times. If you are an investor, a housing market with distressed houses and distressed owners can provide opportunities for you. There is almost always a win-win situation where you can find great deals on properties and help people out of a jam at the same time. Understanding the processes and laws around foreclosures and short sales is critical if you want to find the best deals in your area. Mangled Mortgage will teach you the strategies used by some of the best distressed housing investors in the world. Understanding how all the pieces fit together is important for anyone engaged in a world where foreclosures, short sales and loan modifications are commonplace. With some hard work and some luck, real estate professionals will be able to help avert a housing meltdown like the one in the late 2000s. Mangled Mortgage is a comprehensive guide that will show you how all the pieces fit together and what YOU can do to help.

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  • Released: February 24, 2020
  • Author: Jon Sterling
  • Rating: 4,9
  • Publisher: Ebook Digital Agent
  • Total Page: 250 pages
  • File Size: 20000 KB
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