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Topic: home loans
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BlowN67
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Member # 4229
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posted
has anybody heard or have done the short balance refinace. any pros/cons about it.
-------------------- AIM gonein67 JOHN * californiafords.com * corral.net * foureyedpride.com * yellowbullet.com * theturboforums.com
Posts: 9809 | From: Home of LARD | Registered: Mar 2004
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venomous99
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Member # 1917
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posted
what is that?ill take a guess but is it a refinance at a balance less than your principle?
-------------------- MKII Q7 89LX
Posts: 4811 | From: dc | Registered: Oct 2002
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BlowN67
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Member # 4229
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posted
heard they re appraise ur house an make a new loan base on that an 1099 on the difference. just my guess i havent done my homework on it to much yet..
-------------------- AIM gonein67 JOHN * californiafords.com * corral.net * foureyedpride.com * yellowbullet.com * theturboforums.com
Posts: 9809 | From: Home of LARD | Registered: Mar 2004
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2SIK GT
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Member # 3381
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posted
REFINACING IS ALOT MORE MONEY THEN A LOAN MODS.SO I SUGGEST NOT TO REFINANCE IN THIS SITUATION I HAVE BEEN WORKING ON ALLEAAST 20-30 LOAN MODS.... ALREADY I CAN SET IT UP FOR IT TO WORK. IF I DONT GET IT DONE THEN YOUR MONEY IS GAVE BACK TO YOU AT NO CHARGES.... IF I CANT DO IT THEN YOU GET YOUR MONEY BACK ......ITS SIMPLE. IM CURRENTLY WORKING ON A LOAN MOD FOR COUPLE PEOPLE FROM THIS BOARD IT GOING WELL LET ME KNOW IF YOUR INTERESTED... I JUST DID ONE FOR MY COUSINS HOUSE ......THEY HAVE ENOUGH MONEY TO AFFORD ALOT MORE THINGS...... I FEEL GOOD ABOUT HELPING PEOPLE OUT AND SAVING THEIR HOMES OR SAVING THEM MONEY [ January 10, 2009, 09:26 PM: Message edited by: 2SIK GT ]
-------------------- all u see is tail lights if u where driving a chevy
Posts: 979 | From: San Jose Ca | Registered: Oct 2003
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