Hi Guys,
As I was reading this topic, my husband and I felt a little relief. We talked to Veronica of Griswold Law and at first we were a little hesitant. We all know that nowadays some people who claim to be a pro. loan mod. or loss mit. all they need is $$$$$$ and once they have your $$$$$$ they don't even bother to perform the work.
The most thing my husband and I was concern or hesitant because we have a 4-plex with American Servicing Company. Out 4-plex is neg. cashflow because the market value went down the drain and etc. I know investing $2995 to the law firm is like the end of the world when you don't know the bank is going to approve or not when there's a neg. cashflow. I asked her if this does not work out with the lender, will we get our $2995 back.
I don't know if any of you guys have any positive outcome with your investment property? If not do the law firm refund your $$$ back? I know it's a dumb question but I just want to know if it's worth it.
I know with our main home with
CW, I have confidence that the lender will be able to ok for a loan mod.