Pages Navigation Menu

Helping Brokers, Buyers and Sellers

Chase 2nd

MM’s house is worth more than what she owes on the first mortgage but less than what she owes on her first and second mortgage combined.

The old stop paying and try to negotiate a payoff method was not going to work.

Chase was willing to give the client a 40-year amortization starting at 1.3% interest per year and gradually rising to 4.75%.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Tags

Subscribe To Our Newsletter

Subscribe To Our Newsletter

Sign up to receive helpful information from attorney James Robert Deal about seller-finaincing, lease-option deals, wrap-around deals, and mortgage modification.

You have Successfully Subscribed!

%d bloggers like this: