Geez Helen, I don't know. What do you think?

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Re: Non-performing second / Predatory Lending

Posted by Pahomes on March 25, 2004 at 10:41 AM

In Reply to: Re: Non-performing second / Predatory Lending posted by Rick Harmon on March 25, 2004 at 8:53 AM

You're absolutely on the right track with your responses as to what I'm thinking.

We would like to get instantly cashed out at this point. However, the HO
has some property that may be worth about 15K.

They already filed BK7 last year. Was considering trying to sell, but
is now wanting to refinance/loan mod.
We're going to investigate the latter two items and hopefully try to achieve
some type of resolution with HO.

I'm not saying we're doing the loan mod. I just want to be clear that
this may or may not impact me in my decision.


Thanks Rick !


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