Todd Kevitch's Discussions

It's very difficult to negotiate with unrealistic sellers.  In our market, the only properties selling are foreclosures and short sales.  There are still properties priced at 2007 prices - these properties won't sell in this market until the prices are adjusted to current market value. 

If it is your intention to remain in your home, contact an experienced attorney in your area who does loan modifications to renegotiate your loan.  If you intend to move, contact an experienced real estate agent to handle your short sale.  You can also work with an attorney or short sale company to handle negotiations with your lender, however, do not pay anything up front for this service.  Reputable companies will get their fees directly from the lender.