user1515826's Advice

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user1515826 wrote:

Any options for investor owned properties with underwater mortgages?

Answer
Do you have a jumbo underwater mortgage?  Any estimate on CMV, and what was original price at closing?
September 15 2012
(0)

are there any programs for home owners who are underwater, but do not have freddie or fannie loans?

Answer
Greetings,You posted this in Feb of 2012, Not sure if this is still your situation. If so please contact me [hotlink removed by Zillow moderator] I am an investor and I might can help.Thanks.
August 02 2012
(0)

Is there any way to refinance an underwater investment property with LTV (purch price) of 91%?

Answer
What was the original loan amount? If it is was over 417,000 it would be considered JUMBO. Do you have any jr liens on property? Please advise.[email address deleted by Zillow moderator.]
July 28 2012
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Can we refinance our 2nd home in Bluffton, SC that is underwater?

Answer
I am an investor working with a program that allows high end upside down hhomeowners to keep their property and lower their overall debt. Can you contact me with your details. The property must be JUMBO over 417,000 at time of origination, and 10-20% in negative equity [hotlink removed by Zillow moderator]
July 28 2012
(0)

Can we refinance our 2nd home in Bluffton, SC that is underwater?

Answer
I am an investor and we have a program that allows high end upside down homeowners to keep their property and lower their overall debt. It must be a JUMBO loan at time of origination (over 417,000) and  you must be in negative equity by 10-20%. [hotlink removed by Zillow moderator]
July 28 2012
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does anyone know what to do when your house value is worth more than what you owe but the bank will

Answer
Not sure when you posted your question. I am an investor and we have a program that allows high end upside down homeowners to keep their property and lower their overall debt. This is not short sale, or loan modification. Loan had to originate as a JUMBO loan, and you have to be 10-20% in negative equity. [email address removed by Zillow moderator.  Please refer to our Good Neighbor Policy for details.]
July 28 2012
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Is there any lenders for refinancing underwater homes which are not backed by govt.

Answer
I'm not sure the date this post was written. I am an investor and we have a program that allows high end upside down homeowners to keep their property and lower their overall debt. The original loan must be JUMBO over $417,000 and you must have 10-20% negative equity, depending on the loan amount. [email address removed by Zillow moderator.]
July 28 2012
(0)