(DOWNLOAD) "No Joke (The Deciding Advantage)" by Linda C. Simmons # Book PDF Kindle ePub Free
eBook details
- Title: No Joke (The Deciding Advantage)
- Author : Linda C. Simmons
- Release Date : January 01, 2010
- Genre: Industries & Professions,Books,Business & Personal Finance,Investing,
- Pages : * pages
- Size : 46 KB
Description
You've heard this one before. Loan Mod, Short Sale and Foreclosure go out on a boat. A hefty storm forms, heavy seas rock the boat and the engine quits. A search of the boat reveals there is only one life vest aboard. The three workout options begin a debate as to which provides the greatest benefit going forward and therefore deserves the best chance at survival using the life vest. Loan Mod doesn't understand why they're having the discussion. "If the objective is to keep the borrower in the home, I am the only path to that end. With only a handful of input data, a four-stepped waterfall exercise and a net present value [NPV] calculation, I can determine within minutes if the borrower is eligible and keep him or her in the home through a trial modification. With a reduced payment and completed documentation, the borrower can stay in the home through this down cycle."
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