Does EFS help with Short Sales?
Yes, we work with a group of experienced attorneys, residential, commercial bankers, and real estate brokers who understand that federal rules and lender foreclosure policies often conflict. Few people outside the banking world have the knowledge to work with your current lender to restructure your loan and actually accomplish a loan modification or possibly even a short sale approval. We can help and have been very successful in these types of negotiations. Please note: We believe that Filing Bankruptcy is the LAST resort. Our intentions are to help you fight the battle to keep going forward. One step at a time. Typical results of restructuring plans: LOAN MODIFICATION 99% of all A type lenders and 70% of sub-prime lenders (with high interest rates) and general creditors will negotiate a loan modification and/or mortgage pay reduction where most or all of the delinquent payments and foreclosure fees are added on to the back end of the loan. Payments can remain approximately the same.
