Couple questions just came in from Agents who are offering loan mods….

Q: Will this new government program aid housing speculators?

Perhaps. If a speculator claims that a house with an underwater mortgage is his primary residence, he’d obviously benefit. Unless the final rules specify otherwise, a speculator could shift primary residences every few months and try to reduce payments on each property. Also, multiple-unit homes with up to 4 units qualify for the program.

Q: How long will this program last?

After three years from now, no more homeowners will be eligible.

Realtors, learn how to offer loan mods. Watch this FREE Agent Loan Mod Secrets video. Loan mods are a great way to help others and make money now. Watch the FREE Loan Mod Video now.

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