[877YouKeep]

I wish people would stop calling the process a Forbearance Agreement. A forbearance agreement is 1/100 of the workouts that are available. There is a "Guru" teaching this and that only proves to me how much they do not know.

Yes 90 days is plenty of time to get an agreement. Most lenders have an obligation to look at all offers even the day before foreclosure.

Be careful about getting the deed, when I worked as a negotiator I would have to deny any files that had a deed recorded in the name of anyone other than the borrower. Sure way to get your deal denied, recording the deed. Ask an attorney and even if a deed is not recorded but signed it is a legal deed.

[2uesday]

I am new 2 this is the dti the same as when determining a loan?? Also I have a property that is going 2 be 2 months behind can I send in my on file. How do I charge the lender do I put a gfe together.

Thanks

[877YouKeep]

the only reason DTI could be important is to determine if you can afford the home, credit does not matter at all. Give more detail on what you are considering and we will respond.

[2uesday]

Ok, I have a couple who is walking away from their: property they do not want anything to do with the property. Will a Deed n Lieu be sufficient for the couple?? If so how would I present the workout to the mitigator??

Please advise

Thanks

[877YouKeep]

Why a DIL, what are you trying to accomplish? If there are any additional liens on the property other than owned by the lender will not allow a DIL. They will run a property report (Title Search) before they will allow a DIL and also there must be more than 30 days in most states before they will allow a DIL.