SAVE YOUR PROPERTY THROUGH A REAL ESTATE CRAMDOWN
Scottsdale, AZ (PRWEB) March 28, 2011
A real estate cramdown process may take over a year, and was able to force the banks and lenders to reduce loan balances creating a principal reduction of the loan so you could keep the investment properties with a crammed down new loan balance reflecting today's current market values.
Robert Highsmith says "if you walk away from a investment property, or foreclose, or do a short sale, or wait months for a loan modification, you end up with nothing to show for your hard work, except bad credit, while with a forced loan principal reduction or cramdown, you still may get to keep your investment property, at today's depression prices, and hold on to see a economic turnaround".
###