Real Estate Agent Forces Banks to Reduce Loan Balances on Investment Properties Through Real Estate Cramdown Process

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Robert Highsmith, a real estate agent in Scottsdale Arizona, had to force the bank and lenders to reduce loan principle balances through a real estate cramdown, when all attempts to do loan modifications had been exhausted." Do not walk away from your investments", says Robert Highsmith, do not foreclose, or short sale or waste time with a loan modification. Save your investment property through a real estate cramdown to reduce your loan balances, 'you worked hard to buy your property, work hard to keep it."

SAVE YOUR PROPERTY THROUGH A REAL ESTATE CRAMDOWN

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".

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Robert Highsmith
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