Regardless of what the lenders tells you, they have more power than they show.

Whenever they say, “Our hands are tied,” or “that is the procedure,” just keep in mind that the bank is a logical and fiscally sensible entity.

Foreclosing on a homeowner takes effort, time, and money for them as well. They would rather not do it unless it looks like a losing bet on their spreadsheet in the long term.

That being said, it is optimal to prove otherwise if we hope to get you some more time and potentially postpone the auction to either sell, refinance, modify a loan, or explore any other remedies to resolve the foreclosure.

However, it takes experience, connections, and lots of experience to talk to the person on the other side and negotiate with them on how a certain course of action that we’re seeking for you is also beneficial to them. Otherwise, you will most likely encounter the same bureaucratic lines of “restrictions” from the higher-ups in the bank.

Sometimes, if the opportunity allows, we can potentially negotiate down the liens payoff demand for you. Although it is extremely case-by-case, we have successfully done it many times, resulting in five to six-figure deductions overall on average for the owners.

In scenarios where we see this as a practical possibility for your case, we will not charge anything upfront. We get paid with a prearranged and reasonable amount from the money that we are able to deduct for you.

So, in essence, you always end up with more money at the end of the day.