Sorry for your loss Jon Holdman.

The lien holders that entertain short sales have personnel that are instructed/compensated to see to it that the lender suffers the least loss possible.

And, it's not a huge loss if you crash a $2,000 car/truck.

Hi everyone,thanks to James Vermillion who suggested I introduce myself, Im here giving everyone a warm greeting even though I am still mourning the loss of Oklahoma Thunder in the championship.

You may wish to incorporate a hold hamless agreement withing the note whereby the lender, for and inconsideration of the interest rate stated, the lender agrees to hold hamless and indemnify the maker(s) from and against any loss, damge, expense or finding arising from or out of this debt created notwithstanding the terms and agreements made in that certain deed of trust for the assignment of collateral granted,made of even date, or those promises made under the debt created for the payment of any and all amounts due.Now, everyone knows that this is not legal advice and is simply the generalized language I have used before in similar instances as an example, I'n not an attorney, so go see yours.

Dave Stinnett My recent fire loss of a property similar to what you speak of could cost upwards of $30k to repair. al ot depends on what needs to be ripped out and replaced. this would require total rip out of inside walls down to studs in lower level and substantial clean up of smoke damage on upstairs bedrooms and bath.

Now, for the life of me, no one (even when I get to a very specific neighborhood) can give me good info on what % losses from rent collections I should use/assume is the amount of rent I won't collect due to having to evict, non-payment,etc.

Praying helped calm the mind and make the right decision to cut our losses, take a huge hit and move on.

Knowing the government can take away the retired pay at any time, I decided to make sure we had some investments to cover up any loss of income.

Industry KnowledgeThere are many tools available to mortgage services to mitigate loss.