What You Can Do to Have a Better Negotiating Posture Keep in touch. Immediately reply to any calls or letters from the lender, no matter when they come. Never let calls go unanswered. Try to get out from under the mortgage by selling the property. Clearly show the lender that your financial condition is such … Read more
The Key to Negotiating Out of Foreclosure The single most important point to understand in this example is that Jerry and Pat constantly communicated with the lender. Communication was the key to their ability to get payments delayed and then get an alternative to foreclosure. Consider that if Jerry had never called the lender, had … Read more
Negotiating a Sales Agreement: Dealing with Time Time can also be a deal point. In post 2, we saw why time was important as a negotiating tool. Now we’ll consider a specific application of time in the sales agreement: the date of occupancy. When—the exact date—the seller turns the home over to the buyer is … Read more
