Tips and Traps When Negotiating Real Estate: What You Can Negotiate from a Lender

What You Can Negotiate from a Lender Lenders may be willing to do one or more of the following: Restructure the mortgage by extending the term so that you have lower payments, so long as the lender does not ultimately lose any interest Temporarily allow you to miss payments until you get back on your … Read more

Tips and Traps When Negotiating Real Estate: What to Negotiate in a Mortgage

How to Negotiate with a Lender: What to Negotiate in a Mortgage To put yourself in a position to negotiate with a lender, you have to remember that the lender is not doing you any kind of a favor by lending you money. It’s a mutually (or should be) beneficial trans­ action. You need money; … Read more