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2nd mortgage settlement

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Mahi

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Post Posted: Sun Aug 02, 2009 9:08 pm    Post subject: 2nd mortgage settlement
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Hi All,
Is anyone can help send me sample of letter to write the Wells Fargo 2nd mortgage lien holder. I currently owe them $ 160,000 and like to settlement with 20 cents for dollar. Thanks in advance.

[Email address deleted as per forum rules. Thanks.]

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adonis




Joined: 22 Oct 2005



Posts: 10242
Location: ALASKA
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Post Posted: Mon Aug 03, 2009 12:40 am    Post subject:
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Hi Mahi,

You need to write a hardship letter to your lender explaining your present situation. This will help the lender to judge your situation. If he is convinced, then he would consider your request for a second mortgage settlement.

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