Short Sale Success Story of Injured X-Ray Technician

Comments (2)
June 24, 2008

Lori felt trapped by a tumbling real estate market that brought the value of her home lower than what was owed and a medical condition that cut her income in half. Over the course of 6 weeks, we worked around all these obstacles to overcome this serious problem.

When all was said and done, Lori Higgins bank discounted her mortgage $32,050.28 in order to allow her to sell the home regardless of the horrific real estate market before going into foreclosure. Lori writes…

“Because of some health complications, I recently had to have surgery. Afterward, I was informed that there would be a long recovery process and that I would have to go through a long period of physical therapy.

My employer immediately placed me on medical disability in order to give me the time to recover. Unfortunately, this also caused my income to be almost cut in half! What’s worse, as time dragged on and my strength did not come back as soon as I wanted, my employer posted notice that my job was available!

Things were getting real hard, and it was coming to the point that I was going to fall behind on payments. After some quick looking around, I found that I owed quite a bit more on my house than what others in my area were selling for. I felt like I couldn’t even SELL the house and downsize to something more affordable!

That’s when a friend of mine introduced me to Brian Kurtz and told me that he might have a solution. I’m so glad that I took her advice and set up that meeting. Brian set up a system and took the fight to the bank! He got my payoff amount slashed by $32,050.28!!!!! He even got all the late fees and penalties waived!

Not only that but he worked FAST! We had the house under contract within 45 days and were closed shortly after that. Now I can move on without this stress hanging over my head each and every day.

Thanks Brian for all your help and patience. I hope anyone in a situation similar to mine will give you a call so you can help them as well.”

Sincerely,

Lori Higgins
X-ray Technician
Trenton, MI

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2 Comments, Comment or Ping

  1. frank moore

    Dear Brian, I’m wondering whether a real estate broker can provide the service required to complete a short re-finance and if so, how is it accomplished and what are the potential earnings. thanx

  2. Frank,

    A real estate broker cannot do a short refi unless they have access to a funding source. That usually is the case if they are running their own in-house brokerage.

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