Principal Reduction - The Holy Grail of Loan Modification

Published: March 28, 2010, 10:05 a.m.

Are lenders REALLY writing down loans for property owners - or is it just an urban legend?\xa0 The topic has made headlines lately, but what\u2019s happening in the real world?\xa0 In today\u2019s episode, The Real Estate Guys bring back mortgage mitigation expert David Lies to discuss the state of the art in real world principal reduction for homeowners and investors alike.\xa0 David talks about the underwhelming success of the government\u2019s Home Affordable Modification Program and reveals a brand new market driven solution for underwater property owners.\xa0 He says you can solve your cash flow problem and achieve instant equity too!\xa0 Is this too good to be true or have we found the Holy Grail of Loan Modification?\xa0 Tune in and find out!