Positive Equity Partners Short Refinancing

SHORT REFINANCING What does this mean for you?

SHORT REFINANCING - is a new program, for people that are having trouble making their
mortgage payment.

SITUATION

		Upside down in your home (owe more then what the house is worth)?
		You cannot make the payments or are having trouble making the payments.
		You have tried to sell your home but cannot because you have discovered that
		your home's value has fallen under your current mortgage balance and you cannot sell.

You're stuck and it looks like the only option is foreclosure. Well, it is not, you can now get
a "Short Refinance".

HOW TO QUALIFY

Only qualification is that you owe more on your home then what it is worth.

SCENARIO OF HOW WE CAN HELP

This scenario was actually negotiated by our Real Estate Professional for one of our
clients. The client had a mortgage of $620,000 with a home market value of $350,000. We
negotiated with the bank to get a reduction, making my client eligible to refinance. His new
balance is now $265,849.29, his old payment was $4,607 (without taxes & insurance), new
payment is $2,021.20 (with taxes & insurance). This is a savings of $2,585.80! We also
negotiated his back taxes of $10,000.00 into this loan.

BENEFIT SUMMARY

		Avoid foreclosure
		Keep your home with an affordable mortgage and a FIXED RATE
		Have a substantially reduced mortgage balance
		If you know someone who is having problems making their mortgage payment,
		please forward this information. When we close the deal you will receive a nice reward.