On Oct 21, 2010, at 2:02 PM, John Williams wrote: > But since you want to modify an agreement in your favor, you more or > less need to jump through their hoops, even if they are ridiculous.
John, do you believe in negotiation/ old fashion bargaining? There is always the option to walk away from the deal/house if you do not care "to jump through their hoops". Part of the initial contract, I am sure, was a very clear discussion of the grounds for foreclosure which go into effect when you decide not "to jump through their hoops". As it is part of the contract, I do not think it is dishonorable for one party or the other to cause the clause to be implemented. Tough on lenders in a depressed real estate market, tough on the borrower's credit rating in this world of impersonal automated credit ratings, not to mention the borrower's net worth, but not dishonorable. Chris Frandsen _______________________________________________ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
