A homeowner in Nassau County was in a severe negative equity position. He owed more than $967,000.00 on his home with an additional $88,000.00 in consumer debt.

We secured a contract at $495,000.00, requiring a mortgage settlement of nearly 50 percent off the outstanding balances, which grew to $967,442.00

We were successful in negotiating his outstanding balances to a $475,000.00 settlement, equivalent to 49 percent less than what was owed.

Broker Submission