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Darci Marchese interviews Dan Rochon - BOA sees mortgage folding opting to foreclose Dan Rochon recommends a Short Sale or loan modificaion. Avoiding paying for your mortgage will save you money up front but in the long term they will still in the foreclosure and will have the negative consequences associated with it.
Darci Marchese interviews Dan Rochon about bank owned homes. Foreclosures are sold As - Is, dealing with mold, water damage and such. But if you have time and handy with the hammer it can save you money. Foreclosures are handled by banks with a business point of view and will most likely not connect with you emotionally.
Dan Rochon is a Certified Distressed Property Expert, Realtor at Keller Williams Realty, Co-Founder of www.GreetingsVirgina.com, and media consultant for struggling home owners.