Ruban Selvanayagam and James Durr discuss how they handle financially distressed properties – i.e. where a homeowner has fallen into mortgage arrears or is under the threat of repossession.
Topics discussed include ascertaining the exact level of secured debt, hidden fees imposed by mortgage lenders, obtaining a letter of authority, how property investors can intervene and potentially stop the repossession process and what happens after a property gets repossessed…
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