Everything is negotiable; especially in today economy.
"How Can I Negotiate With My Second Mortgage Lender to Take a Small Lump Sum Payoff" is an article available on the SFGate Home Guides section which explains in detail how to do just that.
The company/bank may be willing to negotiate a settlement to avoid the consumer filing bankruptcy. Or perhaps to avoid pursuing legal remedies to collect the debt. They will not consider a settlement if the consumer is simply asking to pay less than the full amount. For obvious reasons.
Best way to do that is to negotiate the removal as part of the payoff with the lender. Otherwise, not likely because it is part of your credit history.
finance company wants me to pay $7500 for deficency balance!!! Of course, they want all the money now.And they can legally demand it. Can I negotiate for a lower payoff? Certainly you can and should. If so, please give me stratagies or good advice....1 best stratagy...CASH2 " " well prepared plan to pay off ASAP that you can and will do3 IF you can come up with a large CASH settlement, include cleaning up your CR in the offer(remove repo, show loan as PAYOFF, ect)4 Use good business sense, if you cant leave out the emotions, hire an attorney to deal for you. This is strictly a business transaction to the finance company.
Need payoff for a loan
"How Can I Negotiate With My Second Mortgage Lender to Take a Small Lump Sum Payoff" is an article available on the SFGate Home Guides section which explains in detail how to do just that.
If you have a mortgage account then there will be a mortgage payoff calculator for you to use to determine what the early payoff quote would be. I would try that.
I am looking into the ratings of local painters. When I receive a price quote, are the prices typically firm or can I try to negotiate a lower price?
payoff phase
The company/bank may be willing to negotiate a settlement to avoid the consumer filing bankruptcy. Or perhaps to avoid pursuing legal remedies to collect the debt. They will not consider a settlement if the consumer is simply asking to pay less than the full amount. For obvious reasons.
Best way to do that is to negotiate the removal as part of the payoff with the lender. Otherwise, not likely because it is part of your credit history.
finance company wants me to pay $7500 for deficency balance!!! Of course, they want all the money now.And they can legally demand it. Can I negotiate for a lower payoff? Certainly you can and should. If so, please give me stratagies or good advice....1 best stratagy...CASH2 " " well prepared plan to pay off ASAP that you can and will do3 IF you can come up with a large CASH settlement, include cleaning up your CR in the offer(remove repo, show loan as PAYOFF, ect)4 Use good business sense, if you cant leave out the emotions, hire an attorney to deal for you. This is strictly a business transaction to the finance company.
Need payoff for a loan
Killer's Payoff was created in 1958.
The Big Payoff was created in 1962.
The Big Payoff ended in 1962.
The duration of The Big Payoff is 1800.0 seconds.