Pre-Foreclosure Principle Balance
Regarding pre-foreclosures, is it typical to pay just the principle owed on the note, or must one cover the interest owed on the note as well?
Regarding pre-foreclosures, is it typical to pay just the principle owed on the note, or must one cover the interest owed on the note as well?
The lending institution wants what they are owed, negotiate, they just want there money, they would rather have the interest also, but principle regained is better than a write off to them
Good negotiating
Don