CBA's
Sorry about the typo --
I was actually needing to get as much information as possible on CBA's not CMA's.
Would someone please describe what this could look like? Are there any formulas of time/money that is typically used as a standard?
Thanks!
pasted from a previous post
CBA:
Method of measuring the benefits expected from a decision, calculating the cost of the decision, then determining whether the benefits outweigh the costs... meaning, is it worthwhile for the mortgagee to accept your Proposal... if it is, show why. If it's not in their best financial interest to accept your Proposal... then you shouldn't be too surprised when they reject it.
If it (CBA) makes sense, include it with your Proposal... if it doesn't, then don't.
When you devise your Proposals... go with your strengths. If you are a numbers person with a business background... then dazzle them with your math.... If you are a presentation geek (as I am) then make a picture speak 1000 words.... and the words you choose to use will compell them to agree with you and accept your Proposal.
But, before any of that, make sure that your Proposal makes sense. If it doesn't make sense to all parties, then it is a wasted effort.
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As far as time value of money.... you can sit your CPA and devise a foreclosure timeline w/costs applicable to your jurisdiction/market... and incorporate this into your Cost benefit Analysis.