There was an advertisement on this REI website sometime ago regarding the Loss Mitigation Insitute. I looked into it and I’m still undecided. Oftentimes, I feel like a predator by going after pre-foreclosures and thought by this may be an ethical alternative. What are your thoughts?
Also, do you know of any other loss mitigation programs out there? Thanks.
I don’t have experience with Loss Mitigation Institute, but, you may want to check out U S HomeSavers as well. The site for the consumer is www.ushomesavers.com and for the investor www.ushomesavers.net .
I have been doing work with them for about a year now and have been very impressed with the honesty and ethics they have.