Hardest Hit Funds: An evolving program that is creating new opportunities for note investors and real estate investors.
This program, which has spent billions helping people stay in their homes and avoid foreclosure, has evolved to something so much more. In this video kevin will guide you through the new changes and expose you to the new opportunities these changes have created. Tennessee, for example, recently modified their fund to include principal reduction and down payment assistance programs.
Imagine being able to offer a homeowner the ability to lower their negative principal balance by $40,000 at NO cost to them. What’s in it for you? The principal reduction program will pay you, the note holder, up to $40,000 if you reduce the principal balance of a borrower down to the current property value.