Archive for » June, 2010 «
29
Jun 2010
Jun 2010
Hire a professional to do the modification for you. Do not pay any money upfront. A truly professional will assess your situation and tell you if you have a chance at a successful modification. Then he will tell you the steps he will take. And finally, he will tell you what his fees are, and how they are to be paid.
We all know that the bank is not allowed to foreclose on a property while the homeowners is in the process of a loan modification. However, the Bank of America did just that to a woman in Wheat Ridge, Colorado. [ ... ]
28
Jun 2010
Jun 2010
Okay--I scrolled through this whole section.. which got a little tedious.. and I might've missed the answer because I saw that the question was asked a couple times.
My question is that.. we recently got a home loan mod through BofA. It's a very short contract and it doesn't say anywhere that we cannot rent out our home (which, we NEED to do.. and have just signed a 1 year lease with a tenant--until we recoup what we've lost from the blow to our business due to the economy).. it says we can't transfer without lenders consent, but I've read many [ ... ]
28
Jun 2010
Jun 2010
Marheart: You should post this same question in the mortgages section of Zillow Advice: http://www.zillow.com/advice/US/mortgage/question-discussion-guide/
27
Jun 2010
Jun 2010
I just accepted the Chase offer for a Loan Mod.,Fixed 4%, forgiving $88,000 so I won't be upside anymore.
Will it affect my credit score?
IRS said I will have to pay taxes on that $88,000 of debt forgiveness. OUCHIE!
Advice please.
26
Jun 2010
Jun 2010
HOPE!
wikipedia defines hope as:
“A belief in a positive outcome related to events and circumstances in one’s life. Hope is a feeling that something desired may happen, when the outlook may or may not warrant it.”
When I traded stocks I was taught that four letter words hurt you as a trader more than they helped you. The main bad words were FEAR and HOPE.
FEAR kept you from fully maximizing on your trades and HOPE kept you in them long enough to pay the hefty price.
Now as a Real Estate Broker I meet people who are in [ ... ]
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Tags: Alternatives to Foreclosure, Avoid Foreclosure, Bank of America, Banks, Carlsbad, Carlsbad Short Sale Experts, Citi bank, credit cards, Dana Point Short Sale Experts, Expert Real Estate Services, Free Consultation for Short Sale, Free Foreclosure Avoidance, Free Short Sale Help, hell, Laguna Niguel Short Sale Experts, loan mofidication, Michael-Edward Cruz, Murrieta Short Sale Experts, Oceanside Short Sale Experts, Real Estate Expert, Redhawk Short Sale Experts, San Clemente Short Sale Experts, Save my credit, Sell my home, Short Sale, Short Sale Experts, shortsale, Temecula Short Sale Experts, Top Real Estate Agent in, Troy Huerta 0
Leave a Comment
23
Jun 2010
Jun 2010
Hello,
I'm not sure if they are regular people or businesses advertising. I guess If it were me I would defiantly try to advertise my business anywhere I could. There are allot of scam companies out there. Always check there website and there bbb.org rating. I work for a loan mod company and we have helped sooooo many people and I am glad to say I work here. So my advise is that if you cannot get a loan mod done through your lender defiantly check out a 3rd party company but do your research on them first.
-Lisa
20
Jun 2010
Jun 2010
Why is it most of the comments on this blog seem to be thinly-disguised spam adverts for companies or lawyers wanting to take your money to do a loan mod?
18
Jun 2010
Jun 2010
I just recently called my lender about getting a loan modification and was referred to an outside company, I thought they were suppose to handle it internally. Granted I was able to get my mortgage cut down by half the monthly costs but I was wondering couldn't I just hire a consolidation company on my own without even talking to my lender?
15
Jun 2010
Jun 2010
You must be careful when going about a loan modification. There are a ton of scammers out there. Please do your research and always ask to see proof of past loan modifications before pulling out your purse or wallets!
