loss mitigation: CHOOSING A BUILDING SITE - 10/12/08 10:48 AM
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loss mitigation: Mortgage modification before bankruptcy - 10/11/08 07:30 PM
Alan Zibel, AP Business Editor, wrote an exellent article looking at whether homeowners who are struggling with foreclosure are helped by bankruptcy. More and more I am finding that homeowners who are struggling with their mortgage payments are not qualified for a refinance. Loss mitigation becomes the best option available.
The … (3 comments)
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loss mitigation: BAILOUT MISREPRESETATIONS AND MISCONCEPTIONS - 10/11/08 05:09 PM
The government bail out of the housing crisis has created wonderfully conceived programs to keep homeowners in their homes with re-negotiated mortgages or refinanced mortgages. The specific programs for the home saving legislation are the HOPE for Homeowners (H4H) and FHASecure programs.
I spoke about these programs in my recent blog articles … (5 comments)
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loss mitigation: BGS3 – Short sales could reach 12,000,000 in number - 10/10/08 08:34 AM
In the spirit of Jerry McGuire, "Help me help you!", let me offer a new perspective, the BGS3 perspective. The Wall Street Journal reported that one is six homeowners owes more on a mortgage than what the home is worth. http://online.wsj.com/article/SB122341352084512611.html Put another way, nearly 12,000,000 households are facing potential default … (1 comments)
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loss mitigation: WHY APPROVED SHORT SALES FAIL TO CLOSE AND . . . - 10/07/08 12:53 PM
WHY APPROVED SHORT SALES FAIL & HOW TO MINIMIZE THE RISK TO ASSURE A SUCCESSFUL CLOSING
Buyer is a Trust or other entity and will not provide Articles and/or details on the Trust. Bank declines offer because of lack of disclosure on the Trust.
Get Trust Details upfront if that is how buyer … (6 comments)
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loss mitigation: OCTOBER e-NEWSLETTER - 10/05/08 09:11 AM
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loss mitigation: DON'T GET STUCK WITH TWO MORTGAGES - 10/05/08 09:06 AM
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loss mitigation: SMALL AND POPULAR vs BIG AND NOT - 10/05/08 09:00 AM
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loss mitigation: Don't Face Foreclosure Alone - What To Do Now - 10/03/08 12:30 PM
Unless you are facing or have faced foreclosure you may be astonished at what people go through - and leave behind - when they are facing foreclosure. To get an idea watch this short video then come back here.
If you are facing foreclosure there are so many things you can … (2 comments)
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loss mitigation: Into to Loss Mitigation - 10/02/08 07:08 PM
I work with Real Estate agents on a daily basis. Frequently after a listing appointment they have come to me inquiring about foreclosures and bankruptcy. With a record percentage of U.S. homeowners facing foreclosure and many more falling behind on monthly house payments, you might have had the same experience. Foreclosures … (0 comments)
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loss mitigation: Is your home mortgage out of control - 10/01/08 01:41 PM
With the Real Estate crisis going on in our country today many families need help. If you have a Adjustable Rate Mortgage, Option Arm, Owe more than your Home is worth, Are behind in your payments, a Loan Modification may be the answer. Loss Mitigation and Loan Modification is a program … (0 comments)
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loss mitigation: If owning a home is not all the important then why all the anxiety? - 09/30/08 03:12 PM
The answers lie within the fact that your home, yes is an aspect of financial security, but more importantly represents a life! So as with any loss, comes profound sadness and high anxiety.
Many are living in quiet desperation, realizing that something has to give, but loosing your home, represents … (2 comments)
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loss mitigation: Contact information for GMAC - 09/29/08 05:48 PM
While I'm sitting here on hold with GMAC, I wanted to post their current contact info for everyone. Our last approval with them went really smoothly and we were able to get it in about 3 weeks.
Again, one of the most important things with any bank is sending the COMPLETE … (1 comments)
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loss mitigation: Tips for Effectively Dealing with the Loss Mitigation Department - 09/26/08 07:28 PM
Be patient. After you have negotiated through a maze of automated voice prompts and finally reach a live human being, the real fun begins. Representatives in the loss mitigation department are most likely handing hundreds of loans in default and your transaction is just another one in the long line ahead … (0 comments)
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loss mitigation: Short Sale Pricing Strategies for Brokers and Sellers - 09/26/08 07:26 PM
Pricing can be a difficult task when you or your client is interested in selling a house through a short sale. You want to price the home at a low enough figure to attract interest from buyers, but it also must be high enough that the bank agrees to accept it. Banks are generally … (0 comments)
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loss mitigation: Short Sales: Drafting Your Offer Letter to the Bank - 09/26/08 06:36 PM
The bank will not explicitly require that you include an offer letter along with the short sale package you have prepared, but if you are interested in buying the property at the lowest possible price, I cannot stress how important it is to include a letter which fully explains how you … (0 comments)
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loss mitigation: Short Sales v. REO - Which is the Better Investment Strategy? - 09/26/08 06:33 PM
Foreclosure investors have several strategies to choose from when buying properties. Due to the fact that the foreclosure process tends to be lengthy, investors can target properties in various stages of the legal proceedings - either in preforeclosure, at the foreclosure auction, or bank owned properties following the foreclosure proceedings (REO). … (0 comments)
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loss mitigation: Mortgage Debt Cancellation Relief - 09/26/08 05:43 PM
Mortgage Debt Cancellation Relief - H.R. 3648 - Public Law 110-142 General Information and Provisions Individuals who are relieved of their obligation to pay some portion of a mortgage debt on a principal residence between January 1, 2007 and December 31, 2009 will not be required to pay income tax on … (4 comments)
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loss mitigation: Outsourcing short sale negotiations - 09/26/08 03:18 PM
You may think its some kind of short sale magic that professional real estate investors, are able to close so many deals at any given time. In truth there is a little short sale magic going on behind the scenes. Many investors have learned that it’s a lot easier to … (2 comments)
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loss mitigation: An ever changing real-estate market - 09/26/08 03:05 PM
Real estate professionals are in a period where they have to think both proactively and reactively in an ever changing real-estate market. Just as some of the novice investors, we have seen many professionals pack up their bags and leave the real estate market for good. If many of these Real … (0 comments)
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loss mitigation: Close that short sale fast!!!!!!!!!! - 09/26/08 02:06 PM
Why It Pays to Outsource Your Short Sale/Loan Modification negotiations Many Real Estate agents/Mortgage Brokers are finding that they can simplify the process by using an outsourced short sale/loan modification provider to manage the entire process cost-effectively and efficiently.Save timeUsing an outsourced short sale/loan modification solution is more efficient than dealing … (0 comments)
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loss mitigation: Short Sales - 09/26/08 07:33 AM
Republished from: Wikipedia
A short sale is when a bank or mortgage lender agrees to discount a loan balance due to an economic or financial hardship on the part of the mortgagor. This negotiation is all done through communication with a bank's Loss mitigation department. The home owner/debtor sells the mortgaged … (0 comments)
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loss mitigation: Loss Mitigation Counselors ~ Help for Homeowners - 09/25/08 08:00 PM
Loss Mitigation Counselors ~ Help for Homeowners
Loss Mitigation Counselors are a network of Real Estate Professionals who are passionate about helping distressed homeowners. I became apart of this community about a year ago, due to the concerns I had for our local real estate market and what seemed to be … (0 comments)
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loss mitigation: Helpful phone numbers for WAMU mortgage and HELOC short sale - 09/25/08 10:44 AM
Hello
I've seen other agents compile a list of phone/fax numbers that maybe useful in trying to get in touch with a live person at the bank when dealing with a short sale so here's one for WAMU. I hope this info helps someone~
For Home Mortgage
Customer Service Tel:866-244-1368/Fax: 206-965-3126
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loss mitigation: 18 States have Passed "NEW LAWS" for Loss Mitigation and Shortsales. - 09/24/08 02:21 PM
"NEW LAWS" for "Loss Mitigation" and "Shortsales"
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loss mitigation: Get Referrals & Lifetime Friendships - 09/22/08 08:25 PM
"99.9% real-estate agents cannot revive & network their past clientele as much as they would like to" , fact or fiction? Anyone with two eyes, two ears, and 35 or above IQ would know that houses were sold like IPods in 2004-2006. The market crashes and now what to do with … (9 comments)
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loss mitigation: BRIDGE LOANS HELP BUYERS - 09/22/08 03:10 PM
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loss mitigation: MAKING A DIFFICULT HOME SALE LOOK EASY - 09/22/08 03:06 PM
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loss mitigation: COOL MOVES FOR BUYING A HOME IN THIS MARKET - 09/22/08 03:00 PM
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loss mitigation: REO – Agent Training and Marketing – The Life Cycle of a Defaulted Loan - 09/21/08 10:14 AM
To understand what a property that is owned by the bank is really all about, you must first understand the process that the real estate has gone through to end up on the lenders balance sheet as REO – or Real Estate Owned.
You see, banks are not in the … (0 comments)
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loss mitigation: The truth about loan modification - 09/13/08 09:16 AM
Loan Modification.
How to separate fact from fiction.
For more information about loan modification go to www.SacramentoForeclosureFinder.com or email: norm@sacramentoff.com
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loss mitigation: BANKS CRUSHED BY FORECLOSURE VOLUME, BAD POLICIES - 09/12/08 11:17 AM
August foreclosures topped 300,000, up sharply from the 200,000 per month levels seen earlier in 2008. At the same time, banks and lending institutions are guilty of "penny wise and pound foolish" mentality as reported by loss mitigation specialists SaveOurHomeFromForeclosure,LLC based in Clearwater, Fl. which represents hundreds of Realtors and distressed home owners on a … (12 comments)
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loss mitigation: You gotta go with what's hot! - 09/11/08 08:32 AM
I talked to a potential client yesterday and they asked me "Why are you doing loan modification leads? They are only going to last a couple of years just like everything else."
This intrigued me a lot for a few reasons... Namely because it shows the mentality of most … (4 comments)
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loss mitigation: * Cape Coral * Fort Myers * Florida * Avoiding Foreclosure * Loss Mitigation Help. - 09/09/08 05:59 PM
Joe Kendall, Realtor with Sandals Realty a Waterfront and Foreclosure Specialist writes, I do a lot of marketing for helping people avoid foreclosure by offering to help them sell their home as a bank short sale. Doing so I am sure you can image, I get all kinds of phone … (0 comments)
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loss mitigation: Short Refinance, Short Refi's, Loan Modification, and the like - 09/09/08 12:29 AM
Short Refinance, Short Refi's, Loan Modification, and the like. We are getting numerous requests for help & information on Short Refinance, Short Refi's, Loan Modification, and the like. Basically, people are in dire need of help. Thousands of people are upside down in their homes and need professional advice, direction, & … (0 comments)
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loss mitigation: www.LeadJive.com is UP and RUNNING!! - 09/08/08 02:05 PM
We are at full force at www.LeadJive.com now providing the BEST loan modifcation leads out there.
We recently got our site up and have opened up to the public. Previously I was scouting all of my business on BrokerOutpost but I am happy to say I am generating enough leads to … (12 comments)
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loss mitigation: Please Welcome Joyce Brehe-Behr to Active Rain - 09/05/08 09:10 AM
I would like to take this opportunity to introduce you to Joyce Brehe-Behr, who recently joined the AR Community. Joyce is a licensed Mortgage Broker, Insurance and Certified Long Term Care Agent, and is a Registered Rep with the NASD, holding Series 3, 6, and 63 licenses.
Her diverse background in financial services … (21 comments)
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loss mitigation: Please Welcome Rachel Nannen Sapp to the Active Rain Family - 09/04/08 08:58 AM
I'd like to take this opportunity to welcome Rachel Nannen Sapp to the Active Rain Communtiy. Rachel is a loan officer with Meridian Financial, Inc., and a Loss Mitigation Specialist with Save Our Home From Foreclosure, LLC.
Rachel's husband, Tommy Sapp is a highly succesful Realtor with Mar-Comm Realty, LLC in St. Petersburg, FL., and … (15 comments)
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loss mitigation: You Missed A Payment - No Help For You In This Enviorment - 09/03/08 11:24 PM
We have all read about the homeowner who has taken out the 50 year, interest only, adjustable loan 3 years ago and now that the payment is recasting, they can no longer afford their home. It seems you can't read a blog or newspaper article about homeowners, and not find one … (3 comments)
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loss mitigation: What the heck is a note modification? - 09/03/08 12:56 PM
Do you know clients that can't afford their payments anymore? In the face of thousands of foreclosures nationwide, lenders are cutting rates on their existing notes for those in hardship situations in order to "stop the bleeding," especially if clients are behind or about to be behind on payments. You can … (0 comments)
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loss mitigation: Relief for Struggling Homeowners: A New Take on Loan Modification - 09/02/08 01:39 PM
If you’re struggling with the monthly payments on your mortgage in these difficult times or know someone who is, read on!
January Financial has evaluated a few different services and has partnered with one that we feel very good about. It comes highly recommended from a long-time trusted advisor and offers … (5 comments)
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loss mitigation: Mortgage Modification Affiliates Spreadsheet - learn what companies to avoid and what ones to use - 09/01/08 04:29 PM
I have been researching Mortgage Modification for the past few weeks, as I want to add the services to my business. I beleive extra income can be produced as well as great service to homeowners who have come on hard times due to the economy, job loss, divorce, … (5 comments)
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loss mitigation: Loss Mitigation strikes again-How Dare They Say That! - 09/01/08 03:37 PM
I've got this listing that I've been negotiating a short sale on. We are going on about 60 days which is actually pretty good as far as the average time frame goes.
I'm working together with my trusted attorney who does these all day.
She has become a super expert … (64 comments)
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loss mitigation: Loan modification vs. loss mitigation - 08/31/08 01:04 PM
Although our company has been handling loan modifications for the last few months for our client family through an attorney we've partnered with, I recently decided to switch to another attorney in large part based on the approach he takes. Instead of just doing loan modifications, they practice loss mitigation. Here's … (0 comments)
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loss mitigation: GET THE RIGHT PAINT FOR THE JOB - 08/31/08 10:53 AM
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loss mitigation: The Downside To Having Good SEO... - 08/28/08 01:04 AM
Hi All,
One of the first acronyms I learned within days, practically within hours of entering the Blogging arena was SEO. Search Engine Optimization was said (or rather typed) with a respect bordering upon reverence. Having your presence in the Internet being noticed and noted by Google, Yahoo et al was … (10 comments)
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loss mitigation: Southwest Florida Foreclosures *Cape Coral Florida * Pre-Foreclosure * Bank Short - 08/27/08 04:51 PM
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loss mitigation: Short Sales - The Good, The Bad, and the Ugly.... Agents & Owners Beware! - 08/27/08 02:57 PM
After yet another meeting with a few Attorneys (both real estate and tax attorneys) it never amazes me what type of people and companies pop up to take advantage of a market to make money.
I will cover a few topics here to look for if you are a Home Owner … (5 comments)
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loss mitigation: Countrywide Short sale process - 08/26/08 08:06 PM
Countrywide Short Sale Process Overview by Countrywide
Initiating a Short Sale
Customers should call the Workout/HOPE call center at 1.800.669.0102 to discuss their workout options after becoming delinquent. If other workout options do not apply, then the Short Sale process is discussed. Countrywide can discuss Short Sale transactions with the customers … (0 comments)
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loss mitigation: A New Venture For Me: Foreclosure Prevention Through Loan Modification - 08/26/08 02:24 PM
Let's face it - it's tough to make a buck in the mortgage business right now. Property values are down, underwriting guidelines are tight, and the number of home sales are down (at least in my area).
Having a need to feed and shelter a wife and seven kids, I thought … (0 comments)
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loss mitigation: The Skinny On Loan Modification - 08/25/08 07:47 PM
Loan Modification Scams
I am constantly seeing things on the internet about Loan Modification and Loss Mitigation. Much of it is just too hard to swallow for me. I am not sure how many of you have read my blogs, but I am a true go to the source kind of … (12 comments)
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loss mitigation: BANKS CREATE BILLIONS (MORE) IN LOSSES - 08/24/08 10:00 PM
Short Sale Buyers are increasingly investors seeking to buy and flip or buy and rent for positive cash flow. Missing from the field are homebuyers seeking a place to live. Why?
Banks Encourage Short Sale Investors and Discourage Retail Buyers
Let's look at the basic premise of a short sale. The … (6 comments)
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loss mitigation: Freddie Mac Just Threw a Life Raft To The Short Sale Market! - 08/24/08 04:21 PM
This BREAKING NEWS report just came in from Mortgage News Daily.
Freddie Mac just threw a life raft to the Short Sale market. The second-biggest provider of funding for U.S. residential mortgages, on Thursday said it is boosting incentives to mortgage servicing companies to help more borrowers renegotiate loans in an … (0 comments)
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loss mitigation: GETTING THE MOST OUT OF A GARAGE SALE - 08/24/08 08:22 AM
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loss mitigation: Take a risk & miss a mortgage payment for relief? - 08/21/08 11:49 PM
WARNING !!! WARNING !!! WARNING !!! Beware of others giving you bad advice. Now, this is not the law, this is just my opinion and my advice.
Lately, I have received a few phone calls from either past clients or from consumers reading my posts. They are telling me that they … (16 comments)
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loss mitigation: Loan Modification Negotiations - 08/21/08 01:22 PM
Loan Modification Negotiations
When negotiating with your mortgage company/servicer on a loan modification or loan workout to prevent foreclosure, be honest about your financial situation so the negotiator or third party can find the best solution for you and your family. You will be asked to supply documentation proving the stated … (0 comments)
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loss mitigation: HELP!! I'm Lost in Countrywide Short Sale HELL...and NOW--SAXON?!? - 08/21/08 01:14 PM
I spent two hours on the phone with Countrywide Short Sale Department yesterday--no, I take that back, I spent hours ON HOLD attempting to speak with a negotiator for Countrywide. I did speak with FOUR different people, and the first was actually trying to put me through to the negotiator, Norberto … (8 comments)
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loss mitigation: What is loss mitigation? - 08/18/08 02:31 PM
Loss mitigation is an intervention program designed to help
homeowners save their homes from foreclosure, through third-party
negotiations with the lender. Loss mitigation is often the better
choice for homeowners that are trying to save their homes from
foreclosure
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loss mitigation: USING "OPM" - 08/17/08 11:23 AM
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loss mitigation: Thank you for all of the "Welcomes!" everyone! - 08/15/08 12:14 PM
Thank you EVERYONE for your welcomes! I haven't been back since my first blog, but will work on making it more of a routine. I see already that this is a great community. I just don't understand how you all knew about my blog. I obviously really haven't had or taken … (0 comments)
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loss mitigation: Phone Verified LOAN MOD LEADS- do they work? - 08/14/08 11:32 AM
"I have tripled, quadroopaled, my business using your internet leads. I have tried other companies that were charging $45 a lead a lead with no where near the closing ratio. I am a buyer for life" Lauren, Kentucky (active rain member)
"I got 45 calls today (not me alone but my … (0 comments)
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loss mitigation: Loss Mitigation Training Facility Finally Exposed!!!! - 08/14/08 01:52 AM
L.M.'s
Loss Mitigation - Could it be a special elite club that only those with extreme skill in indifference are even invited to apply?
Is it an experiment for the wealthy shareholders to play around with? Paying the most indifferent of employees money in order to have them be the best … (13 comments)
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loss mitigation: The Chicken, The Egg, The Modification and the "Certified Loss Mitigator" (cluck-cluck) - 08/13/08 12:35 PM
A modification is when the borrower or a professional consultant submit proof and evidence to the existing lender that the home is less valuable than the payoff and/or the rate has adjusted and the client can no longer meet the obligation and there is zero or negative equity in the property … (5 comments)
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loss mitigation: How to Prevent Foreclosure on Your Investment Property - 08/12/08 04:07 PM
It is estimated that 13% of all foreclosures are investment properties. Investors....did you know you can get help with this? Just because it's not your primary residence doesn't mean it's not an important issue.
Do you have a delinquent tenant and can't afford payments?
Did you predict to have equity by … (5 comments)
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loss mitigation: When banks play hardball on a short sale, should we play hardball back? - 08/12/08 12:32 PM
We know how stoooopid loss mitigation departments can get. They take forever to make black and white decisions, they answer the phone when they want to, they put us on hold while they play Freecell or Solitaire on their computers pretending to be looking up our file, etc.
Last week, … (93 comments)
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loss mitigation: The next shoe to drop hits the floor! - 08/12/08 10:44 AM
As I predicted in my blog in June http://activerain.com/blogsview/549190/The-next-shoe-to , ALT-A and prime loans are showing an increase in defaults and this represents a much broader population of borrowers. As I said before the sub-prime meltdown was just the tip of the iceberg.
For your reading pleasure and more info … (3 comments)
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loss mitigation: Cannot afford Loan Modification or Loss Mitigation? - 08/11/08 12:15 AM
If you cannot afford the fees or payment for a loan modification or loss mitigation program at this time, but still want to keep your home, there is an alternative for you. I am not talking short sale here, but of course that is an option. Some people feel … (5 comments)
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loss mitigation: PLANTING vs LANDSCAPING - 08/10/08 08:42 AM
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loss mitigation: Understanding Loan Modification Opportunities... - 08/08/08 01:48 PM
Many Realtors/Loan Officers/Broker-Owners, tired of the real estate/mortgage gloom, have embraced the loan modification boom to help supplement their income. But as the popularity of this loss mitigation consulting opportunity grows Real Estate Pro's need a better understanding of how it works and possible negative consequences. Some issues include the method used, potential revenue and liability, the work involved and the cost to both the homeowner and … (7 comments)
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loss mitigation: Guess who Called ? The Banks Asking, Do you have a Contract on the Short Sale? - 08/06/08 09:18 AM
The real estate market is always changing as we know it today, The same can be said for the Mortgage Industry as well as the Banks and Mortgage Companies thoughts on Banks Short Sales. I remember the middle of last year it was a challange to get the banks attention … (12 comments)
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loss mitigation: Cape Coral Florida * Bank Pre- Foreclosure * Short Sale * Talk to Joe ! - 08/06/08 07:35 AM
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loss mitigation: Loss Mitigation Leads- Yes they work! - 08/05/08 11:26 AM
"I have tripled, quadroopaled, my business using your internet leads. I have tried other companies that were charging $45 a lead a lead with no where near the closing ratio. I am a buyer for life" Lauren, Kentucky (active rain member)
"I got 45 calls today (not me alone but my … (0 comments)
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loss mitigation: Loss Mitigation Reps Needed NO EXPERIENCE NECESSARY! - 08/04/08 01:21 PM
Experts in the direct sales industry are calling
Foreclosure Prevention Services
the next niche marketing phenomenon
We are building our organization nationwide, in search of quality professionals that are serious about helping people save their homes from foreclosure while generating a lucrative income.
What is Loss Mitigation? Loss Mitigation … (1 comments)
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loss mitigation: AVOID FORECLOSURE: The repercussions of a foreclosure will haunt you for years to come...and even for a life time. - 08/03/08 11:35 AM
Foreclosure is the single most devastating thing that can happen to a person's finances and credit rating. The repercussions of a foreclosure will haunt you for years to come... and even for a life time. As a result, you should seek available alternatives and AVOID FORECLOSURE!
Here are some of … (11 comments)
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loss mitigation: DO YOU UNDERSTAND RADON GAS and WHAT TO DO ABOUT IT? - 08/03/08 09:26 AM
To take your e-mail address off our automated e-mail system, please Contact Us.
… (2 comments)
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loss mitigation: AUGUST e-NEWSLETTER - 08/02/08 02:07 PM
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loss mitigation: Foreclosure HELP! - 08/01/08 01:37 AM
Wow! We can't turn on the news anywhere at anytime without hearing about the massive number of foreclosures happening daily. If you aren't aware of Loss Mitigation, I encourage you to find out how you can incorporate this is your business to help people and as an extra stream of income. … (11 comments)
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loss mitigation: How Exclusive Are These Leads? - 07/31/08 02:45 PM
How Exclusive Are These Leads? That's a good question that I am frequently asked. My response has always been the same, ".. well, they are non-exclusive" as they are sold up to three times. But today I actually ran the numbers on the last 500 leads that have been sold. 76 … (4 comments)
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loss mitigation: Saving Homes From Foreclosure: We need your help! - 07/31/08 10:16 AM
Freedom Foreclosure Prevention Services
Learn about a Career in Loss
Mitigation...
...without performing tedious lender mediation.
About Freedom Foreclosure
Prevention Services
A message from our corporate
offices...
The Foreclosure Loss
Mitigation
Industry NEEDS your help!
A record percentage … (6 comments)
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loss mitigation: Are Foreclosures A Government Conspiracy? - 07/30/08 06:36 PM
Once upon a time ago, you had to be able to afford a home before you bought it. Creative financing was a tool used by investors to work their business. When home-lookers went to purchases a property, they not only had to show that they could afford it, but they … (0 comments)
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loss mitigation: WAMU locks single mother out of her own home! - 07/30/08 04:05 PM
WAMU locks single mother out of her own home!
Yeah, it’s a sensational headline that’ll get washed away with all the other stuff happening. Here’s the thing.
In the State of CA, until there is a Trustee Sale, the homeowner has the rights to the property. After the foreclosure … (10 comments)
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loss mitigation: Loan Modification Leads- yes they do work - 07/29/08 10:10 PM
"I have tripled, quadroopaled, my business using your internet leads. I have tried other companies that were charging $45 a lead a lead with no where near the closing ratio. I am a buyer for life" Lauren, Kentucky (active rain member)
"I got 45 calls today (not me alone but my … (0 comments)
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loss mitigation: Short sale rule: The sweeter the tongue, the sharper the tooth! - 07/28/08 01:15 PM
Want to have a successful short sale? Take control!
I trusted the people at the bank and gave up a little control in exchange for that trust. BIG MISTAKE!
Three weeks before the trustee's sale date, we get an offer that would net the bank $118,000. Compared to other property sales … (13 comments)
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loss mitigation: Short Sales vs. Foreclosures -Is there a difference? - 07/27/08 01:39 PM
YES THERE MOST CERTAINLY IS! AND IT'S HUGE!
Effective June 25th, 2008. Fannie Mae, in their Announcement 08-16, ( https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0816.pdf ) has clearly indicated their preference for homeowners to do Short Sales rather than giving a Deed-in-lieu of Foreclosure or simply allowing the house to go to foreclosure.
To wit:
Minimum time … (0 comments)
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loss mitigation: Fort Lauderdale Real Estate Foreclosure Expert Offers Free Consultations - 07/27/08 12:18 PM
I just heard about a foreclosure support group that was featured on CNN. It's Called "Moving Forward". Moving Forward is a non-profit peer-based support group for distressed homeowners whose goal is to goal is to help homeowners cope with the stresses created by the foreclosure process, and to educate homeowners of … (0 comments)
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loss mitigation: Foreclosure Prevention and Loss Mitigation Workshop - 07/23/08 10:02 PM
There will be a Foreclosure Prevention and Loss Mitigation workshop held in Toledo, Ohio, at the University of Toledo in Rocket Hall, on Saturday July 26, 2008. The session which is being hosted by Congresswoman Marcy Kaptur, starts at 9:00 am and runs through 3:00 pm.
If you are behind or … (0 comments)
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loss mitigation: MONEY-SAVERS - 07/22/08 09:47 PM
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loss mitigation: San Diego Short Sale Negotiation Team - 07/21/08 10:05 PM
For All Agents in San Diego, We Now have Offices open to help you!
- Helping Agents with Short Sale Negotiations - With all the very detailed laws about tax liabilities - it is best to leave this to the attorneys and pros who can give you the correct info- … (0 comments)
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loss mitigation: Do I Know Short Sales?!? Yep--I Even (co)Wrote the BOOK! - 07/21/08 09:01 PM
"Should I Short Sale My Home?"
It's a question on the minds of thousands of homeowners right now, especially the "upside-down"ers out there, who've got more mortgage than house, which is why I have chosen to represent these folks, who most need expert advice right now.
Short Sale and Home Loss … (6 comments)
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loss mitigation: MAKE YOUR SUMMER PEST-FREE - 07/20/08 08:31 AM
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loss mitigation: Customers Still Receiving Old Statements Four Months After Loan Modification..Any Advise? - 07/18/08 08:46 AM
Here is a dilemna that I am hoping someone here may have experienced with their clients or maybe themselves. I was the lender for these customers when they purchased their home a few years ago and we have since become friends. American Home Mortgage is their lender and mortgage servicer. They … (3 comments)
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loss mitigation: Are Short Sales more difficult? - 07/17/08 08:32 PM
I got a call from a Realtor today and he had a question concerning short sales. Let me give you a little insight first. The Realtor I refer to is proficient in short sales and so he has been around the block with how to handle mitigators. His question was, are … (5 comments)
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loss mitigation: OMG-SO much mis-information about short sales here! - 07/17/08 08:12 PM
Ok....I am new to ActiveRain, but I am not new to the industry. Just in the last few hours of surfing, it is plain to me that the vast, VAST majority of folks here, both Investors and Agents, have ABSOLUTELY NO CLUE about the facts surrounding short sales. Let me elucidate … (16 comments)
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loss mitigation: Loan Modification - Free Consultation - 07/17/08 07:47 PM
Loan Modification - Free Consultation
… (3 comments)
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loss mitigation: I lost 20 LBS in 5 weeks! This is probably valuable info. - 07/17/08 06:29 PM
Hi
I was going to make a you tube video or website and try to generate extra income with this information. But, I thought, what if my friends on Active Rain don't see it. Of course I have to let you guys in on it first. I'm also making this blog … (0 comments)
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loss mitigation: LOAN MODIFICATION LEADS- is this for real? - 07/15/08 04:43 PM
"NOW WE ARE ROLLIN" Faught, ACTIVE RAIN MEMBER
"YOU ARE MY NEW LEAD SOURCE" P.TORRECE, ACTIVE RAIN MEMBER
"I AM CLOSING OVER 15% WITH THESE" A.HAMPTON, ACTIVE RAIN MEMBER
IF YOU CAN NOT CLOSE THESE LEADS THAN YOU NEED A DIFFERENT JOB
700+ leads weekly
2 SPOTS OPEN:
These are nationwide … (1 comments)
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loss mitigation: HOW TO MOVE WITH PETS WITH THE LEAST STRESS - 07/13/08 08:13 AM
… (4 comments)
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loss mitigation: After negotiating with the president of the bank on behalf of my client, now what? - 07/12/08 01:32 AM
Earlier this year, I took on a listing that was to be a short sale and two other listings for a person that weren't going to be short sales. But, my client had an 800 credit score and had never missed a payment.
The problem was he over-remodeled a property … (10 comments)
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loss mitigation: LOAN MODIFICATION LEADS only $8, wow! - 07/10/08 11:12 AM
"You guys are killing it" Chris, CA.
"I will not use another source.. I close atleast 10% of every order" sheryl, FL
"I have 10 signed up in 2 days of leads of buying 24hr leads. $17,000 in my pocket. thanks" Ken, TX
Yes, these leads are great... they are from … (2 comments)
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loss mitigation: Short Sales in Dayton, OH - 07/10/08 12:37 AM
I have been reading more and more about short sales on the different posts here on Active Rain, and maybe I am going about these all wrong, but I get 95% or my short sales accepted. I simply call and find out a fax number of where to send the packet … (3 comments)
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