GreenTree Second Mortgage on a Short Sale - Be Alert! - 02/18/11 05:07 PM

Sarasota, FL -As a HELOC lender, GreenTree can be the collection company from the dark side, when you are placed in the unfortunate position of having to work out a settlement to avoid foreclosure. 
Greentree has been known to release liens to facilitate a short sale for 5% - 10% of the purchase price (Yes, "Purchase Price", not loan amount).  However, they have historically not released the deficiency for this amount, which is something to pay attention to.
Releasing the deficiency will normally require a total of 30% of the loan amount.   If a deficiency judgment cannot be settled prior … (1 comments)

Stopping the Harassing Phone Calls from Lenders - 02/08/11 03:59 PM

Sarasota, FL - Are you behind on your mortgage payments and receiving ongoing calls from the lender?
How to get the Lender to Stop Calling You, when facing Foreclosure.
The Fair Debt Collection Practices Act (FDCPA), prohibits abusive, unfair, or deceptive practices of debt collectors in the manner in which they attempt to collect a debt.  This includes the time periods in which debt collectors can call you (only from 8AM - 9PM, unless otherwise agreed), where they can call you (not at work, unless you agree) and what to do if you do not want them to call you … (1 comments)

 
Troyjenfunk Rainmaker_large

Troy Funk, CDPE, SFR, Realtor - Sarasota Short Sales & Foreclosures

Sarasota, FL

More about me…

RE/MAX Platinum Realty, Sarasota 941-957-3737

Address: 665 S. Orange Ave. #2, Sarasota, FL, 34236

Office Phone: (941) 957-3737

Email Me

Short Sales in Sarasota & Foreclosures in Sarasota - Sarasota Real Estate for Sale & Information for Homeowners Facing Foreclosure - by Sarasota Short Sale Expert & Real Estate Agent Troy Funk, CDPE, SFR, who has helped many homeowners successfully stop foreclosures with short sales in Sarasota, Florida.


Listings

Links

Archives

RSS 2.0 Feed for this blog