My Wells Fargo Loan Modification was denied . . now what?
Wells Fargo has come up with the proposal of loan modification because they want to reduce the number of foreclosures on the market, thus helping delinquent borrowers remain in their homes.
Wells Fargo has strict guidelines for loan modifications and you may find yourseldf after all the hours spend on the phone, gathering incessant number of papers, bank accounts, tax returns and hardship letters. . .
You are being notified that your Wells Fargo Loan Modification was officially denied.
Now what?
Now you know what we have known. . . Despite all the government and media hype, voluntary loan modifications are not the silver bullet to the foreclosure crisis. it certainly was not in your case.
Even after President Obama introduced the HAMP program, less than 8% of the anticipated 9 million loan modification applications have been considered. Wells Fargo and all other banks out there are not there to help you solve your financial problems. They are a business and they behave like one.
They made the decision based on your current financial status . . simply you can't stay on your home
You can not afford your home anymore.
You have 3 choices.
#1 A Deed in Lieu of A Foreclosure This is where we come in. We guided you to choose your best option and in most cases a short sale is the most sensible solution. Remember the difference between a short sale and a foreclosure: In a short sale you sell your home. . . in a foreclosure you lose it! We have relationship already with Wells Fargo and we know what it takes to get you OFF your mortgage. It's called a short sale. . . With a simple phone call we can privately discuss your unique situation and find the best way to fix it. A denial of a loan modification could be a blessing in disguise for you. It is insane for banks to expect you to pay for a home that will not have EVEN EQUITY IN POSSIBLE TEN YEARS? Real estate prices are going to slowly recover and it could take up to 10 years to get back to equity gains above 5% per year. You are better off renting under these conditions. Do you want to work for yourself. . or for the bank these next ten years? We have also been successful at getting short sales approved by Wells Fargo when a loan modification has failed. We strive to not only get your short sale approved, but to get you the best write-off possible. We have seen many approvals and know how Bank of America operates approving and disapproving short sales. Our goal is to help you: Avoid a foreclosure and do a short sale to preserve your credit Avoid a deficiency judgment on your head. . .we help you eliminate it! Avoid phone calls from your bank. . we put an immediate stop to that! When a banks denies modification of your loan. . .you are automatically qualified to do a short sale.
#2 A Short Sale
#3 A Foreclosure
Now that you qualify for a short sale. . don't wait, time is your enemy?
Click on my eBook about Short Sales.. .you will have a clearer vision when you are contemplating a short sale as an option.
Why Should You Call Us If You Are Short Selling Your Home?
We are not investors. . we just want to help you.
If we can, the bank will pays us. . .
. . if we can't help you, we lose and we do not make a dime.
We do not charge a penny to the homeowner. . .we know you are in distress!
WE ARE IN THE SAME TEAM WITH YOU!
Fernando Herboso is a Certified Distressed Property Expert 
and a Gold Member Certified Default Resolution SpecialistTM with (CDRS)
You can reach me (Fernando Herboso) by calling him directly@ 240-426-5754
or email : Fernando@Herboso.com
CONTACT US TODAY . OUR SERVICES ARE FREE AND EVERYTHING IS KEPT IN THE STRICTEST CONFIDENTIALITY.
We can serve you in Maryland, DC or Virginia
"We Bring you The Results When It Counts"
How Much A Short Sale Cost Me After All?
Loan Modification Denial with Bank Of America Short Sales Maryland - Loan Modification Denied with Wells Fargo
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