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Short Sales: A Cautionary Tale On Loan Modifications

By
Real Estate Agent with Keller Williams Realty Tacoma

Hi! This is Nathan Olotoa from 59days2sold.com. Today I want to talk about Short Sales: A Cautionary Tale On Loan Modifications

Seattle, WA – Loan Modifications are tough. Lenders don’t want to reduce your payment or reduce the amount you owe.

It’s insane. Don’t even get me started on the topic of the nation’s courts being tilted in the favor of the big banks!

Most loan modifications end in failure because the banks are so hard to work with. In a recent story in the news, a New Jersey Company is accused of defrauding homeowners out of thousands of dollars.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

According to the story, one couple had more than $2,800 billed to their credit card but received no loan modification. Another customer paid more than $3,500 and received no assistance. Your best bet for a successful loan modification is to negotiate it yourself. No one else is going to care as much as you. After all, whose house hangs in the balance?

Yours! A loan modification negotiator in another state that has already collected his fee isn’t going to care as much as you will.

That is why we offer a loan modification guide to consumers. Here is what we cover in the Stop Foreclosure Institute's Loan Modification Insider Secrets Guide.

* An easy to understand, Step By Step Guidebook. * How to write a Hardship Letter that gets your loan modification approved. * Three big loan modification mistakes and how to avoid them. * Loan Modification from the lenders point of view. * How the Making Home Affordable Program can help you. * What not to do so you don't risk being carted off to jail. * How to calculate your budget properly to increase your chance of success.

To request this kit, please click here to request a copy.

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at asknate@kw.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 253-310-1177

iscover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thanks for reading this, Nathan Olotoa.

Nathan is a Real Estate Broker at Keller Williams-Tacoma. Short Sales Realtor:

Phone: 253-310-1177. asknate@kw.com.

Listed to Sold in 59 days or less

View My homes for sale at 59days2sold.com.

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Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Nathan Olotoa's personal views and do not reflect the views of Keller Williams-Tacoma.

This information on Short Sales: A Cautionary Tale On Loan Modifications is provided as a courtesy to our viewers to help them make informed decisions.