What The Big Banks Don't Want You To Know About Ashburn Short Sales

Ashburn Short Sales: What The Big Banks Don't Want You To Know About Ashburn Short Sales

Ashburn VA - Here is a shocking fact that most of the American Public doesn't know. Most mortgages are not owned by banks.

http://stopforeclosureashburn.info/short-sale.html Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

In addition, most of the huge losses on bad mortgages was not lost by the banks themselves. Instead, the biggest loser was Uncle Sam, thru the takeover of Fannie Mae and Freddie Mac.

Most mortgages are sold after they are made. We estimate that around 75-80% of all mortgages were sold before the housing crisis.

This means that the large lenders didn't take the hit on the bad mortgages they originated. Instead, Uncle Sam often took the hit.

Another large buyer of mortgages were pension funds and retirement funds. Do you think the Average American was fleeced by Wall Street?

But, here is something even more appalling. It appears that they are still being fleeced by the big banks. You see, those were sold to Uncle Sam or a pension fund.

However, in many cases those mortgages are still being handled by the original entity that made the bad loan. They are required to act in the loan owner's best interest.

But, in many cases the lenders are not doing a good job trying to maximize the return on defaulted mortgages.

Remember yesterday's blog post about the lender charging a 1% fee to the home buyer on a short sale? That fee only reduced what the loan owner was able to get for the bad mortgage. 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 kmaz32@hotmail.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 571-420-7838

Thinking about a loan modification? Our Ashburn loan modification kit has the instructions you will need to get a loan modification approved with your bank.

Thanks for reading this, Kyle Mazaris.

Kyle is a Real Estate Agent at RealEstate.com Realtors. Ashburn Short Sales Realtor:

Phone: 571-420-7838
Email: kmaz32@hotmail.com

                                                              Important Notice

Kyle Mazaris, RealEstate.com Realtors, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

The views expressed here are Kyle Mazaris's personal views and do not reflect the views of RealEstate.com Realtors.

This information on What The Big Banks Don't Want You To Know About Ashburn Short Sales is provided as a courtesy to our viewers to help them make informed decisions.