Special offer

Don't Pay Any Upfront Fees For Your Loan Mod or Short Sale

By
Real Estate Agent with eXp Realty 01780829

Menifee, CA I recently met a client that inquired about a short sale. My process of pre qualifying a candidate for a short sale is to be certain the borrower has gone through the necessary steps to save their home.

I was really surprised to hear there are still company's out there that continue to charge upfront fees in hopes of providing a solution.

My message to the public is PLEASE...do not pay one thin dime to any company out there trying to collect fees for getting you a loan modification or short sale. There are government regulations that restrict this practice.

One great source I have found that provides help is Neighborhood Assistance Corporation of America (NACA) This is a non profit advocacy providing HUD Certified Counseling to families in need. For more information on  NACA please visit their website at NACA.com. They travel around the country on their 'Save The Dream Tour' and help people lower their monthly mortgage payments.

 

Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

To our minds, they ought be reported to the BBB and banished from the landscape.....sadly, they are still around in some areas.

Jan 05, 2012 09:58 AM
Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

It is amazing that people still fall for these tricks, but it is no different than Realtor.com selling us our leads back to us or equators claim to do a better job with short sales.

Jan 05, 2012 01:29 PM