housing: Poor Credit and Depreciation....Do I have to call you back?
- 08/28/08 03:20 PM
My cell phone rang again today. Another potential borrower looking to refinance off a piece of my direct mail. I don't think I get more excited than when I hear "I got a piece of mail from you and I would like to refinance. Can you help me?" The excitement is one thing......REALITY IS ANOTHER! In the last 6 months, I have talked to at least a hundred homeowners that are upside down on their house. They owe $200,000 on a house worth $150,000. It is so difficult to do, but I have to call back and break the bad news … (9 comments)
My cell phone rang again today. Another potential borrower looking to refinance off a piece of my direct mail. I don't think I get more excited than when I hear "I got a piece of mail from you and I would like to refinance. Can you help me?" The excitement is one thing......REALITY IS ANOTHER!;)
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