Stockton CA – We recently send everyone in congress a fax about a certain large bank. They had done a lousy job on a short sale file. We waited 90 days for an answer on an offer.
Get my Free, Step By Step Loan Modification Guide by clicking here.
The buyer got impatient and walked. Fortunately we had a backup buyer. Instead of using the BPO that Freddie Mac paid for and reviewing the new offer, the negotiator closed the file.
Freddie Mac, the owner of the loan, stands to lose $75 spent on the BPO and 90 days worth of interest. We estimate Freddie's loss over the delay to be around $1,249.
Rather than just sit here and take abuse, we decided to stand up for ourselves. We found the entire list of fax numbers for congress, typed up a fax, and sent it out.
If you loan mod is taking too long, then fax everyone in congress. Most many loans are federally insured or guaranteed. Examples are loans owned by Fannie Mae or Freddie Mac or insured by FHA, VA, and USDA.
Uncle Sam is the backstop for a huge percentage of American Home Loans. That leaves these banks and servicers open to huge liability.
If they mess up on a federally owned or insured mortgage, they are causing Uncle Sam to lose money. Send a fax and contact your congressperson and/or senators and let them know what is happening.
Thinking about a loan modification?Our Stockton loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at ron@homebuyersrealty.com to request a Free Copy.
Or, click here to request a copy.
Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at ron@homebuyersrealty.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 (209) 321-0445
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thanks for reading this, Ron Cedillo.
Ron is a Real Estate Broker at Home Buyers Realty. Stockton Short Sales Realtor:
Phone: (209) 321-0445. ron@homebuyersrealty.com.
Providing Options for Homeowners in Foreclosure
View My homes for sale at www.HomeBuyersRealty.com.
Ron Cedillo specializes in loan modification assistance and short sales in Stockton California. Stockton Loan Modification Help, Stockton Short Sales. Stockton Short Sale Realtor Stockton CA Short Sales. Stockton Realtor.
Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Ron Cedillo, Home Buyers Realty, and the Stop Foreclosure Institute are not associated or affiliated in any way, shape, or form with the government. Our services have not been reviewed, endorsed, or approved 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.
However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.
If you stop paying your mortgage, then you could lose your home and damage your credit. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.
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.
You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.
The views expressed here are Cedillo's personal views and do not reflect the views of Home Buyers Realty.
This information on Stockton Short Sale: Sick Of Your Loan Mod Taking Forever? Why Not Contact Congress? is provided as a courtesy to our viewers to help them make informed decisions.
Stockton Short Sale: Sick Of Your Loan Mod Taking Forever? Why Not Contact Congress?
Stockton CA – We recently send everyone in congress a fax about a certain large bank. They had done a lousy job on a short sale file. We waited 90 days for an answer on an offer.
Get my Free, Step By Step Loan Modification Guide by clicking here.
The buyer got impatient and walked. Fortunately we had a backup buyer. Instead of using the BPO that Freddie Mac paid for and reviewing the new offer, the negotiator closed the file.
Freddie Mac, the owner of the loan, stands to lose $75 spent on the BPO and 90 days worth of interest. We estimate Freddie's loss over the delay to be around $1,249.
Rather than just sit here and take abuse, we decided to stand up for ourselves. We found the entire list of fax numbers for congress, typed up a fax, and sent it out.
If you loan mod is taking too long, then fax everyone in congress. Most many loans are federally insured or guaranteed. Examples are loans owned by Fannie Mae or Freddie Mac or insured by FHA, VA, and USDA.
Uncle Sam is the backstop for a huge percentage of American Home Loans. That leaves these banks and servicers open to huge liability.
If they mess up on a federally owned or insured mortgage, they are causing Uncle Sam to lose money. Send a fax and contact your congressperson and/or senators and let them know what is happening.
Thinking about a loan modification?Our Stockton loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at ron@homebuyersrealty.com to request a Free Copy.
Or, click here to request a copy.
Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at ron@homebuyersrealty.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 (209) 321-0445
Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.
Thanks for reading this, Ron Cedillo.
Ron is a Real Estate Broker at Home Buyers Realty. Stockton Short Sales Realtor:
Phone: (209) 321-0445. ron@homebuyersrealty.com.
Providing Options for Homeowners in Foreclosure
View My homes for sale at www.HomeBuyersRealty.com.
Ron Cedillo specializes in loan modification assistance and short sales in Stockton California. Stockton Loan Modification Help, Stockton Short Sales. Stockton Short Sale Realtor Stockton CA Short Sales. Stockton Realtor.
Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Ron Cedillo, Home Buyers Realty, and the Stop Foreclosure Institute are not associated or affiliated in any way, shape, or form with the government. Our services have not been reviewed, endorsed, or approved 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.
However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.
If you stop paying your mortgage, then you could lose your home and damage your credit. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.
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.
You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.
The views expressed here are Cedillo's personal views and do not reflect the views of Home Buyers Realty.
This information on Stockton Short Sale: Sick Of Your Loan Mod Taking Forever? Why Not Contact Congress? is provided as a courtesy to our viewers to help them make informed decisions.
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