Real Estate Agent with Coldwell Banker Lake Tulloch

Foreclosed HomeLet's get the word out to as many HomeOwners as we can who might be in financial distress.  Encourage them to contact their lender in order to attempt to negotiate a loan modification.  Let's try to keep HomeOwners in their homes and FORECLOSURES OFF Privately OwnedTHE MARKET.  Let's keep the homes looking like this one instead of the one up above.

Now, if your lender won't work with is another alternative

If you decide to look into it, be sure you know everything up front.  It does cost money and it does not appear to be guaranteed.  There is a video when you click on to download the forms.  Please contact me so I can refer you.  I do have the forms printed out.  My contact info

Comments (8)

Anthony Stokes-Pereira
Better Homes and Gardens Rand Realty - Nanuet, NY

Hi Roxanne;

I agree with you, I did with one of my sellers.

Oct 23, 2008 11:25 AM
David Hubbard
Premier Denver Homes - Highlands Ranch, CO

Providing information on how to avoid foreclosure / credit damage is a great way to make new contacts.

Oct 23, 2008 11:29 AM
Konnie Mac McCarthy
MacNificent Properties, LLC - Cobb Island, MD
Broker/Owner - VA & MD "Time To Get A Move On!"

you know I had a client who tried to modify their loan with Indymac...they were told that they would have to be behind in their payments first....isn't that amazing...

Oct 23, 2008 02:16 PM
Leslie Stewart
Oregon Licensed Broker with Berkshire Hathaway HomeServices Real Estate Professionals - Stayton, OR
Realtor, ABR, CRS, Oregon Licensed Broker

I read some information today about loan modification.  Sounds pretty intense but compared to the alternative, it would be worth the effort

Oct 23, 2008 02:30 PM
Roxanne Schilling
Coldwell Banker Lake Tulloch - Copperopolis, CA

Anthony.......Did you client negotiate with their own lender or through another source?  Do you know the outcome?

Oct 25, 2008 04:36 AM
Roxanne Schilling
Coldwell Banker Lake Tulloch - Copperopolis, CA

David.........I just want to be careful because I have heard that even when you negotiate with your own lender there might be hidden agenda behind the scenes that you are not aware of or you just don't understand.

Oct 25, 2008 04:38 AM
Roxanne Schilling
Coldwell Banker Lake Tulloch - Copperopolis, CA

Konnie........I think they should try it again and be persistent.  I think there will be programs coming up that might amaze us all.  Your clients should not give up.  I think the public should get tough with their lenders. 

Oct 25, 2008 04:39 AM
Roxanne Schilling
Coldwell Banker Lake Tulloch - Copperopolis, CA you have any information to share with us about the loan modification?  I am interested and I am sure many many people out there are interested also.

Oct 25, 2008 04:41 AM