Live, Work, and Play in South County
The big lending institutions are absolutely running in circles and it is obvious they have no concrete logical plan to help out and produce viable loan modifications. Many homeowners are becoming very “comfortable” with the constant postponements of NOD’s or NTS’s. However, there are many times when you feel you are on track (for a… Read More
Homeowner advise on “Exit Strategies” The new EXIT strategy is what they are calling it. The interesting thing is that “Short Sales” have been around for a long time. However, with run away appreciation it was rarely heard about because it was very easy to ride it out (for a few months) and sell the… Read More
Loan Modification Tip Loan Modifications are okay as long as you know what the bank is doing. I wish I had a nickel for all the times I hear from people who thought the bank was diligently working on their file only to be blindsided with a trust deed sale (foreclosure). The reason is because… Read More
In the last few years I have literally consoled, helped and guided over 250 homeowners with their loan modification challenges. Because every homeowner is experiencing it for the 1st time they really only have their own “experience” to rely on. The underlining story, 99% of the time, is still the same and that is,… Read More
Q: I here the government has been encouraging the banks to modify home loans for all the people that are in trouble, is that true? A: The banks use “trial modification periods” to “show” the government that they are attempting in “good faith” to modify loans, thus making them eligible to receive government money. However,… Read More
Q: We are making reduced monthly mortgage payments pursuant to a “temporary loan modification agreement”. However, it does not seem like our bank wants to modify our loan because they keep stalling the process, losing our documents, etc. What is going on? A: You are not alone! For a long time, loan modifications with any… Read More
With the growing number of mobile phone usage the laptop computer is soon to be a dinosaur. That is why we now offer a fully integrated, … [Read More...]
