Posts Tagged ‘Estate’

Real Estate & Mortgage Marketing 7 – Home Loan Modification Dec08 Attorney Negotiated Loan Mod

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Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Finance Laws and Guidelines are Complex. Beware of the Banks Loss Lessening Department. Go To RealEstateMarketingThisWeek.com Part 7 (Excerpt) Attorney negotiated loan modification process Going thru the Legal Door We have Dan Havey with us talking about loan modifications. This segment we want to talk about the specifics of the real mechanics of, how does it really work for the homeowner? Let me just start it off and if you would then give reasons for the back end of how it works. Our job is to determine where you’re at now, be very point about where you’re at with your finance now, what the rate is, what it’s done, those specifics. How much you make? We have to help the lender with one thing which is to set up a hardship which is crucial to this. You can’t be making half $1 million a year paying $5000 a month in a finance, they are not just going to decrease your interest rate because you want it. There really has to be some sort of change, financial change, hardship. We determined that and then there is a noteworthy amount of paperwork involved, Velocity Financial takes care of that for you. We fill out the paperwork along with your help, review all of the documentation, we then recommend be right loan modification, whether it be an interest rate reduction, or extending the term of your loan, waiving some of the balance that you owe which is very very rare. To make sure that once we’re done …

Real Estate Tips: Buying a Home : How to Fill Out a Home Loan Application

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Filling out a home loan application can be tedious and confusing without the help of a finance broker. Fill out a home loan application withtips from a licensed agent in this free video on real estate. Expert: Richard Blake Bio: Richard Blake is a licensed real estate agent that has closed more than 20 times the number of transactions per year than that of the average realtor for the last three years. Filmmaker: Christopher Rokosz

Real Estate & Mortgage Marketing 4 – Home Loan Modification Dec08 Beware the Foreclosure Sharks

Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Finance Laws and Guidelines are Complex. Beware of the Banks Loss Lessening Department. Go To RealEstateMarketingThisWeek.com Part 4 (Excerpt) The pitfalls for trusting your bank one more time; Beware The Foreclosure Sharks This whole loan modification thing reminds me a lot of the ancient Peanuts comics where each fall Lucy would get out with the football and she would set it down on the ground, and she would coerce Charlie Brown into coming along and kicking the football. Well of course as we all know Charlie never got to kick the ball, Lucy always pulled it out from underneath him and I kind of look at the finance industry, the servicing end of it in particular that way. You have to reckon about it, in many cases the loan that you were place into was not a excellent loan in the first place. The person who gave you that loan knew it was not a excellent loan, the Wall Street banks that came up with these crazy thoughts should have known better. Now admittedly they didnt otherwise they would not be out of business today, but they should have known that these were not excellent products. Yet when you are faced with an issue regarding your house so many people go back to the bank, like Charlie Brown going back to Lucy and believing that THIS time Lucy is not going to pull the ball away. Well what is going to keep the bank from not pulling the ball away from you this time? Absolutely nothing. I like that analogy; everyone …

Real Estate & Mortgage Marketing 1 – Home Loan Modification Dec08 Licensed Attorney to Negotiate

Home Loan Modifications Negotiated by Licensed Attorneys. Real Estate & Finance Laws and Guidelines are Complex. Beware of the Banks Loss Lessening Department. Go To RealEstateMarketingThisWeek.com Part 1 (Excerpt) Why you should use a licensed attorney to negotiate your loan modification Dan Havey thanks for taking the time to be with us tonight. Thank you Michael for having me and you are absolutely right 2008 for many people was a very tough year. Tough year for pretty much everybody that I know, how many banks have we lost in 2008? Hopefully the bleeding is gone; hopefully there arent too many more banks to fail. Quite a few banks have picked up some of the slack, but the reality of it is so many people have been faced with such hardships, we have solutions that we are possibly going to talk about today that they can look forward to, to make 2009 a fantastic year. Certainly that is what we are doing here with your organization at Velocity Financial and with the Modification Hotline and with many of the other things I am working on right now to help people out. When I first got into this business it was back in the late 80s, I stirred here from Wisconsin after getting a degree in finance and I started promotion repos for Fannie Mae, Countrywide, and the RTC. The Resolution Trust Corporation was responsible for getting rid of all the real estate owned by the over 1800 S&Ls that failed. So I cut my teeth promotion those reposed properties and got to know a lot about the laws and …

Mortgage Modification 3 – Home Loan & Real Estate Marketing Nov08 – Scams, Fraud & Loss Mitigation

Attorney Negotiated Finance Modification for Home Owners. Expert Advice on Real Estate and Loan Mods. Avoid Foreclosure Scams and Fraud. Prevent Bankruptcy. Go To realestatemarketingthisweek.com Part 3 (Excerpt) Beware of phishing schemes and bank scams gmacs clients hit hard As promised just before the break, I told you to, listen in if you know anyone who has a GMAC Finance, this is one of those too excellent to be right things. Heres the thing, I have no issues what-so-ever with GMAC, thats not what Im saying, what Im saying is there is a scam of sorts that is going around. A client of ours received a letter, we did a second finance for this person a few years ago, they received a letter from GMAC, it looked like GMAC, it sounded like GMAC, and it said that we are willing to forgive your second finance of 200 and some thousand dollars in lieu of a one time payment, payable within the next 30 days, of say 20 thousand dollars. I dont recall the rigorous amount or what it was. There is a phone number on there, it says loss lessening department on it, a person assigned to this case. They called the phone number, they answered the phone as if you were calling into the loss lessening department, and verified if you just send us this amount they will release the lien. Well it is completely fake. It is absolutely not right. These people are not going to seek you out on their own, now whether it be GMAC, today we have really seen that one, there may be other ones out there …

Home Loan Modification 8 – Mortgage & Real Estate Marketing Nov08- Avoid Deceptive Mortgage Practice

Attorney Negotiated Home Loan Modification for Home Owners. Expert Advice on Real Estate and Finance. Avoid Foreclosure Scams and Fraud. Prevent Bankruptcy. Go To realestatemarketingthisweek.com Part 8 (Excerpt) B of A and Countrywide pay $150M fine for deceptive finance practices I have here in my hand something from the office of the attorney all-purpose Terry Goddard, this is in regard to B of A and Countrywide. The state has alleged that prior to 2008 that Countrywide used unfair and deceptive tactics in its loan originating and servicing activity and placed borrowers in structurally unfair and unaffordable loans. These are not my words folks this is from the office of Terry Goddard the Attorney All-purpose of Arizona They are talking about lowering peoples rates for the first year only. Look a excellent loan modification, you dont need a 12 month reprieve if you are 2, 3, or 4 months behind on your finance, it is going to take a modest bit more than 12 months to get back on your feet. I was going to say what an vital point that you are making is because the announcement today by Paulson regarding the money not being used to buy these terrible mortgages any longer, because of Barney Franks comments about how banks need to do more to help avoid foreclosures for mortgagees, what that really is amounting to for me as someone who studies the financial market each single day as part of my profession, what that really amounts to is banks being able to set stipulations, and the fleeting …

How a Real Estate Short Sale Really Works

A real estate fleeting sale situation may be right when a homeowner is in foreclosure and the loan amount is close to the value of the home. The seller cannot sell the house with an agent because the fees involved exceed any moneys received from the sale. What can you do?

The 3 Biggest Misconceptions That Real Estate Agents Have About Short Sale Listings

First of all, “yes” some fleeting sales take long to sell and “yes” some fleeting sale listings can be frustrating.  But let me tell you this; not all are made equal! With a modest patience and a modest creativity you can overcome some of the shortcomings of listing pre-foreclosure/fleeting sale properties and make a lot of money by helping homeowners get out from underneath the huge burden of debt and stress they are under.

Mortgage Loan Modification 5 – Home & Real Estate Marketing Nov08 – Loss Mitigation works for Banks

Attorney Negotiated Finance Loan Modification for Home Owners. Expert Advice on Real Estate and Finance. Avoid Foreclosure Scams and Fraud. Prevent Bankruptcy. Go To realestatemarketingthisweek.com Part 5 (Excerpt) The Loss Lessening Department at the Bank is not on your side Welcome back once again my guest Brett Fallon, Brett is a regular guest on the show, he is a registered financial consultant with RG Capitol and AIG Financial Advisors Brett W Fallon welcome back to the show. It is nice to have the financial advisors perspective on some of these things so many people dont have a financial advisor so for thousands and thousands of people listening right now you are their only option for that, financial advisory services are typically not for the masses but again you are here to help and your services are available to quite a number of people you really work with fortune 500 companies is that right? Yes, I do a number of workshops for fortune 500 companies that are headquartered here around the valley, the thought is to help people make efficiency with all assets, understanding that their home and home finance is typically the largest asset that most Americans have and if you are not treating that with efficiency, the retirement accounts and investments accounts, and all the other stuff has to work in concert, so Im pleased to weigh in with information and give you my viewpoints and my perspective. We were talking just a few moments ago about utilizing an expert …