Columbus OH – Fannie Mae stands for Federal
National Mortgage Association. Fannie Mae is a quasi-government enterprise that
was created to buy mortgages from banks, thereby allowing them to make more
loans.
Short Sales on a Fannie Mae owned loan are much simpler than
other short sales. Around half of all US mortgages are owned by
Fannie Mae or Freddie Mac.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
That means the company you have been mailing your mortgage payment to does not
actually own your loans. You might mail your check to Bank of America, Wells
Fargo, or Chase.
But, they act as a “Servicer” on behalf of Fannie Mae.
Fortunately for most homeowners, Fannie Mae does not pursue
deficiencies or promissory notes.
The only exceptions are if it were a strategic default or the loan has Mortgage
Insurance. Even in these cases, you can usually avoid a deficiency judgment.
A Fannie Mae short sale has to be approved by Fannie Mae. That means you will
send all your paperwork to your lender. They will process your paperwork and
then send the final paperwork to Fannie Mae for final approval.
In some cases, the lender will be “delegated.” This means that Fannie Mae has “delegated”
the authority to make decisions on the short sale to the lender.
Fannie Mae is fairly reasonable with their short sale process. Unlike certain
lenders, they don’t demand more than is reasonable. They adjust their policies
from state to state to make the process easier.
In addition, they have a great policy for negotiating with second mortgages.
Short sales with two mortgages can be very tough. The first and second
mortgages fight over the available funds.
This usually throws a wrench in the short sale negotiations. The second will
get zero in a foreclosure. But, the first is willing to give the second
something because a foreclosure costs them money.
However, the second wants more than the first is willing to give. Fannie Mae
has gotten rid of all the issues with a straight forward second mortgage
policy.
They pay $3,000 to the second mortgage, regardless of what they are owed. This
streamlines the process and makes everyone happy. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on How a Columbus Short Sale works on a loan owned by Fannie
Mae is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – You can short sale your house if
you have an FHA loan. FHA will forgive you of all the debt and
does not ask for a promissory note.
That is the case if you are short selling because of a legitimate hardship.
Here is how the process works on an FHA short sale.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
You send all of the standard paperwork to initiate a short sale. You will need
to include copies of your last 2 bank statements, last 2 years tax returns, and
last 2 pay stubs.
They will also want a hardship letter and financial worksheet filled out. The
short sale lender will start out reviewing your information. Then, they will
order an FHA appraisal.
An FHA appraisal has to be done by an FHA appraiser. Only certain appraisers
are approved by FHA. Once the appraisal comes back and the lender has reviewed
your documentation, they will issue an "approval to participate."
At that date, they are allowed to approve any offer that nets 88% of the
appraised value. After 30 days has passed they are allowed to accept 86% of the
appraised value.
Finally, after 60 days have passed they are allowed to accept an offer that
nets 84% of the appraised value. Here is something that makes FHA short sales
easier than normal short sales.
You can start the process before you get an offer from a buyer. Once you get an
offer from the buyer, then the lender has 5 working days to approve or deny the
short sale offer.
If the offer meets the necessary parameters, then the rules state that they
must approve it. To get a copy of the exact rules for FHA short sales, then
simply Google, "Mortgagee Letter 2008-43."
These clearly laid out rules make FHA short sales so much more clear and
transparent compared to short sales with other loan types. Thinking about a
short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on How A Columbus Short Sale Works If You Have An FHA Loan is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – We got an e-mail today with the
subject line of “Bankruptcy will get your finances back on track.” People think
that a bankruptcy will cleanse them of their debts. That is a myth. Let me
explain why.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Yes, it’s true, that a Chapter 7 Bankruptcy will release a debtor of all debts.
The problem is that the bankruptcy laws were changed in 2005.
This law makes it much harder to file a Chapter 7 bankruptcy. Now
the judges have to steer debtors towards a Chapter 13. What does
a Chapter 13 bankruptcy mean?
It means that a debtor will have to repay part (if not all) of their debts. In
addition, the debtor has their finances managed by the bankruptcy trustee. And,
the debtor has to pay that trustee!
If a person just stops paying their debts, then they can actually
pay less money than they would with a Chapter 13 bankruptcy. Fortunately the laws are written in your favor.
The debt collection process is tough. Most big companies don’t have the stomach
to do the hard work of collecting money. That is why they farm that hard work
out to a collection agency.
What does the collection agency do? They just call the debtor over and over
again. Very few collection agencies are going to do what is
actually necessary to force the borrower to pay.
And that is to file a lawsuit. If they ever do file a lawsuit, the court system
is so backed up that it is hard to get a judgment. And what good does a
judgment do them?
Statistics show that only 20% of all judgments ever get
collected. Even if they attempt to garnish your wages, you can
contest their garnishment.
You can stop paying your unwanted debts, ignore the debt collectors, and in 2-3
years be back on track.
At that time, you will be much better off versus a bankruptcy
which stays on your credit for 7 years. Thinking about a short
sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short Sales,
Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH Short
Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Warning: Bankruptcy Will Not Get Your Finances Back On
Track After A Columbus Short Sale is provided as a courtesy to our viewers to
help them make informed decisions.
Columbus OH – You can dispute negative items on
your credit. In some cases, the negative item can go away in 30-60 days. This
doesn't always happen, but it is nice when it does.
Fixing you credit will seem overwhelming at first. But if you stick with it,
then you will see that it does work. With a little persistence, most items can
be removed permanently.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The biggest reason that credit repair works is because you are considered
innocent until proven guilty. That means it is the credit bureaus job to
determine if a negative item should stay on your report.
Many people have inaccurate information on their reports. Federal
law says that you can dispute anything in your report. We
recommend you send a detailed letter by certified mail to the credit bureau.
Yes, you can dispute online, but we don't recommend that. Why? There is no
paper trail. Your letter should have detailed info on your dispute. Put in your
name and address.
In addition, identify each item you are disputing. Say why you are disputing it
and ask them to remove it from your report. File copies of the letter,
envelope, and certified mail receipt.
You can even mail your letter return receipt requested. Then you have proof
they received your letter. The bureaus have 30 days after they
receive a dispute to investigate it.
If they can't verify the negative item, then they must remove it from your
record. Credit bureaus issue a lot of requests for verification to lenders
every day. The people at the lenders get backed up.
Files get misplaced. Banks and lenders are sold,
merged, or go bankrupt. If you have ever moved, then you understand how much is
misplaced.
This is why many disputes don't receive a reply. This works to your benefit. If
the credit bureau doesn't receive a response, then they have to remove the
item.
Everything negative on your report can be disputed, even info that is correct.
Do not give too much information to the bureau. We recommend that you mark the
item you are disputing.
Then state why you are disputing it. Nothing more is needed. If you give them
lots of info, they may use that info to verify the item.
One more tip: After mailing a dispute letter, let the issue sit
for 45-60 days before disputing it again.
If you contact the credit bureau again in the 30 day window, they can
automatically extend it for 30 days from that date. That gives the bureau more
time to verify the item.
Here are a few reasons you can dispute a negative
item.
1. Not my account.
2. Wrong Credit Limit.
3. Wrong Account Number.
4. Wrong date of last activity.
5. The Judge gave the account to my ex in the divorce. Be sure to send them a
copy of the divorce decree.
6. I paid on time that month.
This all means that you can get your life back to normal after a short sale.
You can get rid of the debt, repair your credit, and get your life back to
normal. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Fixing Credit After A Columbus Short Sale: How to
Dispute a Negative Item is provided as a courtesy to our viewers to help them
make informed decisions.
Columbus OH – Most people think that a short sale
will be the kiss of death to their credit. That is the one big advantage of a
short sale over a foreclosure.
Anything and everything bad on your credit can be fixed. It's called the
dispute process. In my opinion, many lenders incorrectly report credit on
consumers all the time.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
What if the consumer doesn't understand how the process works? The consumer
suffers unjustly! Just like the banks can work the system for their benefit,
you can work the system to your benefit.
The information here is about how to dispute alleged errors. The law says
correct but negative information should stay on your report. But, it is
completely legal to challenge anything on your credit report.
It does not cost you, the consumer, any money to dispute something. In fact, if
the Credit Bureau doesn't follow the federally required procedure to process
your claim, they can be liable for up to $1,000.
Here is how to process works.
First, order a copy of your credit report. I
prefer the printed version. That way you can read thru the entire report and
make notes. You can highlight all the things that need to be fixed.
Next, rank those items by priority. The ones that
are doing the most damage should be disputed first.
Here are some common items that negatively affect your credit: Foreclosure,
Loan Default, Late Payments, Collections, Repossession, and Bankruptcy.
(A Short Sale will show up on your credit as a Late Payment or "Settled
for less than full amount." This is still much better for your credit
rating than a foreclosure.)
After that, you will want to dispute the items.
Send all your disputes by certified mail. That way you have proof of when you
sent the dispute. Then, you wait for the dispute process to be completed.
Tomorrow, I will give more examples of how to dispute a questionable item.
Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Is There Any Hope For Your Credit After You Short Sell Your
Columbus Home? is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – You can get your life back on
track after a short sale. One of the first things you'll want is to start
repairing your credit. But, how do you get those pesky collections off your
report?
I'll show you a couple of techniques here. Collections can be very easy to
remove. The reason is that most collection accounts have been transferred
several times.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Most of the time, the original lender will turn over the account to a
collection agency within 6 months. The collection agency usually can't collect
anything.
After that, the original lender will turn over the account to another
collection agency. If that person can't collect, then they will sell it to a
debt buyer for three to five cents on the dollar.
But, the paperwork hardly ever gets transferred over properly. Here is the
first step to removing it from your credit. Dispute it with the credit bureaus.
You may not agree that it is your collection. That will take 30-45 days to
process. It will often clear up the problem. Then, dispute it with the debt
buyer (or collection agency) noted on your report.
You can't dispute with them until you have disputed with the credit bureaus
first. Request an investigation. They have 30 days to respond.
Most will not have the proper documentation.
They may send you documentation. But, it isn't very specific. If that happens,
then ask for specific documentation. I would ask for a copy of a document that
is signed by the company that sold them the debt.
The document should clearly state all your account information. It should have
the account number, your information and address, and the amount owed.
In addition, it should be signed by the president of the company. That is the
burden of proof I would request. I doubt they would have something like that.
If the techniques above don't work (that will be rare), then settle the debt.
Pay them from five to twenty cents on the dollar. They agree to report to the
credit agencies as "paid as settled."
You get what you want and they get a little money. Everyone wins. Thinking
about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on How To Remove Collections From Your Credit Report And
Repair Your Credit After A Columbus Short Sale is provided as a courtesy to our
viewers to help them make informed decisions.
Columbus OH – Many people considering a short
sale are being harassed by debt collectors. They call even though you tell them
to stop.
They call even when you tell them you don't have any money available to pay
them. They call your relatives even when you tell them to go away.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
When will they realize that you can't pay them and just back off? Fortunately,
there is some good news. We have a new strategy in the fight to
avoid being harassed day and night by debt collectors.
Even though there are laws that help protect you, in my opinion, the debt
collectors rarely follow them. Did you know that if you request a debt
collector stop calling you, then they must comply and leave you alone?
That is the law. However, it rarely happens. We
have people tell us all the time, "I told them to stop harassing me. But,
they just keep on calling anyways."
Sure you can take them to court. But, who has the time for that?
Little did we know that if you sue them once, then you'll never
be harassed again. Here is how we found this out.
We know someone in the private investigator field. He has access to the same
databases that most debt collectors use. He told us that there were some recent
changes to the debt collection databases.
One of the databases they use to hunt down debtors now flags people who have
filed a lawsuit. So, if you want to be left alone, don't meekly ask the debt
collectors to stop calling you.
The attorneys will review your case for free. From what we know, they will even
file the lawsuit for free and they get paid only from what they collect.
In my opinion, the debt collection industry runs rampant over the Federal Laws
that were put in place to protect the consumer. It's time we put a stop to the
unprofessionalism and harassment.
According to the private investigator, once you file a lawsuit, debt collectors
will avoid you like the plague. I hope this helps you regain your sanity in
this crazy world. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Columbus Short Sales: A New Strategy To Make Harassing Debt
Collector Calls Go Away Forever is provided as a courtesy to our viewers to
help them make informed decisions.
Columbus OH – Many people don't think they are
eligible for a short sale because they have unpaid homeowner's association
dues. Don't worry about paying them yourself.
When you short sale your home the association dues will be paid by your lender.
Most of the time the amount owed to the homeowner's association is a very small
percentage of the overall sales price.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Lenders know that a short sale will net them substantially more money than a
foreclosure. I have an example in the post below.
I recently saw a home that was for sale as a short sale. A buyer offered to buy
the home for $237,000. The lender rejected that offer. The home was foreclosed
on and sold for $190,600.
The lender lost around $46,400 by rejecting that short sale offer. The short
sale lenders have ran all the numbers on a short sale versus foreclosure.
They have highly paid, professional actuaries who analyze all of their data to
see how they can make more money. They compare the costs of a short sale with
the costs of a foreclosure.
They know that they can recoup their money faster with a short sale versus
foreclosing on a house and then reselling it. Because of that they are willing
to pay your delinquent homeowners association dues.
In addition, the bank pays the real estate agent who sells the house. They know
that if they foreclose on the house, then they will have to hire a realtor to
sell the house.
They also pay the title insurance, property taxes, and homeowner's association
fees because they must be paid in order to sell a house.
The Bottom Line: All of the costs are borne by the bank in a
short sale. You pay nothing. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View my homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Will Missed Payments To Your Homeowner's Association Affect
The Short Sale Of Your Columbus Home? is provided as a courtesy to our
viewers to help them make informed decisions.
Columbus OH – Here is the most common problem
that arises with short sales. There are multiple mortgages or liens on the
property.
Any of the mortgage companies or lien holders have the right to veto the short
sale. For example, we had a short sale with a first mortgage, a second
mortgage, and a third position lien.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The third position lien was an old credit card judgment. It had to be paid off
to sell the house. The first mortgage was only willing to pay $3,000 to any
second mortgages or liens.
The second mortgage wanted $4,500. The credit card judgment wanted $5,000. How
were we going to get the extra money for them?
We had to escalate the file with the first mortgage. We told them that they had
two options.
Option one: Pay the first and second mortgage and
net X.
Option two: Foreclose and lose an additional
$15,000. I have a calculator that puts all these numbers together. In addition,
I have the proof to back it up.
Here is an example of that proof. There was recent
short sale where the first mortgage stubbornly refused to give enough money to
the second mortgage. As a result, they lost around $45,000.
I found out about this house because I met the first buyers at an Open House.
They were trying to buy a short sale and were offering $272,000. The first mortgage was owed $337,500.
The 2nd was $70,000. The listing agent submitted the short sale offer to both
companies. The first said they would only pay $1,000 to the second mortgage.
The second mortgage wanted more.
The short sale dragged out for months. Finally the buyer paying $272,000
walked. The house was put back on the market. Meanwhile, home prices had
dropped.
Now buyers were only willing to offer around $230,000 for the home.
The house ended up selling for $229,000.
As you can see, the first mortgage was greedy and wouldn't offer enough money
to the second mortgage. As a result, they lost around $40,000. Was that a smart
business decision? I don't think so.
Now, back to my short sale story. I sent this and
several other similar examples to the people at the first mortgage. They agreed
to pay the second mortgage $3,000 and completely pay off the credit card
judgment.
The buyer agreed to pay the extra money the second mortgage wanted. We were
able to get everyone to agree and close the sale.
The seller was able to wipe out over $70,000 in upside down debt and move on
with her life. That is an example of how you solve the multiple lien problem
with short sales. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on How To Solve This Common Columbus Short Sale Problem is
provided as a courtesy to our viewers to help them make informed decisions.
Columbus OH – Buyers often contact me for advice
on short sales. They are frustrated with the short sale process and want to
know why their offer hasn't been accepted.
"I made an offer on a short sale property six months ago. How come I
haven't received an answer yet?", they ask me. Most people don't know that
it is fairly simple to determine if a short sale offer will be approved.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
You simply need to know what the lender's guidelines are for
approval. Most lenders will first order an appraisal to
determine the value of the home.
They don't want to sell the home for less than the appraised value. The
appraiser will look at recently sold properties and how they compare to the
subject property.
They will use that info to determine the Fair Market Value. They turn in their
report to the lender. The lender uses the reported value to accept or deny an
offer.
If the offer is substantially lower than the appraisal, then they will reject
the offer. However, they will usually accept offers within 5% of the appraised
value.
Obviously this varies according to the lender and the
circumstances. So, you want to know if your offer
will be accepted by the short sale lender?
Ask your realtor to put together a CMA, also call a Comparable Market Analysis.
This is your agent's opinion of the value of the property.
If your offer is within 5% of the agent's opinion of value, then you have a
good chance at the lender accepting it. If your offer is below that 5% mark,
then there is still a chance the lender will accept it.
However, the odds decrease substantially. If you want a second opinion on the
value, then order an appraisal. You can send your appraisal to the short sale
lender.
It will be hard for the short sale lender to argue with an appraiser's opinion
of value for a property. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH Short
Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Buying A Columbus Short Sale? Here's How To Know If Your
Offer Will Be Approved is provided as a courtesy to our viewers to help them
make informed decisions.
Columbus OH – It is fascinating to look at
something from another person's point of view. When you understand someone
else's mindset you increase your odds of a successful negotiation.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
So today, I'm going to discuss the mindset of lenders during a short sale. In
my opinion, lenders craft their short sale policies simply to avoid mistakes.
Here is an example of what they would think of a mistake. A short sale gets approved.
After closing, the lender finds out that the buyer "flipped" the
property for a profit.
The supervisor might chew out an employee. "That guy just made $20,000. We
don't pay you a good salary to make these kind of mistakes", they tell the
employee.
Each time something bad happens, they tighten up their policies.
Less and less short sales get approved.
(I know from past experience that most approved short sales reduce lender's
losses. Not every single one, but 80-90% do.)
One lender had a month long BPO review process. (A BPO is the Opinion of Value
that the lenders use to value the property.)
They should look at a BPO and say, "Ok, the BPO says the property is worth
X. That means we should approve or deny the short sale based on a value of
X."
Instead of doing that, they have entire departments that "review"
these BPOs for accuracy. In my opinion, they are not "reviewing"
them. They are only second guessing them.
The end result of a policy that takes a month to "review"
a BPO is that the short sale process drags out. Good buyers who
want to buy the house lose interest.
They cancel their contracts and buy another house. Most of the time, the house
is foreclosed upon and sells for even less money as a bank owned sale.
Lenders turn down short sales they should approve because one document is
missing. They are trying to avoid a potential "mistake." Sure, they
can avoid that mistake.
But, they risk making another, even bigger, "mistake" when the house
is foreclosed upon and sells for less money. As you can see, the short sale
process is complicated.
If you are researching a short sale, then make sure you hire an agent who
understands how it works. If your agent knows how lenders think, then you will
have a better chance of success. Thinking about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Columbus Short Sales From The Lender's Perspective is provided
as a courtesy to our viewers to help them make informed decisions.
Columbus OH – Many people are embarrassed to be
short selling their home. They think that a short sale is somehow dishonest or
shady. Nothing could be further from the truth.
Most of the homeowners selling their upside down home have never missed a
payment before and they paid their bills on time.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com
Then the real estate market crashed and they found themselves owing more on
their home than it was worth. For years everyone had told them that couldn't
happen.
Many also lost their job for the first time in their life. Many people in the
upper income brackets are short selling their homes. Personally, I think that a
short sale is a smart financial decision.
I'll congratulate you when you decide to short sell your home. Who wants to be
burdened with a huge debt for the rest of your life? Not me. And neither should
you.
Here is why a short sale is a smart financial
decision. Let's say that you are upside down on a house by
$100,000.
(Don't laugh if you owe less than that. Many people are upside down by that
amount and more.)
Repaying $100,000 over 30 years, will cost you $215,838. That is the $100,000
originally owed, along with $115,000 in interest payments.
What if instead of doing that, you put that money towards retirement? You could
earn 8% interest on that money. The monthly payments invested at 8% would turn
into $893,545 at the end of 30 years.
Would that be helpful in retirement? That is one
small reason why I recommend short sales to my customers. Thinking about a
short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important
Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Why You Shouldn't Be Embarrassed To Short Sale Your
Columbus Home is provided as a courtesy to our viewers to help them make
informed decisions.
Columbus OH – Many people have a hard time
believing that their lender would agree to allow them to short sale and
walk away from the upside down debt.
If you have ever gotten behind on payments, then you know how mean the debt
collectors can be. The constant barrage of threats, demands, and phone calls
usually proves to be too much for most people.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
As a result they give up. Debt collectors are mean. But, it is a tough job
(although I have no sympathy for them.) I know someone who used to work as a
debt collector.
He quit after a couple of weeks. It was just too harsh and depressing. They get
on the phone every day for 8 hours of abuse. Some of the people they call
scream at them.
Very few people are nice. It's probably very depressing because you hear about
other people's problems all day long. The debt collectors become cold and
callous as a result of the work.
As a result, they take their frustrations out on the people they call. If you
are trying to negotiate a loan modification or short sale, do not work with the
debt collection people.
They don't want you to modify your loan or keep your home. Why is that? Because
they are paid bonuses on the money they collect.
They don't receive a bonus if you short sale or modify your loan. The debt
collection people are an ugly, dull, almost useless tool. The lenders use them
in a half hearted attempt to get you to pay.
You see lenders don't want you to short sale or modify your loan. They just
want you to catch up your payments and start paying on time again. That way
they don't lose any money.
The debt collectors are the first line of offense. "Sic em", they say
to the debt collectors, hoping they can convince you to catch up your payments.
Fortunately, when we negotiate a short sale we talk to a different group of
people. These people work in a different department. They are not callous and
cold. They don't hate their job.
They are paid substantially better than the debt collection folks. For most it
is an actual career. These people have training. They approve and deny short
sales based on set criteria.
Their job is to process the short sale, not collect money. They know that most
people are selling their home because they can't afford the payments. So they
don't bring it up.
We do all the negotiations and discussions with them. That means when you start
the short sale process, you don't have to talk to the people at your lender
anymore.
We take over and handle everything for you. You can rest easy knowing that
someone else will be negotiating on your behalf with your lender. Thinking
about a short sale?
I can help you short sale your property and get back on your feet. Send me an
e-mail at robin.lemmons@kingthompson.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 614-741-2495.
Discover how other sellers successfully completed a short sale and request a
free consultation by clicking
here. http://columbusohshortsaleadvisors.com/
Thinking about a loan modification? Our Columbus loan modification kit has the
instructions you will need to get a loan modification approved with your bank.
Click
here to request a copy. http://columbusohshortsaleadvisors.com/
Thanks for reading this, Robin Lemmons.
Rick & Robin Lemmons is a Real Estate Team at Coldwell Banker King Thompson.
Phone: 614-741-2495
Email: robin.lemmons@kingthompson.com
A Zest For The Best
View My homes for sale at www.rickandrobin.com.
Columbus Loan Modification Help, Columbus Short
Sales, Columbus Short Sale Realtor. Columbus Short Sale Realtor. Columbus OH
Short Sales. Columbus Realtor. Columbus OH Short Sales. Columbus Realtor.
Copyright 2012 SFI Marketing Institute, LLC. All Rights Reserved.
Important Notice
Rick & Robin Lemmons, Coldwell Banker King Thompson, and the Stop Foreclosure
Institute are not affiliated in any way, shape, or form with the government.
Our services have not been reviewed or endorsed 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.
We do not recommend that you stop paying your mortgage, because this will cause
damage to your credit and could cause you to lose your home. 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 Robin's personal views and do not reflect the
views of Coldwell Banker King Thompson.
This information on Columbus short Sales: How Can You Convince My Bank To Erase
My Upside Down Debt When They Were So Mean To Me? is provided as a courtesy to
our viewers to help them make informed decisions.
