Columbus OH – If you have negotiated a short sale or loan modification,
then you have probably heard the lost paperwork excuse. “Oh, we lost
your paperwork. Please refax it to this number”, then lender’s
representative tells you.
I have heard this excuse countless times. No one can lose paperwork that
much. I am now convinced that it is a lie. But, why would a lender
blatantly lie like that?
In my opinion, they do that to make up for their failings. See, most
loan modification and short sale departments are stretched to the max.
The employees are overworked and underpaid. Everyone just gets into the
mindset of not caring. They have to deal with angry people every day.
The people are understandably angry and they want some answers. But,
because nothing is getting done, the employees feel bad. But, rather
than tell the customer what is really happening, they make something up.
No one wants to tell someone that nothing has happened on the file in
several months. It will make that person even angrier. It could even
start lawsuits against the lender.
It is much easier to tell them that their paperwork got lost somehow. It
they tell them that, they will think it is a legitimate excuse and
refax the paperwork.
Problem solved for the lender. But, doesn’t that cause more problems for the borrower?
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.
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.
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 Do Lenders Always Lose Your Paperwork On A
Columbus Short Sale? is provided as a courtesy to our viewers to help
them make informed decisions.
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