Columbus OH – I recently met a realtor who sells
properties in a beach town. “Short sales take 9-12 months. The banks are so
hard to deal with”, she said.
She mentioned short selling a customer’s property. The sellers were two doctors
that had to take a promissory note. The sale was for $900k, so the loss must
have been above average.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
In this case, her customer’s were ok with a promissory note. But, what if you
want to short sale and walk away from the upside down debt?
What can you to do short sell your home without a promissory note? Negotiating
short sales on more expensive homes is different than your average short sale.
The most common loan types that will give you a complete release are Fannie
Mae, Freddie Mac, FHA, and VA. Most of them won’t loan on a mortgage over
$417,000.
There are a few exceptions, but that is the general rule. If your mortgage
amount is more than $417,000, then your loan is probably owned by the bank you
originally got it from, or it has been securitized.
Many of these loan owners will not grant a release. You will have to use other
methods. First, you can tell them that you are broke. If that is true, then they
may let you off without much ado.
If you have assets, then you will need to use different tactics. You can hire
someone to do a “Loan Audit.” This is where they go thru your loan file and
search for any violations of lending laws.
Maybe they didn’t give you the proper federally required mortgage disclosures.
Maybe the mortgage broker or lending company wasn’t properly licensed. A loan
audit will often help your case.
But, it isn’t an “end all, be all”. I’ve seen people promote it as that.
Another thing you can do is hire a good attorney. You will want to deal with
someone who is a consumer advocate.
They will know how to use the law to negotiate from a position of power on your
short sale. In my opinion, the best way to is to hire a lawyer in this case on a
contingency.
Tell the lawyer, "I will pay you X when you get me what I want." Some
people think lawyers drag cases on just to earn more money. Using a payment
arrangement like this will help you avoid that.
However, the most important thing you can do is to hire an experienced short
sale agent. Ask them if they have negotiated any short sales where the lender
asked for a promissory note.
Then, ask them what they did to negotiate away the promissory note. The good
short sale agents will usually know a good attorney. They may have experience
dealing with your bank.
Bottom line: They are the person who can point you in the right direction so
you can short sale and walk away with a complete release from the debt.
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: The Bank Won’t Release Me From My
Upside Down Debt. What Can I Do? is provided as a courtesy to our viewers to
help them make informed decisions.
Columbus OH – The biggest reason anyone short
sells their house is to avoid foreclosure. They cannot afford the house anymore
and the bank has is threatening to foreclose.
If the short sale is not successful, then their lender will foreclose on the
house. We at the Stop Foreclosure Institute have successfully closed short
sales for several years.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
We’ve made it our business to know what we are doing. But, we see many agents
trying to help people that have no clue about short sales, or the short sale
process.
This gives short sales a bad name. Many agents
have been involved in short sales where the listing agent didn’t know what they
were doing.
Because of that the short sale wasn’t successful and that agent and their
customer wasted time. In the future they are going to think twice before
showing a short sale. This hurts other short sale sellers.
It really gets on my nerves that people who don’t know what they
are doing can ruin it for everyone else. If you are thinking
about short selling your home, make sure you hire a competent, experienced
short sale agent.
(A competent, experienced agent will be successful at 80-90% of all the short
sales they take on.)
Here are a few of the things that agent should avoid.
1. Submitting multiple offers to the short sale lender. Only the best offer should be submitted. A confused mind says
no. Most short sale negotiators have between 50 and 200 short sale files on
their desk.
To ask them to weigh the benefits of 3 short sale offers on just one of those
50 files is probably more than their brain can handle. No, I’m not saying their
brain is stupid.
It’s just that a human brain can only handle so much information before it
stops working. You must remember that most short sale negotiators are handling
50-100 different files at one time.
They can't possibly remember all the details in 50 different files!
2. Realtors submitting incomplete paperwork to the short sale
lender. There is a method to follow. Every good short sale
realtor understands stacking order, and the importance of easy to read
paperwork.
3. Submitting low offers to the lender. All this
does is waste time. If a lender is not likely to accept the offer, then don’t
waste 45-60 days negotiating it with them.
Get an offer at (or near) fair market value and submit that to the short sale
lender. That helps avoid wasting everyone’s time. 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 Could The Columbus Short Sale Realtor You Hire Kill Your
Chance To Avoid Foreclosure? is provided as a courtesy to our viewers to help
them make informed decisions.
Columbus OH – The Stop Foreclosure Institute
recently received a question from Kathy. “Why would I short sell
my house instead of saving the monthly payments and letting it go into
foreclosure?” Kathy asked.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
Here is our answer. If you stop paying your
mortgage, then you can live in your home rent free for 12-24 months, depending
on the state you are located within.
I have seen lenders wait a year after the first missed payment just to file for
foreclosure. Yes, you can live in your house for free for a long time. However,
a short sale has many advantages over a foreclosure.
It does less damage to your credit and allows you to buy another home in 3
years versus the 5-7 years after a foreclosure. In addition, you can get some
money as an incentive for doing the short sale.
If you want the benefits of both, then stay in your home until the foreclosure
case has been started. Then, start working with a short sale agent. A short sale
can take anywhere from 3 months to even 6-9 months to process.
This will allow you to salvage your credit and live "rent free" for
12-24 months. You will be able to wipe out all that upside down debt and move
on with your life.
Best of all, you will be eligible to buy another home in 2-3 years once you are
back on your feet. 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 Sale Question: Why Would I Short Sell My
Home Instead Of Saving The Monthly Payments & Letting It Go? is provided as
a courtesy to our viewers to help them make informed decisions.
Columbus OH – Many people short sale because
they are having financial problems and can't afford their home. Financial
problems also means that you get lots of calls from debt collectors.
Here is a scary story about a guy who was ripped off by a debt collector. The
debt collector asked if he could pay them $500. He wanted to do the right
thing. So he agreed to pay the $500.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The debt collector sent him a form to make the payment thru his checking
account. He filled out the form and signed off on it. The debt collector
proceeded to completely drain his bank account.
They sucked out $1,800. This caused major financial problems for this guy. He
couldn't afford gas to get to work. But, it was all completely legal because of
the fine print on the bottom of their form.
The moral of the story? Never give any of your financial
information to a debt collector or anyone. If you do send money
to a debt collector, then use a payment method that can't be tracked.
A money order is a good option. Money orders keep all of your bank account
information private. You can buy one with cash or a debit card. The debt
collector will never get your account information.
Never give any of your financial information to a debt collector. Do not send
them info on your checking account, savings account, IRA, 401k, or any other
financial account you have.
Many state and federal laws often give a debt collector permission to take
money out of your accounts, with or without your permission.
Unless you are a lawyer, you won't know if or when they can take
money. So you are simply better off never giving them your info.
The debt collection company that I mentioned above is based out of Colorado.
They tried to collect from another person I know.
They were very pushy. They only wanted his checking account info.
They wouldn't accept any other payment method. It appears they use that tactic
on everyone they call. I hope this helps you in your situation. 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 Sale Help: Don't Let Debt Collectors Rip You
Off is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Many people are embarrassed that
they are short selling their house. They feel like a failure. Others think that
they are somehow being dishonest or shady.
Neither one of those is true. A lot of the people short selling today never had
a blemish in their credit. They lived responsible financial lives.
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 left them owing hundreds of thousands
of dollars more than their home was worth. For years everyone had told them
that couldn't happen.
Many of those people also lost their job for the first time in their life. It's
interesting because today we are seeing as many short sales in the upper income
brackets as the lower income brackets.
I'm not judgmental of someone who is short selling their home. I deal with
people from all walks of life. Some are high income. Others bought less
expensive homes. Either way, it doesn't matter to me.
I see a short sale as a smart financial decision. I'll be congratulating you
instead of judging you.. 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. (If you upside down by an amount lower than $100,000, then don't
laugh. Many people are upside down by that amount and more.)
Repaying $100,000 over 30 years, will cost you $215,000. That is the $100,000
originally owed, along with $115,000 in interest payments. The number varies
according to your interest rate.
What if instead of repaying that money, you put that money towards retirement?
Let's say you took that monthly payment and invested it as an 8% Interest Rate.
At the end of 30 years you would have $804,545.01 saved up. Wouldn't that be
helpful in retirement?
That is one small reason I recommend short sales to my customers. You can get
the upside down debt forgiven in a short sale. 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 – Buying a short sale can be a great
idea. Most short sale properties are priced very competitively to other homes
on the market.
However, buying a short sale is not easy. The seller has to convince the lender
to accept a big loss on the mortgage. Banks do not like losses. Because of that
they double check everything before approving the sale.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
The biggest thing you need to be aware of is that there is no
guarantee that the seller's lender will approve the sale.
It has a very good chance of it being approved if the seller's agent is
competent and experienced with short sales. However, not all agents understand
short sales.
Here are the costly mistakes you want to avoid when buying a short sale.
Costly Mistake #1: Selling your house before the short sale is
approved. If the short sale is delayed or rejected by the lender
then your moving plans can be thrown into limbo.
Costly Mistake #2: Not ordering a thorough inspection before
purchasing. Most people short sale their home because of
financial problems.
This means that they have not had the money available to properly maintain
their home. Other homeowners have had to move out of their home for other
reasons such as a job transfer.
They tried to sell their home for what they owed, but no buyers were
interested. After being on the market for a while they finally realized they
were upside down and decided to short sell their home.
In the meantime their home was empty and wasn't maintained. This can cause a
lot of problems.
To avoid this problem make sure you hire the best inspector you can find. Make
sure they go thru the entire home looking for problems.
Costly Mistake #3: Using a realtor that is not experienced with
short sales. There are many other potential problems that can
arise when you are trying to buy a short sale.
If your agent does not understand the short sale process, then they will not
know what to do when a problem arises.
Even worse, they may not foresee a potential problem and help you deal with
before it turns into something worse. 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 and 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 and 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 Three Costly Mistakes Buyers Make when Buying A Columbus
Short Sale is provided as a courtesy to our viewers to help them make informed
decisions.
Columbus OH – Let's say a friend owes you a
thousand dollars. They come to you with a sob story about how they are broke
and cannot afford to repay you.
"I am so broke that we are about to lose our car. And the electricity was
turned off last month when we missed the payment. I can't even afford diapers
for our son", they tell you.
Click
here to discover how other sellers successfully did a short sale and avoided
foreclosure. http://columbusohshortsaleadvisors.com/
You tell them just to forget about the debt. Don't
worry about paying me back. I don't want to be a burden on your family",
you tell them.
A few days later you are scanning Facebook and see pictures of them on
vacation in Miami. You realize they had lied to you. It's obvious that they
weren't broke if they could afford a fancy vacation in Miami. How would you
feel?
I tell this story to make my point. Are you trying to convince your bank to
approve your short sale and allow you to walk away from your debt? Well, why
should they do that?
Lenders and debt collectors may look you up on Facebook. If they see you went
on a fancy vacation, then they may not forgive the debt.
They tell you, "It's obvious that you are doing well financially. I just
saw your Facebook profile and the pictures of you on vacation at the Ritz
Carlton in Miami. We aren't releasing you from the debt."
Not a fun ending, is it? If you are considering a short sale, then watch what
you post on Facebook, Twitter, etc. 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 and 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
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 Be Careful What You Post On Facebook When Trying To Short
Sell Your Columbus Home is provided as a courtesy to our viewers to help them make
informed decisions.
