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A Word Of Warning About Loan Modification Letters

Published February 2, 2011 in Bank America Short Sales - 0 Comments

Sold By Short Sale

Thank you for joining me. I would like to share a story with you today. I met with a friend the other day who is late on their mortgage. He and his spouse came to our office and showed us all of the distinctive mail that they have been getting from different kinds of companies that are offering to help them out of their existing situation. Let me warn you right now. The great majority of those companies are scam artists. It is merely a group of people looking to benefit from other people’s problems.

When i looked at their circumstances, in reality the have a decent loan. Their interest rate was below 5%, but the problem is that they’re making significantly less than they were when they originally purchased the residence. I looked over a few of these mail and most of them offered to help with a loan mod for about $2000. This is a complete waste of time and funds.

My understanding is this. If you require help obtaining your loan modification, give me a call and I will help you do it. You can complete it on your own at no charge. I will show you what the bank is looking for and how to begin the procedure. But don’t give in to these third party businesses that ask for money and then perform the loan modification. That is what’s different about agents. We perform the job and after that get paid. We are counting on our knowledge to get your Wilmington, DE/Philadelphia residence sold and then we get rewarded. These companies are asking for cash up front.

Some specialists charge a small up front fee, but that is to deal with the immediate cost related with submitting a short sale.

I would like to talk to you about a loan modification with your Wilmington, DE/Philadelphia house. I was born and raised by Wilmington, DE/Philadelphia and I care about our community. If a loan mod is workable, I can show you how to do it. For more details on loan modification or a short sale of your Wilmington, DE/Philadelphia home, contact us now or sign up for our webinar. Please do not hesitate to call me. I’m here to help you deal with your Wilmington, DE/Philadelphia property.

Philadelphia Sold By Short Sale can answer your questions. We are Philadelphia and Wilmington Foreclosure Avoidance and Short Sale Specialists.

Get more help from Philadelphia short sale Realtor, Matt Fetick, at Sold By Short Sale presented by the Premier Short Sale Realtor in Philadelphia and Wilmington

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