Archive for July, 2010
Best Home Mortgage Loan Rates Tampa FLorida
July 28th, 2010 | 
Author:
http://www.DiversifiedMTG.net
we provide the best home mortgage and loan rates for buyers and your home refinance needs.
Duration : 0:0:47
Posted in best mortgage | 
Tags: best mortgage loan rates, FHA, Home Loan, home loans, mortgage rates, mortgages, va loans | 
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Loan Modification, Home Loan Modification, Mortgage Loan Modification, Mortgage Modification
http://realestatemarketingthisweek.com/loan-modification/home-owner-negotiated-loan-modifications-may-have-too-many-pitfalls/ – Home Owner Negotiated Loan Modifications may have too many pitfalls –
Part 4 – Yes, I think that makes perfect sense, the only analogy that I can come up with is I could probably figure out how to change the oil in my car, but its not my expertise. Im certainly not going to take the time away from what I have expertise in in order to figure out how to do that, Im going to have a professional do that, and it is the same idea with when someone is considering a loan modification.
You can probably call up that loss mitigation department of that lending institution versus going through the legal department and try to work through that scenario. But you dont know what you dont know, and if you take that approach and make that attempt it could cost you money, it could cost you a higher interest rate, it could cost you something that you are not even aware of. That’s where your team and the loan modification professionals and this attorney network that you exclusively work with come into play.
Again you talk about choosing to not change your own oil, of course you could figure it out, you wouldn’t operate on yourself, if you got yourself into some legal trouble and you were an attorney you wouldn’t represent yourself. Even though you may know what to do and how to do it, you are just not going to do it because you need an unbiased, 3rd party that is truly going to fight for your rights.
And who has expertise in this particular area, specifically focused on working on the mortgage holders, the consumers best possible outcome. That’s right and that is a great point, we have example after example of people who have tried to do the loan modification on their own and most of the time what we see is a situation that is best for the bank, a temporary fix, well people don’t need a temporary fix.
Temporary being the key word there, well make it better for one year, three years, five years, whatever it is, but we will tack it onto the life of the loan. One of our strategic partners was just sharing a story on the break about someone he knows personally that did this, they did this themselves without the benefit of an attorney and the end result was a temporary, short term fix today, all of the back interest, costs etc. were tacked on to the other side of the loan, of this mortgage. That is not what you are after, with a loan modification.
And when you think about it a temporary fix is what put most of these people in the situation to begin with it, were a temporary fix. Remember the billboards that said if your mortgage payment is only $500 a month you are payment too much, call us for a 1% interest rate. Give me a break, people fell for it, everybody fell for it, it was a disaster. You don’t need a temporary fix you need a real fix.
A real fix that is going to meet your needs as a consumer, that is going to meet the needs of your family so you can stay within the home and that’s going to meet the needs of your cash flow monthly, to get a reduced payment, whatever it is going to be for you and your family, that is the whole idea behind modifying your existing loan.
Another important item we hammer down on so many of these issues, a loan modification is not for somebody who doesn’t care. This is if you care and it appears that you will be faced with foreclosure, if you are late on your mortgage, if it is getting ready to go up, any number of genuine true hardships financially that happen to you. Your main goal has to be that you want to stay in your house, keep your family in that house, you need to call, we are here to help, we are not salesmen.
If you are able to find another solution, you know what we are happy for you, the more people in my opinion that are affiliates of my firm that are out there to help us through this process the better off we all are, the sooner we get through this loan modification, these toxic mortgages, the sooner all things economic will recover. The housing market is the basis for this economic crisis and everybody knows that.
There is no question and a number of experts that have weighed in and who have credibility that I receive advice from in terms of helping my own clients, they talk about the stock market in terms of when does it improve and when do stocks get a foothold and go forward and the economy starts to rise and recession come to an end and all those things… http://realestatemarketingthisweek.com
Duration : 0:6:24
Posted in home mortgage |
Tags: Attorney, Avoid, bailout, bank, bankruptcy, estate, Expert, federal, financing, foreclosure, fraud, hardship, home, home mortgage modification, Home-Loan-Modification, Insolvency, Law, laws, lender, letter, loan, loan modification, loss, Mitigation, modification, mortgage, Mortgage Modification, Mortgage-Loan-Modification, Negotiate, negotiation, package, prevention, Process, program, real, requirements, sale, scam, Servicing, short, tax |
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Homes lost, families desperate as mortgage rates skyrocket in US
Tens of thousands of people traveled to Washington, DC to take part in the Save the Dream Program, sponsored by the Neighborhood Assistance Corporation of America, or NACA. NACA helps people facing foreclosure to get a lower rate on their mortgage or a lower interest rate. Some people traveled from across the country, calling this their last hope to save their home.
Duration : 0:4:43
Subprime woes: Who is to blame?
May 8 – Dozens of sub-prime mortgage companies have gone bankrupt and countless homeowners face the threat of losing their homes due to sky-high mortgage payments.Reuters Reporter Conway G. Gittens takes a look at the factor’s behind the popularity and subsequent demonization of the sub-prime home loan, which caters to risky borrowers.
Duration : 0:2:44
Financing Funding Real Estate Investors Cheap Wholesale Property Bellingham, Blaine & Whatcom County
http://www.WhatcomInvestmentProperty.com has access to the best wholesale investment property bargains throughout Whatcom & Skagit County. If youre a real estate investor looking to buy the best property deals, then look no further, as we are also real estate investors serious about getting you the best wholesale discount properties.
If you need funding or financing to buy homes, houses, property, land or apartment buildings at wholesale prices, then you need to go to http://www.WhatcomInvestmentProperty.com and join the VIP notification buyers list. In addition to getting priority VIP email notification of every single wholesale discount bargain property we have for sale in Blaine, Bellingham, Ferndale, Lynden, Burlington & Mount Vernon, you will also get free access to a series of 20 videos about investing in real estate in Whatcom & Skagit County.
http://www.WhatcomInvestmentProperty.com we always have great deals for real estate investors who are looking for cheap, wholesale, handyman specials, fixers, junkers, fixer uppers and other cheap wholesale real estate investment property. We can also help you with funding and financing for real estate investors looking to buy investment properties in Whatcom & Skagit Counties in Washington
Join http://www.WhatcomInvestmentProperty.com and get priority email notification for ever deal that we find in Blaine, Bellingham, Ferndale, Lynden, Burlington & Mount Vernon and the rest of Whatcom & Skagit County in WA. You will also get free access to our Special Report titled How To Buy Investment Property The RIGHT Way and learn more about how you can get funding and financing for your deals.
Duration : 0:2:8
Posted in wholesale mortgage |
Tags: Bargain, Bellingham, Bellingham home, Bellingham homes, Blaine, Burlington, buy, cheap, condo, county, deal, Discount, Ferndale, financing, fixer, fixer upper, foreclosure, Funding, handyman, handyman special, home, homes, house, invest, investment property, investors loan, junker, loans, Lynden, mortgage, Mount Vernon, pre-foreclosure, preforeclosure, property, real estate, real estate investing, real estate investor, Skagit, townhouse, vacant, WA, Washington, Whatcom, wholesale |
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FM Original Commercial
Original Franklin Mortgage Commercial, conceived, written, filmed and edited by Scott O’Riorden of Scott O Productions.com
Duration : 0:0:32
First Time Home Buying Tip: How Many Mortgage Loans Do I Apply For?
NE Title of Tewksbury, MA discusses how many loans you should apply for. http://www.netitle.net
Duration : 0:1:7
Hale Walker of First Preferred Mortgage Company on WDIV Detroit
Senior Vice President of First Preferred Mortgage Company Hale Walker was featured on WDIV Detroit on November 6, 2009. Hale discussed the first time homebuyer tax credit extension as well as an additional tax credit available to qualified repeat homebuyers. For more information about First Preferred Mortgage, visit www.firstpreferred.com
Duration : 0:3:12
Fraud By Mortgage Companies Key Cause of Foreclosures
Fraud By Mortgage Companies Key Cause of Foreclosures
Call 818-642-8524 for help.Figuring out just how much junk major banks have on the books was a goal of the federal governments just released stress test for the 19 major banks receiving federal bail-out dollars. Theres still no clear answer, but we continue to see more evidence that a high percentage of sub-prime mortgages were steeped in fraud and have a high probability of failure.
The American News Project just released the video above which reports fraud carried out by employees of major sub-prime lenders, like Ameriquest, was a key factor in the mortgage meltdown. Consumer Warning Network first reported our findings on this very issue more than a year ago, and is cited in the ANP report. ANP reporter Lagan Sebert talks with a former Ameriquest employee who says her company promoted a system rife with fraud as a way to make profits faster.
Duration : 0:6:53
Mr. Mortgage Inc – Northfield, NJ
Mr. Mortgage Inc 888-364-8180 http://www.yellowbook.com/profile/mr-mortgage-inc_1848061692.html
Duration : 0:0:36
Posted in NJ Mortgage |
Tags: construction-loans, financing, Inc;, loans, mortgage, Mr, Reverse, reverse mortgages |
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