Agent2Agent in Atascadero>Question Details

Cami Rickard, Real Estate Pro in Atascadero, CA

Are any agents still helping their clients get loan modifications? We are seeing that banks are not willing to agree to the mod. What have you seen???

Asked by Cami Rickard, Atascadero, CA Tue Oct 25, 2011

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The last I heard, Obama's Loan Modification Programs yielded 3% success rate: That is deplorable!
We hear a lot of talk, but the Banks are not interested in giving away PRINCIPLE.
They would rather have you go through Foreclosure.
I have tried to help Clients get a Mod; without success. Maybe it's me?

But you don't need a Realtor or one of those Companies that say that they can do it for you, but just take your money and leave you cold.

Contact your Lender and ask for the LOSS MITIGATION DEPARTMENT.

Good luck and may God bless
0 votes Thank Flag Link Tue Oct 25, 2011
Thank you all for your responses.
1 vote Thank Flag Link Tue Nov 1, 2011
You need to do the dance to position your home owner for the end game. The proper outcome demands the correct start, even if its window dressing.

I read in this mornings paper that many banks (beast of America, Citi, Wells Fargo) no longer want customers to deposit money. The banks have TOO MUCH MONEY. They state, there is no intention to grant more loans so they don't need the cash!

We are all being played....and the turnips in DC are continuing to aid and collude with the crooks.
1 vote Thank Flag Link Wed Oct 26, 2011
My clients that have had success in getting loan modifications have told me that when they first asked for help, the response was NO. I suggested that they get an attorney to write them a letter and after doing so the answer was YES.

If you have any additional questions, please feel free to contact me directly at 805-471-0828 or email me at - David Norwood - Central Coast Real Estate
Web Reference:
1 vote Thank Flag Link Tue Oct 25, 2011
Contact Lon Larson at 619 977-6975.
1 vote Thank Flag Link Tue Oct 25, 2011
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