34 views
Kymn Hargrave
- 2 Answers
Locations:
Profile Link:
Kymn Hargrave answered:
Hi Tricia,
Find out who holds the mortgage on the property. Contact the mortgage holder. Ask to speak to someone in ‘Loss Mitigation” and explain your circumstances. Have a copy of your lease and any notices that you have received indicating that the mortgage is in default. Have handy a copy of your rental history as well. Receipts,
canceled checks, etc. Be prepared to submit a copy of your lease to the bank as well as an offer to remain in the property at a reduced rate for a specific period of time.
If this is a property you would like to purchase, contact a REALTOR® who has experience with “Short Sales”. You may be able to purchase the property at a substantial discount directly from the bank.
I know that there is no comfort knowing that this is occurring across the Country. When it happens to you, this problem take on another dimension.
I am certain your landlord did not intend for this to happen.
Find out who holds the mortgage on the property. Contact the mortgage holder. Ask to speak to someone in ‘Loss Mitigation” and explain your circumstances. Have a copy of your lease and any notices that you have received indicating that the mortgage is in default. Have handy a copy of your rental history as well. Receipts,
canceled checks, etc. Be prepared to submit a copy of your lease to the bank as well as an offer to remain in the property at a reduced rate for a specific period of time.
If this is a property you would like to purchase, contact a REALTOR® who has experience with “Short Sales”. You may be able to purchase the property at a substantial discount directly from the bank.
I know that there is no comfort knowing that this is occurring across the Country. When it happens to you, this problem take on another dimension.
I am certain your landlord did not intend for this to happen.
|
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.
|
|
|
Founding members are a small number of participants who submitted content at launch of Trulia Voices to kick off community discussions.
|
|
|
Your question:
Max. 200 characters
Name:
Email:
|
|
Share profile
Contact Kymn Hargrave
Kymn Hargrave is a member of Trulia Voices:
Get the inside scoop on your area and home buying and selling.
Ask and answer questions about real estate.
Build your profile and contact home buyers, sellers and agents.
Report this profile
Become a Trulia Voices VIP!
Here’s how:
-
Contribute Often
It only takes 5 contributions per week to become a VIP! -
Strive for Quality
An answer earns you 4 points, but a Best Answer earns you 20 more. You know what to do! -
Share your Content
Blog views and comments earn you points as well. Find out how to make your posts popular on Trulia and take action!
Learn more about the Trulia Voices VIP Program.
|
|
|
|
|||||||||||
|
|
|
|
|
|
Copyright © 2009
Trulia, Inc. All rights reserved. |
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
Help us improve our service—send us feedback