Bellevue WA – Most homeowners negotiating a loan modification are not amazing negotiators. After all, it’s not every American’s job to be a great negotiator.
America is built on hard work and treating people fair. Most stores offer products at a good, fair price. The price is the price. If you don’t like it, then don’t buy it.
But, don’t kid yourself on loan modification negotiators. The lenders teach them how to negotiate. They train them to do everything they can to squeeze as much money out of you as possible.
The supervisors tell them, “If it means not modifying the customer’s loan, then go ahead and do what you need to do. Don’t modify their loan.” Here is a trick they use to avoid having to modify your loan.
They tell you that you have to catch up all or part of the back payments before they will approve the loan modification. It’s a trap.
Every single dime you pay them before starting negotiations is a dime lost. You can’t use that dime as part of your negotiations. They already have your money.
If you pay them all the back payments, they won’t be as motivated to modify your loan. That is why I recommend that you hold onto every single penny you can until you get a signed modification agreement.
That way if the modification isn’t approved you can use the money for something else. Maybe you could use it as a down payment on a rental. Either way, at least you have your options open.
We offer a loan modification guide to consumers. Here is what we cover in the Stop Foreclosure Institute's Loan Modification Insider Secrets Guide.
* An easy to understand, Step By Step Guidebook.
* How to write a Hardship Letter that gets your loan modification approved.
* Three big loan modification mistakes and how to avoid them.
* Loan Modification from the lenders point of view.
* How the Making Home Affordable Program can help you.
* What not to do so you don't risk being carted off to jail.
* How to calculate your budget properly to increase your chance of success.
To request this kit, please click here to request a copy.
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Thanks for reading this, Jirius Isaac.
Jirius is a Real Estate Broker( no agents) at C21 Real Estate Center. Bellevue Short Sales Realtor:
Phone: 206-841-9976. email@example.com.
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Jirius Isaac specializes in loan modification assistance and short sales in Bellevue Washington. Bellevue Loan Modification Help, Bellevue Short Sales. Bellevue Short Sale Realtor Short Sale Realtor. Bellevue WA Short Sales. Bellevue Realtor.
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