MORTGAGE LENDER PHONE CALLS THAT REMIND ME I AM IN FORECLOSURE

inThe phone does not stop ringing. Isn't it funny how we know who is calling and why they are calling, so we avoid at all cost answering the phone. Has this happened to you? I know it has happened to me. The mortgage lender is calling because you are behind on your mortgage payments, and you are in default. The foreclosure process has started on your home. What an awful feeling that you will do almost anything to avoid. Thousands of homeowners have gone through this situation and thousands are currently going through this situation. What to do? Well I suggest that you take the bull by the horns and speak to your lender, or obtain the services of someone to help you and for that person to call your lender. To do nothing is not an option.

Lenders are tough and yes they want to be paid. I have noticed lately that many lenders are having their personal take a much more human approach when speaking to a distressed homeowner. They will offer modification counseling and mortgage counseling and they will try and help you out, but you as the homeowner need to meet them half way. That is difficult when there is not enough money coming in and you are so far behind on your house payments and other bills that it is impossible to catch up.
I just got off the phone with a short sale closer from a bank. She let me know that the "Approved Short Sale" that we had negotiated has some problems. Mainly there is not enough money on their approval to satisfy the investor. Now at this point you may ask why if the sale was approved, did they just come up with this information about being $12,600 short to pay the investor. I ask myself!
Well turns out that the first negotiator forgot to add in the pay off for the 2nd loan and forgot to add in relief money to the seller on a HAFA short sale and over paid some board of equalization tax liens for the borrower. What do we do now?
I will let you know what is happening on my next blogg if I figured it out by then.
In the mean time stay well and I can help or counsel please send me an email.

DivaGirlsshortsales@gmail.com

"Ask the Diva, She knows"