What Do I Do if the Bank Does a BPO before I Have an Offer
Author: admin / Category: Foreclosure Strategy and Education
WOW! We’re halfway through September
already. Get those buyers who need the
$8,000 tax credit CLOSED!
What do you do with banks that are doing
pre-BPOs — BEFORE YOU GET AN
OFFER?!
First of all, it is happening more and more
often. So, make sure you know what to do
about it.
The strategy is different when you know it
is happening, as opposed to when you
don’t. With B. of A., (Bank of America) you
will usually not know.
I also have several “shout outs” this week.
Aaron “The Hammer” Tilbury - Find out
what the hammer did this week that blew
all of our socks off.
Joel Robinson - Now holds the record for
the longest-negotiated short sale in
Alliance Short Sale history. Unfortunately,
there is no one else vying for that position.
Sorry bro.
Todd Sullivan - had his own “One-Hit
Wonder” last week.
Click this link to watch.
http://www.youtube.com/user/AllianceShortSales#play/all/uploads-all/0/FiJqSNUPBgc
I hope you all kill it this week.
Be Well,
Matt Side
P.S. - I uploaded the August conference
call with Aaron Tilbury. It is an info-packed
call to keep your buyers from falling out at
closing because of their financing. Aaron
shares, from his lending expertise, some
tricks you can use — short sale or not.
Check it out at
WWW.AllianceInsiderNetwork.com.
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AAMES
ABN Amro Mtg, AHSI
ASC, Americas servicing company, Aurora
Bank of America
Bank United
Calwell Banker
Carrington Mortgage Service, CENLAR
Chase Home Mortgage, CITI Financial
CITI Group
CITI Mortgage, CITI Residential Lending
Countrywide
Downey Savings
E Trade
EMC
Everhome
FASLO
Fireside Bank
First Franklin
First Horizon, Metlife
Flagstar
Franklin Credit Management Corporation, Freemont Invest & Loan
GMAC
Greenpoint
Greentree
HFC, Beneficial
Homecomings
HOMEQ
Homestreet Bank, HSBC Mortgage Corporation, HSBC Mortgage Service, Indymac Bank
Interbank
Irwin
Litton Loan Servicing
M & I Bank
Mountain West Bank
M & T Bank, Mortgage Lenders Network
Navy Federal Credit Union, NFCU, Nationpoint
Nationstar Mortgage, National City Mortgage, New Century
Novastar
OCWEN
Option One
Regions Bank
Resurgent
Riverside National Bank, Saxon Mortgage, Secretary of HUD, Housing and Urban Development
SLS, specialized loan servicing
Sovereign Bank
SPS, Specialized Portfolio Servicing
Spokane Teachers Credit Union, STCU
Suntrust
TB&W Bank
TCF Bank
United Mortgage & Loan
USAA
US Bank
Wachovia
WAMU
WA Trust
Wells Fargo
Wilshire
Yale Mortgage
Duration : 0:10:20
I hope you had a wonderful Labor Day.
Summers over!!!! It went so fast this year. Brooklyn started school today and Ethan starts tomorrow. Here in Spokane it has been awfully hot to feel like summer is over but it is funny how when the kids go back to school and the mornings are dark now when I get up, mentally I start moving toward Fall.
If you are facing foreclosure, this briefing will outline the seven options you should consider. Short Sales are also covered.
My mentor told me once, “Whatever you do, don’t self screw.” Funny use of words but he made an impression. I am always evaluating my actions and decisions to determine if I am about to self screw.
Happy Monday,
We got my sister married off this weekend.
Loan Modification expert and CEO of LoanMod.com, Moose Scheib discusses the current foreclosure crisis and the role loan modifications have in stabilizing the housing market on The Neil Cavuto Show on January 7, 2009.
Foreclosures are running rampant among Miami Dade county Florida homeowners. In order for a homeowner to stop foreclosure in most cases is to do what is called a short sale. Short sales allow homeowners to sell their house fast to avoid foreclosure if they don’t have enough equity to pay off the mortgage and other fees they may incur. Sellers that want to short sale their Miami - Dade county house can go to http://www.buyersofcharlotte.com/stopforeclosure/miamidadefl.htm or call 888-219-8619.
http://www.SaveMeFromForeclosure.com is the nations leading foreclosure prevention expert. If you are a homeowner in default we can help you stop foreclosure and avoid foreclosure on your mortgage and your home and house. You Have Options & We Can Help is our slogan, and you can get free foreclosure help. We can help you stop foreclosure and save or keep your home, or we can help you avoid foreclosure and sell your home fast.