WeCallYourBank.com

It’s common that sellers get calls at work, at home, or simply too many calls. They can’t handle the stress of the calls, they don’t want to take these calls every day at work, the constant calling and collections is too much for them. Homeowners feel stuck. We talk to these banks every day, we recommend that you simply get us an authorization to release info, tell us you want to explore a short sale, and simply forward the bank calls to us, and let us take over your bank headache from here, we are here to help and the bank pays us anyways, so why put up with it another day.

Many homeoweners are curious about how the Minnesota foreclosure timeline works. They want to know what a notice of default is. How long before the sheriff sale, they want to know what a redemption period is and how long. They want to know how everything works. If they explore a loan mod, they would also like to know how that process works and what they can expect on that. From what we hear you can run into a lot of unanswered calls, paperwork and a very long time of trying. We are here to help, so if you get tired of trying to make the loan modification route work, please give us a call.

We completely understand everyone is trying to scramble to save money in this economy.  Money is tight for people, unemployment is high, many expenses are rising, debt has increased.  Everyone is spending time trying to save 3 cents off gas, or 25 cents off a food item, when all along the two biggest coupons are simple selling on a short sale. We are going to help knock
well over 10% of entire loan off the original amount so that we can help you sell. In some cases it  could be much higher. In addition the IRS has a law that ends in 2012, and they are giving the coupon of a lifetime allowing some people to get a tax benefit and avoid a 1099 if they sell for less than they owe.
Certain situations apply please call your CPA, and also call us for more info.

1 of the coupons expires before 2012, so please hurry.

I often wonder why people don’t cut their losses on their house when it just becomes over financed and no longer a good deal for them. Their are so many services including cell phone bills, or cable bills, as soon as the expense gets to be $10/month too much people make an educated financial decision and cancel their contract, knowing this was the right decision.

Why then do homeowners decide to renew their contract with their bank with a loan modification?  What about the loan process the first time kept them satisfied enough to want to renew the contract with their bank. Now is a time to cancel before you try the loan modification and sell on a short sale, move on.

We are hearing quite often these days about homeowners that purchased option ARMs or Alt-A financing.  They are ending up as part of a wave of ARM loans that are adjusting. The sellers know they won’t be able to make the new adjustable rate payment.  They are often scrambling to try to call the bank and figure out some options.  Other sellers are doing what’s now becoming popular and known as a strategic default.  This is where the seller decides it’s in their best interest to start the short sale  even when they aren’t yet behind on payments. Please give us a call and see what’s best for your situation. If your payment is too much or will be, please give us a call.

We hear the stories from homeowners and those in the loan mod business, it’s not easy.  Many loan mods simple don’t get approved, it’s a lot of work for nothing.  Many loan mods end up defaulting again or end up with a higher payment.  Loan mods almost never do principle reduction, so how are they
really benefiting home owners? We prefer you sell on a short sale.
Please give us a call if choose you want to do a short sale, or more info.

Most people’s homes are simply over leveraged, and they will be for a very long time. Because of this many homeowners often find it difficult to make future financial decisions as they feel they have their hands tied with an ARM or too high of a mortgage payment.  It’s also stopped them from moving on with their lives and selling their house.  Your house at this point is just an anchor holding you back in life.   If you would like to move on, and sell please call us.

Does a certain loan have you feeling alone?
There is no need to feel that way, we are here to offer you help.
We have heard of almost every scenario when it comes to homeowners financial situations, so please feel open and comfortable sharing your personal story.  We’ll help determine what’s best for you based on your situation and we can discuss the benefits that a short sale may have for you and your housing situation.

What are you giving up, all for
a low interest rate?

3rd party loan mod negotiators want $3500 upfront, your private info,
months of your time, you to be stuck with an over-financed house, may be ok with you possibly paying a huge IRS 1099 tax bill, if you wait and sell after 2012 while owing too much.

All for a temporary low interest rate, is it worth it?

If you haven’t seen our latest headlines of why you should sell by 2012, please see the below info. The Mortgage Forgiveness Debt Relief Act and Debt Cancellation currently is set to end in 2012. The IRS is looking to help homeowners who sell for a loss from what they owe. Instead of getting a 1099 and taxed the difference they created this law. This law is currently set to end in 2012. Please consult your CPA and review it for your own situation. We believe strongly this is a very good reason to sell on a short sale vs. holding onto the property for a loan modification. Please give us a call and let us discuss this with you, it’s very likely that your bank won’t tell you about it.