Get my Free, Step By Step Loan Modification Guide by clicking here.

Here was our answer to Aaron’s Question. I think you can short sale. In our experience short sale negotiators do not spend hours going thru every single document in a short sale file.

Most negotiators have 100-200 short sale files on their desk at any given time. One manager in a short sale department said that a negotiator spends less than 2-3 hours on a short sale file.

In our opinion, I think they glance at the hardship letter, if they even read it at all. Their job is to simply make sure the home isn’t being sold to cheap.

Here is one other reason we think that you can short sale. We have heard stories of wealthy people short selling their investment properties.

These people have lots of disposable income, but their lenders are still approving their short sales. Your lender may not work with you until you have missed a payment or two.

Try the short sale before you miss a payment. Whether or not you go late is up to you. If you do decide to short sale, contact us and we will put you in touch with an experienced short sale agent in your area.

Thinking about a loan modification?Our Roseville loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at admin@go2century.com to request a Free Copy. Or, click here to request a copy.

Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Short Sale Q & A: Can This Seller Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – Lenders reject loan modifications only to lose more money when they sell the home after foreclosure. Here is how to prove the loss to them.

Get my Free, Step By Step Loan Modification Guide by clicking here.

When you request your free loan modification guide, you will have the option of also receiving a property valuation. This is called a BPO (short for Broker’s Price Opinion), and it is a real estate agent’s opinion of the value of a property.

Lenders use BPOs to determine a property’s value for short sale processing. Find out what you can pay the lender as a monthly payment. Then, find out the mortgage amount that equals that payment.

For example, $1,200 a month will pay off a $211,346 mortgage over 30 years. $2,000 will pay off a $352,243 mortgage. $3,500 will pay off a $616,426 mortgage. $600 will pay off a $105,673 mortgage.

The lender should approve your loan mod if the payment you propose will pay off a mortgage amount that is more than the property value.

It is in their best interest because it will reduce their losses. In fact, lenders usually only net around 80-85% of a property’s value after foreclosure.

This is why lenders were only willing to lend up to 85% of a property’s value historically. So use this to your advantage. Keep reminding the loan modification negotiator of these facts.

And hold the negotiator accountable if they reject your loan mod and los even more money as a result. Thinking about a loan modification?

Our Roseville loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at admin@go2century.com to request a Free Copy. Or, click here to request a copy.

Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Show Your Lender Home Much They Will Lose Rejecting Your Roseville Loan Mod is provided as a courtesy to our viewers to help them make informed decisions.

Lincoln CA – The average American knows very little about what is happening with loan modifications. They think the banks are doing a great job helping people stay in their homes.

Get my Free, Step By Step Loan Modification Guide by clicking here.

Little does the average American know that the banks are flubbing it. In my opinion, the biggest mistake that banks are making is rejecting profitable loan modifications.

They would net more money on a loan modification than foreclosure. However, because the loan modification process is so tough they are foreclosing instead.

Most Americans would agree that it is important to help homeowners stay in the home. They agree even more when they learn how it would help the bank’s bottom line and the general economy.

Keep this in mind if your lender rejects you loan modification and forecloses on your home. Most Americans would disagree with that when it causes a homeowner to lose their home and the bank to lose more money.

The banks can claim that they “followed all the guidelines.” They think that is their “get out of jail free” card.

However, it is hard to explain that when they lose $60,000 as a result of “following all the guidelines.” Anyone would agree that guidelines can be stretched when $60,000 is on the line.

The average American will be more appalled when they realize the damage this is causing to general housing market and the economy.

So let’s educate the public on this. Let them know what is happening. Then the loan modification process will become easier and more people will be able to keep their homes.

Thinking about a loan modification? Our Roseville loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at admin@go2century.com to request a Free Copy. Or, click here to request a copy.

Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Lincoln California. Lincoln Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Loan Mod Help: How Can We Get The Banks To Make The Loan Mod Process Easier? is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – The Stop Foreclosure Institute recently received a question from Steve. Here is his question.

“We are doing a short sale with one of the largest nationwide banks. I told them I wouldn’t do the short sale unless they specifically changed their short sale approval letter to completely release me from the deficiency.

The short sale negotiate told me that Fannie Mae would not allow them to release the deficiency. I read somewhere that Fannie Mae doesn’t pursue a homeowner after a short sale. I don’t know who to believe. What do you think? Steve.”

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Here is the answer to Steve’s Question. Steve, in my opinion, you are being lied to by the people at the bank.

Fannie Mae and Freddie Mac do not pursue deficiencies unless the property is a short sale, or they determine that the owners are strategically defaulting. They just write off the loss and move on.

I don’t know how they determine if you are “strategically defaulting.” Unless you are one of those two, then the people at the bank are not telling you the truth.

In fact, we recently sold a Fannie Mae short sale and the short sale approval letter gave the seller a complete release.

In another situation, there is a large nationwide lender that has short sale approval letter that do not offer anyone a release.

This lender has written their approval letters so that is leaves the collection rights with the loan owner after the short sale. The way the loan owner can pursue if they decide to do so.

This lender is infamous for not changing the clause of their approval letter. We had a short sale with them. The loan was a Freddie Mac Loan.

We were able to convince them to change the approval letter because we all knew the investor wouldn’t pursue the home seller for a deficiency. So, go back and tell the lender about your newfound knowledge.

If they still won’t budge, then threaten to contact Fannie Mae direct. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Short Sales: Does Fannie Mae Pursue Deficiencies? is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – We received a lot of feedback from yesterday’s post.

One agent said, “You obviously don’t know what you are talking about. Bank X won’t give us a response on the file and we have been waiting 5 months for an answer.

How dare you suggest that I am incompetent because they haven’t replied?” (The bank was a large national bank whose name I changed for this post.)

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

First off, we are not saying that all agents are incompetent. However, we do see some agents with no experience with short sales attempting to sell them.

Here is the issue. Banks do have responsibilities. In 80% of cases, the bank we negotiate with does not own the loan. That means they don’t take any of the loss from short sales that aren’t handled properly.

In order to reduce losses, the people that do own the loans have laid out specific guidelines. Those guidelines state exactly how the bank should process the short sale.

In addition, they give deadlines for how long it takes to process the file. For example, VA gives 45 days for a bank to process and approve or deny a short sale.

If the bank doesn’t meet that requirement, then they can be fined by VA or lose their Mortgage Servicing Rights. By the way, those rights are worth $1,000 to $5,000 per loan they handle.

We hold banks accountable on short sales. It is their job to handle the short sales quickly and competently.

If they don’t do their job, then we let the people that own the loan know about it. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Short Sales: Can banks get in trouble for taking too long to process a short sale file? is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – The short sale process can vary, but it will generally work as follows:

1) The lender is contacted to discuss the possibility of a short sale and to determine the lender’s process for completing the sale.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

2) The seller issues a letter authorizing the release of personal information about the loan and the property to the buyer or escrow agency.

3) The lender will review a settlement statement, which will indicate the proposed selling price, remaining loan balances and itemize all expenses, including real estate commissions and other fees and expenses associated with the closing.

4) The seller will complete a “hardship letter,” which will detail and explain all financial difficulties. Lenders will usually want to validate the seller’s financial situation by looking at bank statements, investment accounts, along with examining paystubs and other financial records.

5) The lender will then look to the broker to provide a price opinion by examining the condition of the house and the market value of comparable properties.

6) The lender will then want to scrutinize the purchase agreement to determine if all amounts are reasonable and the real estate commission is acceptable.

To get the lenders approval, first of all write a letter to him about your hardships, backing it up with substantial proof of your financial situation. The next step would be to place the offer.

It would help your case if you get your real estate agent to convince the lender that the price of the property has not been ridiculously lowered.

The last step would be to have detailed pictures and a map of the house, showing details of any repair work if required to be done.

Once the lender approves, the deal is ready to be closed. The buyer can then make out payment to your real estate agent, lawyer or short sale expert who helped negotiate the short sale.

The remainder of the funds is then diverted to paying off your mortgage. In case you are a buyer and are interested in buying a short sale property then you might get enticed at the low prices for a property in a high priced neighborhood.

However, it is better to take caution and not jump at the opportunity. First of all it would be advisable to suggest to your real estate agent to make enquiries with the listing agent and ensure that the property is a short sale one.

Before taking the leap hire an agent who has experience in short sale. Next, it is essential that your agent find out how much the seller owes the lender, who is in the title and whether a foreclosure notice has been filed.

Although the seller might have approved your offer, no deal can be made until the lender has approved.

Have a copy of your earnest money deposit sent to the lender and additionally the lender also might want to know if you are pre-approved and have your own loan available.

Most likely the lender will directly negotiate the commission with your listing broker since he is losing money. The deal will be finalized at this point. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

 

 

This information on Roseville Short Sales: The Short Sale Process from beginning to end is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – If you are looking to short sale your home, then I have some good news for you. Thanks to a new government program, HAFA, you can get paid to participate in a short sale.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

If your loan qualifies for the HAFA program, then you may be eligible for a number of financial incentives. You can get up to $3,000 to help with moving costs.

Even better is the stipulation that you will be completely released from the first mortgage debt. No deficiency and no promissory note. Now you don’t have to worry about paying all that money back.

Here are a few other advantages HAFA has over a normal short sale.

1. The lender must process the short sale within 30 days.

2. Lenders are no longer required to check your financial information and confirm that your debt to income ratio is higher than 31%.

3. The short sale can often be pre-approved when it is put on the market. This is good news because it makes your home more attractive to home buyers.

As an incentive to help lenders process HAFA short sales, your lender can get a check for up to $1,500 for helping you. Contact me to see if you qualify for a HAFA short sale.

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 916-402-4697

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services.

Phone: 916-402-4697. admin@go2century.com.

View My homes for sale at .

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not associated or affiliated in any way, shape, or form with the government. Our services have not been reviewed, endorsed, or approved by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

If you stop paying your mortgage, then you could lose your home and damage your credit. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Short Sales: Yes, you can get a $3,000 check for short selling your home is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – It always amazes me how some people will do anything to have perfect credit. They would rather go hungry than risk harming their prefect credit rating.

A good example is a guy I will call Seth. Seth has perfect credit. He has worked to keep perfect credit for the last 12 years.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Seth has a several credit cards with high balances. He ran the balances up when the economy was strong.

Today, he can barely afford to make the minimum monthly payments. However, Seth was recently turned for a car loan, despite his perfect credit. Why did that happen?

I thought that perfect credit guaranteed that you could get a loan! Well, it turns out that Seth has too much debt.

Most banks won’t lender to someone with a high Debt to Income Ratio (DTI.)They calculate that number by adding up all the bills that you pay each month.

They use these ratios to determine if you have enough money to pay them each month. Seth can barely afford to pay the minimum monthly payments on his credit card debt.

If he pays them, then he can’t afford a car payment. His family needs a car more than they need perfect credit.

In my opinion, he should stop paying the credit cards. He should use the income he does have to take care of his family.

Having a car is more important than perfect credit. If they don’t have a car, then it will disrupt his work. If that happens, then his income could drop even more.

Then he won’t be able to afford the credit card payments anyways. Besides, there are ways he can repair his credit later on, after the economy has recovered.

At least he will be able to afford living expenses in the meantime. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at [phone]

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services. Roseville Short Sales Realtor:

Phone: [phone]. admin@go2century.com.

View My homes for sale at www.BrianFrankRealtor.com.

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Antelope CA Loan Modification Help, Antelope CA Short Sales. Antelope CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Short Sales: Why Do Some People Worship Perfect Credit? is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question.

“I am selling my house as a short sale. I am behind on the mortgage payments. Do you think I should still pay my credit cards?” Paul.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

Here is our answer. I all depends on what is important to you. Can you afford your mortgage payment if you stopped paying the credit cards?

If the answer is yes and you don’t want to move, then I would recommend that you stop paying the credit cards. Obviously that will hurt your credit.

But, if you want to keep your home, then you will probably think it is worth it. Then again, I have seen people who would rather have the good credit.

However, if you do want to move, then it would be better to keep paying the cards and short selling the house.

Missed mortgage payments won’t have to much of an impact on your credit score 12-18 months down the road, especially if you short sale.

However, a credit card that you never pay on again will stay on your credit for a longer time. The debt will show up as written off and that impacts your credit for a longer time than missed payments.

Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at [phone]

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services. Roseville Short Sales Realtor:

Phone: [phone]. admin@go2century.com.

View My homes for sale at www.BrianFrankRealtor.com.

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Antelope CA Loan Modification Help, Antelope CA Short Sales. Antelope CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Should I Continue Paying My Credit Cards During A Roseville Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

Roseville CA – Bankruptcy is one of the scariest words a lender can hear. A bankruptcy filing can stall their ability to foreclose by 6 months, and sometimes as long as a year.

Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here.

The lenders know that most bankruptcies will cause them to lose the ability to pursue you for any losses. This means they can’t go after you for any upside down debt.

The only thing a lender gets in a Chapter 7 Bankruptcy is any collateral they have on a loan. So they can foreclose on your house, but that is about the only thing they can do.

They can’t garnish your wages or bank accounts. So use the bankruptcy threat in your negotiations. Lenders know how much it will hurt their ability to collect from you.

The most effective technique that we have seen is to have all negotiations go thru a bankruptcy lawyer. The lawyer knows how to negotiate from a position of power.

The lawyer will also know full well exactly how bankruptcy will hurt the lender. Even if you have no intention of declaring bankruptcy the lender will get scared and cave in.

Then you can get the loan modification you deserve. Thinking about a short sale?

I can help you short sale your property and never pay the bank another penny. Send me an e-mail at admin@go2century.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at [phone]

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Roseville loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Brian Frank.

Brian is a Real Estate Agent at Century Real Estate Services. Roseville Short Sales Realtor:

Phone: [phone]. admin@go2century.com.

View My homes for sale at www.BrianFrankRealtor.com.

Brian Frank specializes in loan modification assistance and short sales in Roseville California. Roseville Loan Modification Help, Roseville Short Sales. Roseville Short Sale Realtor. Rocklin CA Loan Modification Help, Rocklin CA Short Sales. Rocklin CA Short Sale Realtor. Lincoln CA Loan Modification Help, Lincoln CA Short Sales. Lincoln CA Short Sale Realtor. Granite Bay CA Loan Modification Help, Granite Bay CA Short Sales. Granite Bay CA Short Sale Realtor. Citrus Heights CA Loan Modification Help, Citrus Heights CA Short Sales. Citrus Heights CA Short Sale Realtor. Antelope CA Loan Modification Help, Antelope CA Short Sales. Antelope CA Short Sale Realtor. Roseville CA Short Sales. Roseville Realtor.

Copyright 2011 SFI Marketing Institute, LLC. All Rights Reserved.

Important Notice

Brian Frank, Century Real Estate Services, and the Stop Foreclosure Institute are not affiliated in any way, shape, or form with the government. Our services have not been reviewed or endorse by the government or your lender. Most lenders willingly work with agents on short sales. Why?

Because most short sales are beneficial to a lender. If you accept our offer to help you on a short sale, your lender may not agree to a short sale or to modify your loan. We do offer a loan modification kit.

However, the likelihood of negotiating a modification is like everything else in life. It takes work and persistence to convince your lender to modify your loan. No matter what you or we do, your lender may not approve a loan modification.

We do not recommend that you stop paying your mortgage, because this will cause damage to your credit and could cause you to lose your home. Because we know avoiding foreclosure is so important to any homeowner, we recommend that you speak with the appropriate legal or tax advisor before making any decision.

This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing.

You have the option to reject a short sale or loan modification from your lender if it does not meet your approval. If you decide not to go thru with the short sale, then you do not have to pay us our fee. We normally make a real estate sales commission for helping you on a short sale.

The views expressed here are Frank’s personal views and do not reflect the views of Century Real Estate Services.

This information on Roseville Short Sales: Why Lenders Back Off When Threatened With Bankruptcy is provided as a courtesy to our viewers to help them make informed decisions.