For months, I have been screaming about the shared loss agreements the big banks have with the FDIC that gives the bank a profit after a foreclosure or a short. This video explains why the banks would rather foreclose than do a loan modification. salehttp://www.thinkbigworksmall.com/mypage/player/tbws/23088/1557536
If you know anyone who is behind on their mortage payments and are trying to avoid a foreclosure, call me. As a Certified Distressed Property Expert, I have extensive training in short sales, which have less impact on credit than a foreclosure. A short sale is when the mortgage company agrees to take less than the payoff when the home is sold. Because homes have lost considerable value in the past two years, short sales are very common. Managing a short sale requires special training that most agents do not have. Be sure to hire an experienced CDPE if you need help negotiating a short sale.
Call me. I am happy to provide a free consultation with no obligation, wither over the phone, be email or in person.
leslie edwards 770.460.9448 where my phone is answered 24 hours a day, 365 days a year and I am never hard to find RE/MAX Around Atlanta
leslie@leslieedwards.com www.SouthMetroAtlantaMLS.com