After reading it, if you aren’t TOTALLY PISSED off, move to another country. NOW!
Click >> HERE <<
Here’s part of some email traffic on the latest bullshit coming from our poicticians and Attorneys General. ALL touting they’re “…taking great steps to alleviate the hardships bestwed upon the citizens of our nations communities”.
So, I inquire about the actual program and here’s what I get:
To: Herson, Adam D; Sciumbato, Joyce
Subject: Not had the courtesy of a reply from either of you.
I understand you’re both extremely busy but had hoped for a more timely response.
NEW ITEM: I have a mortgage with Bank of America. Nevada is receiving $1.5B in relief from numerous lenders, B of A being one of them. I’m making a formal request to receive a call to discuss what form of relief is available to me from this settlement.
The Reply:
Louie,
I apologize that I have not been able to get back to you sooner. We appreciate your interest in the recent announcement. In order to provide you the best service possible, we have established a specialized team dedicated to assisting customers with questions specific to the global settlement agreed upon by Bank of America to resolve mortgage claims and anticipated programs. Their number is 877.488.7814.
Thank You
So…we wait…
Finally, the answer arrives in the mail…(Click this Link) =>ANOTHER B of A FAILURE
NO MATTER WHERE YOUR REAL ESTATE IS, IF YOU BOUGHT IT AT THE TOP
OF THE MARKET, YOU’RE VALUE IS NEVER GOING TO “GET BACK UP THERE”.
You will NOT be receiving a Loan Modification…attorney assisted or not.
You will NOT be refinancing…WITH or WITHOUT any perceived “Obama Rescue
Plan”.
The plain hard-to-admit truth is that your BEST and SAFEST route for a sound
financial future is simply to Short Sale your property and MOVE ON!
Having said that, please seriously get the heck out of your DENIAL stage and
move on…
I have a team of attorneys, credit restoration specialists and contacts at most
banks that are at your disposal.
So, call me.
If you are a friend of mine of on Facebook, some of my posts might seem redundant, but, hey, the more exposure I can get to help a homeowner, the better.
Seems good work is never rewarded in the press…BUT, do ONE thing wrong, (purposely or accidentally) and your name is S**T ALL OVER THE NET…
So, good news must travel the s-l-o-w path until it finally arrives on the doorstep of those who can use it.
An agent representing a buyer on one of my short sale listings confided in me that she just wasn’t interested in the business any longer as she had been reignited by another business she was passionate about. That in itself is awesome!
Over a short period of time, a degree of trust developed between us; so much so, she graciously presented me with all her short sale listings. All at once. On my desk.
After she left my office, one of my support staff looks at me and says, “Huh. You’re becoming the Realtors Realtor.”
He’s a youngster. What does he know…
Teach an old dog a new trick?
I’m game.
I don’t mind the short sale. I do it differently than ANYBODY.
And because I do, my escrows are 30 days or less.
As routine; not anomoly.
With my “new title”, if you are an agent who loathes the short sale,
but wants to make some money from them, call me.
I’ll tell you how.
I’ve been following this so called “program” spearheaded by that doofus Harry Reid and his co-hort Lon DeWeese dince its’ highly publicized release in April 2011.
To date, without fail, each time I make a formal request for PROOF this program exiasts past the mere existence of a brick and mortar lease of space and the appearance of poorly qualified “employees”, I am told, “feel free to read of our results on our website.”
I’ve even consulted with a reporter of two who have also followed this “program” with great anticipation of one FINALLY actually doing some good for weary Nevadan’s, but alas, the results from their investigative efforts have also been met with dismal results and irresponsible parroting.
A program that reports availability of $150,000,000 for Nevadans, but hides behind ANY offer of publicity is simply ANOTHER govermental smoke-and-mirrors scheme to belay the truth behind the lie; no such program was ever created.
Case in point: A single mother struggling to make ends meet who cannot receive any assistance from her mortgage companies unless she ceases making payments, is introduced to this “program” by a highly qualified real estate broker. After numerous attempts to receive aid, her request is summarily declined without nay a reason, valid or otherwise.
When digging deeper and pressed for a factual response to the question, “How many homeowners have you ever helped with this program?” A woman with only a rudimentary command of the english language and who would only identify herself as “Senior Underwriiter Emma”, proudly proclaimed, “At least 12 or 15.”
“At least 12 or 15?”
Of the ten’s of THOUSANDS of Nevadans whose homes are underwater in value, ONLY 12 or 15?
My friends, that is the text book definition of “Epic Failure” and the categorical example of “Political Cronyism”. Scam artist Harry Reid at his best – which, once again, emphasizes his worst.
This program exists only to insult the voters and citizens who live, work, die and pay taxes in this dejected, boil-on-the-butt of this country state known as “Nevada”.
If I were you, I would call your bank, today, and inform them Mr.’s Reid and DeWeese said it’s ok to stop making your mortgage payments as this apparently is the only way ANY taxpayer will ever receive attention or assistance.
****UPDATE****
Bear in mind, I am not an attorney and no part of my experience or opoinions are to be construed as legal advice.
The reason I bring this to your attention is simply this: Caveat Emptor.
What readers NEED tro understand is simple. NO LENDER IS GOING TO HELP YOU.
An attorney WILL NOT be successful in securing you any semblance of a favaorable, permanent loan modification. Period.
Doubt me? Fair enough.
I have NUMEROUS clients I’ve helped who came to me AFTER THROWING AWAY thousands of dollars to an attorney who professed their “powers” but failed. Epically.
The truth of this mess is this, (And if ANYONE, ANYWHERE, can provide me with the name of an attorney who discloses this FACT PRIOR to receiving their blood money, please, PLEASE, do let me know so I can buy him dinner and honor him as the ONLY honest attorney on the globe.
Back to the truth…UNLESS you miss a payment, and denegrade your credit rating, a bank forsees you as NO THREAT to them. NOBODY, BUT NOBODY can advise you to cease making your mortgage payments to a lender. That’s called “breach of contract” and you will be sued for damages caused by such a breach. (At that point, the attorney who ill-advised you to do so, will now call your action a litigious, maybe even criminal matter and now he gets to charge you MORE to help you.)
One you miss ONE SINGLE PAYMENT, you will NOT BE KEEPING YOUR CURRENT HOME! Read that again. Several times, until you become comfortable with it.
Far too many homeowners realize this inevitable fact far too late. How do I know? My business is built on such travesties and errors in judgement.
If you cannot afford to make your mortgage payments, for any reason, and choose to become with a “strategic default”, you will not be keeping your home. At that point, your BEST, but not ONLY, option, is to extract yourself gracefully via a well-crafted short sale affording you maximum protection.
When you’re ready to see how one works and how to protect your future, because we ALL have one, all you need to do is call me and ask.
1st Mtg: ASC, Balance, $200,000
2nd Mtg : GMAC, Balance, $80,000
List Price: $119,000
Approved Price: $115,500
Contract at: $115,500
Take a look at what everyone gets after we negotiated our asses off.
(Oh, yeah, an attorney will try and charge a homeowner like, $3,500 for the same services.)
Clink the link below to see the actual letter.
Today I phoned my contact at B of A to inquire about my own personal mortgage and how to apply for some degree of relief under these “New” programs.
I was told it still has to “make its way through the system”, so we can take your name, phone and mortgage number and call you in approximately six (6) [Yup. That's what she said. SIX] days.
I am TOTALLY a NON-Believer in this new program as the previous program, Nevada’s Hardest Hit Funds program was/IS a monumental bust. I mean, seriously, if YOU had been the recipient of ANY relief that permitted you to KEEP your home with PERMANANTLY reduced payments or principal, wouldn’t you share it with all your friends, family, colleagues, the media?
Well, I’ve heard nay a peep. Zero. Zilch. Nada.
After numerous conversations with the adminiatrator of the “program”, Lon DeWeese, he was suprised at some of the misinformation coming from his staff; and some members of that staff have been relieved of their duties.
I’ve also spoken numerous times with a very notable newspaper reporter for the LVRJ, and he finds the “results claimed” also very mysterious and disappointing as well.
So, don’t expect to hear of, much less enjoy, ANY benefits from this program any time soon. Or, ever. But, if you do, and like publicity, let me know and I’ll make sure they spell your name right and get your best side.
Click the link below to read about it…
Nevada’s Mortgage Relief Press Release
Click the link below to see why in 30 seconds…
Click here —>>> LOAN MODS DO NOT WORK & ATTORNEYS WILL NOT HELP UNLESS YOU PAY!
