I tell people all the time that these operations are a scam, but people just don't listen. I'd like to know when the banks are going to get penalized for their "Loan Modification" scams? A so-called "Loan Modification" is the bank's way of squeezing three more months of mortgage payments out of you. They do it by putting you on a three month "trial period" and then on the fourth month you're told that you don't qualify. And just like that, the bank got three month's more mortgage payments out of you!!!
Three people arrested in mortgage, foreclosure scam - News - ReviewJournal.com
Thursday, October 27, 2011
Tuesday, October 25, 2011
Saturday, October 8, 2011
Nevada Announces New 'Foreclosure Fraud Reform' Law www.dsnews.com
Nevada Announces New 'Foreclosure Fraud Reform' Law
www.dsnews.com
http://www.dsnews.com/articles/nevada-announces-new-foreclosure-fraud-reform-law-2011-09-29
I think this will be a double edged sword and possibly hurt more folks than it actually helps. There are so many people already that miss the opportunity to Short Sale either because of misinformation or just not doing anything at all about their mortgage situation. Now, once homeowners get the word that there is a chance of the bank not being able to foreclose on them, they will wait and stall until the very last moment thinking that there is a way for them to stay in their home. However, by then the bank will produce all necessary paperwork and the option to Short Sale will be lost because there won't be enough time and the property will end up being foreclosed on anyway.
www.dsnews.com
http://www.dsnews.com/articles/nevada-announces-new-foreclosure-fraud-reform-law-2011-09-29
I think this will be a double edged sword and possibly hurt more folks than it actually helps. There are so many people already that miss the opportunity to Short Sale either because of misinformation or just not doing anything at all about their mortgage situation. Now, once homeowners get the word that there is a chance of the bank not being able to foreclose on them, they will wait and stall until the very last moment thinking that there is a way for them to stay in their home. However, by then the bank will produce all necessary paperwork and the option to Short Sale will be lost because there won't be enough time and the property will end up being foreclosed on anyway.
Friday, October 7, 2011
Email thread and voicemails...
I cannot understand why Realtors do not include the chain or thread of emails in their emails. It is idiotic to me when I'm having an email conversation with someone and all the previous emails aren't there for me to review so I can see what was previously said and by whom. It's a very simple settings change to include all previous emails in your email.
In addition to to including the conversation history in the emails, is it that complicated that Realtors don't know how to have a signature block with their contact information in it.
Also, why don't people learn how to leave a proper message. Leaving a message that says "call me" is asinine.
When you leave a message you should say who you are and what you're calling about, while trying to include as much detail as possible. If you leave a message that only says "call me", when that person calls you back and you don't answer what type of voicemail is that person supposed to leave for you since you said absolutely nothing other than call me.
Whew! I've been wanting to get that off my chest for awhile now. LOL
In addition to to including the conversation history in the emails, is it that complicated that Realtors don't know how to have a signature block with their contact information in it.
Also, why don't people learn how to leave a proper message. Leaving a message that says "call me" is asinine.
When you leave a message you should say who you are and what you're calling about, while trying to include as much detail as possible. If you leave a message that only says "call me", when that person calls you back and you don't answer what type of voicemail is that person supposed to leave for you since you said absolutely nothing other than call me.
Whew! I've been wanting to get that off my chest for awhile now. LOL
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