Free Loan Modifications – maybe, but I’d be weary if I were you.
FREE Loan Mod Scenario 1:
Here is the plan, I’d imagine. Once you sit down to do your free loan modification, you are then pressured into doing a short sale. A short sale is where the real estate agent gets paid. Now, it’s not by you, your bank pays them to represent you in the short sale process, so I guess it’s free???
FREE Loan Mod Scenario 2:
I hate being upsold. However, using the FREE Loan modification scenario to introduce you to a credit repair person or other type of real estate vendor. Hey folks – in most businesses, referrals are worth money. While you are not “paying” for that in a monetary since, you could be in a “getting run over by a train” since. So I guess this one is also FREE….
FREE Loan Mod Scenario 3:
Another possible outcome is really helping you do a loan modification. However, is it best for you to do it yourself with your bank or is it better having a realtor do it? Is the realtor an attorney? Maybe that works best? Either way – if this is really true and if they have a GREAT success rate and tons of recommendations – He – that type of FREE Loan Modifications would be fantastic…
Read everything and make sure you always respond to all verbal communication in a followup email to make sure you understood what you were being
Your Insurance policy via email!
Example: Hey Todd, thanks for calling me today and I wanted to make sure I understood you correctly.
“The short sale will not hurt my credit. Pigs can fly and If I remember correctly, you were a read admiral on a Greek freighter???”
You get the gist – be safe – we will speak with you soon and make sure you tune into our Housing Radio Broadcast to get the intel daily!!!