Stop Foreclosure Institute of Fredericksburg Assisting Homeowners in Distress

Fredericksburg Short Sales: Some of the Stupid Things Banks Do On Short Sales

February 15, 2012
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Fredericksburg VA – I have something shocking to tell you. Bankers are not as smart as you or I think they are. You know the “perfect banker” that we meet in public.

The person has never missed a payment, never been late, and has always had a bunch of savings in the bank. They sneeringly look down on normal Americans that haven’t saved their money like Scrooge Chuck.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here is the sad truth. Although they think that they are so smart with money, they actually are not. And today I’ll show you one example why.

Let’s look at how 90% of the banks handle the short sale process. When an offer comes in on a short sale, it takes 30-60 days for a person at the bank to look at the offer.

Then, that person orders an appraisal on the property. After that appraisal comes back, the bank employee reviews the property value and the home seller’s personal financial situation.

Based on that, they approve or deny the short sale offer. They do this to avoid approving short sales when either a homeowner can still afford the house or the house is selling to low. Seems like a smart way to do things, right?

Here comes the stupid part. What do they do if the short sale offer is rejected? Well, they tell the buyer to hit the road and close the file. Everything gets thrown out. The appraisal is thrown out. And all the time that employee spent looking at the seller’s finances is thrown out.

Which means that they have to do all of that work again when a new short sale offer comes in. What’s worse is that it causes the banks to lose millions of dollars.

As an example, an agent I know told me about a short sale property he handled. “The first offer for $275,000 was rejected by the bank. Several more offers were rejected over the next year.

The housing market continued to decline. Finally almost 2 years later they accepted an offer for $235,000. Yes, they lost $40,000 because of the flawed short sale process.

That’s a pretty dumb way to handle things, isn’t it? And yet, most bankers sneeringly think they are responsible with money! It’s crazy, isn’t it?

As you can see, the key to a successful short sale and avoiding the mark of a foreclosure on your credit. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sales: Some of the Stupid Things Banks Do On Short Sales is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sales: Bank of America Still Has Huge Problems

February 14, 2012
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Fredericksburg VA – In 2010, an agent I know talked to the person at Bank of America in charge of the Loss Mitigation Department.

He was the top manager in the department that handles short sales, loan modifications, and foreclosures. He contacted this agent because agents were banding together to educate the public on the mistakes he thought that Bank of America was making.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Today, almost 2 years later, Bank of America is starting to make a few, small changes to the short sale process. This agent recommended small changes to how Bank of America handled the short sale process.

He recommended several changes that would be easy to implement. But, it still took almost 2 years for them to implement those small changes. Why?

We think it was because Bank of America has been in crisis mode since the beginning of 2009. It’s hard to make proactive changes when you are putting out fires every day.

Will Bank of America ever recover? Will the ever fix the processes they use to handle loan modifications and short sales?

Well, at the slow rate they are going it will be a while before we see any progress. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sales: Bank of America Still Has Huge Problems is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sales: Why The Lack of Accountability Has Hurt The Housing Market & US Economy

February 13, 2012
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Fredericksburg VA – The National Consumer Law Center wrote a White Paper on how banks handle loan modifications, short sales and foreclosures.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

They titles their White Paper “Why Servicers Foreclose When They Should Modify and Other Puzzles of Servicer Behavior.” Check out the White Paper at this link: http://www.nclc.org/images/pdf/pr-reports/report-servicers-modify.pdf.

The “servicer” they are referring to is a bank that is handling a mortgage for another entity.

As an example, around 80% of all of Bank of America’s mortgages are not owned by Bank of America. Instead, they are owned by another entity like Fannie Mae or a hedge fund.

Bank of America is simply handling the accounting, tax filings, and the foreclosure and collections process. The Consumer Law Center thought it was “puzzling” that servicers preferred foreclosure over loan modification.

The reason that the servicers prefer it is because it is less work and they make more money in the process. But, I don’t think it is puzzling. Why not?

Because there is almost zero accountability! The owners of these mortgages never check in on the process. They don’t know that a servicer denied a short sale offer for $385,000, only to see the property sell for $230,000 as a foreclosure.

Because they are not checking on things Uncle Sam and the owners of these loans are seeing huge, unnecessary losses. Pretty sad, isn’t it? Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sales: Why The Lack of Accountability Has Hurt The Housing Market & US Economy is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sales: What To Look For In A Buyer’s Offer

February 10, 2012
Comments 0


Fredericksburg VA – Short sales often get multiple offers from different buyers. Which offer should you accept over the others?

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Most people would assume that you would automatically pick the offer with the highest price. However, this isn’t always a good idea.

The offer with the highest price may have the shakiest financing. Most short sale lender issue a deadline when they approve a short sale. They state that their approval is only good for 30 days.

After 30 days, then they short sale has to be re-negotiated from scratch. That only causes the process to drag out another 2-6 months. So, you want to make sure the buyer’s offer is strong and that their financing is approved.

In this case, a little lower price might be worth considering versus a higher price with an unqualified buyer. Another thing to consider is repairs. Some short sales need repairs before they can be financed.

Most loan programs are for homes in good condition. If your home needs repairs, then most of the buyers won’t get approved for a loan until those repairs are completed. But, not every buyer has lots of cash on hand to make repairs.

Ask your agent for advice on which offer to accept. The offer with the highest price and best qualifications is the one you should pick. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sales: What To Look For In A Buyer’s Offer is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sales: Is Renting or Buying Back a Short Sale Mortgage Fraud?

February 9, 2012
Comments 0

Fredericksburg VA – In many cases, short selling your home and then renting or buying it back is considered mortgage fraud. Because loan modifications are so difficult many homeowners are considering selling their home and then renting it from the new owner.

Many homeowners look at this as the best way to get their loan balance reduced.

“I owe 400k, my house is worth 200k, and the bank won’t reduce the amount I owe on a loan modification. I’ll just sell the home to my friend, rent it from him, and then but it back in 2-3 years after I fix my credit”, they think to themselves.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

The Bankers are afraid that if this is allowed, then everyone will want to short sale their house and then rent it from the new owner. To discourage this, some banks are now forcing everyone involved to sign affidavits before they will approve the short sale.

The affidavit says something similar to the following: “There is no agreement, oral or written, between the seller and buyer which allows the sellers to remain in the property as tenants or to regain ownership of the property at any time after the property sells.”

The bottom line is that the banks don’t like short sale leasebacks. If they find out after closing, then you could face criminal prosecution. How exactly?

Well, have you read your entire 18 page mortgage from front to back? Have you read the entire short sale approval letter and all the other short sale documentation? A clause could be anywhere in the paperwork and cause you lots of issues down the road.

So, are short sale leasebacks illegal? I don’t know for sure. I definitely would not do it if I had to sign an affidavit like the one above. If there is nothing like that, then talk to a competent attorney first.

But, even a good lawyer can’t guarantee you won’t face future legal and/or criminal problems. They can only give you their opinion. Many attorneys have different opinions on a legal subject.

The only person’s opinion that matters is a judge who makes the decision on the case. If you are considering a short sale leaseback, then I would simply recommend short selling and renting another home until you can buy again.

It’s just simpler and you will sleep better at night. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sales: Is Renting or Buying Back a Short Sale Mortgage Fraud? is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sale Question: My property is in rough shape and needs work. Can I still do a Short Sale?

January 19, 2012
Comments 0


Fredericksburg VA – The Stop Foreclosure Institute recently received a question from Dan. Here was his question.

“My property is in rough shape and needs work. Can I still do a Short Sale? Dan.”

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Here was our answer to his question. You can still do a short sale. It is a fact that lenders are more motivated to do a short sale on a property that needs repairs than on a property that doesn’t.

Most lenders understand that the risk of loss goes up when they foreclose on a property that needs lots of work. Here is an easy way to get a discount approved for a short sale.

Show your lender that a lot of repair work is needed to bring the property back up to a marketable condition so it can be sold. Lenders are simply not set up to get any repair work done.

They are in the loan business, not the repair or handyman business. It really doesn’t matter the type of house or condition, all mortgages can be discounted.

The very best types of properties to perform short sales on are houses that are in rough shape and need repair work because the bank will often allow a bigger discount for it.

If you have a property that is in rough shape and needs work, do not leave it to be foreclosed. I am here to help. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sale Question: My property is in rough shape and needs work. Can I still do a Short Sale? is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sales: How To Keep Your Home With A Forbearance Agreement

January 17, 2012
Comments 0


Fredericksburg VA – With a forbearance agreement, your bank agrees to hold back on its legal right to exercise foreclosure on you. They do this by coming up with a plan to bring you current on your mortgage payments after giving you some kind of a breather period.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

In Forbearance, your mortgage payments are either reduced or suspended for a time agreed on by your lender.

After the Forbearance period, you will be expected to resume making old payments plus make some additional partial payments to cover the arrears and eventually get the loan current.

Banks may stipulate that you make a single, lump sum payment by a given date to cover the missed payments.

The mortgage company may be willing to grant forbearance to persons whose incomes have been reduced temporarily for a number of reasons such as job loss, unpaid mandatory leave, illness or other emergency.

Before asking for such a loan modification, you should be ready to demonstrate your good-faith efforts to pay your mortgages and other bills and to reduce expenses.

This will only do more good than harm to your credit and therefore help you gain the confidence of your mortgage company. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sales: How To Keep Your Home With A Forbearance Agreement is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sale Question: Do Lenders Always Agree To Loan Modification Requests?

January 16, 2012
Comments 0


Fredericksburg VA – Unfortunately, lenders do not always agree to loan modifications. That’s why when you decide to explore this option you need to get all the information you can on the subject.

Lenders call the loan modification process “Loss Mitigation.” Loss mitigation is the act of lessening the lender’s losses whether they approve a loan modification, short sale, or foreclose on the property.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

The lender’s loss mitigation specialist will provide multiple strategies for repaying your loan, depending on the type of loan and delinquency.

When you get my advice on how to avoid foreclosure, I can help you decide if a loan modification is the best option for your situation.

If you decide that a loan modification is the best option, then I will give you a copy of my free loan modification guide. you can use the guide to negotiate a payment reduction with your lender.

The lender may propose repayment plans that best fit your needs. The loan modification guide explains how to start the loan modification process from start to finish.

It also explains how to convince a lender to agree to a loan modification. Please request a free copy today so you can get your mortgage payment reduced and keep your home.

Thinking about a short sale? I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sale Question: Do Lenders Always Agree To Loan Modification Requests? is provided as a courtesy to our viewers to help them make informed decisions.

Fredericksburg Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home?

January 12, 2012
Comments 0


Fredericksburg VA – You may be in a situation where your income dropped for a few months and then went back to normal.

During that time period, your got behind on your mortgage and other payments. Don’t worry, this isn’t a doom and gloom problem.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

Many people missed payments for up to 18 months and still kept their home. In two cases that come to mind, their lender simply forgave the missed payments.

They started fresh with payments very close to their prior payments. In one of those cases, the homeowner’s payments were reduced by $1,000 a month.

The key is to convince your mortgage company that you can still afford your home. You will need to prove a couple of things:

First, that the problem that caused your mortgage payment disruption was clearly beyond your control. An example of this could be an illness, temporary disability, or injury.

Second, you will need to prove that you are now in a good position to stay current on your payments and make some progress towards repaying the unpaid amount. (They sometimes ask for you to repay the missed payments over the course of 6-12 months.)

You will need to convince your mortgage company that you’re back on your feet financially. You need to show that you will be able to make your payments without a struggle.

If you are in this situation, do not wait for your home to be sold without exploring the options available to you. Please contact me for more information on my free loan modification guide that will help you with a Forebearance or Loan Modifcation.

Thinking about a short sale? I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Fredericksburg Short Sale Question: I Had A Temporary Income Problem. Do I Still Need To Sell My Home? is provided as a courtesy to our viewers to help them make informed decisions.

Why A Fredericksburg Short Sale Is A Win-Win For Everyone

January 9, 2012
Comments 0


Fredericksburg VA – While doing a real estate transaction, not all parties with a financial interest can be winners. However, a successful short sale is one of those rare cases where everyone leaves a winner.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

The Seller wins by avoiding foreclosure: This will also help the seller to avoid any credit damage that goes along with foreclosure.

In essence, the property is sold and the seller’s lender pays all the costs associated with the sales process. In most cases, the seller cam move on with their life without paying a dime out of pocket.

The Mortgage holder wins by reducing the loss they incur to get the unpaid loan off their books: It is obvious that the costs associated with acquiring a property through foreclosure hit the mortgage holders really hard.

They need to clean up the property and pay staff to manage and maintain the property before they sell it. This is why Loss Mitigation Departments are setup to resolve unpaid mortgages before the foreclosure is complete.

The Buyer wins by purchasing a property at below market price: Short sales always represent a good deal for the buyer. This is one of the best opportunities for a buyer to buy below market value.

Despite the fact that some short sales will be bigger bargains than others, most still prove to be bargains compared to other properties on market.

Do not sit back and wait for the worst to happen. You can control your future. Take a step to avoid foreclosure and you will definitely be a winner. Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at EMDill@Gmail.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 (540) 841-1825

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

Thinking about a loan modification? Our Fredericksburg 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, Ernie Dill.

Ernie is a Real Estate Agent at http://www.shortsaleagentadvocate.com/. Fredericksburg Short Sales Realtor:

Phone: (540) 841-1825. EMDill@Gmail.com.

Serving Northern VA, the Greater Fredericksburg Area, and Richmond

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

Ernie Dill specializes in loan modification assistance and short sales in Fredericksburg Virginia. Fredericksburg Loan Modification Help, Fredericksburg Short Sales. Fredericksburg Short Sale Realtor Fredericksburg VA Short Sales. Fredericksburg Realtor.

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

Important Notice

Ernie Dill, http://www.shortsaleagentadvocate.com/, 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 Ernie’s personal views and do not reflect the views of http://www.shortsaleagentadvocate.com/.

This information on Why A Fredericksburg Short Sale Is A Win-Win For Everyone is provided as a courtesy to our viewers to help them make informed decisions.

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