Investors prefer your house to be foreclosed on.
Note: I mainly work with distressed home owners with Bank of America Mortgages (Loans).
That’s right, investors prefer your house to be foreclosed on.
I work with three investors and search on a daily basis for properties that are going to be sold on the County Steps (Trustee Sale) this is where foreclosed homes end up and investors purchase the foreclosed homes. Investors want home owners properties to be foreclosed so they can pick them up at a discount and resell or keep the trustee sale purchased properties in their portfolio as rentals.
I know what you are thinking, ”I am working both sides of the coin!”. I prefer helping home owners communicate with Bank of America and see if they can modify their loan. If that is not possible, distressed home owners have the options to Short Sale their property. The investors I work for understand my point of view and still work with me and purchase properties that fall through the foreclosure funnel.
Home owners in distress don’t know that Bank of America would prefer distressed home owners to short sale their property and settle their mortgage debt with Bank of America with a successful short sale. That’s right, Bank of America considers a Short-Sale as Debt Settlement. You can settle your debt with Bank of America and stick it to investors making money off of your distressed situation
I am just a phone call away and I am available after hours ( 9 a.m. to 10 p.m ) to answer any question you might have or to set up an appointment.
Bank of America Helping Distressed Home Owners
This is my third Bank of America seminar this year and Bank of America’s goal is helping home owners to avoid forclosure with loan modifications before doing a short sale. Not all home owners will qualify, but no one knows if they don’t try. If distressed home owners do not qualify for a loan modification home owners can short sale their home. Home owners can settle their debt with Bank of America with a short sale. That’s right! It can’t be a strategic short sale. Meaning: “Short Selling your property because it is upside down and you want to dump it.” Bank of America is proactive with Short Sales! Call me with questions you might have. Jesse Sierra (909) 762-1153 Hablo tu idioma.
D.R.E. Lic.#01772408
Condo Scouting for New Jersey Client
Today is a super nice day! Took my daughter out with me this evening to go Scouting for condos for a client in the East Coast.
