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Topic: Loan Modification Recommendation  (Read 257 times)

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HamachiJohn

  • Sea Lion
  • ****
  • Location: San Ramon; Santa Clara
  • Date Registered: Sep 2009
  • Posts: 2781
I have a client who is in need of Loan Modification services.  With all the negative publicity out there, any good ones you can recommend?

Jonathan
Down to 1 Hobie Revo...


matanaska

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  • Posts: 2621
I was satisfied with Quicken.  It was easy and they covered closing.  All online too
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Bigfoot

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http://www.car.org/legal/real-estate-resources-law/real-estate-resources/fraudwarning-dre-3-09/
 Careful Bro. You do not want to recommend anyone. Even if it is a rep business and the deal goes south, for god knows whatever reason, you're tied to it. A lot depends on whether it is a distressed property or not. If any of my Short Sale clients get a Loan Mod I usually don't get a chance to meet them or I lose the SS. One time in 4 yrs a SS client received a Loan Mod after they had moved out, signed a one year lease, and I had marketed it for 6 months. They got let out of the lease, moved back in w/ a $800 lower payment. I lost the listing and got stuck with a $400 water bill for keeping the lawns green. Haha.
Bigfoot
Randall Ray Nelums
Cell (510) 305 0471


HamachiJohn

  • Sea Lion
  • ****
  • Location: San Ramon; Santa Clara
  • Date Registered: Sep 2009
  • Posts: 2781
I was satisfied with Quicken.  It was easy and they covered closing.  All online too

Should have clarified.  They need a loan mod with their lender - Citibank. 

Randall,
thanks for the advice.  They still want me to give them some options.  I am not "recommending", just giving them some names if anyone has had a positive experience.  thx.

Jonathan
Down to 1 Hobie Revo...


 

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