August 19, 2010 by Greg Saunders
Hey folks you know just the other day I was at the office and I could not help but over hear another agent battling with a bank to replace an incompetent…okay inept bank representative assigned to the short sale he was working. After his called ended we engaged in some interesting dialogue that resulting in him showing me a email reply that he had received from that same bank.
Without mentioning the bank, the email basically stated that the bank in the determination of the current market value of the property did not consider or utilize any foreclosures. In fact the bank went on to say that while foreclosures are prevalent in the marketplace they are not significant enough to essentially impact or be the driving force of sales in the marketplace.
July 8, 2009 by Greg Saunders
Hey Peachtree City! A lot of homeowners either behindin their mortgage or find that their homes are under water are seriously considering a mortgage modification. However, I think the biggest complaints revolve around the arduous amounts of paperwork required by the banks and mortgage companies. All this confusion coupled with being bombarded by so many companies stalking you and promising to assist with your loan modification has led many needy homeowners to become sceptical and abandon seeking assistance.