Rebecca Austin discusses ” Common Loan Modification Questions “ the Law Office of Michael Groves
Radio Show: Home Help Radio with Rebecca on KPRZ
Date: 12-03-11
Rebecca Discusses ” Myths & Misconceptions about Underwater Home Values~A Guide for Homeowners in 2012 ” – If you are a homeowner whose house value is less than what you owe, or if you are falling behind on your mortgage payments, listen to this segment as Rebecca brings clarity to the common myths and misconceptions about Short Sale, Loan Modifications, and the Lending Institutions that hold your mortgage.
Radio Show: Home Help Radio with Rebecca Austin on KPRZ
Date: 12-03-2011
Rebecca Discusses the “ Current San Diego Real Estate Market ” January 2012
Radio Show: Home Help Radio with Rebecca Austin
Date: 12-3-2011
Rebecca Discusses some of the ” Strategies for Homeowners in 2012“
Radio Show: Home Help Radio with Rebecca Austin
Date: 12-24-2011
Rebecca Discusses some of the ” Smartest Real Estate Decisions for 2012 “
Radio Show: Home Help Radio with Rebecca Austin
Date: 12-24-2011
Rebecca discusses current ” Real Estate & Loan Modification Scams “–Seller’s BEWARE!
Radio Show: Home Help Radio with Rebecca Austin on KPRZ
Date: 12-24-2011
Rebecca goes over some of the ” Biggest Mistakes a Homeowner Can Make in 2012 “ on KPRZ show aired on 12-24-2011.
I frequently hear the stories as I meet with Homeowners, especially upside down Homeowners. The scam artist who target them, lie to them, and try to prey on their fears to take advantage of them when they are down. They are skilled at playing with your emotions. They are experts and know exactly what you want to hear. We all know that when we are desparate and want the pain to stop we may do things that our rational mind would not. We suddenly stop noticing the alarms going off and choose to dump all of it onto the person who is offering to help, even when the offer is too good to be true. Remember what Mom told us, “If its too good to be true, it probably isn’t true”? Mom is right again!
Here are a couple of this week’s reports in hopes that it amps up that alarm if you are exposed.
The “Class Action Law Suit” invitation.
Yes, we used to get the House Warming Wine Party Invitations. Now it’s the Lets All Sue Our Lender Invitations. Scam Artists are approaching people who are upside down and telling them about this Class Action Suit they are filing on behalf of Home Owners against (insert your lender here). They are going to really go after them for being soooo mean to you….big bad lender. They get you all fired up, “Yeh, lets go get em” And, they say, you can join our revolt, just write us a check for (insert whatever number they decide, dependant upon your level of pissed offness). “Don’t you worry, we’re really gonna hand them their tails, we promise! Our goal is to get them to write off your mortgage. That’s right, we are going to demand they forgive your mortgage completely for lending you that money. Those horrible greedy people..” This is not real, folks. Please don’t fall for this. Yes, there are thousands who have and are and to those of you, I’m sorry if I’m making light of the conversation. I know how good these sales people are.
Your response if you are approached:
Its easy. First, make sure you ask them for their full name, company name, phone number and as much information from them as you can gather. Send this information to me so I can help expose them. Then, let them dig a nice big hole, kinda like their own grave. Then ask them this, “Isn’t it illegal to charge up front fees to join a Mass Joiner?” This is the legal term for this type of action. When you use this term, Larry the Sales Guy will know he’s on the ropes and will most likely hang up.
Honey, The White House is Calling…
I love this one. This week phones all over have been ringing with this hilarious auto recording. It starts with the ominous deep male voice, “President Obama has allocated billions of dollars to help troubled home owners across America, some of which is specifically for Loan Modifications for people who are struggling.” Then the chipper, pleasant female voice, (just like my Grade 4 teacher, Miss Payne..ahhh…) “If you are struggling to make your mortgage payments, press 1 now to modify”
I could listen to this message over and over. It cracks me up every time. Just press 1 and we’ll slash your payments and principal balance in half. Its just that easy! Dang!! WHY DIDN”T WE THINK OF THAT ALREADY??!!! Thank you President Obama!! All we have to do is wait for your call, Press 1, and PRESTO!! We are saved!!
Again, people are pressing one. Now, listen. This is not a Loan Modification Company. This is not a Debt Settlement Company. This is not an Attorney. This, friends, is the next wave of LEAD GENERATION COMPANIES. Be very aware of what you are signing up for on your phone, online, through mailers, on the TV. Start watching these advertisements closely. What you will start to realize is that these companies are simply spending a large amount of money to reach a broad base of people to capture your information so they can sell if to companies as prospective clients.
There is nothing illegal here. But just know, if you press one, you will not be helped. You will be asked a series of questions. Your answers will be recorded. And this private information will be sent to several companies who will pay for this information. You don’t have any knowledge of who is getting this confidential information. But you will notice that your inbox and voicemail will be full with more messages from Larry the Sales Guy.
An exceptional Lender, Realtor, Credit Expert, or Attorney does not pay Lead Generation Companies to find you. Exceptional Professionals are too busy helping people who found them independently and through referrals. Exceptional Professionals are in the Public’s Eye not afraid of their practices and confident in their purpose. Remember, there is a big difference between “it feels to good to be true” and “it feels right”. You know the difference in your gut and I encourage you to take a moment to connect with that part of you before you take action on your most important asset.
ALERT!!
Have a Question? We have Real Answers and They Are On The House!
There are thousands of you in the midst of Loan Modification confusion:
- Do I qualify for one?
- I’ve been talking to my bank for over a year and I’m stuck
- Can you do something with my second>
- Can get out of my trial modification
Attorney Michael Groves is offering up FREE LEGAL ADVICE!! Yes, we have now added our “Ask a Loan Modification Attorney” button on our site. Simply type your question and you will get FREE LEGAL COUNCEL on the Loan Modification topic. Michael has been doing these for decades and is a wealth of knowledge. We are so lucky to have access to him. Fire away folks, we haven’t stumped him yet! BTW, if you want him to speak to his “ins” at your bank to see what you could get in the way of a modification, he does that as well with no up front fees….why not try that instead of trying yourself. He has direct access to the decision makers!
FREE LEGAL ADVICE
CLICK HERE TO ASK A LOAN MODIFICATION ATTORNEY
Imagine if you were stuck in time fashion wise and you were still wearing all of your high school cloths. If you are attending High School this is fine, but if you are not, we have an issue to discuss. The good news is that we can spot you and your high cuts a mile away and so can you. All you need to do is look in the mirror and ask, “I wonder why I can’t find a good perm?”
Seriously, we look back at the trends and wonder, “what the heck was I smoking???” right?! The truth is that sometimes we are pulled my culture, media, and others to believe that the style of the times is the way to be and we sometimes subscribe. Remember the leg warmer phase? We’ll say the same thing about Silly Bands and Skinny Jeans for men if we’re not already….
What’s this have to do with Real Estate? What if an overleveraged lifestyle looked at ridiculous as a rolling up in your Gremlin?
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What if we woke up one day and decided as a culture that we are done working harder to get more stuff and all that junk became an outdated symbol of an old life of over consumption?
Is it possible that we are entering an era where free fun, family, giving back, compassion for the world, and sharing our gifts were in style? Regardless, wouldn’t it feel amazing if you did?
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In my business I spend time with people daily. Happy people and not so happy people. What I have found is that those who have taken an honest look at their Real Estate and Investment portfolios and made the adjustment from the 2005 to 2011 are happy the did. Those who are still stuck in 2005 and all the pressure of holding that lifestyle up are simply not.
Get a Handle On Your Home First
Why? It’s the biggest payment and if there are not enough to go around you have to decide. If your last refi or home purchase can be chalked up to “bad timing” you may need to have a Real Estate makeover. And, when you are liberated from useless debt with a payment you can afford, you will rejoin the ranks of the stylish San Diegans who are enjoying life in one of the most beautiful cities in the world.
An Online Home Evaluation will provide with:
- An accurate analysis of your home’s current worth (not an automated Zestimate, a real one),
- Look at the next 10 years (If we stay and do nothing, or if we modify, or if we sell and repurchase after 2 years with a plan and credit improvement) It’s all in color and right in front of you so you can make the best decision for you and your family with no pressure.
Request An Online Home Evaluation
Recessions happen. 2011 is more than that. America is faced not only with millions feeling anything from a pinch to a punch, but a subsequent cultural shift.
How many times have you heard, “Oh, we used to ______(insert fun here)_________, but with the economy the way it is_____(insert feeling of loss and sadness)__________.
| 2004 – “The Good Old Days” | 2011 – “With the Economy The Way It Is..” |
| Impulse Buy | Waiting for the Groupon |
| Stated Income Loans | No Loans |
| Automatic Credit Limit Increase | Automatic Credit Card Cancellation |
| Excitement when your phone rings. | Fear when your phone rings. |
| Impromptu Trips to Vegas | Impromptu Call to Family for Loans |
| Dinner and a Movie Night | Cancelling Cable and Cell Phones |
| No monitoring of inflow/outflow | Indigestion. |
There are three things going on here, right?
- Things have happened in your life financially and you haven’t dealt with them.
- You are experiencing the results of this in your attitude and emotions.
- Your situation plus your attitude is creating fear and lack.
Will we ever return to 2004’s attitude about money? If we learn anything in 2011 we will not. America is sporting a new attractive attitude; one of appreciation for what we have, realizing we don’t need all that stuff to be happy, and living a simpler life of connection with what is within us and around us.
This is where we are going. And, if you have not detox’d your 2004 life, this is precisely what I invite you to do.
Get a Handle On Your Home First
Why? It’s the biggest payment and if there are not enough donuts to go around you have to decide. If your last refi or home purchase can be chalked up to “bad timing” you may be feeding donuts to a cash cow.
There are over 1.1 million homes in San Diego County and over 360,000 are in a negative equity situation. If you think you are upside down and you can’t refinance, looking at the current worth and the future of your house is a critical part to joining the rest of us here in 2011.
Request an Online Home Evaluation. This will provide with:
An accurate analysis of your home’s current worth (not an automated Zestimate, a real one),
- Look at the next 10 years (If we stay and do nothing, or if we modify, or if we sell and repurchase after 2 years with a plan and credit improvement) It’s all in color and right in front of you so you can make the best decision for you and your family with no pressure.
Cows don’t eat donuts…I checked…..Please accept my invitation!
