Archive for the ‘Clarification’ Category

New Agreement May Help Bank Of America Clients Who Are Underwater

Tuesday, May 1st, 2012

Hello everybody Jesse Moore here with Pickett Street Properties, where we are redefining real estate in Seattle, thanks for testing my weblog today. Our team of short sale experts is dedicated to helping Seattle area homeowners avoid foreclosure and I use my blog to share my data on up to date Seattle short sale news. In case you are behind on your mortgage, or already contemplating a short sale, please stop by my web site or contact me at present to discuss your choices for avoid foreclosure.

For my blog immediately I wanted to go over the recent settlement involving Bank of America and the issue of robo-signing on some loans. We’re finally beginning to get more details and there are more lenders concerned than simply Bank of America. The five largest lenders within the nation have settled with the federal government and agreed to offer principal reductions as much as one hundred thousand dollars. There are some guidelines sadly and the most important one is that your loan cannot be owned by a government entity reminiscent of Fannie Mae, Freddie Mac, or the FHA. This means out of all Bank of America mortgage holders may be twenty percent of them would qualify for this principal reduction. Hopefully there are a variety of Seattle owners in that twenty percent who have been not directly effected by this settlement. If you are currently underwater this settlement might help you out however a short sale may be your best choice in the long run.

This was a really brief clarification of the Bank of America settlement and you probably have any questions about it, or the short sale process, please give me a call or stop by our places of work today. Thank you for your time and I look forward to hearing from you soon at Seattle’s leading short sale specialists at Pickett Street Properties.

For more information on short sales and how to avoid foreclosure, or you can also and get started today.

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New Agreement May Help Bank Of America Clients Who Are Underwater

Tuesday, May 1st, 2012

Hello everybody Jesse Moore here with Pickett Street Properties, where we are redefining real estate in Seattle, thanks for testing my weblog today. Our team of short sale experts is dedicated to helping Seattle area homeowners avoid foreclosure and I use my blog to share my data on up to date Seattle short sale news. In case you are behind on your mortgage, or already contemplating a short sale, please stop by my web site or contact me at present to discuss your choices for avoid foreclosure.

For my blog immediately I wanted to go over the recent settlement involving Bank of America and the issue of robo-signing on some loans. We’re finally beginning to get more details and there are more lenders concerned than simply Bank of America. The five largest lenders within the nation have settled with the federal government and agreed to offer principal reductions as much as one hundred thousand dollars. There are some guidelines sadly and the most important one is that your loan cannot be owned by a government entity reminiscent of Fannie Mae, Freddie Mac, or the FHA. This means out of all Bank of America mortgage holders may be twenty percent of them would qualify for this principal reduction. Hopefully there are a variety of Seattle owners in that twenty percent who have been not directly effected by this settlement. If you are currently underwater this settlement might help you out however a short sale may be your best choice in the long run.

This was a really brief clarification of the Bank of America settlement and you probably have any questions about it, or the short sale process, please give me a call or stop by our places of work today. Thank you for your time and I look forward to hearing from you soon at Seattle’s leading short sale specialists at Pickett Street Properties.

For more information on short sales and how to avoid foreclosure, or you can also and get started today.

But I also know that it hasn’t always been easy for you and mom, and that as excited as you both are about that new puppy, it doesn’t make up for watch all the time we’ve been apart