Comments on: Beware the Bandwagon!

By: Ben Nicolas

Ben Nicolas — Wed, 29 Apr 2009 07:40:22 +0000

Re: requiring a licensed attorney to negotiate with the bank: How does hiring an attorney who specializes in say “Environmental Law” or “Personal Injury” benefit a client as opposed to hiring a licensed Mortgage or Real Estate broker that battles with Loss Mitigation & Asset Managers on a daily basis, working short sales/loan mods and has years of experience qualifying homeowners and intimate knowledge of local RE values? In my state, CA, what most attorneys are doing is essentially renting their license to out of work, unlicensed ex sub-prime Loan Officers. I’ve heard that the CA state bar is going to start cracking down on this loophole being exploited by way to many attorneys to enable RE & Mtg brokers to circumvent the CA Foreclosure Consultant laws which prohibit taking up front fees from homeowners with a recorded NOD.

By: Brandie Young

Brandie Young — Thu, 09 Apr 2009 23:23:48 +0000

Hi Mark – it is timely, and I think a topic we will see a ton of discussion around in coming months…

Missy – I can’t imagine what a pain that must be! In talking with Cynthia for this article I couldn’t believe the level of detail! Ugh.

Hi Bob – thanks for chiming in here. Re the legal comment, that’s what I understood from Cynthia Mitchell. Though I didn’t dive too far into it, she stressed the importance of licensed legal professionals. Time will tell how these mods will go.

By: Beware the Bandwagon! « BrandieYoung’s Weblog

Beware the Bandwagon! « BrandieYoung’s Weblog — Wed, 08 Apr 2009 22:30:49 +0000

[...] Read the rest of this post on AgentGenius [...]

By: Mark Eckenrode

Mark Eckenrode — Fri, 27 Mar 2009 04:25:44 +0000

@brandiei you're welcome. it's a shame so many will get taken to the cleaners by loan adjustment weasels http://bit.ly/1apnmL

By: Bob

Bob — Fri, 27 Mar 2009 03:47:17 +0000

After July 1st in California, most of the people doing loan mods today will be breaking state law.

That said, depending on the lender, there isnt much negotiating that can be done. It’s their call.

By: Missy Caulk

Missy Caulk — Fri, 27 Mar 2009 03:02:32 +0000

I’ve been helping a few clients with loan modifications that they were unable to get any attention from the home sellers.

In both cases the homeowners were responsible, intelligent folks who did not buy over their price range.

Both lost jobs, or one partner did.

It is a real ordeal dealing with Authorization forms faxed multiple times, waiting a week, then being told they never got it but yet I have the fax confirmation sheet.

errrrr….

By: Mark Eckenrode

Mark Eckenrode — Thu, 26 Mar 2009 20:06:29 +0000

looking to get your home loan modified? @brandiei has some timely tips on how to avoid the charlatans http://bit.ly/JJtSN

By: Walid Muhammad

Walid Muhammad — Thu, 26 Mar 2009 18:35:19 +0000

Reading: "Beware the Bandwagon!" (http://twitthis.com/met9rn)

By: sheilabragg

sheilabragg — Thu, 26 Mar 2009 18:25:04 +0000

Beware the Bandwagon!: Get out of your feed reader and comment on this post- we PROMISE that the ShamWow guy won.. http://tinyurl.com/dnk9to

By: Tommy

Tommy — Thu, 26 Mar 2009 18:22:23 +0000

Interesting: Beware the Bandwagon! http://tinyurl.com/dnk9to #journalist reporting

By: Real Estate Feeds

Real Estate Feeds — Thu, 26 Mar 2009 18:17:38 +0000

Beware the Bandwagon!: Get out of your feed reader and comment on this post- we PROMISE that the ShamWow guy won.. http://tinyurl.com/dnk9to

By: Mark Eibner

Mark Eibner — Thu, 26 Mar 2009 18:16:54 +0000

we're at it again Beware the Bandwagon!: Get out of your feed reader and comment on this post- .. http://tinyurl.com/dnk9to

By: Mark Eckenrode

Mark Eckenrode — Thu, 26 Mar 2009 16:07:09 +0000

i can’t think of a more timely topic for folks. great job, brandie