John and Melanie’s Foreclosure Workout – Didn’t Work Out
From 2004 to 2009 John and Melanie were your neighbors. Like
you, in 2009 they were struggling to make their mortgage payment each month.
In fact, some months they added as much as $1,500 to their credit card debt just
to have enough to make [...]

Most people hate negotiating! Do you? Some people are actually good at it, but most people aren’t. And, most of us do not like doing it at all. But, when your home is at stake, like when you are negotiating with the bank for a loan modification or other workout solution…it’s [...]

If you’re reading this post, the housing crisis has gotten your attention. In fact, it’s likely that the crisis has become “personal” for you.
If you are one of the almost 100,000 Californians who received a Notice of Default in the past month, you are dealing with some strong emotions like fear, [...]

Foreclosure, California Style

Now that you received the Notice of Default, you have started into the non-judicial foreclosure process. Most of you are learning about the foreclosure process for the first time – up close and personal. You need to know how the process works and how you’ll be treated. This [...]

 
Here are my tips for negotiating.  And these, you know, really I got to say, I mean, I don’t mean to brag but I’ve been negotiating all my life and I’ve gotten pretty good at it.  I was a career marketing and business development guy with a high technology firm and have been negotiating real [...]

 
How to escalate using a QWR, and do it diplomatically

 
Question: “Okay”, Tina wrote, “I heard you say that you recommend asking five times when you think you are getting wrong information.  Well, then what?  I still am being told that our application does not qualify for the Obama program and I think that it does.”  [...]

 
I no longer need help!

 
The Tim says, “My wife and I applied for a modification in January and still not gotten a response.  We have not paid the bank any money since we sent it in since January and now I got called back to work.  So my finances are different than when we apply.  [...]

Sometimes the questions you don’t ask are the ones that really perplex you. Sometimes it’s embarrassing to ask certain questions – sometimes you just do not think of the question at the right time – whatever. That’s why these Q & Q sessions are so helpful. We gather online each week to answer questions about [...]

Ryan Rockwood:  All right.  Take two.  This is the Loan Modification Insider Secrets Teleconference.  Thanks for bearing with us, folks.  That’s all I’ll say.  We don’t need to go with the announcements again.
Mike Rockwood:  You know what thought?  We’re here to beat the bank.  And did you know that we’re not lawyers or tax accountants?
Ryan [...]