subject: Sarasota Foreclosures - Secret Loan Mod Weapon! [print this page] Sarasota foreclosure prevention requires powerful LOAN MOD weapon to save Tampa couples home from foreclosure. Discover the one secret weapon Jamie & Chris Gettner of Tampa, Florida, utilized to persuade Well Fargo to approve permanent loan modification.
If you or someone you know is facing foreclosure and desperately needs to save a home, ask your attorney about forensic and compliance. If your attorney lacks understanding of forensic and compliance audit, work with people who possess proven experience dissecting your loan docs.
Jamie & Chris just knew they were going to lose their home. They thought they were doing everything they should be doing to save their home. For 6 months, they fought Wells Fargo for loan modification. For 6 months, Wells Fargo stalled, lost paperwork, passed Chris around from person to person, extension to extension.
By now, its no secret: defaults and foreclosures are exploding. Loan modifications are failing...forcing hundreds of thousands of families out of their homes. Perhaps to no taxpayer's surprise, the $35.5 billion allocated toward foreclosure-prevention as of December 2009 has helped ONLY 66,500 homeowners receive permanent modifications, with another 787,200 homeowners in trial modifications.
Unfortunately, defaults continue in record numbers. Earlier this month, RealtyTrac, the online tracking service of foreclosed homes, reported that foreclosure filings surged to a record 3 million in 2009, up 21% from 2008.
For six long, worry-filled months, Jamie called and faxed...called and faxed Wells Fargo. Each phone call caused more anger and frustration. Fed up with waiting and uncertainty, Jamie & Chris chose to pay for a Forensic & Compliance Audit of all their mortgage loan documents.
The Forensic Audit Consists of a Complete intake interview with all parties on the mortgage, Complete loan document and disclosure audit by staff attorneys and CPA'S to find Violations of the Truth In Lending Act ( TILA ) and Real Estate Settlement & Procedures Act ( RESPA ). According to reports, a staggering number of loans written between 2002 to mid 2006 includes violations, perhaps even predatory lending violations.
The audit also examines loan terms and Annual Percentage Rate (APR) for possible TILA violations. These violations turn in to leverage against the mortgage lender to modify the borrower's loan.
In just a few days, the auditor informed Jamie & Chris of 9 violations and evidence of predatory lending. I'm not surprised, though Jamie & Chris were surprised. Guess what happened next? Wells Fargo stumbled over itself to approve a better than expected loan modification.
For Jamie & Chris a Forensic Audit proved to be more than worth the money they invested. For 6 months, Jamie & Chris stood among 787,200 homeowners hoping & praying they wouldn't lose their homes. Only when they chose Forensic Audit did Wells Fargo approve permanent loan modification...no trial modification.
Forensic & compliance audit might be the tool you need to encourage your lender to work with you. Your next challenge is to find someone who really can help you with this audit. Unfortunately, many opportunists jumped on the bandwagon, referring people to companies that ran off with their money. At last, I have discovered a couple places (one law firm and one company) with a solid track record. Call or email me for contact information.
Truth in lending (TIL) and Real Estate Settlement Practices Act (RESPA) violations go unchecked in most mortgage paperwork, enabling some homeowners to get kicked out of their homes. I've read reports suggesting 80-90% of all "exotic" loans underwritten during 2002-2006 include violations.
Sarasota foreclosures troubled homeowners welcome secret weapon forcing banks to modify mortgages & avert foreclosure. If you or someone you know is facing foreclosure, please contact me now. Further, if you or someone you know wants to buy or sell a house in or around Sarasota, Florida, please contact me. The 40-50% discount youre seeing off 2006 home prices does not guarantee a deal.
