Houston TX – We recently send everyone in congress a fax about a certain large bank. They had done a lousy job on a short sale file. We waited 90 days for an answer on an offer.

Get my Free, Step By Step Loan Modification Guide by clicking here.

The buyer got impatient and walked. Fortunately we had a backup buyer. Instead of using the BPO that Freddie Mac paid for and reviewing the new offer, the negotiator closed the file.

Freddie Mac, the owner of the loan, stands to lose $75 spent on the BPO and 90 days worth of interest. We estimate Freddie’s loss over the delay to be around $1,249.

Rather than just sit here and take abuse, we decided to stand up for ourselves. We found the entire list of fax numbers for congress, typed up a fax, and sent it out.

If you loan mod is taking too long, then fax everyone in congress. Most many loans are federally insured or guaranteed. Examples are loans owned by Fannie Mae or Freddie Mac or insured by FHA, VA, and USDA.

Uncle Sam is the backstop for a huge percentage of American Home Loans. That leaves these banks and servicers open to huge liability.

If they mess up on a federally owned or insured mortgage, they are causing Uncle Sam to lose money. Send a fax and contact your congressperson and/or senators and let them know what is happening.

Thinking about a loan modification?Our Houston loan modification kit will show you how to reduce your mortgage payment, keep your home, and get back on your feet. Send me an e-mail at soldbymichelle@gmail.com to request a Free Copy.

Or, click here to request a copy.

Thinking about a short sale? I can help you short sale your property so you can move on with your life. Send me an e-mail at soldbymichelle@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 832-274-5007

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thanks for reading this, Michelle Gonzales.

Michelle is a Real Estate Agent at RE/MAX 360.

Phone: 832-274-5007. soldbymichelle@gmail.com.

“Educating the Homeowner, One by One!”

View My homes for sale at www.yourhoustonhomesource.com.

Michelle Gonzales specializes in loan modification assistance and short sales in Houston Texas. Houston Loan Modification Help, Houston Short Sales. Houston Short Sale Realtor Houston TX Short Sales. Houston Realtor.

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