Predatory Practice Help Needed!!!
By Donna Oehler, A.V. Foreclosure Specialist
(Realty Executives Platinum)
Hi there AR Community! I had a panic phone call today from a very nice gentleman who has two investment properties that he purchased two years ago that he is about to miss a payment on. He called me asking if I could help him with a short sale.When we met at my office I asked him the usual battery of questions I ask to screen to see if the short sale would even be a good option for him. After a few moments I told him that I would first like to try to work out a loan modification to see if we could try to keep his excellent 765 FICO score in tack.After looking at his paperwork I believe that he has fallen victim to some of the predatory lending practices that have been out there. He is a very nice Hispanic man who speaks broken English and seems to be very trusting. I believe that he...
Comments
6