Perla Part II

I have spent the last 2 weeks on the phone with the bank. Yesterday I received the notice that the bank granted Perla a Modification through HAMP and that she will receive a package from FedEX within 40 days. She is to review the offer and sign off on it and send it in. This is VERY good news!

I was able to talk with the bank because Perla signed an authorization Release to talk on her behalf concerning her loans. They did not discuss the terms but were happy to give me names and ref numbers incase FedEx “loses” the package. However, I was ready to list as a shortsale and had a hardship packag eready if she were to be denied again. This was her third attempt. I will keep you posted on Perla.

PRESS RELEASE

FOR IMMEDIATE RELEASE

For more info
please contact:
Mark Anthony Ruiz
562-246-5200

Local Cerritos Agent Specializes in Pre-Foreclosure Solutions

Cerritos, CA – 06/10/2010 – Local real estate agent, Mark Anthony Ruiz of CENTURY 21 ASTRO today completed their Pre-Foreclosure Specialist Certification, or PSC, training and announced their intent to become a resource for Cerritos area homeowners in distress. This groundbreaking certification is the first homeowner-centric designation specifically aimed at avoiding foreclosure and completing a short sale. A short sale is when a lender agrees to take a loss on a particular property loan, allowing the homeowner and borrower a dignified way out and getting a new homeowner into the house, as opposed to foreclosing on the property and having it sit vacant for months.

“I obtained this certification with the community in mind,” Ruiz said. “When faced with a possible foreclosure, I’ve seen too many homeowners make poor choices, even walking away from their homes without so much as attempting to contact their lender or real estate agent. These people had no idea about the options available to them.”

“I want to help the people of Cerritos make informed decisions about what to do when in foreclosure or behind on one’s mortgage.”

Mark Anthony Ruiz of CENTURY 21 ASTRO is the latest certified agent with PartnerFirst’s PSC designation, which is sweeping the country and making real estate agents everywhere a vital resource to their community and homeowners.

Son Nguyen, co-founder and COO of PartnerFirst, based in Corona, California, said that too many homeowners in foreclosure or behind on their mortgage payments are moving forward without assistance of any kind.

“PSC Certified Agents are helping distressed homeowners understand that there are alternatives to foreclosure,” Nguyen said. “Mark Anthony Ruiz has been trained to help homeowners avoid foreclosure with a full host of options, advanced training, and a homeowner-first method that will make hima vital resource to their community.”

The PSC designation provides real-estate professionals with the latest in cutting-edge training on everything regarding short sales, including the most up-to-date information on government legislation such as HAMP and HAFA as well as advanced negotiating and marketing techniques. PSCs are quickly becoming an important fixture in any community where foreclosure is looming over homeowners.

Please visit www.PartnersFirst.org

Take a name and an ID number, Perla’s story part 1…

I met with Perla today…

She is a homeowner in trouble! Three months after a diagnosis of colon cancer she lost her beloved husband. After the devestating loss of her husband, Perla faced another challenge that may as well have been as tough as the diagnosis of cancer. Perla was losing her home. Like many homeowners that are in trouble, Perla decided to consult a law firm to help her modify her home loan. Last June she paid 4,000 dollars to a law firm to help. The very same law firm who said they could stop the predatory lender aka the bank quickly turned into a predator themselves.

When I sat down with Perla as part of a community outreach program to help her communicate with the Loss Mitigation dept. It was apparent the lawfirm was not working in her best interest. We found out that the law firm had indeed faxed the paperwork (hardship package) to the appropriate department. However, IT WAS MOSTLY BLANK!

After two hours of communication between Perla, the Loss Mitigatgion department and myself, we were able to negotiatie an extension so Perla could the package sent to her home address and get some time to fax to the 800 number. I will keep this blog updated with Perla and her story.

If you are having problems with your home loan or feeling that the process is never ending, there are outreach programs that can help troubled homeowners navigate the waters. There are now rules and regulations that now protect homeowners.