RE: FDIC Pays Bank to Foreclose !
One West Bank has an agreement with the FDIC that the federal
government
would cover 80% of the actual loss on the sale of any asset if, and
only if, that
loan went to foreclosure. This is Contra-Indicative of our Current
Administration's
Newly Created Programs to HELP & ASSIST Home Owners with Loan
Mods ! ! !
Go Figure ! Our Government Dollars at "Work" !
Read More about this Insane "Deal" Now at:
http://Groups.Google.com/group/ShortSaleBuyingExperts/web/FDIC.Pays.Bank.to.Foreclose.pdf
At the End of this Article by Larry Hotz, a Denver Real Estate Agent
since 1978,
You WILL Find TWO GREAT COMPLIMENTARY VIDEO LINKS That Answer:
Why is it so Hard to Get a Loan Modification?
ANSWER:
There’s TOO Much Money to be Made by Banks on Short Sales &
Foreclosures!
DISCOVER "WHY" Loan Mods Are NOT Working NOW at:
http://Groups.Google.com/group/ShortSaleBuyingExperts/web/FDIC.Pays.Bank.to.Foreclose.pdf
These 2 EXCELLENT VIDEOS ON This Subject…by: Brian Stevens & Frank
Garay
of TBWS Daily DESCRIBE IN PLAIN ENGLISH:
1. The One West / IndyMac Sweetheart Deal
Those IndyMac boys were given deal by the FDIC, and borrowers were
strong-armed.
2. Why is it so Hard to Get a Loan Modification?
These Guys (From TBWS Daily News) May JUST Have "the" Answer !
It's strange how you have the Government allowing lenders to "modify"
borrowers loans
into payments that they can afford in an effort to boost the industry
all the while to prevent
foreclosures/short sales from occurring. Yet, less than 10% of all
Loan Modifications
actually get approved. WHY IS THAT? You won't believe the sweetheart
deal that the
IndyMac boys were given by the FDIC. It may make you very angry to
realize the truth.
Get the Video Link to these Two GREAT VIDEOS NOW at:
http://Groups.Google.com/group/ShortSaleBuyingExperts/web/FDIC.Pays.Bank.to.Foreclose.pdf
And BE Sure to SHARE this Article with everyone that you know.
Let everyone know where the REAL problems lie.
Hope this Proves Enlightening ... But Don't Allow Yourself to Get
"Peeved" Off:
USE THIS ENERGY & INFORMATION TO GET MORE TRANSACTIONS DONE !
Your Group Moderator
REMEMBER TO INVITE OTHERS TO JOIN YOUR GROUP NOW at:
http://Groups.Google.com/group/ShortSaleBuyingExperts/members_invite
KNOW a REALLY GREAT REALTOR That IS Aware of What is REALLY Going On?
Invite them to Visit:
http://BUDurl.com/realtorsurvey NOW ! ! !
--
Hope You FIND this Info and Your Group HELPFUL,
Steve:Weber
931-668-8080 OFC
615-815-4041 Cell
888-815-2747 FAX
ShortSaleB...@gmail.com
P.S. Your Participation and Contributions Are Welcomed
Please SEND them to me at Email Address Above ! !
You Received this message because you are subscribed to
the Google Groups "Short Sale Buying Experts".
To Post to this Group, Send and Email to:
ShortSaleBu...@GoogleGroups.com
For More Options, Visit this Group at:
http://Groups.Google.com/group/ShortSaleBuyingExperts
To Invite Friends & Associates to Join Group, Go To:
http://Groups.Google.com/group/ShortSaleBuyingExperts/members_invite
To Unsubscribe from this group, Send an Email to:
ShortSaleBuyingEx...@GoogleGroups.com