Wells Fargo to hold workshops in Arizona on loan modifications

by Moe Bedard · 1 comment

in Home Loan News

Wells Fargo is offering a sit-down with a loan-modification specialist for its Arizona customers struggling to afford their mortgage payments.

The lender’s Home Preservation workshop at the Phoenix Convention Center is open to borrowers today and Thursday.

Wells Fargo has brought in hundreds of employees to work with borrowers. By Tuesday, 1,000 homeowners with Wells Fargo mortgages had already signed up for appointments.

Read more from AZ Central

{ 1 comment… read it below or add one }

1 Mark G Cooper September 10, 2009 at 6:33 am

My Fellow Arizonans,
My company is beng backed by close to a Billion Dollars to bring to the surface an new concept which allows the original homeowner to stay in their home, after they short sale the home to an sequence of investors, 1st investor purchases it from your original bank and 2nd investor which wants to hold the property and rent it. You, the original property owner, do not have to move but rent you home, without the “Toxic” loan on your back. Why, would you want to get rid of an Loan you can not Afford? Why would you want to get rid of an Loan you are Up Side Down on and you will not get Right Side Up on? Why NOT?
The Banks are truly hoping you do not realize that you are in an Loan which you can not afford, that you are so far up side down in that you will never get even and that you never find out that they, The Bank, will allow 95% of all people to Short Sale, to allow us to settle your Mortgage Loan, for whatever an short sale will bring but you do not have to move, you can rent your home, from an 2nd Investor. Why, the 2nd investor, because the Bank places restrictions on the first investor, that the 1st Investor can not rent the home to the original home owner however once the 1st Investor sells the home to an 2nd Investor without those restriction in the sales agreement, the original homeowner can rent.
Now, lets talk about why, you would want to rent, your own home from an 2nd Investor.The 2nd Investor wants you to rent and then when you can afford to purchase property again, by getting to the point again that you can settle your current unsecured Debt and have some one Restore your Credit, then you could apply for another Loan, a New Loan, for an Home which is marketed for Current Market Value, not associated with an Up Side Down Loan.
So, lets re state the sequence that my company specializes in,
1) Qualifies you to your Bank for an Short Sale through HardShip
2) Acquires an Cash Purchase through an 1st Invester
3) Acquires an Cash Purchase through an 2nd Investor
4) You, stay in the home renting at current market rental fees
5) You, settle your outstanding unsecure debt
6) You, restore the damage to your credit
7) You, apply and get an new home loan
8) You, use the new loan to re purchase the home you now rent
9) You, purchase the home you now rent with a New Loan
10) Your new home loan is not Up Side Down
11) You can now afford the payments for your Home
12) This process takes more than 26 months

That is what we do, we do it without Contracts, we do it for you, we help you through this process, the sequence is followed, precisely and you must do it exactly as we tell you to do.
The process cost you nothing out of pocket except for the Rental FEE you must pay for monthly rent, the cost to restore your credit and the cost of settling the unsecured debt, which when all this is done, you may qualify for an New Home Loan to purchase the home you currently rent which just happens to be your currently owned home but with another loan you could not afford and that you were Up Side Down in.

It is up to you, stay in an home loan which you are Up Side Down in, one that you can not afford to keep or the sequence above which we specialize in and we assist all Ameericans in doing, without Cost to you, which will it be? A Loan Driving you to Bankruptcy? Or a Loan which takes you willing to let your Deed of Trust change hands, for you to rent your home long enough to settle outstanding debt and clean your creidt then get another loan you can afford?
The choice is yours, if you choose the new sequence, we are here to help, for FREE!

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