Reports
Articles
Lenders Pay YOU!
•Wells Fargo's incentive offers range from less than $3,000 to $20,000, spokesman James Hines says. B of A, Chase, Citi....
Short sales, even with incentive payments to borrowers, can save lenders money compared with the expenses involved in completing foreclosures....More...
HAFA Update!
On Aug. 9, the U.S. Department of the Treasury released Supplemental Directive 11-08: Home Affordable Foreclosure Alternatives Program (HAFA) - Policy Update containing updates to the program. Bank of America fully implemented these changes effective Oct. 15.
Policy enhancements impact agents and borrowers:
An FAQ clearly defines program criteria and rules.
Borrowers can ... More ...
10/17/2011
How Does a Short Sale Work?
Check out the difference between an agent, investor, and someone who just takes classes ...
More...July 9, 2009
10 Things to consider when buying a home.
Make sure you look at these 10 things carefully before you make that (emotional) buying decision.
More...July 9, 2009
Short Sale without missing payments?
You can short sale without missing mortgage payments if...
More...Mar 16, 2009
Is it possible to sell without tax consequences?
Review of the current status of the Mortgage Debt Relief Act of 2007.
More...Mar 16, 2009
Short Sale and the 1099-C
The answer to a common question about the 1099-C
More...Oct 24, 2009
How does a Short Sale work and What is the Short Sale process ?
Often we get asked how a short sale works and what the process is like. In this article we will go in depth of...
More...
Oct 23, 2007
About Us
MetroCal Properties has created a team of professionally trained Real Estate Agents that specialize in facilitating .Loan Modification Assistance and Short Sale transactions. Why is it important to work with some- one that specializes in handling these types of transactions? Homeowners and Investors that try to do a Loan Modification or Short Sale directly with the lender have a 80%+ FAILURE rate. That means a Homeowner or Investor will only get 1 or 2 out of every 10 deals to work.
Most agents don't have much better results. Our team has a 94%+ success rate when it comes to closing Short Sale transactions and a proven track record with assisting homeowners looking for Loan Modification. Our incredible results stem from our team of professionals with over 20 years combined experience in Short Sales.
We choose our battles, verify our clients financial positions and know what the bank wants to see and what they will accept. We analyze each person's situation and have a company policy that keeps our success rate so high - - - - If we know the Short Sale will not be accepted, we won't work with you and waste your time and ours. We don't want to give you a false sense of hope. You must qualify for our services before we will begin to work with you. Call us today if you are in a situation where you have No Equity and you want to see of you qualify for our services.
Loan Modification can be successful for some homeowners, but you must know what to tell the bank, just how much information to hand over and be sure you are in the winning position that will work for your family not the banks... We know what the bank is and is not looking for. By assisting you in the 1,000's of pages the bank will be requesting and only giving over those that will help your cause, you have a greater chance of being the one in a thousand who will be granted a loan modification in 2011.
Call us, our services are FREE of charge, we only want to assist as many homeowners as we can to stay in their homes, or make the most profound financial decision regarding your finances to date. Your options, your choice!
“With over 7 properties that were upside down, the wife and I decided to give them back to the bank, MetroCal showed us how and now were buying again! Thank you!” - Rick & Silvia B.
the Negotiators
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More Reports
Bank of America Forms Toxic Loan Unit...
Bank of America said Friday that it would create a unit to handle 1.3 million soured mortgages, as Brian Moynihan, the bank's chief executive, steps up efforts to distance ....More
Foreclosure More Likely Than Modification...HAMP says...
The latest Federal Housing Finance Agency (FHFA) report on foreclosure prevention and refinance activity contained some hopeful signs, but financially...More
JPMorgan aims to make amends with military clients...
... on Tuesday announced new programs geared toward military customers and veterans, and apologized for overcharging thousands of active-duty service members on mortgages and improperly foreclosing...More
Fannie Mae Announces 3.5% Buyer Assistance on REO Properties
...Washington, DC — Fannie Mae announced today that people purchasing a Fannie Mae-owned HomePath property will receive up to 3.5 percent in closing cost assistance. The initial offer must be submitted on or after ... More
