thanks Jay I will. Yes I gathered as much from the first lines at CHASE were entry level and did get to they're supervisor so thank you.keep ya posted!
you know the funny thing is i would have gladly paid the original payment but they offered me a lower intrest rate to knock a few hundred bucks of my monthly... but thank you for your kind words and advise.
I could use some feed back...I ask bank for a loan mod on my house which I paid 389k for and is now worth 300k.Bank grants me trial period of 3 months at reduced rate.I complete trial period and call to see what next.They say they are back logged so just keep making new payment amount.11 months go by and still no final.Get letter stating I missed a payment and the loan mod has been tossed out.I have records showing I have made all payements.They want me to go back to paying old bubble era payment and pay lump some including late fees ect to get current.What should I do?Thanks!
cash is almost always king but if someone is a qaulified buyer with a pre aroval letter and is ready to sign its all the same to me... if i am not getting any offers and some cash buyer comes along i may be ready to deal.
"Getting home prices back to normal in my neighborhood is the ONLY thing that will help me ever move up to a bigger home."I hate to break it to you....we are at NORMAL prices now!
I do not really believe in the bail outs 100%. 1/2 of me thinks we should just let the bottom hit on its own and 1/2 of me thinks that helping people stay in thier homes is right. I am kind of stuck between gloom and cheer on this issue.The fact is that we are in a bail out of sorts. The challange is going to be who is it actually going to help?
its kind of like the cash for clunkers program. it was a mild sucess and did in fact help the economy as well as just a great buzz work that people could get behind. they are i am sure hoping the same can happen here. no one should fool them selves into thinking this is the save all but make no mistake it will give it a push and that is what the market needs. i know many want to see it crash harder and are pissed that their tax dollars got involved.
i said its a great idea i did not say it would work.it will move the market the amount is yet to be seen.the 6500 is going to help to keep people from walking away from homes but i am not sure that was its sole purpose.its a great idea dispite what web chatters may want to think or say.
hey maybe next they will come up with a... "CASH FOR CLUNKER HOME PROGRAM"
the 8000 is to try and stimulate the economy and the 6500 is to try and keep owners from walking away. its a great idea and should help...