Please submit your name and phone number below, and we will personally call to help you by the next business day. Or, call 800-509-2770 for immediate assistance.
Privacy Policy: We will not sell or loan your email address or contact details to any third party ever.
Real Estate Marketing - Foreclosures, Loan Modifications and Government Bailout Plans - Part 3
This tax video content is not owned, reviewed or endorsed by Tax Help Attorney or Jeff Fouts and Associates, and is provided here for informational purposes only. A link to the original content appears adjacent to all videos if you wish to contact the author. Thank you.
realestatemarketingthisweek.com - Real Estate Marketing - Foreclosure rates on Forbearance Agreements done with banks reaches 58% - With Michael J Barnes and Dan Havey of Real Estate Marketing This Week Part 3 - In studio with us today on this fine New years eve is Dan Havey, the co founder of the modification hotline as well as the author of The Foreclosure Sharks a great white paper he put together. He is also the author of Real Estates Future and this segment we are talking about loan modifications and some specific information. You also have a great story to tell about this to. Well unfortunately I have too many stories about people who have had to go through foreclosures, bankruptcies, loan modifications. The one story I want to talk about real quick is a friend of mine who unbeknownst to me went out and did a loan modification on her own and not to get into a whole bunch of technical details on it she ended up getting a pretty decent interest rate because they actually cut her mortgage payment in half and she was pretty happy about that. She owed a little bit more than the house was worth, she wasnt terribly upside down, but by the time they got done with her she certainly was going to be because the modification, and actually I should not call it a modification, I should call it a forbearance agreement, what they did to her was to say, OK we will cut your interest rate in half, we will cut your monthly payment in half, but we will take all of that deferred interest ...
(Client’s IRS tax debt of $22,000 was settled for $2,900 payable over 24 months at NO interest)
I wanted to take this opportunity to thank you and your staff for helping me with my tax issues. Your assistance has removed the considerable stress associated with trying to communicate reasonable with the IRS.
As you know, I had accrued more than $22,000 in back taxes, interest and penalties. My health was deteriorating and my ability to work was limited. To believe there was a way, or even someone to help with this problem was waning away. I read about your services and quickly contacted your office. Your staff immediately went out of there way to answer my questions and make me feel as ease. Your call to me was reassuring that I had an opportunity to negotiate a reasonable settlement and stop the constant threat of financial ruin.
I especially want to commend Mr. Smith of your office for his understanding and commitment. He was very precise about the efforts ahead and willing to explain and answer any questions in the day-to-day activities of your process.
I would strongly recommend your services to anyone needing help with tax or other issues relating to the IRS. Please do not hesitate to use me as a reference.
