Short Sales & Loan Mods

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Comment by Kathleen A. Scanlon, Esq. on July 19, 2009 at 10:52pm

Many real estate professionals may not be aware, but attorneys are prohibited from fee splitting with non-lawyers. This has become a hot topic in the area of loan modifications. Many loan modification companies look to align themselves with attorneys for several reasons including legitimacy and to evade local laws against collecting fees upfront etc. The ABA recently featured at article, Working With Foreclosure Consultants Can Get a Lawyer Burned, which addresses these issues.

Comment by Kathleen A. Scanlon, Esq. on December 5, 2008 at 1:41pm

Make sure you read my blog post about the FDIC and "Loan Mod in a Box"!

Comment by Lakesha Clark on August 14, 2008 at 4:48pm

Hello to all....My company Lamarque Capital Real Estate Corp. specialize in loss mitigation(shortsales and loan modifications). I basically assess my cleints to get an analysis that best fits there needs. Im located in Baldwin, NY .I also list , sell and manage properties for investors and sellers who need a flexiable realtor. Please feel free to contact me for any information you may need. Looking forward to hearing from you all...this site is a great way to network , THANKS!

Comment by Michael Dacko on June 25, 2008 at 11:56am

My main form of business are my signs out in the streets of Queens, Brooklyn, and Nassau County. Lately, I haven't been getting too many calls from homeowners in foreclosure even though i KNOW they are out there. I was getting so many calls in the winter & spring, but now I'm not getting anything? Where can i find more business for short sales!?!?

Comment by Kathleen A. Scanlon, Esq. on June 24, 2008 at 7:34am

As our clients well know, we negotiate short sales, loan workouts and modifications and assist our client investors in their endeavors in this regard by reviewing packages, supplying preliminary HUD-1s etc.

Comment by Sal Trapani on June 24, 2008 at 12:44am

Just to start this comment board, my company, CloseMore Financial Corp. specializes in the negotiations of short sales and loan modifications.....should anybody have any clients they would like to refer to us, by all means, feel free to contact me.....