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How To Hold Your Bank's Feet To The Fire

Friday, October 14, 2011   /   by Lynn Horner Baker

How To Hold Your Bank's Feet To The Fire

Cobb County & Marietta – Is your lender being unreasonable? Are they unwilling to let you short sale and walk away from the debt? Here is what to do.

Click here to discover how other sellers successfully did a short sale and avoided foreclosure.

First, you can make their failings public. Tell your story to your local newspaper, TV station, or radio station. You would be amazed at how fast you lender will backpedal in the face of bad publicity.

Here is an inside tip. Send a copy of your press release to the lender’s Media Relations Department. They are the people whose only job is to make sure no bad publicity gets out. They will pay attention to your story! One of my clients was at a stand-off with their lender and after their Media Relations Department received a copy of our press release, miraculously all agreements were confirmed and all documents processed. So this is a real part of the artillery, but only when all other efforts have been exhausted.

A second option is to file a rip off report. Go to www.ripoffreport.com and put in all the details. If you include the bank’s name, then it is likely to show up on Google when someone searches for that bank.

Thinking about a short sale?

I can help you short sale your property and get back on your feet. Send me an e-mail at Lynn@HornerBakerPartners.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail and answer any questions you may have. Or, if you prefer, you can call me at 770 579-4060

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Thinking about a loan modification? Our Cobb County & Marietta loan modification kit has the instructions you will need to get a loan modification approved with your bank. Click here to request a copy.

Thanks for reading this, Lynn Horner Baker.

Lynn is a Real Estate Agent and owner of Horner Baker Partners. Cobb County & Marietta Short Sales Realtor:

Phone: 770 579-4060. Lynn@HornerBakerPartners.com.

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