December 2009 Entries

Foreclosure Crisis & Government Involvement

  The Route To Foreclosures My name is Freddie and I am the founder of Freddie Colon Rodriguez, LLC also known as Innovate Investments.  The purpose of  this blog is to inform and educate you the home owner about our company and some of the alternatives we may offer you when possibly facing foreclosure or can't afford to continue making the mortgage payments. One of the services we provide to the borrower (homeowner) is a FREE Forensic Loan Modification Audit of the mortgage loan and how the process went that will hopefully assist us in identifying predatory lendinc practices conducted by some of these lending institutions and its representatives.  Our...

NEW FEDERAL TREASURY GUIDELINES HELPS SHORT SALES

 Short Sales new Federal guidelines supposedly is to have a beneficial effect on the metropolitan Chicago real estate market, according Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network. The long waits caused by short sale transactions that have made some agents not to want to show their clients short sale houses and buyers reluctant to consider homes that would involve that type of transaction. Short sales occur when a lender accepts the sale of a home at a price less than the actual amount owed on the mortgage. Homeowners eager to avoid foreclosure often try to complete a short sale of their property. As...

FORENSIC LOAN MODIFICATION AUDIT

Hello Everyone! It's been some time now since I last had something to tell the group. Today I am happy to announce that Innovate Investments has officially affiliated with Loan Repair & Rescue in an effort to extend our services to homeowners further and help them by offering to conduct a FORENSIC LOAN MODIFICATION AUDIT. Our staff has been completely trained and well educated by a the legal attorneys specialized in this field to better enable us to identify and reach our #1 goal of the mortgage audit.  That is, to determine whether there were violations of FEDERAL & STATE LAWS, R.E.S.P.A., T.I.L.A.,...

Walk-Away’s…Mentally Retarded or Financial $tupid? | Straight Suicide

This is the deal here…according to the professor you're about to watch...not only is, in my opinion, a bad advise but the wrong way to go about it when it comes to facing foreclosure…but, now doing a strategic default (short sale or foreclosure) is seen as being financially smart…It is this the reason why we started a homeowner service at NO COST TO THE HOMEOWNER...The Forensic Audit is our option when other options (foreclosure) are not an option.   To learn more about our Forensic Loan Modification Audit service, give us a call at (347) 240-8998 or send us an email to bori1033@hotmail.com. Remember,...

NEW U.S. TREASURY DEPARTMENT SHORT SALE GUIDELINES

Attention!  New Short Sale Changes From U.S. Treasury Department   Hi Everyone!   Thank you for stoping by and reading some of the new information regarding Short Sales and how they pertain to us, the investors and everyone else dealing with Short Sales.  Before we go on, I want to make everyone of you aware that by no mean am I intending to present this as anything legal or illegal.  I am just paassing on the information as I get it.   Las month I sent many of you a link for a 90 minutes Short Sales Teleconference Call giving you heads up about some of these...