|
We are not in competition with hard money lenders and credit restoration is not our main business. If a distressed homeowner wants to maintain ownership of the home, we negotiate with the mortgage company to help the homeowner get caught up on the mortgage payments. If the homeowner, wants to sell and move on, we help them with that as well (short sale negotiation, investor referrals, etc.). That is what we do. I mentioned credit restoration because many of the homeowners that we help get caught up on their payments need to refinance sometime afterwards (because of adjustable rate mortgages, etc.). In that case, we may help restore their credit. If that particular customer was referred to us by a mortgage consultant, we refer the customer back to the mortgage consultant when the customer is able to refinance. However, credit restoration is not our main business and it is hardly mentioned on our website.
Victor Scott
ForeclosureHelpNetwork.com
|