SELL Your UNDERWATER Mortgage and Get CASH

Most critics say not possible! Well not so fast, this is a evolving market and the game has changed. The question is--will YOU take advantage of it?

The Primary Focus Give Options to Homeowners Who Are Having Difficulty With Their Home Using TRADITIONAL Methods of Real Estate Services. 

Are you a homeowner who is facing financial difficulty and considering a short sale? Is your home currently underwater? If so there is help. I am affiliated with a company, Golden Gate Funding, LLC, they purchases distressed mortgages from a variety of different lenders across the United States.  By doing this Golden Gate Funding becomes the lender and can help the homeowner with their distressed property.

Some Benefits of Using Golden Gate Funding, LLC

1. We do not issue a 1099 on the first lien.

2. We waive the deficiency on the first mortgage

3. You can walk away from their debt obligations as well as settle additional liens.

4. Original loan is “settled in full” on your credit report

5. Avoid foreclosure

6. If you have no other liens we can get you cash on the property

7. Faster than a normal short sale

8. Better than a loan modification

FREQUENTLY ASKED QUESTIONS

Q.  How long will this take? 

A.  Usually it takes 30-60 days to get enough files so that we can submit a package to the lender.  Once enough files are obtained it takes our attorney’s 60-90 days depending on the lender to negotiate the note purchase.

Q.  How many files does Golden Gate Funding need to submit? 

A.  For lenders like Bank of America, Wells Fargo, and Chase we will need 30 while for most other lenders we will need 10.  In some cases we may look at singles. 

Q.  Which lenders does Golden Gate Funding work with? 

A.  Bank of America, Wells Fargo, Citibank, Chase, Select Portfolio Servicing, Litton Loan Servicing, IndyMac, BB&T, American Home Mortgage Servicing, SunTrust,  Ocwen, Regions, Fannie Mae, Freddie Mac, GMAC.   We can also work other lenders in certain other situations. 

Q.  Why do you need my social security number? 

A.   In order to make sure we are purchasing the right note, lenders will ask for this to process the file.

Q.  When will I have to leave my home? 

A.   The property will need to be vacant before we buy the note.  We can give a maximum of 30 days or a minimum of 7 days.  We will let you know as early as we know the note purchase will go through.

Q. How do I know this is not a scam? 

A. There is no cost up front.  We don’t make any money unless we are able to purchase the note.

Q.  Can I keep my property? 

A.  Yes, as long as you have proof that you can payoff 85% of the current market value that we determine.  This can be through a conventional loan with another lender or savings that you might have in an account.  Let us know and we can prepare that paperwork.

Q.  What if I want to stop the note purchase? 

A.   It costs us $2000 per file with our attorney to do the note purchase.  If we have begun negotiations and paid this fee then you will need to pay us that money back to cancel the note purchase.  If we have not begun then let us know and we can stop the file. 

Q.  What if my house needs repairs? 

A.  Repairs can’t be more than 10% of the sales price.

Q.  What if I am currently in bankruptcy or in the process of a loan modification?  

A.   For us to negotiate then they will have to been discharged or completed. 

Q.  What if my home is currently rented?

A.  We can work with you, but will need to see the lease in order to see if there is an “out” clause to have the tenant removed.  We would also want to see proof of where the security deposit is held. 

Many Americans are dealing with distressed homes and they want to move on with their lives and relieve the anxiety. Are you one of them? Do you have friends and family who you know can benefit? Then give the gift of stress relief and throw in a SPA visit too if you need to! (smile)

Don't hesitate contact us today and a get a fresh start on life!!!