Tuesday, April 21, 2009
Friday, April 17, 2009
Short Sale VIP Seller Recovery Program
Here's how the VIP Seller Recovery Program works:
1. ZOOM! Loss Mitigation Specialists will automatically enroll the client in complementary credit counseling through the AAA Fair Credit Foundation as soon as the initial short sale submission package is received.
2. ZOOM! will negotiate the very best short pay terms and conditions on behalf of the client and their agent. This includes how the lender reports the sale to the credit bureau's.
3. ZOOM! Loss Mitigation will provide quarterly updates during the recovery program process to both the agent and to the client.
4. ZOOM! will notify both the client and their agent as soon as the client can qualify to purchase a new home.
Our goals:
1. Minimize the effects of the short sale on the clients personal credit.
2. Help the client position themselves to purchase a new home as soon as possible a the current fair market value.
3. Assist the client in qualifying for a new loan at a competitive low interest rate.
4. Create a long-term client/agent relationship.
More about the AAA Fair Credit Foundation:
Personal financial related issues have a tendency to damage lives and personal relationships. Everyone faces financial challenges in their life. If your client is experiencing financial setbacks or hardships, we strongly encourage you to refer them to a financial expert who can properly counsel them and help them work through their financial troubles.
AAA Fair Credit Foundation provides professional financial counseling and education by Certified Financial Counselors.
Your client will:
- Learn all of their options for getting out of debt
- Receive free personal advice on financial matters
- Participate in a free budget counseling profile analysis
- Learn tips on how to cut or lower everyday expenses
- Learn how credit scoring works and affect your loanability
- Learn credit building and rebuilding strategies
- Find out why filing bankruptcy does not solve everything
- Learn about the pros and cons of home equity loans
- Find out how to qualify for down payment assistance
- Learn about additional debt relief programs that may be available
- Learn about Consumer rights issues
Due to a large number of state law restrictions which explicitly prohibit paying any kind of bonus or other consideration to any person or third party for the referral to a non-profit credit counseling agency, AAA Fair Credit Foundation does not offer, pay or give any cash, fee, gift, premium, reward or other compensation to any person referring any prospective customer.
AAA Fair Credit Foundation will contact the client via telephone or email. When speaking with AAA by phone or in person, you can be assured that your information will be confidential, safe and secure. They place the highest emphasis on the protection of our customers' privacy and confidentiality.
The ZOOM! Loss Mitigation VIP Seller Recovery Program will begin helping your clients get back on the road to home ownership even before their home is sold.
Your client is our concern, help us help them by contacting our office today at 1-800-480-1917.
Find out more at http://www.ShortSaleRecovery.com.
1. ZOOM! Loss Mitigation Specialists will automatically enroll the client in complementary credit counseling through the AAA Fair Credit Foundation as soon as the initial short sale submission package is received.
2. ZOOM! will negotiate the very best short pay terms and conditions on behalf of the client and their agent. This includes how the lender reports the sale to the credit bureau's.
3. ZOOM! Loss Mitigation will provide quarterly updates during the recovery program process to both the agent and to the client.
4. ZOOM! will notify both the client and their agent as soon as the client can qualify to purchase a new home.
Our goals:
1. Minimize the effects of the short sale on the clients personal credit.
2. Help the client position themselves to purchase a new home as soon as possible a the current fair market value.
3. Assist the client in qualifying for a new loan at a competitive low interest rate.
4. Create a long-term client/agent relationship.
More about the AAA Fair Credit Foundation:
Personal financial related issues have a tendency to damage lives and personal relationships. Everyone faces financial challenges in their life. If your client is experiencing financial setbacks or hardships, we strongly encourage you to refer them to a financial expert who can properly counsel them and help them work through their financial troubles.
AAA Fair Credit Foundation provides professional financial counseling and education by Certified Financial Counselors.
Your client will:
- Learn all of their options for getting out of debt
- Receive free personal advice on financial matters
- Participate in a free budget counseling profile analysis
- Learn tips on how to cut or lower everyday expenses
- Learn how credit scoring works and affect your loanability
- Learn credit building and rebuilding strategies
- Find out why filing bankruptcy does not solve everything
- Learn about the pros and cons of home equity loans
- Find out how to qualify for down payment assistance
- Learn about additional debt relief programs that may be available
- Learn about Consumer rights issues
Due to a large number of state law restrictions which explicitly prohibit paying any kind of bonus or other consideration to any person or third party for the referral to a non-profit credit counseling agency, AAA Fair Credit Foundation does not offer, pay or give any cash, fee, gift, premium, reward or other compensation to any person referring any prospective customer.
AAA Fair Credit Foundation will contact the client via telephone or email. When speaking with AAA by phone or in person, you can be assured that your information will be confidential, safe and secure. They place the highest emphasis on the protection of our customers' privacy and confidentiality.
The ZOOM! Loss Mitigation VIP Seller Recovery Program will begin helping your clients get back on the road to home ownership even before their home is sold.
Your client is our concern, help us help them by contacting our office today at 1-800-480-1917.
Find out more at http://www.ShortSaleRecovery.com.
Sunday, April 12, 2009
New Address and Phone Number
We've moved our corporate office to:
7070 South 2300 East, Suite 110
Salt Lake City, Utah 84121
Toll-Free: 1-800-480-1917
Direct: 801-527-2011
Fax: 801-892-2203
E-Mail: ClientCare@ZOOMLossMitigation.com
Website: www.ZOOMLossMitigation.com
7070 South 2300 East, Suite 110
Salt Lake City, Utah 84121
Toll-Free: 1-800-480-1917
Direct: 801-527-2011
Fax: 801-892-2203
E-Mail: ClientCare@ZOOMLossMitigation.com
Website: www.ZOOMLossMitigation.com
Wednesday, April 1, 2009
How will a short sale affect your clients credit?
The credit consequences of a short sale are very different than that of a foreclosure. Typically a short sale will be reported on a homeowners credit as "settlement", "settled not as agreed", "short sale", "paid not as agreed". Any of these are far better than "FORECLOSURE"!
Due to the nature of a short sale the homeowner may have been in default (over 30 days late) at some point during the short sale process. A few late payments again is far better than the "F" word.
A short sale may reduce a homeowners credit score by 80-100 points. If a foreclosure is reported on a persons credit in can take 7-10 years to remove and can reduce a credit score up to 200-280 points and possibly eliminate a credit score altogether.
During the short sale process ZOOM! Loss Mitigation Specialists always attempts to negotiate the very best possible terms, conditions, and credit reporting status for the homeowner.
Please feel free to contact ZOOM! with any additional questions by calling 1-800-480-1917 or simply e-mail your question to Questions@ZOOMLossMitigation.com.
Due to the nature of a short sale the homeowner may have been in default (over 30 days late) at some point during the short sale process. A few late payments again is far better than the "F" word.
A short sale may reduce a homeowners credit score by 80-100 points. If a foreclosure is reported on a persons credit in can take 7-10 years to remove and can reduce a credit score up to 200-280 points and possibly eliminate a credit score altogether.
During the short sale process ZOOM! Loss Mitigation Specialists always attempts to negotiate the very best possible terms, conditions, and credit reporting status for the homeowner.
Please feel free to contact ZOOM! with any additional questions by calling 1-800-480-1917 or simply e-mail your question to Questions@ZOOMLossMitigation.com.
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