I just had a young girl come to my door who was on a Scavenger hunt. The conversation went like this.
Kid: Do you have any pumpkin seeds.
Me: No, sorry.
Kid: How about some nail polish
Me: Sorry, don’t have that either.
Kid: That’s ok, as she runs towards the neighbor’s house, thinking only of the prize she can win if she finds all the things on her list.
Now imagine if the conversation had gone like this:
Kid: Do you have any pumpkin seeds.
Me: No, but I have some used motor oil, you can have that.
Kid: No thanks. How about some nail polish
Me: Fill out this 5 page form and I’ll check with management and get back to you in 4-6 wks.
Kid: You are a nut case, as she runs to the neighbor’s house to talk to someone sane.
The second scenario is ridiculous, but that is how it feels when you are facing a Michigan Foreclosure and trying to get the bank to work something out with you.
Borrower: I would like to do a loan modification
Lender: Pay us an extra $2,000 this month and we’ll let you continue to make the payments that are too high for you already.
Borrower: No thanks. How about a Repayment plan
Lender: Fill out this 5 page form and I’ll check with management and get back to you in 4-6 wks.
Borrower: You are a nut case (feeling like there is nowhere to run)
However, there is someone to run to. Us! We can review your options and help you decide what the best course of action is for you. If the only option is to sell the house, we may be able to negotiate with your lender to take a discount on what is owed so the house can sell and you can get out from under the burden or stress of a Michigan foreclosure. We promise we will help you move toward the prize of getting your family back to better times and not put you in a worse position. Give us a call today!
Ann