ANBLIK Weblog

Today’s mortgage companies have become “workout” specialists. Much is being written about foreclosure these days. Although circumstances sometimes make it the only option, it is avoidable-especially when financial setbacks are addressed with your lender early on.

Most important? Notify your lender as soon as you know you’re going to miss your first payment. Advance notice gives your lender an opportunity to offer options on how to handle your hardship. More often than not, he or she will be willing to work with you to get things back on track.

Workout time. Solving foreclosures has become somewhat of a specialty for many lenders. After all, it’s in their best interest to keep you in your home rather than invest time, energy and money in the foreclosure process (which, in some states, can drag out for 18 months or more). As part of the so-called “workout,” lenders typically offer one of two options:

1. Repayment plan. The lender adds half of the amount of your first missed payment onto each of your next two payments. Such an arrangement provides some breathing room if you have only short-term financial problems. If you’ve missed two or three payments, the situation becomes more serious, but your lender will still try to arrange a repayment schedule.

2. Loan modification. The lender adjusts the terms of your loan by either lengthening the amortization schedule or lowering the interest rate. Another option is to roll the delinquent amount into the loan and re-amortize the new balance so you can pay the additional debt back over time. This is designed for borrowers who can’t afford repayment plans.

There also are alternatives for more serious financial problems. Your lender may agree to help you get rid of your house via a pre-foreclosure sale. Or, in more dire circumstances, your lender will agree to a “short sale,” where he or she lets you sell the house for less than the outstanding loan amount, takes the proceeds and forgives any remaining overage.

Some lenders may even consider a “short refinance,” where they forgive some of the debt and refinance the rest into a new loan. That way, the lender still gets more money than it would by foreclosing. One last way to bail out of a home before things get too bad is a “deed in lieu of foreclosure” agreement, where you surrender the property deed to the bank, and the bank sells it.
Although it’s never a comfortable situation, “working it out” is at least manageable-and much more desirable than foreclosure. Please call Frank Scozzaro if you have any questions or would like further information on this or any other mortgage-related topic. Frank Scozzaro is happy to help out in any way that he can.

Frank Scozzaro, loan offices, RLCA, INC.: “In today’s rapidly changing economy, many homeowners wonder or worry about selling their home for the best price, and terms in the shortest period of time.”Frank Scozzaro offers you 9 helpful hints if you are considering selling your home:
Be realistic, and price your home right by using market comparisons.
1. Know your true bottom line for both price and time.
2. As the market shifts, be prepared to evaluate your price.
3. Advertising your property with yard signs, local MLS and newspapers.
4. Get rid of the clutter! It makes your house appear smaller.
5. Clean your walls, floors, baseboards, stove and refrigerator. Buyers will know your house is well cared for.
6. Clean up outdoors! Remove tools, toys and be sure lawn and shrubs are neatly trimmed.
7. Have the carpets cleaned to eliminate odors, smoke, and pet smells.
8. Make minor repairs such as leaky faucets, sticky doors, etc.
9. Be sure to ask for a Merchandising Review before listing your property.

For Your Free Merchandising Review Call Frank Scozzaro - 262-308-2667

Frank Scozzaro is with RLCA, INC. Franks Scozzaro specializes in helping people refinance their homes.
Rates Are Low! “If you’ve thought about refinancing your home in the past but decided to put it off for some reason, right now might be a good time to reconsider. Here’s why. Right now mortgage rates are low, the market is competitive, and there’s lots of money available. All that adds up to big advantages for you”, informs Frank Scozzaro.
Frank Scozzaro: “It’s easier than ever!” Getting refinanced is easier than ever. In fact, most of it can be done over the telephone. Just give Frank Scozzaro a call, ask all the questions you want. Frank Scozzaro will need some basic information and you can get the ball rolling in just minutes.
Get Your Cash Fast! You can get the cash you want more quickly than you might imagine, and you can use it for just about any worthwhile purpose.
To learn how you can get the special financing you deserve, call Frank Scozzaro today. Frank Scozzaro really is here to help!

Frank Scozzaro: single moms, divorcees, bankruptcies, late pays welcome.
If you’ve never experienced the sense of joy and secure feeling that owning your own home can bring, right now is a great time to change that. YOU REALLY CAN own your own home, even if you’ve been through a divorce, or a bankruptcy, or even if you’ve been late paying your bills. The fact is buying your first home has never been easier.
But you have to start at the beginning!
The first step is to sit down with a mortgage lending professional to learn exactly what kind of home you can buy. So, take a deep breath, close your eyes, and picture yourself sliding the key to your new home in the door lock. Now exhale, find the phone, and call Frank Scozzaro at 262-308-2667. Go ahead, do it, you’ve got nothing to lose and EVERYTHING to gain. Call today! Or e-mail Frank Scozzaro at fscozzaro@rlca.com

Frank Scozzaro: “How to get you’re your real estate career off the launching pad.”
Frank Scozzaro works in RLCA, INC. Among other things, Frank Scozzaro specializes in helping real estate professionals, like you, earn more money. How?
You Get 24/7 Service: OK, let’s say it’s Friday night, 9:30, and you’ve got a buyer who needs to be pre-qualified. All you have to do is call Frank Scozzaro’s cell phone and no matter where Frank Scozzaro is, or what he’s doing, your buyer is going to get professional, personal attention from him.
You Lose Less Business: When Frank Scozzaro is handling your lending needs; you don’t lose nearly as much business. Frank Scozzaro has ways to find money for just about any buyer you bring to him. Fewer lost deals add up to more commissions. And that IS the bottom line in real estate.

You Get “Frank Scozzaro’s” Referrals: Here’s a revolutionary idea. Mortgage people have always estate people for referrals. Maybe it’s time the shoe was on the other foot. Agree? Frank Scozzaro maintains an aggressive referral generating program, funneling buyers and sellers to those agents routinely work. Call Frank Scozzaro, and let’s talk about how you can work together.
For more information, please contact Frank Scozzaro: fscozzaro@rlca.com

Frank Scozzaro

Volunteerism is a great way for any size company to give back. Whether you are a solo entrepreneur or a large corporation, an employee volunteer program is a must for several reasons. The most important reason is it gives employees a stake in the company’s giving and it can even improve employee morale.

An employee volunteer program doesn’t have to be complex and time consuming. But, it should be leveraged against other assets for giving, which determines how you build this program. The employee volunteer program needs to also have the systems in place for it to be successful and effective. If you are thinking about establishing a company-wide employee volunteer program or if you are a solo entrepreneur and want to include time as a way to give back, here are 5 easy steps to create and employee volunteer program - Frank Scozzaro.

1. Align volunteer activities with the company giving mission. Volunteering should not be done on the fly or without consideration. Creating a branded giving program that sends out your message about what you care about is important. Take the time to select volunteer activities that closely align with your giving mission statement. Choosing activities that align with your giving mission generate the greatest benefits for the company, employees and the community.By Frank Scozzaro.

2. Develop a volunteer program structure and policies. Written and communicated policies around volunteering keep the program focused and easy to manage. It lays the groundwork for what the company will do and how it will do it and when recognizing employees for the volunteer time, it keeps the process fair.

3. Leverage volunteer activities against other assets the company has to give. You need to know how much time you can afford to give back. Time is weighed against in-kind donations, cash contributions (including matching gift programs) and loaned expertise.

4. Communicate your volunteer efforts. Communicating your giving program generates enthusiasm within the company and good will within the community. The results and efforts of your volunteerism are linked to public relation and marketing efforts both internally and externally.

5. Reward engaged employees. Nothing speaks louder to employees than appreciation for what they do. Establishing a recognition program inspires others and is a great way to say ‘thank you’ for their contribution to the overall company giving program.

6. Measure and evaluate. You don’t know how successful your volunteer program is unless you take the time to evaluate it. Yes, volunteering is all good, but you this is the only way true success can be determined. Some of the areas to measure are employee satisfaction with the program and is it meeting your overall mission.