Chicago Short Sales: The Banker’s Bill of Rights

Posted on December 7th, 2010 in All Articles, Short Selling/Buying.

Chicago IL – If homeowner’s have a bill of rights, then bankers must have one as well. We decided to put together the Banker’s Bill of Rights. That way they wouldn’t feel left out.

Let me know if we should put this together and petition congress to add it to the constitution.

The Banker’s Bill of Rights.

1. All Bankers have the Right to make any mistake they want and still get bailed out by the American Taxpayer. They can fiddle around with complex derivatives with no risk to themselves or the bank they run.

When they run their bank into the ground, they get the full assistance of the American Taxpayer to bail them out of their mess.

American Taxpayer Bailing Out The Banks

2. All Bankers have the right to say “sic’ em” to their debt collection phone harassment team. Every American that doesn’t pay on time will be called non-stop until that pay up.

They have the right to call the debtor at 8:55 on a weeknight, at 8AM on the weekend, and even at their workplace. Maybe the Bankers can embarrass the employee or cause their boss to fire them.

3. All Bankers have the right to make the loan modification as confusing and frustrating a possible. This includes the right to change policies at anytime, continue the foreclosure process in order to force the homeowner to accept a payment they can’t afford, and not respond to phone calls or e-mails for weeks at a time.

4. Every American either pays their mortgage on time, or they are sent to a forced labor camp to work until they have paid everything back in addition to delinquent interest. This is called “The Gulag” Rule.

If you get behind and we lose money on your house, then go to a work camp to “work off” what you owe us at minimum wage.
In addition, if any homeowner dare not pay on time, then a late penalty shall be charged at 10% per day.

Discover how other sellers successfully did a short sale (and avoided “The Gulag”) by clicking here.

4. All Bankers have the right to hide all the rules for a short sale or loan modification. We will enter a new age of holding the homeowner in the dark. Transparency, accountability, and openness will be gone.

Thinking about a short sale? I can help you short sale your property and never pay the bank another penny. Send me an e-mail at myrealtorphil@gmail.com. I will contact you for a free consultation.

When we talk, I will explain how the process works in detail. If you prefer, then you can call me at (312) 953-6725.

Discover how other sellers successfully completed a short sale and request a free consultation by clicking here.

Remember to visit my Chicago short sale blog frequently for great tips and information on Chicago short sales www.Chicago-ShortSaleBlog.com

Thinking about a loan modification? Our Chicago Loan Modification Kit has the instructions you will need to get a loan modification approved with your lender. Click here to request a copy.

Thanks for reading this, Phil Buoscio.

Phil is a Real Estate Agent at Better Living Realty – Buoscio Brokerage, Inc..

Phone: (312) 953-6725. myrealtorphil@gmail.com.

View My homes for sale at www.BetterLivingRealty.com.

Phil Buoscio, is a broker with Better Living Realty he leads the sales team “Phil Buoscio Team” and specializes in short sales in Chicago Illinois. Chicago Loan Modification Help can be referred to you. We don’t do loan modifications ourselves but we work with those who do.

We know Chicago Short Sales. I am a Chicago Short Sale Realtor. Chicagoland Short Sale Realtor. Chicago IL Short Sales. Chicago Realtor. We do business in Pilsen. McKinley Park. Bridgeport. Wicker Park. West Town. Ukranian Village. Lincoln Park. Near North. River North. East Village. Logan Square. Uptown. Edison Park. Portage Park. Hermosa. Lincoln Park, South Loop, West Loop. Bronzeville. Hyde Park. Kenwood. Oak Park. Brookfield. Cicero. Berwyn. Evanston. LaGrange. LaGrange Park. Riverside. We sell condos, single family homes, lots, land, multi units, two flats, three flats, etc.

Copyright 2010 SFI Marketing Institute, LLC. All Rights Reserved. This is not intended as legal, technical, or tax advice. Please speak with a licensed professional before making any decision. Information is deemed reliable but not guaranteed as of the date of writing. The views expressed here are Phil Buoscio’s personal views and do not reflect the views of Better Living Realty – Buoscio Brokerage, Inc.. This information on Chicago Short Sales: The Banker’s Bill of Rights is provided as a courtesy to our viewers to help them make informed decisions.