Tag: ING Short sale

How Difficult is it to Complete a Short Sale with an ING Loan?

Hey guys, Kelly Cook here with the KC Real Estate Group, your :k1: short sale specialists. You can find us online at www.KellyCookHomes.com. Now we specialize in helping homeowners across the entire :k1: area find alternatives to foreclosure through the means of a short sale. The topic we are specifically addressing today is short sales with ING. Now ING is an online investment bank that does a lot with online savings accounts in which they will provide customers a larger rate of return on their liquid funds. Wells Fargo or Chase Bank would do the same for their customers as well. However ING also does a lot of mortgage lending and they have a pretty large portfolio of delinquent, non-performing loans on their books that they want to get off.

A couple things about ING are that they will not allow investors to buy a short sale. It may seem odd or strange but that is their guideline. Nor will they allow an owner – occupant to purchase one of their short sales in the name of an LLC or an entity. It has to be an individual. So they have some quirky things that they do on their short sales but that makes them different. They are a little tougher to deal with and you have to know how to navigate around them. They have two offices that they loss mitigate out of, one in California and one in Delaware. We have dealt a lot with ING and it’s kind of a fun battle if you will. So, we enjoy it and we would love to work on your ING short sale if you have an ING mortgage. Again, I’m Kelly Cook with the KC Real Estate Group, your :k1: short sale specialist and I’m here to help answer any questions you may have. Please don’t hesitate to give us a call at your convenience at 480-442-9868 or in Columbus, Ohio at 614-600-2028. You can also email us at info@cookandassociatesaz.com or go to our home value calculator site and find out the value of your home instantaneously at www.MyHomeValueCalculator.com. Thanks and have a great day.

Will ING Allow A Short Sale On My High End Mortgage?

Hello everyone Kelly Cook here with the KC Real Estate Team, your :k1: short sale specialist, thank you for stopping by my blog today. My team and I are devoted to helping :k1: homeowners avoid foreclosure and I use my blog to pass along valuable information on the :k1: real estate market. If you are behind on your mortgage, or already considering a short sale, please take a minute to browse my website or contact me directly for even more information.

For my blog today I wanted to discuss working with ING on a short sale file and some of my recent experiences. ING is an investment bank but they also service and own mortgages that are generally of a higher dollar amount. Given their small mortgage portfolio and high balance mortgages they can be difficult to work with on a short sale file. Having said that I can tell you our team has a one hundred percent success rate with ING and look forward to keeping that impressive track record as we work with them in the future. One interesting feature of an ING short sale is that they will require the homeowner to be on a conference call or in the room when the short sale is initiated with their negotiator. However, once this is done I have found that the short sale process will go very quickly when a win win solution is found.

While ING can be hard to work with, given my experience I have the understanding and knowledge to get your short sale approved in a timely manner. If you have an ING mortgage please contact us today so we can discuss the best option for you. Whether you can no longer afford your mortgage or it simply doesn’t make business sense to keep making monthly payments our team has the solutions to help you. Thank you for your time and I look forward to hearing from you soon.