Oakland, California (EastBayDaily) — This newly launched program was enacted for those who have denied a loan modification with the DOJ Settlement, principal reduction loan modification , Fannie Mae, Freddie Mac, Bank of America, Chase, Wells Fargo, Citi Bank, Countrywide, Washington Mutual, ASC, AND for those who have outstanding Notice of Defaults (NOD) or Notice of Trustee’s Sale (NTS) / Foreclosure Dates. Because these loan modification guidelines may be very rigid, home owners may only have one option left, besides foreclosure, which is a Short Sale.
For clients who take advantage this program, they simply can hire ( free of charge ) ACL Real Estate to list their home as a short sale. ACL Property Management will assist the buyer in finding a home to rent by: Completing Standard Rental Application Pulling a Credit Report Complete Employment Check Complete Reference Check Create Letter of Explanation for potential Landlords.
The average application fee for a rental home is $30. Because most property managers and landlords require that they pull their own credit reports, to avoid fraud, having to pay this fee over and over again, can add up to hundreds of dollars—especially if one is searching to highly desirable homes / neighborhoods.
Contact ACL Real Estate and Property Management for more information. Spaces are limited as we will only accept an amount of clients that enables the client to receive excellent customer service.
ACL Real Estate and Property Management
ACL Real Estate
CA DRE# 01893837