Having Trouble Making Your Mortgage Payment? Bailout Talk Live On KTAR!

Posted by Justin McHood on November 14th, 2008

Arizona Mortgage Team on KTAR Radio

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

This morning we were live on the radio with KTAR superstar Darrell Ankarlo talking about the 700 billion bailout and what it means to people who are having trouble making their mortgage payment. The discussion centered around “what should I do if I am having trouble making my mortgage payment?”

My general answer was “keep talking to your lender about what your options are because the rules are changing almost daily about what lenders are and aren’t willing to do.  If you spoke to your lender last week and they told you that they couldn’t help you, call back again this week.  And next week.  And the week after that.”

Why?

Because as I said on the air – the rules are changing and the federal government may soon be coming out with packages that will incentivize lenders to get better at working with borrowers.

Arizona Mortgage Rates for November 14, 2008



comments

5 Responses to “Having Trouble Making Your Mortgage Payment? Bailout Talk Live On KTAR!”

  1. Jay Thompson on November 14th, 2008

    I was able to catch all but the first five minutes. VERY well done Justin! You presented to Ankarlo and the callers very realistic and professional answers to some great questions.

  2. Nick Bastian on November 14th, 2008

    It was cool to hear you on the radio this mornig. Great job. Can I get an autograph? No, it doesn’t need to be on a lunch receipt next time. :-)

  3. Justin McHood on November 14th, 2008

    @Jay Thanks! There are no easy answers to those questions people were asking - so I did my best in 10 seconds or less..

    @Nick Sounds like I am gonna be signing the side of our tour bus to REBarCampLA soon!

  4. Arizona Mortgage Rates for November 14, 2008 — Phoenix Area Real Estate Blog on November 14th, 2008

    [...] is a hot topic right now - so hot in fact that KTAR contacted us to speak about it on the air where we had a brief question and answer session with callers moderated by KTAR superstar Darrell [...]

  5. Will Your Current Lender Modify Your Loan? | Mortgages Unzipped on December 10th, 2008

    [...] week, I was asked to be a guest on a large news-talk radio show in our market and talk about mortgage-rela….  As part of the show, we took calls from the public and I had to answer their [...]

Leave a Reply




  •  
    1. (required)
    2. (valid email required)
    3. Best way to contact you?
     

    cforms contact form by delicious:days

  •