MORTGAGE PRINCIPLE REDUCTION SOLUTIONS Total Solutions Alliance, LLC. (800) 294-7984

MORTGAGE PRINCIPLE

REDUCTION SOLUTIONS

Total Solutions Alliance, LLC.

(800) 294-7984

Programs Avaliable thru Our Investors Principal Reduction Short sale

Principal Reduction

Short sale

Mortgage Principle Reduction through Secondary Mortgage Market The Secondary Mortgage Market: The buying and selling of first mortgages or trust deeds by banks insurance companies, government agencies, and other mortgagees. This enables to keep an adequate supply of money for new loans. The mortgages may be sold at full value (par) or above, but are usually sold at a discount. The secondary mortgage market should not be confused with second mortgages.

Relationship of Real Estate Market Investor (Mortgage) Bank (Servicing) Real Estate Professional/ Loan Officer Real Estate Investor/Homeowner Investor (Mortgage) Bank (Servicing) Real Estate Professional/ Loan Officer Real Estate Investor/Homeowner

Investor (Mortgage)

Bank (Servicing)

Real Estate Professional/ Loan Officer

Real Estate Investor/Homeowner

Investor (Mortgage)

Bank (Servicing)

Real Estate Professional/ Loan Officer

Real Estate Investor/Homeowner

Real Estate Economy Downturn Homeowner’s Dilemma: Recast of ARM Programs Monthly mortgage payment too high Financial Hardships (Unemployment) Facing Default Notice of Default Notice of Trustee Sale Foreclosure Notice of Eviction Upside Down on Real Estate Value

Homeowner’s Dilemma:

Recast of ARM Programs

Monthly mortgage payment too high

Financial Hardships (Unemployment)

Facing Default

Notice of Default

Notice of Trustee Sale

Foreclosure

Notice of Eviction

Upside Down on Real Estate Value

Real Estate Economy Downturn Solutions: Short Sale - tax consequence 1099-C - may not be approved and lead to foreclosure - impacts credit Loan Modification - may reduce interest rate only, small impact on mortgage payment amount - no principle reduction Mortgage Litigation - what is the chance of success against a big bank? Mortgage Principle Reduction through Secondary Mortgage Market!!

Solutions:

Short Sale

- tax consequence 1099-C

- may not be approved and lead to foreclosure

- impacts credit

Loan Modification

- may reduce interest rate only, small impact on mortgage payment amount

- no principle reduction

Mortgage Litigation

- what is the chance of success against a big bank?

Mortgage Principle Reduction through Secondary Mortgage Market!!

Secondary Mortgage Market Solutions Secondary Mortgage Market: Private investors Select and buy mortgage notes Select clients/homeowners Negotiation Duration 3 – 6 months Qualification: Does homeowner want to keep investment? Can homeowner afford to keep investment? Is property upside down in value?

Secondary Mortgage Market:

Private investors

Select and buy mortgage notes

Select clients/homeowners

Negotiation Duration 3 – 6 months

Qualification:

Does homeowner want to keep investment?

Can homeowner afford to keep investment?

Is property upside down in value?

Investor Bank Realtor Homeowner Investor Bank Realtor Homeowner Secondary Mortgage Market

Investor

Bank

Realtor

Homeowner

Investor

Bank

Realtor

Homeowner

Real Estate Market Secondary Mortgage Market $ 1 $ 1 $ 1.25 $ 1.75 Home Value Up Refi – cash out Can’t sell anymore .25 ¢ .50 ¢ Home Value Down Principal Balance = $600,000 FMV = $300,000 REO /Trend Value = $240,000 50% 40% 20¢ - 65 ¢ Discount

Secondary Mortgage Market Restructure of New Loan at Fair Market Value/REO Value (Assume Fair Market Value/REO Value: $240,000) 5 Yr. Fixed 30 Yr. Amortization 3 Yr. PPP Prime + 3% Assume Prime Rate is 4% + 3% = 7% $ 1,596.73 (P + I)

Current Upside down in value Mortgage payment will recast Notice of Default ( NOD ) 3-4 months behind in mortgage payments Notice of Trustee Sale ( NOTS ) 7 -8 months behind in mortgage payments Foreclosure (Bank owned, repossession by Bank) 9+ months behind in mortgage payments Possession of home w/in 60 days post to TS Four Types of Properties

Current

Upside down in value

Mortgage payment will recast

Notice of Default ( NOD )

3-4 months behind in mortgage payments

Notice of Trustee Sale ( NOTS )

7 -8 months behind in mortgage payments

Foreclosure (Bank owned, repossession by Bank)

9+ months behind in mortgage payments

Possession of home

w/in 60 days post to TS

Foreclosure (Repossession) Cash for Key 3/30/60 day Notice to Quit Lockout In violation of civil code 789.3. Unlawful Detainer Eviction Lawsuit File Ex-Parte Motion Extension of 40 days (owner) Extension of 60 days (renter) Sheriffs Notice to Vacate 5-10 days to vacate All papers has to come from the court Evict you from home Foreclosure Process

Foreclosure (Repossession)

Cash for Key

3/30/60 day Notice to Quit

Lockout

In violation of civil code 789.3.

Unlawful Detainer

Eviction Lawsuit

File Ex-Parte Motion

Extension of 40 days (owner)

Extension of 60 days (renter)

Sheriffs Notice to Vacate

5-10 days to vacate

All papers has to come from the court

Evict you from home

To Keep Homeowners in their Homes Postpone the Trustee Sale Put Cloud on Title Cancel the Sale Fight for Time Revert the Sale Fight Eviction Litigate with Lender Foreclosure Prevention Services

To Keep Homeowners in their Homes

Postpone the Trustee Sale

Put Cloud on Title

Cancel the Sale

Fight for Time

Revert the Sale

Fight Eviction

Litigate with Lender

Program Primary Goals Acquire mortgage note Restructure new mortgage loan Principle reduction Lower mortgage payments All previous liens settled for less than amount owed.

Acquire mortgage note

Restructure new mortgage loan

Principle reduction

Lower mortgage payments

All previous liens settled for less than amount owed.

The money you make is not based in what you know. The money you make is based on what you do. SHORT SALE

Facing Foreclosure? What are the Options? Loan Modification. To Keep my home (Temporarily). Loan Forensic. To Keep my home (Litigation). Short Sale. 80% Short Sales FAIL & Foreclosed. I don’t need all the headaches, I don’t have any money, I accept my investment loss, and I just want to walk away with a chance to START OVER .

Facing Foreclosure? What are the Options?

Loan Modification. To Keep my home (Temporarily).

Loan Forensic. To Keep my home (Litigation).

Short Sale. 80% Short Sales FAIL & Foreclosed.

I don’t need all the headaches, I don’t have any

money, I accept my investment loss, and I just

want to walk away with a chance to START OVER .

The “NEW START” Program This is a Short Sale in OVERDRIVE. Gives homeowners a piece of mind. They can walk away without foreclosure. After approved, almost guarantee to close 99%. Approval time within 48-72 hours. Closing within 45-60 days. ~To walk away, there is NO other CHOICE.

The “NEW START” Program

This is a Short Sale in OVERDRIVE.

Gives homeowners a piece of mind.

They can walk away without foreclosure.

After approved, almost guarantee to close 99%.

Approval time within 48-72 hours.

Closing within 45-60 days.

~To walk away, there is NO other CHOICE.

New Start Structure -Two transactions on the same day or within one day of each other. Both have their own funding. -Both lenders are disclosed so that there are two transactions going on. The disclosures are in the purchase and sale agreement. 1 st Transaction (CASH) Seller (A)  (B) The investor needs to bring funds for closing in order to fund A-B transaction. This completes the Short Sale process. 2 nd Transaction (CASH) Investor (B)  End Buyer (C) The end buyer needs to bring funds for closing in order to fund the B-C process. Entire transaction completed.

1 st Transaction (CASH)

Seller (A)  (B)

The investor needs to bring

funds for closing in order to

fund A-B transaction.

This completes the Short

Sale process.

2 nd Transaction (CASH)

Investor (B)  End Buyer (C)

The end buyer needs to bring

funds for closing in order to

fund the B-C process. Entire

transaction completed.

Traditional approach & problems of a Short Sale Listing First obstacle is that the banks being asked to take a short sale on their note – do not take MLS offers very seriously as a CASH offer. Generally the Broker/Realtor office will be the one negotiating with the bank (?). Negotiating short sale requires a special skill set and 9-5 energy . Because of the first 2 reasons, many end-buyers ended up walking away from the transaction due to the length of time required for an approval. With that, the seller may be forced into foreclosure.

Traditional approach & problems of a Short Sale Listing

First obstacle is that the banks being asked to take a short sale

on their note – do not take MLS offers very seriously as a

CASH offer.

Generally the Broker/Realtor office will be the one negotiating

with the bank (?). Negotiating short sale requires a special

skill set and 9-5 energy .

Because of the first 2 reasons, many end-buyers ended up

walking away from the transaction due to the length of time

required for an approval. With that, the seller may be forced

into foreclosure.

Our Investor and Our Services: Help homeowners walk away without being foreclosed. Our service is directly provided to homeowners including Brokers & Agents. We negotiate with lenders and buy homes in CASH. Fully staffed with professional short sale specialists. Services includes States in CA, NV, AZ, CO, NC, WA, MIN, TX, HI, & currently expanding to Florida and other states. We have successfully negotiated over thousands of completed sales. We have help Brokers and Agents close their Short Sale Listings in order to keep their clients from being foreclosed. Lenders would rather work with us because our offers are in CASH. We have an established track record with major lenders. We have thousands of satisfied homeowners. We are the answer to your Short Sale Problems!!!

Our Investor and Our Services:

Help homeowners walk away without being foreclosed.

Our service is directly provided to homeowners including Brokers & Agents.

We negotiate with lenders and buy homes in CASH.

Fully staffed with professional short sale specialists.

Services includes States in CA, NV, AZ, CO, NC, WA, MIN, TX, HI, &

currently expanding to Florida and other states.

We have successfully negotiated over thousands of completed sales.

We have help Brokers and Agents close their Short Sale Listings in order

to keep their clients from being foreclosed.

Lenders would rather work with us because our offers are in CASH.

We have an established track record with major lenders.

We have thousands of satisfied homeowners.

We are the answer to your Short Sale Problems!!!

THE STEPS 1.Complete the Pre-Approval Application then fax it to us. 2.We will notify you of the approval within 48-72 business hrs. 3.We will set up conference or meeting with you and/or with your client to discuss the entire short sale process and explain all the disclosures in the process. 4. Short sale packet, purchase agreement, and trust documents will have to be filled out, sign, notarized, and return by the client. 5. Sit back and wait to get paid.!!

They say OPM (Other People’s Money) Is always the BEST . But I say OPE (Other People’s Effort) Is just as GOOD ! GET PAID THROUGH OUR EFFORTS

Client Agent Back Office Real Estate Mortgage Short sale Principal Reduction Check For a complte file Debt Settlement Tax Solutions Initial Process