I was very upset with Stan Schultz (US Loss Mitigation) and Patryce Copeland with the unprofessional behavior of their negotiation techniques. Patryce assured me and my husband that she was not going to set us up to fail. She was going to negotiate until we were able to afford the payment (Right)
Our home had a sell date of July 3. I thought Patryce was going to do the negotiation with the mortgage company and Patryce allowed someone that was helping her in the office to negotiate with Aurora Loan Service (see Rip off Report).
At the end of the day, I have a repayment plan that I cannot afford to pay $3,320.00 a month for 24 months. I could have negotiated this deal myself and save the money we paid for their assistance (this was a joke) I was so angry, I emailed Stan Schultz asking him to negotiate with the mortgage company. According to the testimonials on the website, he would negotiate with the lender until he gets the deal for the client.
Today, after we committed to this amount for 24 months, I received an email from him with this message stating the following:
C:
I understand your fustration but Patryce most likely would not have gotten any better of a plan. You must understand that we can't force the lender to provide a plan that is to your acceptability.instead the lender will provide the best possible plan that can be offered considering the amount of the arrears. We can always argue the potential likelihood of failure to the lender but this is not going to change the outcome unless you put down more money to lessen the monthly plan payments. If you are not able then we have done the best we have to assist you. Again, it's unfortunate you are unable to afford the remaining payments but you can, at a later date, come back when you have some money to put down and essentially or possibly buydown the remaining monthly payment amounts. Can't guarantee that the lender will be willing to do this but we have seen other follow this recommendation and it worked for them.
Respectively,
Stan Schultz
US Loss Mitigation
I wished I would have read this Rip off Report before I hired this company (a joke) to negotiate.
0 comments