Posted by phil fernandez on November 06, 2000 at 18:15:46:
Here’s my take on your letter.
The first line, " According to public records you are in a foreclosure proceedings", is MUCH TOO blunt. It sounds like you are “Big Brother” almost scolding them.
#4 “Clean your credit”, You might stop them from having a foreclosure on their credit report, but late and slow payments will still appear on the report that will certainly hurt their credit score. This statement might be somewhat misleading.
But the main problem you are having with no responses is mostly due to the owners denial that they have a problem. Often these people think that somehow the situation will work itself out.
As Joe Kaiser would say, you have to get to the kitchen table face to face with these distressed home owners. How many other letters do you think the owners have received and from what I hear most if not all end up in the trash.
Joseph, what you really need to do before going much further with the foreclosures is order Kaiser’s foreclosure course. In it you will find all of your answers.
Hope this helps.