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News for Real Estate Investors and Landlords — creditors

Short Sales: Do Not Call Letters

Posted by 15789465 on

Short sales are stressful enough, without lenders calling once a day to harrass the borrower regarding past due payments. They don't care that your property is under contract and being reviewed by the short sales department. A completely different department must make collection calls, every time the computer tells them to place a call.  Often, that's once a day.Stop the calls and stop the daily stress. Send a Do Not Call letter to the lender. Federal law says that if you send such a letter, the creditor MUST stop making phone calls to you. They send a LOT more letters,...

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