Ms. Garrett provides counseling and coaching in connection with mortgage-related issues. Mortgage issues include loan modification, foreclosure, short-sales, deed-in-lieu of foreclosure, loan forbearances, to include government-sponsored options. A vital part of Ms. Garrett’s services includes counseling and educating her clients regarding the current laws and services available to the consumer with the goal of assisting her clients to make informed decisions regarding their most important asset—their home. Many times, all that is needed is education to empower her clients to make the right decision for themselves and their family!
Most consumers that call Ms. Garrett are lost and confused about what to do in connection with their underwater home. In desperation, consumers pay enormous sums of money to almost anyone who promises to provide an instant fix. Unfortunately, these individuals or companies promising such quick fixes quickly disappear—never to be seen or heard from again.Services Available15-Minute Consultations
Ms. Garrett provides two types of 15-minute consultations—a free versionn and a paid version:
Free Version: In the free version, Ms. Garrett will provide you with the general principals of law regarding your particular legal issue; however, she cannot give you any legal advice or gather any particular information or facts about your situation or legal matter. For about 50% of the public, this is sufficient for their needs.
Paid Version: In the paid version, Ms. Garrett will gather specific information related to your particular legal issue and give you a general assessment of your case based on your particular set of facts. This option is preferred for people who want an initial assessment of their case and/or have a “quick question” to ask Ms. Garrett about their particular set of fact. This option is preferred when learning just the general principals of law is not enough. Also, if you believe 15 minutes is not enough, then Ms. Garret provides 30 minute consultations for a $50 fee. Also, if you later hire Ms. Garrett to represent you, she will give you a full credit of the $25 (or $50) fee towards future legal services. This discounted fee is offered on a one-time basis and is only applicable to prospective clients. Current or former clients are not eligible.Initial Two-Hour Initial Consultation:
Price $600 (20% Discount of regular rate.)
During the two-hour telephonic (or Skype) consultation, Ms. Garrett works with her client to examine the full scope of her client’s financial situation—examining all financial factors to include the following: 1)personal background and current status of the mortgage, taxes and insurance—as well as identifying the number of loans as well as the types of loans; 2) working with client to identify all sources of income, identifying all types of assets, all types of debts and identifying the client’s monthly expenses.
Once Ms. Garrett has completed Identifying and understanding all aspects of the client’s finances, she will then counsel her clients regarding the various options available to them, to include discussing the pros and cons of each option, to include, but not limited to deficiency-judgments and taxation issues.
At the end of the consultation, the goal for Ms. Garrett is to have the client have a clear understanding of not only his or her options, but also the pros and cons of his/her options. At the conclusion of the consultation, the client will be in a position to make an informed decision regarding their options in connection with their distressed property.
This type of consultation does not include any other service that is not outlined in the “two hour consultation”. For instance, Ms. Garrett does not conduct forensic audits of loan documents, does not prepare any documents, does not make calls to third parties on behalf of the client or review any documents.Four Hour Coaching Regarding Loan Modification:
(Phone or Skype)
A series of four one-hour coaching sessions that are set up between the attorney and client. The goal of this this type of coaching is to coach the borrower in submitting a loan modification package that is complete and accurate to the client’s lender.
This type if coaching is recommended for individuals who have made prior attempts on their own or through a HUD-approved counsel and have been previously denied. It is also recommended for individuals who have complex financial issues---to include self-employed individuals and individuals who have residential investment properties.
It is not recommended for individuals who have not made prior attempts at submitting a loan modification and/or have not made contact with a free HUD—approved counsel.Follow Up Telephonic Coaching
Price: $187.50/per each HALF hour; or $375/hour.
Regardless of which option you choose, consider that a well-structured financial plan considers your current income and details a list of your monthly expenses and makes recommendations to improve your budget and cash flow so your monthly income exceeds your total monthly expenses each month.
Given the many free options available to borrowers today in connection with mortgage issues, Ms. Garrett does not (and will not) accept a client unless they have first exhausted all their other free options. Why? Because many of the options listed above can be done for free—either by the borrower working directly with the lender or services and/or via a HUD-approved free counselor.
On the other hand, if you have attempted to resolve your mortgage issues on your own and/or with a HUD-approved counselor and have received at least one bank denial, then maybe now is the time to speak with Ms. Garrett. Ms. Garrett recognizes and is sensitive to the fact that paying money to an attorney is a frightening thought—especially when funds are tight to begin with in the first place! Ms. Garrett’s philosophy is that you should not hire an attorney unless you have no choice and you have exhausted all your other free options.
Warning Concerning Foreclosure Rescue Scan
You should be careful of people or companies (or, even sad to say, attorneys) who approach you with offers to “save” your home. You should be extremely careful about any such promises and any suggestions that you pay them a fee in advance or sign over your property to them. State law may require anyone offering such services for profit to enter into a contract which fully describes the services they will perform and fees they will charge, and may prohibit them from taking any money from you until they have completed all such promised services. To find out more or to find out if you have been targeted by a scammer, go to PreventLoanScams.org
If you are lost and concerned about your options, please feel free to Contact Me.Other Sources
Book worth reading: The Foreclosure Survival Guide