If you are behind on your mortgage, you probably have been getting calls from the bank you are writing your mortgage payment to. Please know the overwhelming majority of the company you have been making mortgage payments to,..DO NOT OWN YOUR HOME LOAN and may not be offering you the best option for your family. My goal is to HELP homeowners determine their best option for their circumstance which may include:  Loan recasting, Loan restructuring, Loan Modification, Forbearance, Deed-in-lieu of Foreclosure and Short Sale to resolve your home loan in Default BEFORE a Foreclosure. If you have received more than 3 months collections calls from your lender - there is a high probability the foreclosure process has started.

          My name is Billy Waddell and live here in central TX. You may be visiting my site hoping you will find the BEST option for them and YOUR FAMILY beside Foreclosure. Here is the background in business and real estate I offer:

  • 22+ years in Business Development at the highest levels with my last position US Director of Sales & Marketing for Straub, an International Manufacturing company. Strong communication and negotiation skills   
  • Owner/Operator of a successful real estate business from ’03-’09 in the toughest post-depression era for residential real estate specialized in helping homeowner & buyers, REO platform and Loss Mitigation professional. Averaged 150DOM for Short Sales which is well below the national average, 89DOM for REO and 41DOM for homeowners selling their house. 
  • Short Sale Prospector for CITI's Loss Mitigation Division with CoreLogic; Foreclosure Asset Manager - Bank of America portfolio with CoreLogic; and Valuation Analyst for Fannie Mae ~ set values for Foreclosure, Deed-in-Lieu, Bid Instructions (minimum value the lender's trustee will take at the auction at the courthouse), HAMP Loss Mitigation and Short Sale properties
  • I have been certified by the Mortgage Industry' FiveStarInstitue to provide both valuation through “Broker Price Opinions” & Loss Mitigation options including Short Sales; HOLD designations from the National Association of Realtors for SFR (Certified Short Sale & Foreclosure Resource) & ePro Realtor and licensed Texas Realtor (#0497639) with Bell County Realty, a Mud City Realty Company 

          If you will trust me with your confidence and most sensitive financial information, I can help you UNDERSTAND your Loss Mitigation options and negotiate with your lender to MAKE IT HAPPEN! Did you have already receive your Notice of Default by certified mail? You now have a minimum of 51 days & a maximum of 81 days before the lender's trustee will auction your home on the Williamson County Courthouse steps (the first Tuesday of every month) or take the property back to the lender as "real estate owned" (REO) if the highest price at auction doesn't exceed the bid instructions or value assigned. Loan modification, recasting your loan or forbearance are near impossible at this juncture. Deed-in-lieu is your next best option but at this point,..you need someone with the tenacity of a pitt bull and can get to the negotiator, their supervisor, the Department Manager and higher if need be. I don't state these facts to scare you but to let you know there has been recent legislation that I can utilize to stop a foreclosure.

          Banks, mortgage companies, GSEs (Government Sponsored Enterprises i.e.,..Fannie Mae & Freddie Mac) and now Private Equity Companies owning over $100B in non-performing loans,..DO NO WANT YOUR HOUSE BACK. Their best option is to do a loan modification, recast your loan or offer forbearance (limits on what they will write off) and deed-in-lieu BEFORE they would consider a Short Sale. Be very cautious of private negotiator, investors or possibly some real estate agent's motivation for contacting you IF they don't spend as much time explaining these options instead of pressing you for a Short Sale. I'd prefer you stay in your home but if you have already received your "Notice of Default" certified letter,..all the Loss Mitigation options  will not be available. Time is of the essence.

Please trust me and let's get started by reaching out to me at one of the contact methods below. This is only a season in your lives and we'll get you to new beginnings.

Blessings ~
Billy Waddell
Realtor - Bell County Realty