|
The Law Office of Marilyn Sullivan is proud to
share some of the results and gratitude they've received over the years. The top section relates to loan workouts; the bottom section relates to other services. This is a photo of Marilyn and her dog, Carolina, at Cannon Beach, Oregon.
Readers of The Marin Independent Journal, 1987
Loan Workouts
SOME NOTABLE SHORT SALES
A client whose short sale closed 2/17/09 with a deficiency of $243,000 with only a $3,000 financial contribution by the borrowers.
A client whose short sale closed 3/22/10 with a deficiency of $243,000 with no financial contribution by the borrowers.
A client whose short sale closed 3/31/10 with payment by the borrowers of $4387 and release of 3 lenders deficiency rights in the amount of $425,000
SOME NOTABLE LOAN MODIFICATIONS
Principal Residence:
$166,000 principal reduction (due to claims of predatory lending) reducing loan principal from $721,000 to $555,283, reducing the interest rate from 9.625% to 2% and the loan payment from $5529.44 to $1690.55, 31% of the prior payment, and re-amortization of term to 40 years.
$45,000 principal reduction, $3595 old payment, $1996.04 modified payment, 55% of the old payment.
A principal reduction of $30,000 and reduction in interest rate from 6.8% to a fixed interest rate of 5%.
$2.5M loan. Old payment: $12,654.18; $6,583.14 modified payment. Principal forbearance $742,212.03. New interest rate 3% for 5 years adjusting to 4.91% for the life of the loan. Term extended to 38 years.
$3427 old payment on first, $2222.45 modified payment on first, 64% of old payment. $547 old payment on the second, $297 modified payment, 54% of old payment.
$3427 old payment on first, $2222.45 modified payment on first, 64% of old payment. $547 old payment on the second, $297 modified payment, 54% of old payment.
$3968 old payment, $2531 new payment, 63% of the old payment.
$3355 old payment, $2325 new payment, 69% of old payment.
$3262.58 old payment, $1388.68 modified payment, 40% of the old payment, beginning with a 2% interest rate and re-amortized over 40 years.
$5371 old payment, $3799 modified payment, 71% of the old payment, beginning with a 2% interest rate.
$2529 old payment, $1595 modified payment, 63% of the old payment, and $45,522 of arrearages forgiven.
Investment properties:
$979 old payment, $747 new payment, old interest rate: 6.375, new interest rate 2.75%
$820 old payment, $595 new payment; old interest rate: 6.375, new interest rate 2%
$983 old payment, $804 new payment; old interest rate: 6.7, new interest rate 3.125.
SOME NOTABLE LOAN SETTLEMENTS
Settlement of $97,700k second loan for $6,000.
Settlement of $94k HELOC for $8300.
SOME NOTABLE FORENSIC AUDITS
Truth in Lending Violations resulting in a $166,000 principal reduction and a loan payment 31% of the pre-modification payment (described under Loan Modifications).
Truth in Lending violations resulting in a $45,000 principal reduction and an advantageous loan modification.
Truth in Lending violations resulting in a $30,000 principal reduction and an advantageous loan modification.
SOME NOTABLE TESTIMONIALS
“Marilyn, You probably don't realize what you have meant to me in the last 7 months. You held it together for me and made it happen. I often hung to the words in your emails. You always gave me hope. I appreciate you in so many ways. “
MJC, Redwood City, CA
“I can't express my thanks enough for what you have done for me. What could have haunted me the rest of my life is now behind me. I truly believe God blesses us through other people, and you have been that person.”
ET, Richmond, VA
“I appreciate it and that's an amazing offer thanks to you!
JS, Sonora, CA
“Outstanding job!!! Truly excellent.”
JL, San Rafael, CA
You are the best, Marilyn. Thank you so much!
CP, Carlsbad, CA
What great news at the end of a long day! This is incredible! We are so relieved and thankful for you! Thank you, thank you, thank you Marilyn, you have been a tremendous blessing!
MV, Fremont, CA
“You are incredible. I cannot express my appreciation enough. You saved my home.”
VB, Nipomo, CA
“We are speechless.”
BW, San Francisco, CA
“Again, thanks for all your help. We would have been lost if we had to do this by ourselves.”
J&D G, Tracy, CA
I really am stressed and quite depressed. There are not too many people who have made me feel like there is some kind of hope like you have. Thank you so much for the hope you have given me.
BD, Brooklyn, NY
“We can’t thank you enough for all your efforts.”
JM, Goleta, CA
“Thank you for all your help and going out of your way for me.”
JA, El Sobrante, CA
This is fantastic news! AP, Berkeley, CA
“I appreciate your help and tutelage, Marilyn.”
PC, Boston, Mass.
“I cannot say it enough, Thank you for all of your hard work. My hope rests in God's grace thru all your good work. Thanks for being that beacon of light for us.”
MV, Colorado Springs, Co
“Thank You! I know you are working hard for me. I am grateful for all your help. Again, thank you for your hard work. You earn your fees!”
CW, Sacramento, CA
“Thank you for your good work and advice over the latter half of 2009.”
SH, Ross, CA
“Thanks again. And, bless you for being my miracle.”
JA, Fremont, CA
“Again thanks for all your help we could have not done it without you. “
JM, Sarasota, Fla.
Other Services
Joseph and I want to say thank you for meeting with us yesterday,
it helped us a great deal. It was a very important appointment,
not only because of your extensive knowledge and expertise in both
real estate and the law, which of course is incredibly valuable,
but also because of the spiritual/life philosophy dimension you
offer through the gift of yourself and your practice. We are very
grateful, thank you so much. -- M.M., Novato, CA
Thanks so much for your help with my house sale. I had no idea
how much work was going to go into this and I certainly didnĚt have
the time or resources to do it. So, I really appreciate your making
this so simple for me."
-- J. L., San Rafael, CA
"There has been no more contact with the people who threatened
the lawsuit. I'm sure this is due at least in part to the very pointed
and articulate letter you wrote them on my behalf."
-- J. V., San Rafael, CA
[to real estate office manager] "I contacted Marilyn Sullivan on
your recommendation. I was pleased beyond all expectations. Her
quick action, knowledge, professionalism and thorough assistance
(far above any compensation) enabled my family to purchase their
new home. Speed was of the essence, she was available to me in the
evenings and early mornings during this critical time. Marilyn puts
'heart' into her work. She is very sharp, open with suggestions
and discussing strategy (and with a sense of humor). She helped
me feel at ease in a tough situation. Again, my family and I were
thrilled with her work, thank you for your excellent recommendation."
-- M. W., Corte Madera, CA
"Many thanks to you for a job that, I'm sure, often goes thankless.
Your efforts and ingenuity really helped. I was astonished we got
everything resolved."
-- J. D., San Rafael, CA
"Subsequent to
attending one of your For Sale By Owner seminars recently, we put the
wheels in motion and in less than three weeks entered into negotiations
which concluded very favorably for all involved parties. And keep in mind,
the property had been listed with agents for eight months. ... We want to
thank you for all of the fine information and suggestions which you
provided. And, perhaps most of all, for giving us the confidence to take
on what most people feel is a job that can only be accomplished by trained
professionals."
- - C&J v, San Rafael, CA
"Thank you for
excellent legal representation and prompt attention..."
-- C.H., Tiburon, CA
"Thank you for
all your help and support during the lease ordeal. You were fantastic
-, no - you were awesome!"
-- P.T., M.D., San Francisco, CA
"Marilyn D.
Sullivan is the top Real Estate attorney ..."
-- A. B., San Francisco, CA
"We both want
to thank you very much for all the work you did last week on such short
notice. You made it possible that we are able to record the deed on the
house in very short time. Without your interference this would not have
been possible."
-- M & R W., West Orange, N. J.
"Thank you so
very much. We are in escrow and all counters were accepted."
-- N&CB, San Anselmo, CA
"I didn't get a
chance to speak with you after the proceedings and I wanted to write to
let you know how impressed I was with your skillful handling of the
mediation."
-- BWC, Santa Rosa, CA
"You did an
excellent job of bringing this matter to its conclusion and I appreciate
the outstanding effort you made."
-- SCG, Walnut Creek, CA
"Thank you for
your help with the sale of our home, the credit issues and the quitclaim
deed. You handled all three matters competently and with efficiency."
-- R. S., San Francisco, CA
"I appreciate
the time you spent on this for me. I have learned a lot. I also greatly
appreciate your candor in all facets of the case."
-- C.E.C., Novato, CA
"It certainly
feels good to have the * matter behind me and I do appreciate your
expeditious and helpful efforts."
-- D.D., Mill Valley, CA
"We were very
pleased with your letter. It is outstanding and promises to get a rapid
response."
-- V&RH, Vallejo, CA
"Thank you for
helping us resolve our differences with ... . I know ... very well and he
is not the type of person to settle issues easily. You did a great job
and I really appreciate it. I will recommend you to my friends."
-- J. J., San Rafael, CA
"I was so
pleased and impressed... you were able to put all parties in a position
for total settlement..."
-- V.L., Moss Beach, CA
"I wouldn't
recommend anyone but Marilyn D. Sullivan..."
-- J.W., Greenbrae, CA
" Your
experience and persistence is truly remarkable... I am both relieved and
delighted to have an attorney of your caliber representing my
interests."
-- T.D., Novato, CA
"You were
brilliant!", "If anyone could do it, you could!"
-- L.L., Mill Valley, CA
"You were
stellar, just so awesome!"
-- P.B.T., San Francisco, CA
"I want to
thank you for representing us and leading us through the quagmire... It
was the security of knowing that you were our attorney that assured me
that there would be an end, and we would not be buried when it was all
over."
-- L. H., Brisbane, CA
" We both want
to thank you very much for all the work you did...without you in our
corner, this would not have been possible..."
-- M.T.W., Corte Madera, CA
|
