Tag Archives: mortgage modification
Notice Of Default? Now What?
That Notice of Default you just received is the beginning of a great adventure called foreclosure. It is the first official step in a long and arduous process that protects you from SOME bad things yet exposes you to others. It humiliates and insults you, yet protects you and provides ample time for you to settle on a workable solution to your financial problems. Continue reading
Posted in Foreclosures
Tagged business, debt, economy, Finance, foreclosure, Foreclosures, home loan modification, housing, loan modification, Mortgage, mortgage modification, mortgage workouts, personal finance, Real Estate
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3 Reasons You Should Consider Either Mortgage Refinance Or Mortgage Modification
Have you ever day-dreamed about how you could possibly avoid being one of those 1,000,000 individuals for whom a foreclosure is predicted in 2010? Are you likely to be a statistic in this “National Emergency”? That identical thought has occurred to a lot of people. Lots of individuals have also had the exact same concern. Some have taken steps to avoid it. Most never see it through the daydream stage. Sometimes it’s because they don’t know how to go about it. Other times it’s because the complete idea is a huge unknown area. Other times they forego taking that approach because they think that they cannot get it done. Continue reading
Not Enough Income For A Mortgage Modification?
Thousands of homeowners apply for a HAMP mortgage modifications every day. With those applications, for thousands of honest and hard-working Americans go their best hopes of keeping their homes. So, shall we say this is just a little bit important? Yet the vast majority of applicants who review their application with me prior to submittal make errors in the Income Section of the application. That’s right, they get their own income wrong! Since my advice is to not submit an application with even a zip code error, this one really “gets my goat” (you know that’s a racehorse term, right?). Here’s my advice about the income section of your mortgage modification application: Continue reading
Posted in Foreclosures
Tagged business, debt, economy, Finance, foreclosure, Foreclosures, home loan modification, housing, loan modification, Mortgage, mortgage modification, mortgage workouts, personal finance, Real Estate
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