The loan modification process is arduous. No one…not applicant, counselor or bank employee…is pleased with the process. And, with tens of thousands of applications ahead of you in line, you have to take extraordinary measures to make it through the process successfully.
Effective follow-up on your application is one of those measures. Your goal in follow-up [...]
For anybody who has a mortgage, understanding how home loan modification programs work nowadays could be important. That’s because the economy, being in the shape it is, is forcing many more people to look at modifying their mortgages than was the case in the past. Fortunately, there are a number of programs, both governmental and [...]
When considering home loan modification programs nowadays, understand that they’ve generally come about because of general economic circumstances in the wider world. Many people are struggling to pay their home loans, in other words. But there are several programs that those holding a mortgage may be able to take advantage of, including modifying it so [...]
The nature of the economy these days is having an impact on many people, including on their ability to continue to make their agreed-upon home mortgage payments. Many people are struggling to meet these payments, sadly. But there are a few programs they can take advantage of, including loan modification. What to know about this [...]
Loan Modification credit score recovery
Loan Mod aftermath: Credit Score Recovery!
I hope you can set aside 30-45 minutes to watch this video. The topic this evening is, ‘Rapid Credit Score recovery post loan modification (or post any financial difficulty, really)!
This topic is especially important to folks because we have all been brainwashed into believing our [...]
NEWSFLASH!! The home mortgage meltdown continues in 2010! The environment for homeowners is going to get much worse before it gets better.
Foreclosure rates show no sign of slowing
Foreclosures are climbing the economic ladder, meaning higher priced homes are now coming under price pressure – even in the most sought-after locales.
Unemployment is [...]
File Inertia can help you get a Loan Modification
This simple revelation makes you want to “sweat the small stuff” to win in the loan modification game.
It’s been two years since I was arguing with th banks about my own loan modifications. After my own frustrations I developed the 60 Minute [...]
John and Melanie’s Foreclosure Workout – Didn’t Work Out
From 2004 to 2009 John and Melanie were your neighbors. Like
you, in 2009 they were struggling to make their mortgage payment each month.
In fact, some months they added as much as $1,500 to their credit card debt just
to have enough to make [...]
Most people hate negotiating! Do you? Some people are actually good at it, but most people aren’t. And, most of us do not like doing it at all. But, when your home is at stake, like when you are negotiating with the bank for a loan modification or other workout solution…it’s [...]
