Selling your home may not be necessary.  I know that there are many of you out there trying to figure out the best way out of a mess you are in. You may be considering selling your home because you are so overwhelmed by the payments due to either loan adjustment or income changes since you bought the house.  Unfortunately many of you realize that with the lower house values today you won't be able to sell the house right now for the amount you owe.  You may be looking into trying a short sale or you may be thinking of just giving up and allowing the house to go into foreclosure.  It is never a happy day for a real estate agent to be called in to list a property that the owners really don't want to sell.  There may be an alternative for some of you and it is really working for others who were in difficult positions.  

I just heard of a second personal acquaintance who is going to benefit for the Making Home Affordable Loan Modification Program.  She received a packet yesterday and she was so excited she called me right away. Her monthly payment is being reduced by close to $1200.00.  She began working on this after I sent her the post I wrote about this program back on July 24th and is now happy to report this success.  

By going to the website, MakingHomeAffordable.gov you can determine if you may be eligible by answering some simple questions.  You can also call 1-888-995-HOPE and speak with someone who will help you determine eligibility and help you get started.  

It is my hope that many of the struggling home owners out there can take advantage of this.  The foreclosures and short sales are not good for home values and are affecting the market.  If more people can stay in their homes it will be a win win for everyone.