We are going thru this very process right now.

What I don't understand is the amount of inept counselors , realtors, who are allowed to "help" anyone in these situations.  There ought to be federal laws passed that prohibit inexperienced persons from entering into any conversations with homeowners facing these home crisis.

My wife was diagnosed with cancer, no work for her for over a year after the operation, I lost 73% of my business revenue, because the business I am in is tied to the housing, construction field.  I could only go so far carrying all the household expenses, food , shelter, clothing, etc.  We bottomed out eventually and the house is in jeapordy due to reduced incomes. 

Trying to work with a HUD counselor , was made worse , when the person no longer responded to emails , phone calls, neither did there so called "assistant" who would handle the "short sale" of the home, and the mortgage company advised us to work with a HUD counselor who was suppose to work with the "mortgage co." on our behalf. We thought we were on our way to saving grace. That we would just find new emplyment and that the home debt would be restructured to allow us to catch up and save our sanity.  Yet , the very people you are counting on to do the difficult part of negotiating a re-structure plan and hopefully allowing you to get back on track ...... become invisible and never to hear from again. All our nicest emails , telling them how glad we are that we went to them in the first place to get assistance. And how now everything looks more promising, was for naught.   They up and leave you out to dry. Without so much an explanation.   So what do homeowners do.....they consider it a "fluke" and then seek someone else to help them figure out their options .   And the next , "short sale" experienced realtor steps into the picture. But they never let you think that they too are inept......no ! , they present themselves "all for one and one for all."  Only they too prove to be a dead end to get you going in the proper direction with the mortgage co.

Then you have to still answer all the calls from the mortgagor , and hope that you are not putting your foot in your mouth.  Because you, by that point, are now  more months behind in your payments and getting closer to foreclosure and nevermind any short sale, or forebearance plan, you might have wanted. Now your back is up against a cold wall.  It makes no sense this whole system and it is a game for fools.

We will opt for the deed in "lieu of foreclosure" offered to us directly by the mortgage company after we explain to them how hard we have tried to work with the HUD counselor and then a realtor ..... I guess they felt more sorry for us than we did, having failed to get the problem resolved with the so-called help of those whom I thought should know  better.

For those of you reading this post and going thru this problem at whatever stage you are, please don't give up hope. My wife and I have found a very good source to turn to it is called Kimura Associates, Inc. and Agent for United Capital Mortgage Assistance, LLC. www.ucma.com/kimura

 Perhaps you too can get a better grip on how this thing is supposed to work from People who really care to listen and offer step by step assitance.  Unfortunately for us, it is probably too late to save our home. So be careful who you listen to for advice is all I can close with.

Somewhere in Florida,

Sorry not to have read & responded to your post sooner...I've been in the hospital much longer than expected.

I'm so sorry to hear of your troubles. There are those of us out there that are ready, willing and able to listen & hopefully help. I have also written some related posts regarding spotting possible Fraudulent Foreclosure Advice
and More Fraudulent Foreclosure Advice
One of the first things to check on is whether they have a valid Real Estate license.

Thanks for your contact information, I also someone benefits from the link.