loan modification: Loan Modification...DENIED! - 01/26/11 04:47 AM
There are many homeowners in Contra Costa County that have tried to save their homes.
They have called the banks, sent thousand of pages of documents, made the trial mod payments
on time with hope...only to get a letter that reads:
Loan Modification DENIED!
These letters somehow paralyze the homeowner...they are dumb-stuck, angry, scared and feel hopeless!
Well I am here to say the there are other options after a Loan Modification has been denied!
First things first...there are scams out there and it is best to work with someone local, that will
come by your home and talk to you. … (0 comments)

loan modification: Life After your loan mod has been denied - 01/20/11 01:27 AM
Life After your loan mod has been denied.
I know that the whole country was hoping that Loan Modifications would be the saving
grace for homeowners. All the banks needed to do was to work with homeowners to help
get their mortgages to a plan that made sense. I actually thought short sales would not be
that popular because the banks would be helping EVERYONE work out a plan and we would be
moving out of this economy...well that has not happened and all I hear from my clients is:
WHAT HAPPENS WHEN MY LOAN MOD HAS BEEN DENIED???
Well there … (1 comments)

loan modification: Will a short sale or Loan Mod. work for my clients - 10/07/09 03:15 AM
I have gotten a lot of calls to see if a loan modification is an option. And the answer is "I do not know". There are so many variables to a loan mod or short sale...who is the lender, what is your hardship, what is your financial status, where do you live, how many properties do you own and so on. Just "trying" for a loan mod or short sale can damage your credit and you may be left with foreclosure as your only option. Statistics show that most loan modifications do not work, they are temporary at best.
I just … (9 comments)