The amount of foreclosures in Washington increased by a staggering 35% from 2008 to 2009, according to RealtyTrac. Fortunately for distressed homeowners, loan modifications are becoming more prevalent and regulated. HomeStart is accredited by the BBB and provides loan modification services to the many who qualify.
Now more than ever, lenders are willing to renegotiate the loan terms. Not only do lenders save more money by modifying a loan than foreclosing on a property, but President Obama’s new Homeowner and Stability Plan (HASP) further incentivizes lenders to offer loan modifications. These loan modifications entail permanent adjustments to the loan terms that can allow homeowners to maintain their mortgage payments and keep their homes. HomeStart will determine if you qualify for a loan modification and get the process started with no upfront fees.
Why choose HomeStart over a law firm?
There are a number of reasons to choose a loan modification specialist like HomeStart over a law firm. The cost is usually much higher with a law firm. Law firms typically do not offer fixed rates for home loan modifications. They often charge hourly, which can lead to prices 2 to 3 times higher than those of loan modification specialists. Lawyers charging hourly will want to maximize their profit, which means the loan modification process will not only be more costly, but take more of your time. Law firms also do not uphold the same standard of customer service as HomeStart does, knowing that they are a last resort. If you want to save money, time and experience better service, HomeStart is here to help you start new, not over.
In addition to having an A+ grade from the BBB, HomeStart is licensed by the California Department of Real Estate (DRE). The DRE established certain policies for its members regarding the capability of performing home loan modifications. The DRE thoroughly assesses a firm before allowing it to become a member, which demonstrates the legitimacy of HomeStart.
For more information please visit www.YourHomestart.com