If you purchased your home less than 3 years ago, you might be a victim of a declining market. If you have also experienced a change in your economic situation and are falling behind on your mortgage payments, there are options for you. Please don't "put your head in the sand" and think it will either all go away or somehow get better. I know this is a stressful time, but don't prolong it or make it worse. Exlore all of your options.
Making Home Affordable includes opportunities for homeowners to modify or refinance their mortgage to make their payments more affordable. The program has recently been expanded to help homeowners who are unemployed or "underwater" (they owe more on their mortgage than their home is worth). It also provides options for homeowners who can no longer afford their home and are interested in a short sale or deed-in-lieu of foreclosure.
If you have any questions about your options, I am available to answer questions or meet with you for a free, personal consultation.
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