Loan Modifications Information - Results not good

By
Real Estate Agent with The Dickenson Group, Keller Williams

Many people facing the proposition of a short sale on their home or a foreclosure can seek a loan modifcation through the HAMP or Home Affordable Modification Program.  However, very few people actually end up getting a loan modification.  The requirements and paperwork are often overwelcoming.  Read here about the latest results of  Treasury Department report showing that Loan Modification Results Continue to Slip

 Nashville Southwest TN Foreclosures

Franklin TN Foreclosures

Brentwood TN Short Sales

 

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Comments (2)

Bill Blankenship
Lisa Von Domek & Associates, LLC / Real Living Real Estate Group - Midlothian, TX

Good morning Laura,

Another Government "fix" that doesn't work...why doesn't this surprise anyone?

Oct 06, 2011 03:27 AM
Laura Dickenson
The Dickenson Group, Keller Williams - Brentwood, TN

Oh, Lisa, don't get me started!!  :-)  Its important for consumers to know these dismal rates of success for HAFA so that they don't try to get a loan modification all the way to foreclosure!

Oct 06, 2011 04:42 AM