For homeowners who find themselves struggling or unable to make their mortgage payments, there are several options that mortgage lenders can provide for temporary or long-term relief. Each lender has specific solutions and not all options may be available, but the following can provide a starting point to a [...] Continue Reading…
Tags: loan modification, tips
The unfortunate environment that we are in today where much of the country is facing an avalanche of foreclosures has been a breeding ground for scam artists and less than legitimate foreclosure rescue companies. The stress and desperation of homeowners who are dealing with foreclosure makes it easy for [...] Continue Reading…
HUD’s (U.S. Department of Housing and Urban Development) tips for homeowners who are having problems in making their mortgage payments or are already in default.
Most importantly, don’t ignore the problem. Timely attention to the challenges that you are facing will increase the chances of reinstating your home loan.
Contact your [...] Continue Reading…
Adapted from an Associated Press article by Alan Zibel:
Most people trying to stave off a foreclosure are better off trying to negotiate changes in their loan rather than filing for bankruptcy.
For homeowners who have found themselves struggling to keep up with their mortgage payments after an increase in their [...] Continue Reading…
Tags: bankruptcy, loan modification
