There has been a lot of discussions recently about whether people should walk away from their mortgages. Should people just lock the doors and move on? Should people stay in a home that is “underwater” and hope that the market rebounds? Should people sacrifice everything else in their lives to make sure they can keep [...]
The short answer here is NO! It is our policy that you should always make your mortgage payments. Failing to pay your mortgage is the fastest and most direct route to financial ruin, bad credit and the inability to buy another home when times get better. There are no exceptions to this rule, however sometimes [...]
With so much information and mis-information out there, I thought that I would take the time to explain the loan modification process in-depth. There are so many steps to getting approved for a loan modification and any misstep in the process can result in your package being denied.
Many financial experts and advisors cannot figure out why [...]
This is the second most common question I am asked every day (the first one being: Do I Need To Hire An Attorney To Do A Loan Modification?). A loan modification USUALLY takes between 60 and 90 days. Usually. The banks have been known to take less time and sometimes they take as much as 120 [...]
There are so many scams out there. Loan modification companies are popping up everywhere. Everyone thinks they are an expert. Here is what I can tell you…not everyone is an expert. That is how the economy ended up the way it is now. Everyone tried to get into the Real Estate field and became a [...]
