Use your military status to stop foreclosures
Friday, June 26
If you are in military there are certain apparent benefits that you can get for stopping the foreclosure. Although it won’t relieve you from the obligation, it can allow temporary suspension of the collection while you are on active duty.The SSCRA has quite a few of the benefits:If you are on act...
COMMUNICATION WITH THE LENDER
Wednesday, June 24
While you try to stop your foreclosure, there is one thing that is very important and that is to stay in constant touch with your lender. This is important because you need to confide your lender that you are in genuine financial crisis and that you are not cheating on your part. Don’t shy away f...
Is loan modification process worth doing it yourself?
Monday, June 22
Loan modification is a pretty long and complex process, many a times people think that loan modification is a process that can be done by own self also but the truth is that it is a process that you would generally not like to get into as it is pretty long and stressful. It requires someone with...
IMPORATNT GUIDELINES ABOUT LOAN MODIFICATIONS THAT YOU MUST KNOW
Saturday, June 20
There are certain important things that you should know before going in for a loan modification programme. If you think you have the ability to fit in those guidelines, it is advisable for you to move ahead with the loan modifications. These guidelines would help you secure a loan modifications o...
Understand the difference between short sale and loan modifications
Monday, June 15
Short sale happens when the borrower cannot afford to make the monthly payments and has to find a means of getting out of the bad financial circumstances by selling the home. Short sales is a process that usually is not favored by the lenders because it’s a process where the lenders make a loss. ...
Increase your chances of loan modification
Saturday, June 13
Loan modification is one of the best ways to get relief from foreclosure in today’s times. But the problem is that loan modification is a sigh of relief in the housing market today to save your home, not everyone gets through it and that is disheartening. However there are some simple tips throug...