Comments on: Loan modification | Short Sale help http://montgomerycounty.choicerealestate.net/2008/08/loan-modification-short-sale-help/ Choice Real Estate® Thu, 17 May 2012 09:40:10 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: Louie Frias http://montgomerycounty.choicerealestate.net/2008/08/loan-modification-short-sale-help/comment-page-1/#comment-876 Louie Frias Mon, 19 Jan 2009 18:08:18 +0000 http://www.choicerealestate.net/blog/2008/08/28/loan-modification-short-sale-help/#comment-876 Homeowners should ask themselves if an attorney is actually working on their case and since its illegal for any attorney to guarantee the outcome of any case, how is it that everyone throws the word guarantee around? (Most likely NOT being said by attorneys, rather those who haven't a clue of what they're doing.) More likely they're NOT involved with an attorney and they use that word to falsely assure the homeowner that their hard earned money will be returned. TIP: Attorneys do not have "money back guarantees." Why not deal with experienced professionals from the very start? An expert will know if the consumer even has a shot at success. Experienced mortgage bankers with underwriting backgrounds are the only way upfront, that you can ever know if your loan will be approved...the same if true for loan modification. Don't just believe that some intake interviewer will know this. All that persons job is is to gather data, your check and turn your file in to someone who is supposed to be able to determine your chances...the person you initially speak with should be highly qualified to do this and not raise your hope or delay your answer. Homeowners should ask themselves if an attorney is actually working on their case and since its illegal for any attorney to guarantee the outcome of any case, how is it that everyone throws the word guarantee around? (Most likely NOT being said by attorneys, rather those who haven’t a clue of what they’re doing.) More likely they’re NOT involved with an attorney and they use that word to falsely assure the homeowner that their hard earned money will be returned. TIP: Attorneys do not have “money back guarantees.”

Why not deal with experienced professionals from the very start? An expert will know if the consumer even has a shot at success. Experienced mortgage bankers with underwriting backgrounds are the only way upfront, that you can ever know if your loan will be approved…the same if true for loan modification. Don’t just believe that some intake interviewer will know this. All that persons job is is to gather data, your check and turn your file in to someone who is supposed to be able to determine your chances…the person you initially speak with should be highly qualified to do this and not raise your hope or delay your answer.

]]> By: Felicia Newman http://montgomerycounty.choicerealestate.net/2008/08/loan-modification-short-sale-help/comment-page-1/#comment-782 Felicia Newman Sat, 08 Nov 2008 10:51:14 +0000 http://www.choicerealestate.net/blog/2008/08/28/loan-modification-short-sale-help/#comment-782 With the wordwide financial crisis we are now experiencing, every loan borrower will have their own share of difficulty in coping with their loan payments. Good thing there is such an option like a loan modification. With the wordwide financial crisis we are now experiencing, every loan borrower will have their own share of difficulty in coping with their loan payments. Good thing there is such an option like a loan modification.

]]> By: Rick Zepeda http://montgomerycounty.choicerealestate.net/2008/08/loan-modification-short-sale-help/comment-page-1/#comment-756 Rick Zepeda Sat, 04 Oct 2008 20:29:47 +0000 http://www.choicerealestate.net/blog/2008/08/28/loan-modification-short-sale-help/#comment-756 The secret to getting a loan modification approved is to have a good loan modification hardship letter. Also you have to document all your expenses correctly. Here is a <a rel="nofollow" target="_blank" href="http://hubpages.com/hub/Loan-Modification-Hardship-Letter" title="" rel="nofollow">sample Hardship Letter</a> The secret to getting a loan modification approved is to have a good loan modification hardship letter. Also you have to document all your expenses correctly. Here is a sample Hardship Letter

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