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Dear Homeowner,
It is important to remember that once you become 4 to 6 months behind on your mortgage payments, the DEFAULT paperwork along with the SALE DATE of your home will be served to you by your lender. Once that happens, it becomes much more expensive and time consuming in order to save the property. The RESULTS of the MODIFICATION are far more BENEFICIAL if the process is started before the default paperwork is served.
IT IS IMPORTANT THAT YOU UNDERSTAND THE POSITION WHICH YOU ARE CURRENTLY IN, AS WELL AS THE EFFECTS OF ANY DECISION WHICH YOU CHOOSE TO MAKE IN RELATION TO THIS MATTER!
REMEMBER WE ARE HERE TO HELP!
Many homeowners haven’t had the luxury of speaking to someone that is qualified to answer questions or able to provide information that is helpful to their current situation. Because of this, many homeowners have ignored the phone calls and the certified letters and thought if they simply walked away from the problem the problem would take care of itself. NOT TRUE!
Homeowners, who have walked away from their properties, are now learning that a foreclosure is very expensive and absolutely damaging to the credit rating. The adverse affects from the damaged credit are unimaginable. Homeowners need to understand that a FORECLOSURE or EVICTION is far more damaging to the credit rating then a few mortgage lates. It is important to remember that once you have a foreclosure on your credit, you will now have to depend on a Co signer for anything that you try to finance, lease or rent over the next 5 to 10 years, which means someone will always know your business.
A foreclosure on your credit will make simple tasks complicated, an example of this would be large deposits will now be required when ordering utility’s and when applying to rent a home or an apartment the landlord will require months of rent or deposits up front and current interest rate rates on credit cards can be dramatically increased or cancelled all together.
One of the newest and biggest realizations of the foreclosure process which homeowners are now experiencing, is the fact that the lenders are going to court to seek and obtain judgments for any amount of back payments owed on the property, all accumulated legal and court fees, the difference that is owed if the property is sold through a short sale, any repairs or costs which are required to make the property turn key for new buyer as well as numerous other claims which your lender can seek legal action on. This is what is so costly about the foreclosure process and none of the homeowners who walked from their property had any idea that this could ever happen.
REMEMBER, the courts are aware that all lenders will modify loans for home owners in financial crisis who have legal representation. This makes it very hard for a homeowner to beat there lender in court, when the court itself knows that every homeowner has an opportunity to better their mortgage situation as long as the homeowner elects to enroll in the MODIFICATION PROCESS.
MODIFICATION definitely make more sense then foreclosure and it is much cheaper to have a legal team modify your loan, then to pay the costs of moving, up front deposits, litigations costs, possible storage costs not to mention the damage the foreclosure and any court awarded judgment will have on your credit.
In order to take advantage of a LEGAL MODIFICATION PROGRAM, please return the completed enrollment forms to our office so that we can provide you with an estimate of the benefits which you will experience should you elect to better your financial position through our LEGAL MODIFICATION PROCESS.
IN ORDER TO ENROLL INTO OUR LEGAL MODIFICATION PROGRAM, PLEASE ALLOW ONE OF OUR MODIFICATION REPRESENTATIVES TO ASSIST YOU. CALL TODAY! 800-529-3909
TO LEARN MORE ABOUT THE MANY ADVANTAGES
AND BENEFITS OF A LOAN MODIFICATION.
PROTECTING FAMILIES “One Home At A Time”
WE REPRESENT - WE NEGOTIATE - WE PROTECT
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