Falling behind on your FHA mortgage? Help may be on the way
Falling behind on your FHA mortgage? Help may be on the way
by : Joe Sloboda, Burgess Law Firm
Across America millions of homeowners are trying to get their mortgages modified, many times these people are told that they need to “fall behind” or to be late on their payments before their lender will even consider talking to them about a loan modification. Let me first say that while it is true, many lenders are acting more quickly to help those homeowners who are at risk of foreclosure, it is NOT necessary for a homeowner to be late on payments in order to get assistance. 
The Pre-Foreclosure Decision: Top 10 Questions to Talk Over with Your Attorney
This is a re-post from an article that appeared in a monthly newsletter for the Arizona Area of Realtors earlier this year. What is so good about this article is that it clearly lists some very specific questions that every home owner should be asking when they are considering the decision on either attempting to modify their current mortgage or simply selling the house for Short Sale. If these are questions that you are seeking answers too, please call or contact our offices to schedule a consultation.
Re-Posted from AARNEWS . . .
Mortgage help: Do you qualify?
Mortgage help: Do you qualify?
President Obama’s new real estate rescue plan offers two key possible benefits: More refinancing opportunities and greater chance for a loan modification.
NEW YORK (CNNMoney.com) — The eagerly anticipated foreclosure prevention program unveiled Wednesday by President Obama targets 9 million borrowers for help – are you one of them?
The $75 billion effort, dubbed the Homeowner Affordability and Stability Plan, boils down to two basic solutions:
First, the government is aiming to help more homeowners refinance to take advantage of new low interest rates.