Author:
Publisher: Lowcostloanmodification.com
ISBN:
Category :
Languages : en
Pages : 66

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Book Description

Author: Ralph R. Roberts
Publisher: John Wiley & Sons
ISBN: 0470501995
Category : Business & Economics
Languages : en
Pages : 316

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Book Description
The crucial information you need to secure a reliable loan modification and save your home Behind on your mortgage payments? Worried about losing your home? Don't panic. Loan Modification For Dummies gives you the reliable, authoritative, easy-to-understand guidance you need to apply for and secure a loan modification that lowers your monthly house payment and keeps you in your home. This practical, plain-English guide leads you step by step through the loan modification process, from contacting your lender to applying for a loan modification, evaluating the lender's initial offer, and negotiating a modification that lowers your monthly payment while helping you catch up on any past-due amounts. You'll learn how to communicate with your bank or loan servicer, recognize and avoid loan-modification scams, and find a knowledgeable loan modification specialist, if you choose not to do it yourself. Advice on determining whether you're likely to qualify for your lender's loan modification program Guidance on preparing and submitting a loan modification application that improves your chances of success Helps you figure out a monthly payment you really can afford Tips on modifying your loan even when you owe more than your home's current market value Negotiation advice for securing the best possible terms and lowest monthly payment Resources for contacting your lender, obtaining free or affordable third-party assistance, and getting government agencies on your side Read Loan Modification For Dummies and start saving your home today.

Author: Christopher De Cecco
Publisher:
ISBN:
Category : Foreclosure
Languages : en
Pages : 55

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Book Description

Author: J. Harold Gwynne Iii
Publisher: Outskirts Press
ISBN: 9781478711247
Category : Education
Languages : en
Pages : 244

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Book Description
Americans are sick with fear of losing their home to foreclosure and J. Harold Gwynne III is the only one who has the cure! Are you currently behind on your mortgage? Are you anticipating being late on your mortgage? Have you been turned down for a loan modification? If you have answered "Yes" to any of these questions, you need to read H.U.D. RULES; HOW to be APPROVED for a LOAN MODIFICATION. For the people who are applying for a loan modification, 70% of you will be denied your loan modification and lose your home to foreclosure, simply because you do not know what you are doing and you want someone to hold your hand and walk you through the process. If you read J. Harold's book and follow his directions, without any deviations, 100% of you will be approved for your loan modification. J. Harold walks you through the process, step by step, from beginning to closing, showing you how to be approved for a loan modification. In the next four days, you will have completed every document required and packaged your Loan Modification Request Package exactly in accordance to H.U.D.'s rules. Because each of your documents are as exactly the way H.U.D. and your Investor requires, there will be no other documents required, no questions will arise and your loan modification review will go so smoothly, you'll have to remind yourself you are still in review. Better, yet, you will be approved within sixty days from your submission; in one sixth less time than 95% of everyone who applies. People fail, not because they can't afford a modification, but because of their lack of documentation. J. Harold will show you how to be approved for your loan modification.

Author: Michael Albert
Publisher:
ISBN: 9781440445828
Category :
Languages : en
Pages : 36

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Book Description
A 10 step handbook on getting better mortgage terms from your bank. Find out how to lower your mortgage payment without paying thousands of dollars to a broker or a lawyer.

Author:
Publisher: Short Sale Hardship Letter
ISBN:
Category :
Languages : en
Pages : 34

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Book Description

Author: Thomas Powell
Publisher:
ISBN: 9781604813852
Category : Foreclosure
Languages : en
Pages : 0

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Book Description
Loan Modification Made Simple An Insider Guide to Understanding Modification and Preventing Foreclosure Section 1: The Basics * Premise of this Book/Introduction * Comparison of Modification vs. Refinance Section 2: Understanding the Concept of Loan Modification * What is a Loan Modification? * Characteristics of a Note that a Bank Can Modify * Why Would a Bank Modify a Loan? * Causes of the Modification Boom * Modifications are Negotiations: Use the Threat of Foreclosure * Foreclosure Timetable * The Banks Reaction during the Foreclosure Process Section 3: How to Modify My Loan * What are Loss Mitigation / Home Retention Departments? * The Proper Way to Deal with Your Loss Mitigation Department (extremely important!!) * Step by Step Procedure on to How to Successfully Negotiate Your Own Loan Modification * Hardship/Hardship Letter * What Banks are looking for to Grant a Loan Modification Section 4: Breaking Down Modification Companies * When a Homeowner should Contact a Modification Company * Difference between an Attorney Based Modification and a Non-Attorney Based Company * Difference between Attorney Based Modification Companies and Law Offices * Avoiding Scam Artists Section 5: California Governor Arnold Schwarzenegger's Answer to the California Housing Crisis * California's Loan Modification legislation Section 6: Finalizing and Submitting Your Modification Proposal * Putting the Loan Modification Proposal Together and Submitting * Developing a Loan Modification Proposal * Example Loan Modification Proposal * If a Principal Balance Reduction is Denied * Loan Modification Income and Expense Worksheet * Proper Loan Modification Cover Letter Section 7: Forms * Explanation of How to Properly Fill Out Forms * Loss Mitigation Fax Cover Sheet * Example Cover Letter * Loan Modification Proposal * Real Estate Cash Flow Worksheet * Dynamic Expense Worksheet * Dynamic Income Worksheet with Disposable Income Calculation * Example Hardship Letter * Example List of Hardships Section 8: Pertinent Modification Terms * Glossary

Author: Mario W. Watkins
Publisher: Author House
ISBN: 1467839450
Category : Reference
Languages : en
Pages : 112

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Book Description
This Loss Mitigation Foreclosure Workbook has been developed for people that are not utilizing common mitigation resources, perhaps because of not knowing there is more than one option. There simply is not one single option that fits every situation. Readers can discover proven methods and techniques that they haven't tried. If a homeowner takes action in the early stages, this book becomes a short-term friend. If a homeowner is at the level where he/she feels there is no way out, then this book becomes a life long friend. It explains detailed options available to reach out-of-court-resolutions of a foreclosure situation. It contains many suggestions, advice, directions, and easy intructions written for the reader who desires to complete the step-by-step process. The material was designed, compiled, and used by an expert mortgage default mediation negotiator over the past seventeen years in direct mitigation practice.

Author: Dean Allen Kackley
Publisher:
ISBN:
Category : Foreclosure
Languages : en
Pages : 183

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Book Description

Author: Howexpert
Publisher: Howexpert
ISBN: 9781647580728
Category :
Languages : en
Pages : 56

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Book Description
If You Want To Learn How to Get Out of Foreclosure with a Loan Modification, Then Get This Potentially Life Saving Book! A home loan remodification is a method you may qualify for that allows you to get current again. If you are behind several payments, you may be in fear of foreclosure. Perhaps that process has already been started and you are afraid you will lose your home. A loan remodification can allow you to re-age your loan and get a payment you can afford with your current financial circumstances. Instead of trying to come up with a lump sum of money to save your home, you only have to focus on being able to meet that monthly mortgage payment. The process to qualify for a home loan remodification takes time and you have to follow the steps or you can be denied for failure to comply. Once your application is in motion, the foreclosure process will be put on hold. This gives you and the mortgage company time to go through all of the paperwork and see what can be done. Most lenders want to extend a remodification loan to you rather than foreclosure on the property. With that in mind, it is to your advantage to see if you qualify. About the Expert I didn't know about loan remodification until my home was already in foreclosure. I was trying to explore my options and came across the details. I was frustrated that my mortgage company hadn't taken the time to share that with me as a possibility. They had no trouble calling me at least twice per week to ask for the full amount I was due. They refused to take payments and didn't seem to care about the reason why I was getting behind. Armed with information, I called them and asked for a loan remodification application. I am glad I did as it got me back on track with my home loan. I am hopeful this process can do the same for you. If you are facing foreclosure, you definitely want to look into home loan remodification as an opportunity. HowExpert publishes quick 'how to' guides on all topics from A to Z by everyday experts.