It’s not easy. Being a proud home owner and paying the bills. Trying to do your best at your job and trying to do the best by your family and give them time.
It’s a delicate balance, a fine line. So is your amount of mortgage payments.
You have already signed papers with your bank or other lender. This is binding forever and ever, right? Not at all.
The U.S. Department of Housing and Urban development oversees the Making Home Affordable (MHA) program. Under this strategy, homeowners in distress may avail of certain programs to avoid foreclosure on their homes.
Or consult a home loan modification expert, such as Loan Modification Depot. You can visit their website at: www.loanmoddepot.com . Consultations are free. They will probably walk you through your options – loan modification, refinancing, short sale etc.
If it turns out that you are eligible for a home loan modification under the Home Affordable Modification Program (HAMP), then the loan modification lawyer will help you file the paperwork necessary.
After the filing, the attorney’s office will follow up your case and push it to the top using their connections in the industry.
But where the attorneys’ services really come in handy are in the negotiations. You are asking the lender to give up a part of his profit. He is unlikely to be willing to do this. However, if you have a professional, expert lawyer by your side – the lender will not be able to send you on a circuitous route. After all, your expert attorney knows the law. You may be able to re-negotiate lower mortgage payments and/or interest rates.
Your lawyers may be able to save you up to a thousand dollars in monthly payments. That is your hard earned money – which you could use to help settle the monthly bills. With a little bit less stress, you could spend a little more relaxed time with the family, in your home.
Visit Loan Modification Depot at : www.loanmoddepot.com