Twitter Counter

Northeast Ohio Short Sales: A 2nd Common Loan Modification Trap

Northeast OH – Here is another common loan modification mistake that many homeowners make. They accept a very short term payment agreement that is not a loan modification.

They could have gotten a real modification, but settled for whatever the lender recommended to them. They settled for what is called forbearance. Here’s how it . . . → Read More: Northeast Ohio Short Sales: A 2nd Common Loan Modification Trap

Northeast Ohio Short Sales: Don't Fall Into The Most Common Loan Modification Trap

Northeast OH – Most homeowners negotiating a loan modification are not amazing negotiators. After all, it’s not every American’s job to be a great negotiator.

America is built on hard work and treating people fair. Most stores offer products at a good, fair price. The price is the price. If you don’t like . . . → Read More: Northeast Ohio Short Sales: Don’t Fall Into The Most Common Loan Modification Trap

Auto Draft

Yes, You Can Beat The System!

Northeast OH – A lot of people in today’s lending market are stuck. They locked in their interest rate when rates were higher. Now, they are barred from refinancing because they are upside down on their house.

Whenever they apply for a new loan, the first . . . → Read More: Northeast Ohio Short Sales: How To Lower Your Mortgage Payment Without A Refi

Northeast Ohio Short Sales: Loan Modifications Are Tough

Northeast OH – Loan Modifications are tough. Lenders don’t want to reduce your payment or reduce the amount you owe.

It’s insane. Don’t even get me started on the topic of the nation’s courts being tilted in the favor of the big banks!

Most loan modifications end in failure because the banks are . . . → Read More: Northeast Ohio Short Sales: Loan Modifications Are Tough