We can help with your loan mod or short sale www.MIForeclosureHelp.com
Of course there are assistance programs out there that lower people’s mortgage payments, such as the government’s Making Home Affordable loan modification program, but who gets accepted into them is a decision made on a case by case basis by each mortgage company. One policy that some mortgage companies have, or they tell people they have, is that they only modify loans that are past due. And I know that a lot of times mortgage company employees will instruct a homeowner to miss a payment or three so they can be eligible to get help.
For a lot of people, the possibility of a lower house payment can be a big temptation to intentionally fall behind on their mortgage even if there is money to make the payment.
Don’t do it.
For example, I spoke to a man named Rich who was told exactly this by his mortgage company. So, Rich did what the person at his mortgage company told him to do. He stopped paying his mortgage for three months, then he called and told them he’d like to have his loan modification now. You know what happened? He didn’t get a loan modification. His house went into foreclosure.
Rich was irate when he called me up.
“I just did what they told me I had to do if I wanted a lower payment,” he said. “Then they put me in foreclosure for it? What the hell kind of scam is this they’re running?”
You would not believe how often I encounter this. It’s incredibly common. When a client asks me if they should stop paying their mortgage in the hopes of qualifying for assistance, I always give the same answer: “Not if you want to keep your house.”
There is nothing in the government’s housing program that says borrowers must be behind on payments to be eligible for the program. And yet I’ve told dozens of times that employees at mortgage companies say to my clients that they need to mis a payment or two, before they will be considered for a loan modification. “I don’t know why they tell people this. Maybe they’re misinformed or maybe they’re crazy.”
But if you’re somebody like Rich who was told by their mortgage company to skip a payment in order to get help, don’t do it.
Not if you want to keep your house.
HAMP 2.0 Refi Program Helps Jessica to Afford to Stay in Their Current Home!
http://www.youtube.com/
Visit My Loan Modification Website http://www.miforeclosurehelp.com
for a FREE copy of my eBook on Loan Modification Help “The Homeowner's Guide to Fighting Foreclosure”
Inside this eBook property owners facing foreclosure have options. Learn tools, techniques, and tactics for battling your bank!
Call me, Rick Giese 1-800-274-4646 today or email so, we can review options that are available for you to avoid foreclosure
CLICK HERE (http://www.macombshortsaleinfo.com/
Visit us on Facebook: Macomb Short Sale Help (http://www.facebook.com/
Visit My Loan Modification Website http://www.miforeclosurehelp.com
Visit My Short Sale Website http://www.miforeclosurehelp.com/
Rick Giese is a real estate associate broker at RE/MAX Advisors.
Phone Toll Free: 1-800-274-5656. email: Rick@RickGiese.com
Rick Giese specializes in loan modification assistance and short sales in the Macomb, Oaklandand southern St Clair County Areas of Michigan. MacombLoan Modification Help, MacombShort Sale Help. Oakland Short Sale Help Macomb and OaklandCountyMIour services are offering sellers another option besides pre-foreclosure foreclosure or bankruptcy that can affect their credit for years. We are currently offering our services in the Richmond, Shelby Township, Macomb Township, Chesterfield Township, New Baltimore, Clinton Township, Sterling Heights, Mount Clemens (Mt Clemens) Fraser, Harrison Township, Warren, Roseville, St Clair Shores areas of Macomb County Michigan Madison Heights, Troy, Clawson, Royal Oak, Rochester, Rochester Hills, Berkley, Birmingham areas of Oakland County
Photo:
http://www.prlog.org/
