Free Advice For Homeowners Help Yourself's (loanmodifications) Blog

Pitfalls & Solutions As a homeowner considering a short sale, it is important you understand the process. Following are some of the most common mistakes agents and homeowners make when handling a short sale.  Remember 100% of the agents will tell you they understand the process and may have taken...

Pitfalls & Solutions As a homeowner considering a short sale, it is important you understand the process. Following are some of the most common mistakes agents and homeowners make when handling a short sale. Remember 100% of the agents will tell you they understand the process and may have taken ...

Do Credit Repair Companies Actually Work? Professional credit repair companies do not advertise on the freeway off-ramps. Look for a company from a referral or one that is worthy of your referral.  It's an amazing feeling to be able to finance a car or home, be approved for a credit card or even ...

Hardship Letter One of the items your lender or servicer will ask for during the loan workout or loan modification process is a hardship letter. A hardship letter is a written explanation as to what "event" has caused you to fall behind on your mortgage and it vital in helping you stop foreclosur...

1. A "Forbearance Plan" is a repayment agreement between you and your lender.  A plan will be developed and placed in writing providing for payment of one full monthly payment and a portion of the delinquent amount due on your account. The objective of the plan is to allow you to cure your defau...