Your short sale expert should be able to extend the time you can remain in your home, assist with a loan modification, set up a short refi, or help sell on a short sale. Remember that the loss mitigators you are calling are human as well and should be spoken to respectfully. Your short sale expert is experienced with these communications. Let them make the calls, you are way too emotionally involved.

Sometimes we can all feel the financial pinch a little. As the credit crunch continues to bite and prices for everyday goods go up, your wages can struggle to cover all the day to day living expenses. If an unexpected bill suddenly arrives or the car needs urgent work, that additional financial burden can leave you facing overdraft charges or mounting credit card debt.

Do I qualify for a loan modification? You may be asking yourself this question as you try to find a solution to stay in your home. It can be confusing, but here is some important information to help you decide your options and how to begin.

In some markets more than 1 out of 10 homeowners are dealing with a pending foreclosure. The most common initial reaction is to avoid the lender and bury one’s head like an ostrich hoping to avoid danger. It is impossible to hide from mortgage obligations without dire consequences but a proactive strategy can produce positive results.

STOP IN THE NAME OF LOVE; That is right pretty cheesy line. But it is true. Think about it! You are in your home that you purchased for your spouse and your kids to grow old in. But now you are faced with trying to find ways of Stopping Foreclosure. Remember how proud you were when you found out you were approved for that loan. Did you show everyone around your home when they first came over to visit? Or, maybe you had a “housewarming party” to celebrate your new home.