While I will always suggest to seek legal representation when exploring a Mortgage Loan Modification, I do understand that sometimes people just want to try it on their own first. Completely understandable. The legal representation way can be quite pricey, especially when funds are tight to begin with, and what can it hurt to try it on your own. After all, many people are very successful doing it on their own!
The Do It Yourself Mortgage Loan Modification process is not exactly rocket science by any means, but it can be time consuming and quite confusing if you don't know exactly what you are doing. The basic steps are listed in the blog post below, Do It Yourself Mortgage Loan Modification, but I would also recommend a Mortgage Loan Modification Do It Yourself Kit. They are quite affordable and can save you a lot of time and headache.
I have recently reviewed the Do It Yourself Loan Mod Kit and found that it has a lot of very useful information including forms & work sheets, examples of effective hardship letters, phone numbers to lenders, and even phone scripts to use while speaking to your lender! At a price of $19.99, this is a must have if you even think you may want to explore a Mortgage Loan Modification.
CLICK HERE to go directly to the Do It Yourself Loan Mod Kit or click on the banner to the right of this article with the Eagle on it.
If you can muscle the process on your own with this kit, which you can if you try, $20 is a small price to pay to save your home or lower your payment! Much better than the $2,500-$6,000 you will pay for legal representation!
Best of Luck!
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Excellent Job!
ReplyDeleteLife Style Rescue
Hello There ED
ReplyDeleteI was just replying to a comment you left on a wordpress blog and saw this blog so I decided to check it out. Not bad.
Yes the Do It Yourself loan modification kits are all over the place. I think they can be of real use to some Homeowners. I think folks could also use the kit along side other resources such as the free counseling available through the HOPE Now Alliance. Also there is a great site that serves as a free resource to Homeowners and consumers @
http://www.hopenhousing.org
Homeowners are probably also going to want to check out there mortgage lenders site to see what materials and such they provide.
This is a great blog you have here and should be an excellent starting point for those interested in obtaing a loan modification.
If you ever get the chance come and check out my blog @
http://stopforeclosureshere.blogspot.com