The Loan Modification Guide: For Homeowners and Their Professional Advisors - Brossura

Kackley, Dean Allen

Brossura

ISBN 10: 1449972268 ISBN 13: 9781449972264

Casa editrice: Createspace Independent Pub, 2010

Riassunto

Mortgage problems? This book will help.Newly updated. Available March 31, 2011.The "User's Manual" for HAMP, the federal Home Affordable Modification Program. Now with new chapters on challenging NPV results, escalating disputes, and closing short sales (HAFA). The most current and important information available for homeowners in distress.If you don't know what to do. If you've applied for a modification, but it's taking too long. If your lender made an offer, but it's not enough. Even if you've been turned down.Rely on this valuable resource during a long, unfamiliar, and discouraging process. It can shift the balance of power and help you get control.Cut through technical jargon and specialized knowledge. Homeowners and their trusted advisors now have a comprehensive reference when working with lenders. Step by step, it explains what you need to know and do to get a loan modification.Making Home Affordable, the "Obama Plan," sets rules for more than 85% of all home loans. What are the rules? Can I lower my payments? Is my lender required to modify my loan? Do I qualify? Does my lender play by the rules? Here are the answers to your questions, plus 12 questions to ask your lender.Understand the guidelines that the big lenders like Bank of America (Countrywide), Chase (WAMU), Wells Fargo (Wachovia) and CitiMortgage, use to modify home loans. They claim they want to help. Do you believe that? They work for someone else, "the investor." It doesn't matter anyway - they're overwhelmed. Borrowers must take responsibility for themselves. This book encourages, leads, empowers, and makes that possible.The Loan Modification Guide includes helpful suggestions and practical tools. Calculate your new payment. Complete the financial statement with a key to the nine categories used to qualify modifications. Look up unfamiliar, but crucial terms in the Glossary.Get organized before talking to your lender. Know whether you're eligible for a modification before you call. Be prepared. Be ready. Be confident.

Dettagli dell'edizione

• Editore: Createspace Independent Pub
• Data di pubblicazione: 2010
• Lingua: Inglese
• ISBN 10: 1449972268
• ISBN 13: 9781449972264
• Rilegatura: Copertina flessibile
• Numero di pagine: 183
• Contatto del produttore: non disponibile
• Persona responsabile: Yeepin GmbH; 492000000000; sunshine12232@outlook.com; ; Alleestr.11; Kaiserslautern; Rheinland-Pfalz; 67655; Germania