The Sky may be Falling for the Next Decade

As a result of our efforts to save homes and in essence, save America, we are finding out that this popped bubble may last a decade.

Recent reports show that Wachovia and Washington Mutual may have concealed the actual numbers of defaults on their books so that executives could get their bonuses. This means other banks could fall by way of Indymac and have difficulties going forward.

The good news is if you have a loan on your home or an investment property that is costing you more than it’s worth or you put the wrong loan on it, we can help with a loan modification or short sale.

Here is a recent modification case.

Woman was at 10.95% before modification.

New modification:

2.25% for next 3 years adjusting to 6.25% cap in 2014. She makes no payments until October 2008 and was settled this month.

If you need help go to this page and download the modification questionnaire. Fax it in to us when it is completed.

Stay safe,

James Burns, Esq.