Keeping your home with loan modification

The American dream seems to not be complete without home ownership and was a pinnacle part of post World War II. However, buying a home does not always end up happy or can turn from dream to nightmare. We are now (2008) facing one of the most unpredictable times for our country financially. With the mortgage and subprime debacle comes a whole new set of rules along with slowing home sales and jaw dropping depreciation of homes, in some areas as much as $100,000 or more lost for the newcomers who bought late. The question in their minds “will it ever come back?”

We see many people walking from their homes right now when there are several other options that will reduce the effects on their credit because in American Cash is not king…’Credit’ is king because it gives way to cash access. If you are struggling with your home payments go to this link and get the questionnaire that you can fill out and fax it in.

On Wednesday, July 30, 2008 President Bush Signed into law the housing rescue plan…what does it mean for you? Find out by going to this link and make a determination.

3 Things you can do right NOW!

1. Determine if you can afford your home by honestly examining your home balance sheet, see later chapter on how to establish this.
   1. Contact a mortgage modification paralegal like you would find at law firm handling modifications.

The other two are available in my e-book “How to Avoid Foreclosure- 3 thing you can do now.” You’ll find it on this site and it is packed with information to get you back on track.