How Is That Loan Modification Working For Your Lakeland FL Home?
Lakeland homeowner calls who is all upset and depressed because the lender had just declined their HAMP loan modification. This is just one call of many I have been fielding lately while working as a Lakeland FL Short Sale Agent. A homeowner who has done everything in their power to keep the home, who have done the right thing and complied with all the lenders request. For nothing! They are now faced to put up their home as a short sale, to avoid the unthinkable - foreclosure! I wish I could say this was just one incident, however, I am of the opinion from experience in discussing with homeowners, HAMP loan modifications success rate are horrible. All in all, loan modifications are not affordable for homeowners in Polk County, Florida. Most of the homeowners depleting their entire savings and retirement while being led to belief by the banks their loan mods getting approved, they find out the loan modification has been denied. Reason being banks make unreasonable demand, bureaucracy, lost documents, big banks are in charge to negotiate loan mods. Homeowners are blaming lenders being cruel and unethical.
While this is a very emotional draining time and you just want to give up, there is a light at the end of the tunnel. Although it is a lot of work for all parties involved, Lakeland Short Sales do close. Rather you being foreclosed or do a deed in lieu of foreclosure, if possible a short sale is your best and viable option.
Don't let time pass you - don't be foreclosed! You may have already heard that lenders have increased foreclosure filings in recent weeks and I suspect we will see an increase in foreclosed properties in Lakeland FL.
If you are considering an experienced Lakeland Florida short sale agent, please call for a personal and confidential telephone consultation at (863) 619-6918. As for any real estate transaction, I recommend to consult with your attorney and/or tax advisor.
IMPORTANT NOTICE: CDV Transatlantic,Inc. is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.
Copyright © 2011 By Petra Norris *How Is That Loan Modification Working For Your Lakeland FL Home? *
Petra Norris - REALTOR®, SFR
Managing Broker - CDV TransAtlantic, Inc.
Managing Broker - CDV TransAtlantic, Inc.
(863) 619-6918
