Why Is A Shortsale Better Than Foreclosure

Managing case managers and attorney's to handle loan modifications is like trying to heard cats. The operative word is "managed. "So many customers are under the impression that a mortgage modification is achieved through a negotiated process, The customer is mislead. I stress to my customers that the process of modification is done based on established rules and guidelines. These guidelines bring order to a crazy process. Clients would constistantly complay how nothig got done by the law firm they hired. Customers just want to have a clear answer of why they were denied.

Giving wrong information is not good. People have no idea what goes on after they submit their files to the bank. The banks will never tell you if your files are in order or not.

If you are missing documents when you submit the file is not a good thing.
Don't assume that your eligible for a mortgage modification because your neighbor got one.

The banks can and will verify documents you submit.

Don't relinquish control or contact with your bank to a Third Party.

Doing it right will save you time and headaches.

Don't trust what others say, educate yourself.

Do… Find someone that has experience that you trust to Coach you through the Modification Process.

Do… Take responsibility for your own situation. If your underemployed find a better job, rent a room, cut expenses, etc

Don't be a jerk on the phone with the bank.

Attitude and experience will get your loan modification done.

I don't know how any can do this alone without guidance. The banks seem to change their guidelines almost every week.