DIYLM Fizzle or Sizzle
A DIYLM is a Do It Yourself Loan Modification. The decision to modify your loan is contemplated by many of homeowners today and some are successful, especially when they have the time and knowledge to understand the loss mitigation system.
Betting the Farm
DIYLM are faced with the questions such as what paperwork is required. Where should I send the paperwork? What is the correct telephone number to get answers? What are my legal rights? What do I qualify for? How much time do I have to save my home? What to do after they say no?
The majority of DIYLMS get tired and frustrated with the process and end up calling a professional who specializes in foreclosure alterative programs, and is a skilled negotiator.
What gets Loan Modification done
In order for a Loan modification to be successful, You have to ask for help!
It is okay to fall you need to ask for people to help you get back up on your feet.
A lot of people are suffering in silence here in San Diego County. You are not alone! Ask for help. We are here to help you understand all of your options about alternatives to foreclosure.
POWER OF THIRD PARTY NEGOTIATORS
Most homeowners hired a professional in the first place regarding their home. Example:–Your appraiser was a professional. Your mortgage broker was a professional. Your escrow officer was a professional. You have hired a real estate broker or sales person, etc … In much the same way; a homeowners also need a Professional to represent them in negotiating with their lender. The power of a third party neutral negotiator takes the pressure off of the homeowner because emotions can run high during the negotiating process.
To find out more about Keeping Your Home & Knowing Your Loan
Contact SD Short Sales ASAP for a FREE consultations 760-576-(HELP)
Oak Tree Realty Group
DRE Lic # 01371856
4025 Camino Del Rio South #300| San Diego CA | 92108
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