Don't Just Give Up

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Don't just give up.  Easy words to say but not easy to follow through when you have a foreclosure threatening your home, family life, peace of mind, stability and many other things that make up ones life.
I have been working with families living under the threat of foreclosure for four plus years now and the situation is always the same. The bank refused to modify the loan so there is no way out except foreclosure.  In some cases this maybe true, but in other cases, it definitely is not. 
First and foremost, never pay someone or some company upfront to initiate a loan modification. You either do it yourself or you find someone on some company that will honestly help you without money upfront.  When you structure your modification, make sure you give the bank exactly what they want to see.  The information you give them has to be supported by cold hard facts, for example pay check stubs, bank deposits, rental agreements just to name a few documents.
Even though the bank may think they know what they are doing, believe me, the right hand does not know what the left hand is doing. You can ask an agent a question today and get an answer, re ask the same question in a day or two and get a totally different answer, and they will say, "Well, I don't know who would say something like that to you". They are not organized and whats more, they care very little about the consumer. IT IS WHAT IT IS.

My intention with these words is to help as many people as possible. I have been through the same. I modified my home loan and had a tough time doing it.  Persistence is the key until there is no other way except to lose your home. I then recommend you short sale your house. This will allow you some added time in your home and a chance to save some money to help your move and to start again.
Please let me know what you think and what your experience has been.

"Ask the Diva, She Knows"