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subject: Free Loan Mod Info Review-Free Loan Mod Info Scam [print this page]


Free Loan Mod Info Review-Free Loan Mod Info Scam

The Federal Government has earmarked BILLIONS of dollars to help homeowners modify their home loans and avoid foreclosure. However, some homeowners fail to realize that most lenders don't really care if you get your loan modified or not. In fact, if you make a simple mistake - like failing to write your zipcode, or write it incorrectly and an application will be automatically be rejected "for failing to have a complete address." Worse, you might not know about it for several months! Scary, isn't it? (Just think if you were paying somebody $500 a month to do your loan modification and that mistake was made!)

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In addition:

*Some homeowners will say the wrong thing to the bank.

* After all, the bank is a debt collector who will record every phone call made -- and they'll call morning, noon and night too!

*Some homeowners have already applied for a loan mod and were denied and are told they can't apply again. Not true!

* Some owners may need help filling out the forms because English isn't their first language.

*Then there are homeowners who don't know what to put on a budget so that it passes with the bank and what simple thing to avoid that make them automatically not qualify!

In Mortgage Modifications Made Easy, real estate broker Bob Boog shows you the HAMP ropes! You can use this information to do your own Hamp loan modification, or help a *friend. (*But if you are looking to make extra money while doing this,please follow the local laws where you live.)

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There is a lot of confusion surrounding our field. I want to give you 3 criteria or elements you absolutely, positively must have in any solution you obtain:

1. Is the person knowledgeable and experienced about the subject - or did he or she just come on board two months ago?

2. Is the person licensed to sell real estate in California - with the strictest laws? Or are they from Indiana or Kentucky or Georgia where the laws are much different? [You don't want to be accused of breaking the law, as California foreclosure helper laws are the strictest in the nation!] Plus this ebook gives you the LATEST information about President Obama's HAMP (Home Affordable Modification) Program.

3. Is the person promoting a "get-rich-quick" scheme? (Like you'll easily make $50,000 per month?) Or charging you an arm and a leg to do so?

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