If preventing foreclosure of your home is what you really want to do, you need to take radical action now.
Events happen extremely quickly when foreclosure occurs, and the process can be absolutely overwhelming to those who are going through it.
There are more and more cases occurring where homeowners thought the modifications they had in place, and the requirements that the lender put in place for that modification to be approved had been met.
But in the end, the loan was not modified, and the foreclosure process was continued, unbeknown to the people going through the modification process.
In the end, the requirements that were handed down by the lender at the 11th hour was literally impossible to do for most homeowners.
The result? The mortgages were defaulted on, and people lost their home.
Does this sound familiar to you? Have you been doing everything in your power to save your home? Has your bank been giving you the runaround? Is preventing foreclosure your ultimate goal for you and your house? Don't put it off, and don't deny the scope of the problem.
You need to get professional help to assist you with your pending or denied modification.
Putting it off only makes it worse.
The fact of the matter is this: a few years ago, banks really wanted to help people stay in their homes.
However, things have changed over the last few years.
Financial home assistance isn't as common as it was a few years ago.
In fact, the banks have been secretly working behind the scenes to change the structure of how they operate and handle defaulted mortgages.
These practices have been found out by various legal interests, as well as the acting attorney generals of a number of states, who are fighting back, and taking the fight to the banks legally, making them rescind defaults and foreclosures, and forcing lenders to negotiate with homeowners.
When it comes to the modification process, the banks have no vested interest in helping you stay in your home.
There are billions of dollars to be made by banks through defaults and service contracts, and they stand to make much more than they would get by helping you stay in your house.
The evidence of the lack of help from the banks is more and more obvious daily.
The Long Island Business News reports, "Of the 1,027 homeowners with Chase mortgages who sought help with their loan, only 6 percent now have a permanent modification.
" And one of the largest publications in America, The New York Times acknowledges the illegality of the banks, writing, "The quest to secure new foreclosure rules, which began last fall after the banks were shown to be breaking the rules as they pursued evictions, may be slow but it is playing out in public.
" The problem has gotten so bad with home lender practices, that various attorney generals from other states are seeking to assist with investigations and lawsuits.
Various legal based firms and attorneys across the country are also preparing various actions against the banks.
The actions that many banks take against homeowners can be stopped or delayed.
In many cases through legal means, people have had foreclosures reversed or stopped, and monthly payments renegotiated of lowered.
If you are in a foreclosure, or have a sale upcoming, it would be in your best interest to contact a firm that can help you.
You have options, no matter how close the sale date is for your house.
You need to speak to a professional who can help you today.
There are options and programs that can assist you in staying in your home, delaying the sale of your home, or give you legal options that you can undertake against your bank if you believe that they have acted against you.
Preventing foreclosure is not a difficult thing...
when you have the right help.
Don't settle with a foreclosure of a trustee sale.
Fight back against the banks and win!