Are Loan Modifications Working?

May 10, 2010 by  
Filed under Are, Modifications Working?

After much effort on the governments behalf to dig us out of this inevitable housing crisis we face, the efforts have seemed to fail horribly.  Only a small amount of homeowners were eligible for these modifications to begin with, and those that did receive help are still unable to meet the payment requirements.  The modification always looked like a temporary resolution to a problem that would stir up once again in no time at all.  The answer is to short sale. Get out of the negative debt you owe, stop trying to hold on to this property that has no value.  Throw your emotions to the side and start making smart decisions for your future.

Housing Assist Coldwellbanker