Again, here comes another web article about those “Evil Mortgage Modifiers”
I’ve written about this in the past and will continue to. (Although my articles will probably get shorter and shorter) Avoiding mortgage modification fraud is pretty simple. Do it yourself with the REST Report.
Since this past June, attorneys can’t get anything accomplished in bank mortgage modification negotiations that you can’t get done. Attorneys only benefit you if and when you’re called to court in a foreclosure defense.
No attorney anywhere is monitored by the Better Business Bureau.
On a personal note, I used to represent two outstanding attorney firms. They were incredibly proud and jealous of their 97% success rate. They were very, very, VERY careful to not accept a file they couldn’t get done. Currently, aware attorneys are using the REST Report to calculate advisable mortgage modifications. The problem is that the banks have learned that they aren’t held responsible for good faith negotiations to attorneys any more than they are to the distressed homeowner.
Your initial consultation should be free. That avoids up-front fee concerns. It assures the attorneys can get it done anyway. The issue of ‘up-front fees’ is now moot because no attorney can afford to keep their doors open when getting sandbagged by the lenders. The answer is to file your mortgage modification application on your own and decide if you want legal representation if and when your miscreant lender calls you into court by illegally foreclosing on you.
Now, of course, you need to verify that any third party help you get is observing the Federal Trade Commission’s MARS Rule.
The internet being what it is, certain search terms need to be empahasized so that you can find the best information. The REST Report is best classified as loan modification software, or mortgage modification software. It’s claim to fame is that you use it to calculate Net Present Value exactly the way the banks do, using the same software. It is best used as a do it yourself loan modification or do it yourself mortgage modification.
This YouTube video says it all. Go here: How to Get A Beneficial Mortgage Modification Now Please ‘Like’ the video, will you? That makes it easier for others to find.
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tags: do it yourself loan modification,do it yourself mortgage modification, loan modification software, mortgage modification software, calculate net present value, rest report, avoid foreclosure, foreclosure alternatives, prevent foreclosure, stop foreclosure
Originally posted 2009-07-22 20:05:15. Republished by Blog Post Promoter
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About Another Evil Mortgage Modifier – http://www.mortgage-mod-monster.com/?p=32