Loan modifications - Get The Facts
By Ron Wysocarski, CEO, Pricing Specialist
(Wyse Home Team Realty)
Loan modifications continue to be a source of relief as well as controversy. My previously stated opinion is that all loan mods are not created equal. If we have learned anything from the mortgage meltdown, it is readily apparent that everyone should read the fine print and ask questions before signing anything. There are many reputable people in the banking industry that will guide you through the process. The facts should be easily accessible. There have been a shockingly large number of defaults on recently modified loans. The cautionary tale is to be sure that the modification that is offered presents a viable long term solution, as opposed to only a few months of relief. Click here to read more about loan modifications. Seach Daytona Beach Homes
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