Loan Modification Secrets: FAQ 2
www.60minuteloanmod.com – LOAN MODIFICATION IS IT RIGHT FOR ME? I have a free 60 Minute Loan Modification CD that teaches you how I modified 6 of my own mortgages and now teach others to do the same. Follow the link above. WHAT IF I WANT TO SELL MY HOME? Lets look at the facts: 1) The home’s value is at an all-time low. If you maintain your home for 2 more years, the bottom will flatten out in the real estate industry and the home’s value will begin to rise. 2) Time is not on your side. Housing inventory is at an all-time high and demand is at an all time low. What this means is the home will most likely NOT sell before the foreclosure ends. 3) You will probably owe more than what you will receive from the sale of your home. 4) High commissions to real estate agents. On average, you will have to pay 5-7% in fees for the sale of your home. 5) If you do find someone to buy your home, you will probably not qualify for a new loan. The lending industry has really tightened their lending practices so obtaining a new loan is next to impossible. LOAN MODIFICATION IS A GREAT OPTION! FREE LOAN MODIFICATION FORUM: www.60minuteloanmodification.com