Foreclosure and Loan Modification Blog

2017's Atlantic hurricane season was one of the strongest ever, with three Category 4 storms hitting the U.S. (Irma in Florida, Maria in Puerto Rico, and Harvey in Texas) causing billions of dollars in damage and thousands of deaths. Unfortunately, the 2018 Atlantic hurricane season, which runs from June through November, is expected to be above average in terms of number and intensity of storms.

As of this writing, two people have already died in flooding caused by tropical storm Alberto.

For 2018, forecasters are predicting 14-18 named storms, 7 hurricanes, and 3 hurricanes of category 3 or higher. So, it's a good idea to take all necessary precautions to protect you and your family's well-being and property from the effects of any storms that might come your way.

The National Hurricane Center says that there are two keys to weather safety:

1. Prepare for the risks.
   
2. Act on those preparations when alerted by emergency officials.
   

You can visit the National Hurricane Center's website to read all of their tips on safety during the hurricane season, but here are some of things to take into consideration as you prepare for potential storms.

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Home Bridge Financial Services and SPS:

Home Bridge Financial Services

Loan modification success! Our Home Bridge Financial Services clients in New York were one year and $29,031.13 past due on their mortgage and at risk of foreclosure, but we helped them get a final FHA loan modification with a fresh start.

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with PennyMac, Loan Care, Carrington:

PennyMac

Our PennyMac client was 20 months and $16,424 past due on her mortgage, which had been modified in 2015. We helped her get a permanent FHA-HAMP loan modification with lower interest rate and a fresh start!

Have you fallen out of love with your timeshare? Are the maintenance fees too high and ever-increasing? Do you think it was a mistake to purchase your timeshare in the first place?

If you answered yes to those questions, you may want to sell your timeshare. You're definitely not alone in wanting to do that. According to some data, the vast majority of people who've purchased a timeshare regret doing so.

So, how do you go about selling your timeshare? Here are some tips to get you started:

1. Contact the resort developer, management company, or owner's association.

You are probably not the first person at your resort to decide that buying a timeshare was a mistake. Management at the resort likely will have dealt with quite a few people in your situation before. They may have a resale program, or a website or an email newsletter for people like you to list their timeshares for sale. They should be able to give you some useful information.

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with PennyMac, SLS, Rushmore:

PennyMac

Success! Our PennyMac client was in active foreclosure and at risk of losing his home after falling $27,292.78 past due on his mortgage. But we just got him approved for a 3 month trial loan modification plan with $476.19 cheaper monthly payment!

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with PHFA, Shellpoint, Ocwen, Rushmore, and Trinity Financial Services:

Rushmore

Our Rushmore client was 62 months and $120,007.45 past due on his mortgage, but we helped him get a final loan modification with $40,557.35 principal forgiven and a fresh start!

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with Caliber, SPS, Carrington, Bayview, and Mr Cooper:

Caliber

Our Caliber client was 22 months and $54,285+ past due on his mortgage, but we got him a 3 month in-house trial loan modification plan with $336.12 monthly savings!

SPS

Our SPS client was $72,921.88 past due on his mortgage and had a sale date set, but we helped him get a repayment plan that will allow him to keep his home!

Our SPS clients had a May 30th foreclosure sale date scheduled, but we helped them get a repayment plan that stops the foreclosure sale! After the repayment period, they will have the opportunity for a loan modification.

In December of 2017 we were hired by homeowners in Williamson County, Illinois who needed help keeping their home. To protect their privacy, I'll call them the Taylors.

Unlike most of our clients who want to avoid foreclosure and/or get a loan modification, the Taylors had already lost their home in a foreclosure auction and didn't want a loan mod.

Wait a minute. If they'd already lost their home, why in the world did they hire a law firm to help them save it?

Because a foreclosure sale isn't necessarily the point of no return in foreclosure. There are ways for a homeowner to get their house back even after it has been sold. There's something called a right of redemption, which is: “the right of a debtor whose real property has been foreclosed upon and sold to reclaim that property if they are able to come up with the money to repay the amount of the debt.” 

Disclaimer: These results should not be taken as a guarantee, as each case is unique. We have helped over 7,000 homeowners. Here are some of their stories.

Every week we obtain loan modifications for our clients with a variety of loan servicers. You can see these results as they are announced on Twitter (#loanmodwow) or Facebook. Here are some of our results from this week with PennyMac, US Bank, M&T Bank, Mr Cooper, and Carrington:

PennyMac

Our PennyMac client was $11,376 past due on mortgage, but we helped him get a three month trial loan modification with $480.86 cheaper monthly payment!

Deciding that you want to cancel your timeshare contract is an important decision, but actually making it happen is another matter. You may have no idea where to start.

One thing is for sure: just wishing to be out of your timeshare isn't going to make it happen. There's an old saying that goes “you can wish in one hand and sh*t in the other.”

You've got to actually take action to get out of your timeshare. Timeshare contracts are legally binding and getting out of them can be complex and time-consuming. Doing it in the wrong way could have serious negative consequences, including damaging your credit score.

You may be able to get out of your timeshare on your own, but hiring an attorney to help you cancel your timeshare would be better. 

For something so important, you don't want just any lawyer. Like doctors, lawyers to to focus their practice in a specific area. You wouldn't want to hire a criminal defense attorney to cancel your timeshare contract any more than you would want an orthopedic surgeon to remove your tonsils.

You want a lawyer with relevant experience who charges a fair fee and is honest. To help you find that attorney, here are some things you can do: