Why Banks prefer to Foreclose than Modify your loan
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The President says everyone should.... within reason, be given the opportunity to stay in their Home and avoid foreclosure and eviction. Watch this Short video to provide you with some insight on how the cards maybe stacked against the loan modification process and understand how the banks are making more money on real estate Foreclosures. Its no wonder why it is so difficult to get their lender to lower their mortgage payment or interest rate.
This short video will provide you with a little insight and perhaps something you should write your Washington representative about. Please forward this to anyone you know who might be looking for help either with a short sale or interest in the foreclosure process.
We have many additional resources available on our website here for Ann Arbor Short Sale Information and I am always available to confidential advice. Also try this short sale web site http://www.annarborhome.info/
Get the latest Ann Arbor Real Estate Listings and Saline real estate listings for sale using this link.
