Iโ€™m astounded at how many Orange County homeowners qualify for a loan modification. And Iโ€™m even more astounded that they never seize the opportunity, generally because thereโ€™s so much misinformation floating around. As a result, hundreds of distressed homeowners never get the help they need. Mike Hatcher, seasoned modification advisor with the Ascent Network, is here again to offer a wealth of valuable insights —

The best thing I can do is clear away all the debris of misinformation.ย  So, in no particular order, hereโ€™s a list of GREAT loan modification candidates:

  • Those yearning to save an average of $1,000 a month — our average improvement.
  • Those with W2 income between $40k-$130k. Or the self employed, who usually donโ€™t qualify for a refinance. We are 99% successful securing modifications for this group.
  • Those who never โ€œrob Peter to pay Paulโ€ in order to cover the bills.
  • Those who have perfect payment records but wonder how long they can afford to make their payments.
  • Those in default and are 14 days from a foreclosure sale on their property.
  • People worried sleepless because they fear losing their home and fear seeking help. This reluctance typically is the result of mass misinformation.
  • Those who want to shoot their spouse (or realtor) for deciding to purchase the house back in the mid-2000s.
  • Individuals seeking a long-term mortgage solution with a fixed rate.
  • Those who realize that renting ultimately costs more, donโ€™t want to pay for or expend the energy for a move, and donโ€™t want to live in someone elseโ€™s rental property.
  • Those who fail to qualify with their lender, or are given a token $30-$100 monthly savings modification as a consolation prize.

Quite a list, with more than a few surprises, eh? So, are you ready to learn how a loan ย modification can put $1,000 extra in your pocket every month? Just call Mike at 877.871.2400ย  x15.ย  Youโ€™ll be amazed at how simple it is to cast your financial worries to the wind.

And, of course, if youโ€™d like to learn more about the variety of opportunities the Orange County real estate market offers, Iโ€™ll be delighted to help. Just call, tweet, or email me at 949.338.7408,ย ย  @AngieWeeks, @WeeksTeam, or ย angie@askangie.com.ย  Iโ€™m ready to assist you in any way I can.

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