Loan modification, it "puts hair on your chest"!

As a REALTOR starting in 2005, I got into that wave of crazy sales. But, I hated it because of the inflated prices. Don't get me wrong I enjoy my commissioin but, I thought "where and how are first time home buyers ever going to get the money to buy a home? Oh, that's right, we can always find a subprime lender for them. I purchased my home (not my first time) with subprime lending and now I'm facing foreclosure. A term that I have been familiar with since my twenties but never thought "it could happen to us." "Us" meaning me, my friends, customers, and so on.

I have personally experienced this and don't think I (nor any of my family/friends) will ever have to do so again. I hope to be able to help others with questions they may have. One thing is for sure...start by calling 1-800-HOPE-NOW and every other free agency that is out there to help you get a handle on what's going to happen with your situation. Lenders are more receptive to them than you speaking to them on your own. What ever you do, DO Something. Get tough with them, if you get the run around. They should work with you if you truly want to stay in your home. If you think they'll just go away if you DON'T answer them, they will...but with your home and probably all it's contents, too.

This is a truly horrible experience so to those who are willing to keep what you have, SPEAK UP and try to keep your home. YOU ARE NOT ALONE.

Best regards,

Liz

Ps-Thanks to all my family and friends for all your prayers and SUPPORT.