Are you a struggling homeowner trying to avoid foreclosure? I am a licensed California attorney as well as a real estate and mortgage broker. My unique background in these three areas (law, mortgages and real estate) provide me the insight needed to assist homeowners facing foreclosure. I am offering you a free consultation during which I will analyze your situation in great detail and provide you with the knowledge you need to make educated decisions. If you truly want to see if you have a chance at saving your house through a loan modification it would definitely be worth your time to take advantage of this free consultation. Don’t decide to short sell your house without speaking to me first.
We offer loss mitigation services to homeowners facing foreclosure. Based in Carlsbad, Ca, The Law offices of Michael Gaddis offers loan modification services throughout the state. We welcome people considering a mortgage modification to take advantage of the free face-to-face consultations offered by California Licensed Attorney and Loan Modification Expert, Michael Gaddis. We especially urge homeowners in San Diego, Riverside, Orange, San Bernardino and Los Angeles Counties to learn more about the 1000's of homeowners we've previously helped and our money back guarantee. For those too far away to take advantage of face-to-face consultations, we also offer meetings via telephone or Skype. DON'T LOSE HOPE !
Net Present Value ("NPV") is an extremely important test for any loan modification program. In general, there are 3 major tests that every lender uses when attempting to determine whether or not a homeowner qualifies for a loan modification. The first test is the Hardship Test. Homeowners must have a satisfactory Hardship before a lender will agree to review a loan modification file. In other words, they are willing to entertain a loan modification if a homeowner has a legitimate reason for needing one. Lenders are in business to make money >>More
A loan modification is a document changing or “modifying” the existing loan made by a lender in response to a borrower's long-term inability to repay the loan pursuant to the terms of the existing note. A loan modification is not a new loan, but merely a written agreement between a lender and a borrower changing some of the terms. Mortgage loan modifications typically involve one of more of the following: a reduction in the interest rate on the loan; an extension of the length of the term of the loan; ...>> More