Loan Modification -Wesoloski Carlson,P.A., Miami Florida

[Beingreal40]

Reality is to perform a mortgage audit on your lender.

Hope is sueing to collect some money back from over paid interest and Illegal High Yield Spreads. Stimulas plan only request lenders participation.

Not one home owner has been found commenting on their modified sucess or principal reduction. Weather the storm? It's out right fraud. Why streatch to 40 or 50 years to hold on to something you never could afford. You might as well walk backwards thru life.

[wesoloskicarlson]

With all due respect we would refute your statements regarding the effectiveness of a loan modification. Indeed many lenders are granting loan modification in order to help homeowner retain ownership. If you have a mortgage loan, you shall, in

some ways, be able to modify. It is a great option to avoid foreclosure and maintain ownership of your property.

To many families the effect of foreclosure can be far reaching and even cause a complete disintegration of the family.

[wesoloskicarlson]

The media have reported suicide cases linked to the effect of foreclosure. It is a reality that some lenders will reduce principal to facilitate a loan modification. Options Arms were originally designed to accommodate sophisticated borrowers and investors. The abuse of Options Arms by unscrupulous mortgage brokers and lenders catering to unrealistic borrowers created more chaos in the real-estate market.

[wesoloskicarlson]

For many homeowners, it is a win situation to have the possibility to re-amortize their loan to a longer 40 or 50 years having their owed obligation to the bank added to the principal so that their will retain ownership, afford their monthly payment, not disrupt their family dynamics and further aspire to salvage the American Dream of homeownership.

[wesoloskicarlson]

Many lenders, with the assistance of the stimulus plan, are awarding better and better loan modifications. We have assisted many of our clients in obtaining modification with terms as low as 1% interest payment for the term of the loan and reduction of principal owed.

It is now a proven truth that loan modification is already helping many families re-stabilize their finances, maintain ownership of their home, revitalize their credit rating and most of all help them weather the storm.