Thursday, June 8, 2017
Why Do I Need Professional Help Modifying My Mortgage?
There are plenty of things you can take on by yourself, and get the result you want. This may be due to the use of internet sites that offer step by step guides to DIY projects, or it might just be that you have the expertise and know how to repair or replace the kitchen sink. But when you are uncertain about how to do something that needs doing, it is always a smart idea to turn to a professional for help. Anything that has to do with your money is an area where you will want to seek the assistance of a trained professional, and even though it may cost you a little bit, the amount of money you end up saving is well worth the investment.
Here are a few reasons you should enlist the help of a professional when seeking to have your mortgage loan modified:
• A mortgage modification is a rewrite of your loan, by your current mortgage lender. Many times the lender will ask you to submit documents that you have already submitted. This can become very frustrating and time consuming, requiring you to take time off work to make sure the documents are turned in on time. Rather than burn even a half day of vacation, let a professional handle the transaction for you so you can focus on what matters more.
• Some lenders will make offers that are not worth your consideration, and when you let a professional field the call you can rest easy knowing that an unacceptable offer is not accepted without further negotiation.
• Many of the terms associated with a mortgage modification can be hard to understand, unless you deal with this type of transaction on a regular basis. Our team of competent bankruptcy and debt management professionals focuses on helping people get out of debt, and the mortgage modification process is one with which we are familiar.
We understand how scary it can be to put your finances in someone else’s hands, which is why we talk it over with you before taking any action and make sure your questions are answered to your satisfaction. If you want to get a lower house payment, call us today to find out more. We will go over your options with you, so you are comfortable with your decision.
For more information about mortgage loan modifications, call us today or reach us online at www.law-ri.com. We have multiple locations to serve you and can schedule a time to meet at the office most convenient for you.