In my search for the best advice on
Upside Down Mortgages I have found many duds and scams!
Every once in a while you find an absolute GEM!
I met Steve Beede, a Real Estate Attorney in Sacramento, in late 2008. He is a very smart man and is easy to get along with which makes it comfortable to sit down and share ideas with one another. He had been exploring the local market and sharing his philosophy on how to properly Cope with an Upside Down Mortgage.
Since that first visit Steve Beede and I have work together to produce a bunch of information about the “right way” to handle an Upside Down Mortgage. There are so many different scenarios and ways to go about taking care of this issue that people will become overwhelmed and even give up entirely.
I find it interesting, more times than not I will hear that “my bank just told me “NO”‘” and then the homeowner just gives up and fully understand themortgage qualifications for an upside down mortgage.
You know how many times I have been told “NO” by a bank? THOUSANDS OF TIMES!
There is no easy solution!
There is no one size fits all answer to how to handle an Upside Down Mortgage.
The best advice I can give is to learn the basics and do most of the work yourself and don’t rely on someone else to fix your problem. This goes for loan modification companies and any other high priced solution you will find out there.
All that said, you may still need advice or help so find someone you can trust and keep it simple! I mean take the direction or guidance and apply it yourself.
There isn’t one person in the world outside of you who cares about your home more so you should act upon that and do the loan modification yourself. That said, find a mentor to help you through the process.
I have put together a package with my attorney friend to help those who help themselves.
In this package you will get:
Rules to the new Obama Mortgage Plan
an outline of the basics on how to handle an upside down mortgage
some in depth action steps or a plan of attack
an overall “how to” manual for handling your own loan modification
forums for additional support
access to me for one-on-one help with your mortgage
a manual to help you write your hardship letter
This isn’t going to cost you thousand or even hundreds of dollars!
I kept it simple at $97
Learn more about my Upside Down Mortgage Refinance Program here