Complimentary Report released to help Distressed Property owners realize the Mortgage Forgiveness Debt Relief Act extension


Baltimore, Maryland (PRWEB) March 19, 2013

On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act as portion of tax bill H.R. 8, the bill addressing the fiscal cliff. Originally passed in 2007, this act exempts struggling property owners from paying taxes on debt forgiven in a quick sale, foreclosure, or loan modification.

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The bill extends the act through December 31, 2013, allowing underwater home owners to after once more pursue alternatives to foreclosure, such as brief sales or loan modifications, with no the worry of owing thousands and taxes.

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Sadly, some six years into the housing collapse it is reported that 7 out of ten house owners that locate themselves facing foreclosure finish up losing their house to foreclosure without ever realizing that other choices had been offered to them.

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For distressed property owners, the extension of the Mortgage Debt Relief Act was amazing news. Prior to this act, property owners would negotiate a loan modification or avoid foreclosure via a brief sale only to uncover they owed an equally unmanageable tax debt afterwards, The largest difficulty I have seen is that individuals don’t totally understand the benefits of this system and hopefully my complimentary report will answer some of their concerns says Dan McDevitt, Certified Distressed House Expert with Remax Very first Selection in Baltimore, MD

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As a Certified Distressed Home Specialist (CDPE), Dan McDevitt, Baltimore Brief Sale Realtor is specially trained to aid property owners who discover themselves facing foreclosure. Im committed to helping home owners who are struggling, McDevitt stated. As well often, property owners facing foreclosure think there is nothing they can do, but there is.

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In fact, the choices offered to home owners are far better than ever. Lenders comprehend how a lot foreclosures expense, and increasingly favor brief sales and other options more than letting a home go to foreclosure. Lenders are more prepared than ever to operate with property owners, stated McDevitt

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Dan McDevitt has created this complimentary report with much more info on the Mortgage Forgiveness Debt Relief Act and the choices accessible to property owners facing foreclosure. a copy of this report is also accessible from His site, http://www.BaltimoreAreaShortSales.com.

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About&#13

Dan McDevitt is a Realtor affiliated with Remax Initial Selection in Baltimore, MD that specializes in functioning with distressed property owners to assist them in discovering a dignified remedy to foreclosure. Given that 2006 when the housing market began its eventual collapse his team has helped more than 200 households in the Baltimore region stay away from the devastating effects of foreclosure.

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LoanSafeMods.com Offers No-Cost Analysis for Property owners with The REST Report

San Diego, CA (PRWEB) January 29, 2013

For those seeking info on home loan resolutions, LoanSafeMods.com may possibly provide the ideal tool. The Genuine Estate Solutions And Technologies Report (REST Report) makes it possible for those who are considering about applying for issues such as foreclosure options to see what they can qualify for just before they in fact apply.

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This tool can support homeowners find answers to their concerns considerably sooner than they would be in a position to get them if they were to apply and wait to see if they have been authorized or not. Many homeowners wait eight to 12 months to get an answer from their servicers. This waiting period can be a extremely stressful time and in the end it might all be for nothing if the application is not authorized.

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With the REST Report, even so, homeowners will know if they qualify for the service that they wish to apply for or not, as properly as what other services they may possibly furthermore qualify for, inside two to 3 days. This will not reduce down the actual time that the individual will need to have to wait to get their application approved, but it can aid them to make a decision if they will apply in the first place and will give them some confidence and reassurance that their application will come by way of in time. It relieves the uncertainty that numerous really feel when submitting their applications to investors or loan providers, which numerous feel is the hardest component of the process.

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This loan workout plan is specifically useful for these who are trying to figure out if they qualify for Hamp Tier 1, Hamp Tier two or brief sale solutions however, there are other advantages that homeowners might qualify for outdoors of the House Reasonably priced Modification Program. Using the REST Report can help to alert homeowners to these other advantages that they qualify for, but of which they might not have been conscious of.

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Nevertheless, not only does this report offer property owners with peace of thoughts when they are going through the application approach, but it can also serve as undeniable proof of qualification that will hold up even at court level. This report can clearly show why the investor of the loan will benefit much more from granting the request applied for alternatively of settling on foreclosure. This can be useful when dealing with banks, which really achieve a lot more by not approving applications.

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Yet another of the goods that LoanSafeMods provides is a totally free D.I.Y. Kit with step by step guidelines on how to submit the application to the investor or service provider that the individual holds the loan with. This, along with the other attributes of the Actual Estate Services and Technologies Report, can serve to make applying for loan resolutions a much much less stressful and uncertain process.

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LoanSafeMods.com, licensee of the REST Report, is also totally compliant with the Federal Trade Commissions Mortgage Assistance Relief Services (MARS), so these who use this tool can have peace of mind each about their application and the details that they are basing their choices on. For far more details, please visit LoanSafeMods.com for a complete REST Report review.

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A lot more Loan Modification Services Press Releases

LoanSafeMods.com Delivers The REST Report Analysis and No-Expense DIY Submission Kit To Property owners

San Diego, CA (PRWEB) February 02, 2013

LoanSafeMods.com is an authorized REST Report licensee that provides REST products to homeowners. The REST (True Estate Solutions And Technologies) Report is a third party evaluation tool that makes use of continuously updated analytical models to offer an correct loan disposition analysis. This analysis aids property owners to make a decision what course of action they should take when it comes to their problematic mortgage situations.

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Basically this tool makes it possible for homeowners to figure out regardless of whether or not they qualify for any term adjustments on their loans. Applying for loan modifications is usually a extremely frustrating method. It can take eight to 12 months to get an answer from the bank or monetary institution, and if the answer is a damaging there is usually no explanation as to why this is.

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With the REST Report, homeowners will know beforehand if they qualify for any adjustments, as nicely as what they can qualify for, inside just a couple of days. In case the report shows that foreclosure would be the only outcome due to the existing predicament, the REST will show exactly why this is. If issues are detected early sufficient, home owners could potentially make alterations that would increase their circumstance and improve their likelihood of avoiding a foreclosure.

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The evaluation does not absolutely assure that the loan modifications will be authorized, nevertheless, and it will not expedite the application approach in most situations. But, it does give a really clear image of how banks and economic institutions will view the applicants predicament. This can give the applicant peace of thoughts if they know that there is very good trigger for their investor to grant better terms on their loan. And, if the report shows that a modification is unlikely, it can save the applicant time applying for and waiting months for a loan modification that will ultimately not be authorized.

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As an authorized REST licensee, LoanSafeMods.com provides this analysis to property owners who are seeking answers. Aside from the actual evaluation, LoanSafeMods also gives a totally free DIY Kit that property owners can use when submitting their application to their bank or lending institution. It walks applicants by means of the approach step by step, which can be a wonderful aid, given that for numerous home owners the unfamiliar application procedure can seem very daunting.

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Taking the guess work out of the application method can relieve of a lot of the uncertainty and insecurity that most property owners feel when they apply. Getting answers inside a couple of days, as opposed to practically a year, is a single of the greatest advantages of utilizing the REST Report. Although this does not completely guarantee approval, it does show the homeowner precisely where they stand when they are thinking about applying for more manageable terms, and can in fact show the investor how they stand to benefit much more by approving the modification rather than settling on foreclosure.

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For far more data on the REST Report and how it can benefit each homeowners and investors by obtaining the very best win-win options, and for info on how to get the cost-free DIY submission kit, please pay a visit to LoanSafeMods.com.

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Associated Loan Modification Services Press Releases

Distressed Property owners: Really feel like placing your head in the sand? Do you know about the California Homeowner Bill of Rights?


Oakland, CA (PRWEB) February 19, 2013

Due to unfair bank practices, too a lot of Americans have been adversely impacted by the housing crisis. On January 1, 2013, the Homeowner Bill of Rights (HBOR) went into effect in California. The bill prohibits a series of inherently unfair bank practices that have needlessly forced thousands of Californians into foreclosure. A element of the bill prohibits the method identified as dual tracking, exactly where a lender forecloses on a house whilst simultaneously negotiating a loan modification or short sale in order to steer clear of foreclosure (and preserve the Property owners credit).

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Though foreclosure prices have lately decreased, these statistics are in comparison to historical higher rates of foreclosure in the final four years. Furthermore, the HBOR will likely slow the foreclosure procedure as banks move to comply to its provisions (and give Property owners a fair shot at foreclosure options). With that mentioned, there nevertheless are several distressed Homeowners out there:&#13

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1 out of each and every 810 housing units received a foreclosure notice in December 2012 (RealtyTrac)&#13

Foreclosure prices: 11.9% (Latinos), 9.8% (African Americans) five% (Whites) (Center for Responsible Lending)&#13

Approximately 23% of all Home owners are at the moment underwater (Multiple sources) &#13

The recidivism price on loan modifications going back into default is higher (A number of sources) and&#13

The unemployment rate has averaged eight.9% the final 4 years (US Department of Labor).

The California Homeowner Bill of Rights will materially alter the contours of mortgage servicing for borrowers in default. Historically, banks have struggled with compliance due to operational failure. When you use WatchThisProperty.com you no longer have to be in the dark. Utilizing this website will aid you to utilize the new rights of the HBOR in order to shield your most crucial asset, your house.&#13

Tiffany R. Norman, from TRN Law Associates.

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The HBOR includes extra protections, including: banning robo-signing, the assure of a single point of contact, and the proper to challenge your lender on their proper to foreclose. Property owners now have a tool created for them (and not investors) to bring transparency and help them handle the foreclosure method.

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“I was a victim of Dual Tracking which was a normal practice for banks. I was producing my trial payments and struggling to keep my property when I was foreclosed on. Thats why WatchThisProperty.com is such an critical tool. They will not only tell you if a bank has began foreclosure procedures but also supply info which aids you stay in your property.&#13

Jose, Homeowner, Pittsburg, CA

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WatchThisProperty.com believes Home owners must be capable to monitor the foreclosure status of their residence in an efficient and inovative way, such as permitting Home owners to monitor foreclosure and lien document filings and trustee sale info. Homeowners will be alerted electronically and will not have to rely on snail mail (or driving to the county records workplace) to discover such critical and timely info.

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About WatchThisProperty.com&#13

WatchThisProperty.com assists to preserve Property owners and Tenants in their residences with relevant and timely info. Founded in 2011, WatchThisProperty.com is comprised of a team of customer advocates, technologies, legal, and banking professionals. Much more info is accessible at WatchThisProperty.com.

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Connected Loan Modification Services Press Releases

LoanSafeMods.com Gives Valuable Analytical Solutions to Property Owners

San Diego, CA (PRWEB) March 01, 2013

The REST report is a revolutionary tool that makes it possible for property owners to find out for positive if they qualify for loan modification. Now homeowners can take benefit of REST and numerous other analytical services by visiting LoanSafeMods.com.

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Prior to the advent of the REST report loan modification was one thing incredibly unpredictable. 1 had to wait for numerous months to get a response from his or her loan provider. In numerous circumstances the application was turned down due to the fact of some trivial error and the applicant had to begin the approach all more than once more. In other words there was no trustworthy way of predicting the outcome beforehand. Thanks to True Estate Solutions And Technology, known as REST, this process is now a breeze. This analysis points out all the blunders in an application and tells the applicant how to solve them. It requires away all the guesswork and offers solid facts about the modification method so that a particular person can get his application authorized speedily and effortlessly. Even so the positive aspects of REST dont end right here. It is far more than a basic home analysis.

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The REST report not only tells the homeowner about the shortcomings in his or her modification application but it also throws light on the alternatives. Sometimes loan modification is not the excellent alternative. In such cases the report will inform the applicant how to move forward. No matter what the situation is, the report will prove itself helpful. It requires away all the uncertainty and offers peace of mind to the homeowner. If the report says that a specific application is certified then it is hugely unlikely that it will be turned down by any bank.

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Loan sorts that the REST Report is well-known for contain Hamp Tier 1 and Hamp Tier two. In addition it also performs for brief sale solutions and JUMBO loans. HAMP is the most common loan modification sort among distressed home owners in America but it is not the only remedy. The REST report sheds light on all the options, hence exponentially rising the possibilities of getting a modification.

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It is a little known reality that banks profit more by foreclosing on properties than they do by accepting modification applications. Therefore it is usually a excellent notion to have solid proof that shows that the investor of the loan will benefit a lot more from granting the modification request instead of going for foreclosure. The REST report protects the homeowner by showing precisely why the modification request ought to be approved. It can even be utilised as legal proof in a court of law.

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LoanSafeMods.com is fully compliant with Federal Trade Commissions Mortgage Assistance Relief Services (MARS) and it has been offering valuable services to residence owners for far more than a few years. In addition the REST report also provides an correct depiction of house value. Employing REST a homeowner can locate his or her property’s present value in the industry. Visit LoanSafeMods.com for much more details and a totally free revenue and property evaluation.

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Connected Loan Modification Services Press Releases

LoanSafeMods.coms New Video Review Shows How The REST Can Advantage Struggling Property owners

San Diego, CA (PRWEB) March 29, 2013

LoanSafeMods.com has helped several struggling property owners to connect with the REST Report, a very helpful third celebration analytics tool that can support them to find solutions to their mortgage problems. One particular of the most significant benefits of employing this report is that it can support to speed up stalled modification applications.

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Several people uncover that when they try to apply for a mortgage modification, the process requires forever and can be very a hassle. Crystal, a homeowner who was struggling with her mortgage modification application, attests to this in a new REST assessment released by LoanSafeMods.com.

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In her assessment, Crystal explains how she had been struggling for many months to get her loan modification authorized. She stated that every single time that she would submit her request she would get a telephone call from her bank telling her that she needed to submit new documents or resubmit the complete application since it had been lost.

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This was very frustrating for Crystal, as she in no way knew when she would be forced to leave her home due to the impending foreclosure she was facing if she could not get the modification. At one point she woke up in the morning to discover a Notice of Sale taped to her front door.

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Soon she was getting calls from realtors telling her that her only option was to settle for a short sale. People have been coming by to photograph her house and it was a extremely scary time for Crystal.

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Lastly Crystal found the REST Report through LoanSafeMods.com. She ran the report and was shocked to see that she in fact had a lot of more choices than what the bank was telling her she had. Now she had the self-confidence to resubmit her request with the REST Report attached.

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Inside a very brief time the application was finally approved and Crystal was able to get the modification that she needed so that she could keep up with the payments on her home. Crystal says in her REST assessment:

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If you believe youre losing your property everythings going down the drain. You dont have a spot to reside, everythings uncertain, you dont know what tomorrows going to bring. But when I had the report in my hand I knew that every little thing would be okay.

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After the modification was approved, Crystals monthly payments went down from $ 1,700 to $ 728. She is quite happy that she discovered the REST Report and was capable to keep her property. She knows that acquiring the quick approval from her bank is not one thing that she could have done on her own, and she is really thankful for all the aid that the REST Report group gave her in her time of need.

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She ends her assessment by saying:

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If I can give property owners any advice it would be to take the suggestion and get the house income evaluation done. Theres no danger absolutely no risk. Get it done! See what it can do for you. It worked for me!

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For much more information on how the REST Report works and how it can support advantage property owners who are getting a challenging time creating their payments or are facing foreclosure, please pay a visit to LoanSafeMods.com.

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As Foreclosure Filings in Maryland Rise, a Complimentary Report Shows Distressed House Owners How They Can Go from Foreclosure to Freedom


Baltimore, MD (PRWEB) March 29, 2013

As lately by reported by James Briggs of the Baltimore Business Journal, Foreclosure filings in the state of Maryland rose .33% and pushed The state of Maryland into the leading 10 states with the highest Foreclosure rate.Baltimore Short Sale Realtor Dan McDevitt has released a complimentary report to aid Maryland Property owners facing foreclosure.

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For home owners in danger of losing their home to foreclosure, it is widespread to really feel alone and as although there is no aid. In Baltimore, Maryland, homeowners in this circumstance are discovering relief thanks to a devoted agent trained especially to assist distressed property owners.

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There are a lot more folks who discover themselves in this predicament than many understand, says Baltimore Brief Sale Realtor Dan McDevitt with Remax Initial Choice When they realize they arent alone and that there are options, its like a entire new globe opens up for them.

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There are a quantity of approaches in which homeowners may steer clear of foreclosure, even if they are late on their payments. Loan modifications, in which the bank alterations the terms of the loan so that it is more affordable mortgage forgiveness, in which the bank agrees to get rid of some or all of the quantity owed or brief sales, in which the bank agrees to sell the property for significantly less than the amount owed, are just some of the alternatives obtainable. There are also several Government Applications obtainable to distressed Property Owners.

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As a Certified Distressed Property Expert

LoanSafeMods.com Provides Property Analysis to Home Owners With The REST Report

San Diego, CA (PRWEB) March 05, 2013

Every day thousands of property owners across America apply for mortgage modification but most of these men and women adopt the traditional route i.e. submitting the application and waiting for a response from the lender. The approach can take up to 12 months and oftentimes the application gets rejected for no apparent explanation. The Real Estate Services And Technology Report gives an effortless alternative to this process. The report is a blessing for these considering about applying for foreclosure help. At LoanSafeMods.com property owners get access to the REST report and numerous other helpful analytical tools.

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REST is the very best third-celebration analysis tool when it comes to loan modification. It tells the property owner precisely what he or she qualifies for within a time period of 48 to 72 hours. In other words a individual doesnt need to have to wait ten to 12 months to find out if he qualifies or not. It utilizes the identical criteria even though checking an application that economic institutions use which indicates that the information provided in the report is 100% precise. In truth, a lot of attorneys and lenders are at present employing the REST report to analyze the applications submitted by their consumers. In addition, this report is a great way to prove that modification is a better idea than foreclosure. By proving this to the investor a homeowner can have his sale postponed or fully stopped. It wouldnt be an understatement to say that REST has completely revolutionized the American mortgage industry.

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When it comes to modification there are more than a couple of programs out there. The Residence Affordable Modification Program, also identified as HAMP, is regarded by a lot of as the greatest. The main explanation behind the ever-expanding popularity of HAMP is the huge quantity of media publicity it gets. But although it is a extremely good choice, it shouldnt be the only concentrate of a homeowner. Truth be told, a significantly large percentage of loans are modified outdoors of HAMP so it is a smart selection to keep all the possibilities in thoughts. The REST report is really effective in this regard. It was created to function in diverse scenarios. As of now the report is compatible with Hamp Tier 1, Hamp Tier two, JUMBO loans and short sale options.

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The REST report not only gives peace of thoughts and protection to the property owner, it is also identified to reduce down the processing time of applications considerably. A mortgage modification request that has the REST report attached to it carries a lot far more weight than a typical application. In some situations applications backed by REST get authorized in half the time that lenders typically take to respond to a request. Not only that, it also acts as undeniable proof that holds up even at court level. So if a house owner is totally positive that his application must have been authorized, he can take the matter to court.

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By visiting LoanSafeMods.com home owners can discover out all about REST and get access to a number of other efficient analytical tools. The firm holds a excellent reputation in the sector and is trusted by thousands of satisfied consumers from all more than the country. Click here for a lot more information.

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REST Report Supplies New Hope For Property owners Through LoanSafeMods

San Diego, CA (PRWEB) March 07, 2013

For those in search of reputable details on mortgage modification, LoanSafeMods.com delivers the ideal opportunity. The Actual Estate Solutions And Technology Report (REST Report) offers homeowners the capacity to locate out what they qualify for prior to in fact submitting the application.

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Most people seeking for foreclosure alternatives follow the same route: they submit information about themselves including their hardship letter, their paycheck receipts, their tax returns and their application. With the aid of these factors they hope to portray their fiscal predicament. Then they sit back and wait, hoping the bank will appear at their application favorably and approve their mortgage modification request. Even so there are number of problems with this strategy. The REST report aims to resolve these concerns and make loan modification a simpler, a lot more pleasant process for the property owner.

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Prior to the advent of the REST report, loan modification was something very complex and time consuming. Property owners had to face a number of severe problems. Firstly, it wasnt easy to choose whether to go for modification or brief sale. For that reason property owners frequently ended up creating the incorrect decision and wasting their time and power. Secondly, the waiting period of eight to 12 months was incredibly stressful for the applicant. Practically nothing could be accomplished to expedite the process and have an application authorized ahead of time. Thirdly, a homeowner couldnt challenge the selection of his lender because he had tiny to no details about the modification approach. Lastly, lenders often turned down applications simply because the applicant was unable to pass the NPV test. The REST report has eliminated all of these issues and produced the life of home owners less difficult than ever before.

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With the aid of the REST report a homeowner can uncover out precisely what he or she qualifies for in as little as 48 hours. It can also be utilized to discover the errors in an application that has been rejected by the lender. In addition, this report is recognized to decrease the processing time considerably. Banks and lending firms respond swiftly to applications that have this report attached to them. The REST report has helped millions of homeowners across America to get approved for loan modifications they deserve. Even though it is a third-party analysis tool, it is trusted by lenders and homeowners alike simply because it uses the exact same criteria whilst testing applications that nicely-identified banks and economic institutions use. This system was designed for the sole goal of creating the lives of home owners simpler. If a homeowner feels that his application must have been authorized, he or she can take the matter to court and use the REST report to prove the reality that modification is a greater thought than foreclosure.

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LoanSafeMods.com, a licensee of REST, aims to educate and assist people looking for foreclosure options. Now property owners can get all the essential data relating to REST and use a quantity of advanced tools by visiting this website. The firm behind LoanSafeMods.com has a great reputation in the mortgage business. Click right here for more info.

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LoanSafeMods.com: REST Overview Videos Show How The Third Celebration Analytics Tool Can Aid Struggling Home owners

San Diego, CA (PRWEB) April 07, 2013

The REST Report, a third party analytics tool identified on LoanSafeMods.com that is employed to locate foreclose options, has helped thousands of households to stay in their homes. The fast evaluation presented by the REST provides property owners a very clear image of what they qualify for when it comes to loan operate out applications such as the HAMP and other government and non-government programs.

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The REST evaluation is also a very useful tool when submitted with a mortgage modification request package, due to the fact it can help the application to carry a lot more weight with the lender. Simply because the evaluation is so thorough and correct and can even be used as evidence in a court of law, applications submitted with REST Reports showing qualifying results are much more likely to be approved in a timely manner.

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A lot of property owners have located that this analysis can even assist to get modifications approved when earlier modification applications had been stalled, delayed or even denied. The REST Report clearly shows why the mortgage predicament should qualify for a modification and why it would make much more sense for a lender to modify the loan rather than to foreclose the home.

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A quantity of REST Report testimonials, which can be identified on LoanSafeMods.com, show how property owners were able to turn their situations around thanks to the REST Report. These individuals had all tried to apply for modifications on their own, but ran into problems when their applications got delayed. After struggling for months, or in a couple of cases even a number of years, these home owners lastly identified that the REST Report was the best way to show their banks why they deserved the loan modifications they had been applying for.

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Ron, an EMT supervisor and single father living with his two youngsters in San Diego, was able to avail of a HAMP modification and had his principle reduced by a lot more than $ 350,000 and his monthly payments cut by about 50%. After struggling with the application on his personal for many years, his modification was lastly approved within a couple of months of discovering the REST Report.

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Crystal, also from San Diego, was already obtaining realtors come to look at her house following the bank issued a Notice of Sale. She lastly got her modification authorized when she found the REST Report and soon after six months of trying to deal with her bank without having any success, she is no longer in worry of losing her house. The new mortgage terms reduce her monthly payments from $ 1,700 to just $ 728.

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Linda, a single mother who lives with her young daughter in Oceanside, had her mortgage modification request delayed for far more than two years. Ultimately following locating the REST Report she can breathe less complicated as the modification that was lastly authorized reduce her month-to-month payments from $ three,000 to about $ 2,one hundred.

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Mona and her husband, who own a house in Point Loma, have been on the verge of losing their house and even their marriage. Finally they located the REST Report, got their modification approved and arent worried about losing their home or every single other. The new loan terms reduce their monthly payments more than fifty % and they are now paying much less than $ two,000 every single month.

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To get the particulars of these outstanding stories, view the full REST Report video critiques at LoanSafeMods.com.

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