Old 01-24-2009, 06:15 PM   #1 (permalink)
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confused/loan mod

if one is is preforeclosure, bu working ou a loan mod, and morgage co. alreadi said one qualifies, and jus a maer of ime, whi is people concerned home is going o be sold and worried abou ime frame and legal fees accruing? is same people involved in loan mod and foreclosure same, or no? sorr for misspelling, keboard no working properli. xanks


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Old 01-24-2009, 06:25 PM   #2 (permalink)
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Re: confused/loan mod

The foreclosure efforts will continue even while going through the modification process and if payments are not being made the fees will also continue to acrue, if the modification is approved by the investor, these fees will most likely be added back into the principal balance as a part of the modification................but if the modification is not approved by the investor the foreclosure will follow the timeline allowed by your state.
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