Loan Modification Companies - How can I tell the Scammers from the Real Companies - Loan Modification Forum

cahomeowner · 10-18-2008, 02:21 PM

There are ton of Loan Modification companies out there and I need some help I don't want to spend $2500-3500 on some company that is just out to scam me.

What are your thoughts on the following:

Loan Modification companies that review loan docs in an attempt to find Loan Violations which can then be used as leverage in negotiating a modification.

Loan Modification companies that utilize attorney's to negotiate on your behalf. Is this really more effective because it certainly cost more.

Loan Modification companies that have attorney's file lawsuits to stall foreclosures. These companies have you pay them directly every month instead of the lenders. Legal preceedings could take up to 2 years to resolve

We are in a terrible position and these scammers tell us what we want to hear when we are most vulnerable . Please help me make the right decision.

Dan Bailey · 10-18-2008, 02:26 PM

cahomeowner....

Thats a hard one,most of them ARE scammers. I would have a hard time trusting anything but the attorney on this site, that Moe has taken the time to check out and that are used to dealing with real estate/modification issues.

Moe Bedard · 10-18-2008, 02:30 PM

Here on this forum we can only safely recommend the services of the attorney on the home page of this site as we have experience with him and are able to monitor and confirm the work that they do..........

click on the link for more information.............
Safe Loan Modification Service | Free Foreclosure Help, Stop Foreclosure, Short Sales - Loan Safe

10-18-2008, 02:21 PM	#1 (permalink)
cahomeowner Senior Member Join Date: Oct 2008 Posts: 162 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Loan Modification Companies - How can I tell the Scammers from the Real Companies There are ton of Loan Modification companies out there and I need some help I don't want to spend $2500-3500 on some company that is just out to scam me. What are your thoughts on the following: Loan Modification companies that review loan docs in an attempt to find Loan Violations which can then be used as leverage in negotiating a modification. Loan Modification companies that utilize attorney's to negotiate on your behalf. Is this really more effective because it certainly cost more. Loan Modification companies that have attorney's file lawsuits to stall foreclosures. These companies have you pay them directly every month instead of the lenders. Legal preceedings could take up to 2 years to resolve We are in a terrible position and these scammers tell us what we want to hear when we are most vulnerable . Please help me make the right decision. Last edited by cahomeowner; 10-18-2008 at 02:25 PM..

10-18-2008, 02:26 PM	#2 (permalink)
Dan Bailey Loan Safe Moderator & Homeowner Guide Join Date: May 2008 Location: Wilmington NC Posts: 1,407 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Loan Modification Companies - How can I tell the Scammers from the Real Companies cahomeowner.... Thats a hard one,most of them ARE scammers. I would have a hard time trusting anything but the attorney on this site, that Moe has taken the time to check out and that are used to dealing with real estate/modification issues. __________________ Loansafe saved my home!! I may be alot of things, but I do know the difference between reply and forward.

10-18-2008, 02:30 PM	#3 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Loan Modification Companies - How can I tell the Scammers from the Real Companies Here on this forum we can only safely recommend the services of the attorney on the home page of this site as we have experience with him and are able to monitor and confirm the work that they do.......... click on the link for more information............. Safe Loan Modification Service \| Free Foreclosure Help, Stop Foreclosure, Short Sales - Loan Safe __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

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