If you own a home with Bank of America and are considering alternatives to foreclosure including loan modifications, short sales, or deed in lieu, you may want to attend the upcoming event starting Thursday through Sunday. According to the article in the Press Enterprise, Bank of America will be available to discuss foreclosure alternatives and check on an existing loan modification on site. While the meeting will benefit most, my experience with these meetings is that few issues are resolved during the few days. In most cases, the banks will request further information or submit the documents to underwriting for a decision in 30-45 days. If you do not have the energy or the desire to deal with the banks yourself, please visit our loan modification page to learn more about what we have done for clients and what we can accomplish for you.
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