Mortgage Modification: Ticking Clock

(Click “More Info” to see full video script!) www.60MinuteLoanModification visit for a free CD on Mike Rockwood’s experience modifying 5 of his own home loans – and how you can too. Ask Mortgage Modification questions on our forums at http I love loan mods because they are a way that I can DO SOMETHING for myself and for othersdo something to help us all adjust to new realities and help the community to let the air out of the housing bubble the nation distribute the bailout funds, etc. It feels so good to take action not just passively go about business-as-usual while financial stress creeps into my entire life!!! HOWEVER, lets face the grim facts. More than 41% of the homes in this country purchased in the last 5 years are upside-down. Furthermore, another 8-10% decline in values is certain in the coming months. This huge group of homeowners could not sell their home and pay off the loan even if they wanted to, and that’s not a problem that goes away by simply slowing the pace of the decline. As crazy as it sounds, even a Trillion rescue plan is not enoughespecially distributing it as broadly as we are. The math is simple you dont even need a calculator, just an advanced degree in counting zeroes. Without help from another huge sector or another part of the global economy or an invasion from Marsthe US housing market will be in this quagmire for many years. We ARE just re-arranging the deck chairs on the Titanic. But, dont YOU want a chair? This spending frenzy is …