Loan Modifications Work, But Do Research First.
January 24th, 2009
“If someone is not pre-approved and they don’t have the money to cover what they loan modification will be in the future, the lender will say, ‘No,’” she said. “We off the bat will say no, I’m not going to take your money for a service that we can’t provide for you.”
Get references and read the contract thoroughly, she said.
“There is so much that can be put into fine print,” Itzkowitz said.
Make sure the loan modification firm has an attorney in good standing with the Florida Bar Association.
