Happy Holidays

Posted by kevin on December 26, 2010 under Foreclosure Blog | Comments are off for this article

to all.  The past year has brought some difficult challenges to borrowers in or about to be in foreclosure.  However, windows of opportunity are opening for borrowers’ attorneys.  Moreover, I am beginning to see trial modifications with substantial principal reductions.  However, those mods are being offered to borrowers who have demonstrated that they can beat the lenders in court.

As 2010 draws to a close, I am happy and thankful to say that all my clients are still in their homes, and I am working hard to keep it that way.

My advice for the coming year.  Be proactive.  Hire competent counsel when you are falling behind on your mortgage not when you get notice of a sheriff’s sale.

Merry Christmas and Happy New Year.