Posted on: 28th Jun, 2011 09:47 am
Has anyone gone thru this program? We are in foreclosure, but no sale date as of yet. Called bofa and tried for the 100th time to see if we qualify for any modification and after adjusting my monthly expense, the rep says that we are now eligible for the above program. I am awaiting the fedexp to arrive to complete the application to see if we get approved. Does anyone know how this program actually works (pls explain in layman's term) Even though I've read a bit about it, still kind of confusing. We owe around 352000 but our house is worth about 250000.
Welcome moemoe,
Well... I don't have a personal experience about this program. You can enroll in this program in order to save your property from foreclosure. But I will suggest you to read through the documents carefully so that you don't miss out on any of the points. If you've any doubts do clarify them with your lender.
Well... I don't have a personal experience about this program. You can enroll in this program in order to save your property from foreclosure. But I will suggest you to read through the documents carefully so that you don't miss out on any of the points. If you've any doubts do clarify them with your lender.