Don’t resent it. That’s a waste of time. And, no one cares! Instead, view it as an opportunity to negotiate a workout that will work. In 2010, to stem the rising tide of foreclosures, the government is pressuring banks to modify hundreds of thousands of mortgages. But, to no avail. Consequently, you have to be street-smart and tough as nails to get a trial modification. And, the majority of trial modifications are not being made permanent. So, you have to be persistent. Don’t settle for anything less than a real fix – a mortgage modification arrangement that you can live with. You need a solution that will get you through this economic mess of the next few years.

Everybody getting an NOD last month asked:

What next!? Who can I trust? What steps do I take now? Can this get any worse?

Understandable. But, you should also ask:

Should we even keep this house? Is this mortgage just too much? What are others doing to deal with this problem? How can I reduce the negative impact on my credit score? Can I get sued for any “shortfall”?

Sure, your situation is unique. But, your options for working things out are pretty limited. And, with so many millions of homeowners working on solutions, you will do well to learn what is working for others. Do not be satisfied with the party-line, the one-size-fits-all solutions offered by the non-profits and the banks. This is what I call “information about how to PROCEED”. Instead, search out straight-talk about what I call “how to SUCCEED” with a long mod. Get it from a knowledgeable and trustworthy adviser, a lawyer or loan modification consultant. You can find ‘em. They’re out there. You’ll know them when you meet them.

Need help getting Mortgage Modification? Visit Rockwood’s site about DIY Loan Modification at Home Loan Modification Free reprint avaialable from: Take That Notice Of Default And.