Properties that are in the preforeclosure stage.
June 2010 5,153
May 2010 4,760
Inland Empire (SB and RVSD County
June 2010 4,899
May 2010 4,276
Foreclosure filings where up in June after two months of decline
On somebody else’s advice, many homeowners not able to pay their monthly mortgage payments apply for the loan modification process, but they are discouraged when they come to know that they are in the middle of a confusion which they have to solve with their loan lenders. Forms, evaluations, paperwork, proofs, applications, qualifications and others may seem to frustrate many borrowers, but the process is quite easy if understood correctly.
More than 50% of the mortgage borrowers are not able to qualify for the loan modification due to recession, high unemployment rates and other monthly credits such as car loan and credit card bills.
If you are worried about foreclosure or worried about some one that you know is going through difficult times and want to stop foreclosure. Please visit www.ModificationDenied.com
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