When It’s Time to Give Up Your Home to Foreclosure
Washington, D.C. homeowners facing foreclosure should very carefully examine their options, including voluntary surrender. Three conditions primarily determine when it’s time to give up your home to foreclosure. Affordability. If you can’t make your monthly mortgage payment anymore, remaining in your home may be economically unsustainable. Equity. If you sold your home on the open market, […]
My Loan Modification Was Denied. Now What?
If your loan modification was denied, you may still have options. If you intend to keep your home and are willing to put in the extra work, then you may still be able to obtain a modification. Here’s what to do if your mortgage modification was denied. Read the Denial Letter Understand fully why your loan […]