What’s The Best Foreclosure Defense?
What’s the best foreclosure defense? Experts will tell you that a loan modification is the best way to defend oneself against foreclosure, but there’s more to it than that. The truth is, an attempt to modify a loan without first getting a professional forensic loan audit will almost always end with a less-than-adequate loan settlement for the borrower.
You can prevent being taken to the bank by your lender by first seeking a qualified attorney to represent you and then asking your attorney to get you a professional audit.
No homeowner would think of buying a home without first having it inspected by a qualified home inspector. Why then would you consider a loan modification without first getting the evidence that proves you need one? Better yet, why would you seek a loan modification without getting the leverage you need to negotiate a fair settlement?
So, to answer the question: What’s the best foreclosure defense? Answer: A forensic loan audit in capable hands.
This information should not be construed as legal advice. It is FOR INFORMATIONAL PURPOSES only.