Hello everybody my name is Matt Fetick with Short Sale Shift, Philadelphia’s leading short sale specialist, thank you for your time today. I work with Keller Williams Realty within the Philadelphia area and use this blog to share worthwhile data with distressed property house owners on their choices for avoiding foreclosure. If your mortgage is underwater or for those who simply need to sell your distressed property quick please browse my web site or call me directly to learn how Short Sale Shift might help you.

For my blog in the present day I wanted to talk with Philadelphia area householders in regards to the option to complete a loan modification and some important issues to keep in mind. Right now many lenders are attempting to assist their customers who are upside down on their mortgage and one of the preferred options for your lender is a loan modification. A loan modification is a good possibility that can keep you in your house while additionally reducing your monthly payments to help keep you current. Your lender would require a considerable amount of documentation for a loan modification and because of this it can normally take a while to complete. I’ve heard horror tales of loan modifications taking anywhere from six to nine months however with new regulations in place this time frame has shrunk considerably. Mostly importantly, if you are contemplating a loan modification beware of firms that may charge you upfront fees in order to complete this task. At Short Sale Shift we don’t charge you for any of our services and I can provide you a loan modification packet to get started today.

If you should sell distressed property please fill out a contact form on my website or call me directly to get started. On my web site you can also find our Short Or Stay Calculator that can help you determine if a short sale is right for you. Thanks for your time and have a terrific day.

For more information on short sales and how to avoid foreclosure, visit the Sold By Short Sale blog or you can also contact the Matt Fetick team and get started today.