San Diego, CA (PRWEB) March 19, 2013
LoanSafeMods.com helps property owners to get the information that they want when applying for mortgage modifications utilizing the REST Report. The REST (Actual Estate Solutions and Technologies Report) is a third party analytics tool that can be employed to show a lending institution precisely how the numbers add up and how approving a modification would, in most cases, be a better concept than foreclosing a house.

This Report takes all the house owner’s monetary info and compares it with a number of government and non-government mortgage modification applications and other foreclosure option choices to show the homeowner specifically what they can qualify for and how they can best save their home from foreclosure.

In an effort to spread the word about the effectiveness of the REST, a quantity of folks who have been helped by LoanSafeMods.com have decided to tell their stories by way of participating in REST video testimonials. One such assessment is from Mona, who lives in Point Loma, California with her husband.

Mona explains that they have lived in their residence because 2006 and that, as far as her and her husband have been concerned this was it, this was the residence that they would reside in and work from till retirement and then they would also get pleasure from their retirement with each other in this house. They were attempting to reside the American Dream. They had a residence, they had their organization and they were performing well for themselves.

Regrettably the couple ran into trouble just like so a lot of other people, due to the altering economy that has affected nearly everybody in some way. Quickly they realized that they have been in problems. Not only had been they obtaining difficulty making their month-to-month payments, but their masonry contracting business was genuinely slowing down a lot more than it ever had ahead of.

Mona scoured the net looking for answers, but no a single really seemed to know what was going on. Numerous folks were blaming the home owners for spending more cash than they had, but for Mona and her husband, as well as for many other property owners, this merely wasnt the case. Mona says in her assessment: This home was not a sub-prime. It was not like that. We never ever expected our credit and every little thing just to shut down for the entire business just to shut down.

Now faced with losing their property, the couple was desperate. They had been determined to maintain their house since, as an older couple, this was their final chance to personal a property and reside their dream.

Mona says, in the video, There have been a couple firms out there that offered to aid. I knew instinctively, and from the investigation I had completed, that the attorneys would not be able to get us the modification. They can assist on some places of your residence and your loan, but at the time, not truly with modifications. And a modification is what we have been really hoping to get.

Fortunately, right after getting unable to deal with the banks on their own, the couple ultimately discovered the REST Report. They ran the Report. The numbers made sense. And they were capable to present their case to the bank and acquire their approval for a modification, which lowered their monthly mortgage payments to roughly half of what they were previously paying.

It was a massive blessing given that they had really been strugging as a family members. Aside from the fear of losing their property, one of their daughters had also been diagnosed with cancer towards the finish of their dealings with the bank, adding to the tension and pressure on the couples marriage.

Now Monas daughter is performing nicely, they have their home back, and she and her husband are still happily married.

Mona, speaking from her living space that she fairly nearly lost, says, We have been really pleased with the way it turned out way far better than ever expected! We have a future now! We’re actually hunting forward to our future! And it’s going to be doable. Even if it gets difficult once again, I feel we’ll be able to deal with it, no difficulty.

She adds, I have to say that I am thrilled that individuals out there who really want a different choice than a brief sale, or providing the keys back to the bank, they have a tool that works. Use it! Simply because it works!

For more video evaluations or to uncover out much more about what the REST can provide homeowners, please check out LoanSafeMods.com.