Complimentary Report released to help Distressed Property owners realize the Mortgage Forgiveness Debt Relief Act extension


Baltimore, Maryland (PRWEB) March 19, 2013

On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act as portion of tax bill H.R. 8, the bill addressing the fiscal cliff. Originally passed in 2007, this act exempts struggling property owners from paying taxes on debt forgiven in a quick sale, foreclosure, or loan modification.

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The bill extends the act through December 31, 2013, allowing underwater home owners to after once more pursue alternatives to foreclosure, such as brief sales or loan modifications, with no the worry of owing thousands and taxes.

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Sadly, some six years into the housing collapse it is reported that 7 out of ten house owners that locate themselves facing foreclosure finish up losing their house to foreclosure without ever realizing that other choices had been offered to them.

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For distressed property owners, the extension of the Mortgage Debt Relief Act was amazing news. Prior to this act, property owners would negotiate a loan modification or avoid foreclosure via a brief sale only to uncover they owed an equally unmanageable tax debt afterwards, The largest difficulty I have seen is that individuals don’t totally understand the benefits of this system and hopefully my complimentary report will answer some of their concerns says Dan McDevitt, Certified Distressed House Expert with Remax Very first Selection in Baltimore, MD

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As a Certified Distressed Home Specialist (CDPE), Dan McDevitt, Baltimore Brief Sale Realtor is specially trained to aid property owners who discover themselves facing foreclosure. Im committed to helping home owners who are struggling, McDevitt stated. As well often, property owners facing foreclosure think there is nothing they can do, but there is.

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In fact, the choices offered to home owners are far better than ever. Lenders comprehend how a lot foreclosures expense, and increasingly favor brief sales and other options more than letting a home go to foreclosure. Lenders are more prepared than ever to operate with property owners, stated McDevitt

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Dan McDevitt has created this complimentary report with much more info on the Mortgage Forgiveness Debt Relief Act and the choices accessible to property owners facing foreclosure. a copy of this report is also accessible from His site, http://www.BaltimoreAreaShortSales.com.

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Dan McDevitt is a Realtor affiliated with Remax Initial Selection in Baltimore, MD that specializes in functioning with distressed property owners to assist them in discovering a dignified remedy to foreclosure. Given that 2006 when the housing market began its eventual collapse his team has helped more than 200 households in the Baltimore region stay away from the devastating effects of foreclosure.

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LoanSafeMods.com Offers No-Cost Analysis for Property owners with The REST Report

San Diego, CA (PRWEB) January 29, 2013

For those seeking info on home loan resolutions, LoanSafeMods.com may possibly provide the ideal tool. The Genuine Estate Solutions And Technologies Report (REST Report) makes it possible for those who are considering about applying for issues such as foreclosure options to see what they can qualify for just before they in fact apply.

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This tool can support homeowners find answers to their concerns considerably sooner than they would be in a position to get them if they were to apply and wait to see if they have been authorized or not. Many homeowners wait eight to 12 months to get an answer from their servicers. This waiting period can be a extremely stressful time and in the end it might all be for nothing if the application is not authorized.

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With the REST Report, even so, homeowners will know if they qualify for the service that they wish to apply for or not, as properly as what other services they may possibly furthermore qualify for, inside two to 3 days. This will not reduce down the actual time that the individual will need to have to wait to get their application approved, but it can aid them to make a decision if they will apply in the first place and will give them some confidence and reassurance that their application will come by way of in time. It relieves the uncertainty that numerous really feel when submitting their applications to investors or loan providers, which numerous feel is the hardest component of the process.

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This loan workout plan is specifically useful for these who are trying to figure out if they qualify for Hamp Tier 1, Hamp Tier two or brief sale solutions however, there are other advantages that homeowners might qualify for outdoors of the House Reasonably priced Modification Program. Using the REST Report can help to alert homeowners to these other advantages that they qualify for, but of which they might not have been conscious of.

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Nevertheless, not only does this report offer property owners with peace of thoughts when they are going through the application approach, but it can also serve as undeniable proof of qualification that will hold up even at court level. This report can clearly show why the investor of the loan will benefit much more from granting the request applied for alternatively of settling on foreclosure. This can be useful when dealing with banks, which really achieve a lot more by not approving applications.

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Yet another of the goods that LoanSafeMods provides is a totally free D.I.Y. Kit with step by step guidelines on how to submit the application to the investor or service provider that the individual holds the loan with. This, along with the other attributes of the Actual Estate Services and Technologies Report, can serve to make applying for loan resolutions a much much less stressful and uncertain process.

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LoanSafeMods.com, licensee of the REST Report, is also totally compliant with the Federal Trade Commissions Mortgage Assistance Relief Services (MARS), so these who use this tool can have peace of mind each about their application and the details that they are basing their choices on. For far more details, please visit LoanSafeMods.com for a complete REST Report review.

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A lot more Loan Modification Services Press Releases

LoanSafeMods.com Delivers The REST Report Analysis and No-Expense DIY Submission Kit To Property owners

San Diego, CA (PRWEB) February 02, 2013

LoanSafeMods.com is an authorized REST Report licensee that provides REST products to homeowners. The REST (True Estate Solutions And Technologies) Report is a third party evaluation tool that makes use of continuously updated analytical models to offer an correct loan disposition analysis. This analysis aids property owners to make a decision what course of action they should take when it comes to their problematic mortgage situations.

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Basically this tool makes it possible for homeowners to figure out regardless of whether or not they qualify for any term adjustments on their loans. Applying for loan modifications is usually a extremely frustrating method. It can take eight to 12 months to get an answer from the bank or monetary institution, and if the answer is a damaging there is usually no explanation as to why this is.

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With the REST Report, homeowners will know beforehand if they qualify for any adjustments, as nicely as what they can qualify for, inside just a couple of days. In case the report shows that foreclosure would be the only outcome due to the existing predicament, the REST will show exactly why this is. If issues are detected early sufficient, home owners could potentially make alterations that would increase their circumstance and improve their likelihood of avoiding a foreclosure.

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The evaluation does not absolutely assure that the loan modifications will be authorized, nevertheless, and it will not expedite the application approach in most situations. But, it does give a really clear image of how banks and economic institutions will view the applicants predicament. This can give the applicant peace of thoughts if they know that there is very good trigger for their investor to grant better terms on their loan. And, if the report shows that a modification is unlikely, it can save the applicant time applying for and waiting months for a loan modification that will ultimately not be authorized.

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As an authorized REST licensee, LoanSafeMods.com provides this analysis to property owners who are seeking answers. Aside from the actual evaluation, LoanSafeMods also gives a totally free DIY Kit that property owners can use when submitting their application to their bank or lending institution. It walks applicants by means of the approach step by step, which can be a wonderful aid, given that for numerous home owners the unfamiliar application procedure can seem very daunting.

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Taking the guess work out of the application method can relieve of a lot of the uncertainty and insecurity that most property owners feel when they apply. Getting answers inside a couple of days, as opposed to practically a year, is a single of the greatest advantages of utilizing the REST Report. Although this does not completely guarantee approval, it does show the homeowner precisely where they stand when they are thinking about applying for more manageable terms, and can in fact show the investor how they stand to benefit much more by approving the modification rather than settling on foreclosure.

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For far more data on the REST Report and how it can benefit each homeowners and investors by obtaining the very best win-win options, and for info on how to get the cost-free DIY submission kit, please pay a visit to LoanSafeMods.com.

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Associated Loan Modification Services Press Releases

LoanSafeMods.com: REST Report Aids Deal With Challenging Modification Application Circumstances

San Diego, CA (PRWEB) March 26, 2013

LoanSafeMods.com not too long ago released a series of video critiques that show men and women just how powerful the REST Report can be when dealing with hard modification application circumstances. Home owners who have been questioning if the REST will function in their circumstance might find answers to their queries in the most recent video assessment.

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This REST Evaluation focuses on the achievement stories of four separate homeowners, every struggling with their modification applications for months or even years. This and the other video evaluations can be identified on the LoanSafeMods.com YouTube Channel.

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The assessment features the stories of Ron, Crystal, Linda and Mona.

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Ron, who works as an EMT supervisor and lives in his San Diego property with his two kids, tried to save his house for many years without good results.

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Crystal, who also lives in San Diego, was facing foreclosure after the bank told her she require to default on her payments for 5 months before she could apply for a modification, which she desperately required as she couldnt hold up with the existing terms following her fianc

LoanSafeMods.com Releases New Video Displaying Actual REST Report Benefits

San Diego, CA (PRWEB) March 28, 2013

LoanSafeMods.com is a licensee of the REST Report, a trusted third celebration analytics tool that can support investors and homeowners to establish what the greatest course of action would be when a house is in danger of foreclosing. This Report takes data from all accessible government and proprietary loan exercise applications, such as the HAMP modifications, and runs it against the data on the loan supplied by the residence or home owner.

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Usually, when a homeowner seeks a modification to their mortgage, the method can be very a hassle. Large institutions frequently shed documents that have been sent to them by the applicants or are unable to sort through the paperwork in a timely manner. This outcomes in delayed approval of the modifications or in some situations denial of the request when the modification in fact should have been approved.

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This is where the REST Report can aid. The REST serves to organize all the info in a way that tends to make it clear if it would be much more advantageous to the investor to grant the modification than to foreclose the house. In case there was an unfair denial of a modification, the REST also serves as strong proof of the legitimacy of the request that can be used as proof in a court of law.

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The REST is so accurate that it can truly drastically speed up application processing occasions, because most economic institutions accept the outcomes of a REST Report with no query. A new video on LoanSafeMods.com shows how the results from the REST Report evaluate to the actual mortgage modification terms authorized by investors.

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This REST video review shows a number of REST benefits compared to the actual terms authorized by big economic institutes such as Fannie Mae and Bank of America. In virtually all instances, the estimated reduction in monthly payments is only a few cents away from the actual quantity authorized by the bank or lending institute.

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The 1st instance shows a loan where the prior monthly Principle, Interest, Taxes, Insurance coverage and Association dues were $ 3,032.88. The proposed payment calculated by the REST technique was about $ 1,885.67 after the modification.

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The new payment quantity approved by the bank right after the modification was place into place was $ 1,855.88 that is only a difference of 21 cents. This just shows how precise results from the REST truly are.

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The video goes on to show a number of examples, like some jumbo modifications, every of which had the final approved terms extremely closely matched with what the REST results had predicted. In each case the REST was in a position to accurately show what the homeowner or house owner certified in terms of foreclosure alternatives, as effectively as assist in the application method by organizing the details in a way that created it easy for the bank or lending institution to make a choice on the application.

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For more video critiques and to discover out a lot more about what the REST can do to advantage home owners who are struggling with their mortgage payments or faced with foreclosure, please visit, LoanSafeMods.com.

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As Foreclosure Filings in Maryland Rise, a Complimentary Report Shows Distressed House Owners How They Can Go from Foreclosure to Freedom


Baltimore, MD (PRWEB) March 29, 2013

As lately by reported by James Briggs of the Baltimore Business Journal, Foreclosure filings in the state of Maryland rose .33% and pushed The state of Maryland into the leading 10 states with the highest Foreclosure rate.Baltimore Short Sale Realtor Dan McDevitt has released a complimentary report to aid Maryland Property owners facing foreclosure.

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For home owners in danger of losing their home to foreclosure, it is widespread to really feel alone and as although there is no aid. In Baltimore, Maryland, homeowners in this circumstance are discovering relief thanks to a devoted agent trained especially to assist distressed property owners.

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There are a lot more folks who discover themselves in this predicament than many understand, says Baltimore Brief Sale Realtor Dan McDevitt with Remax Initial Choice When they realize they arent alone and that there are options, its like a entire new globe opens up for them.

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There are a quantity of approaches in which homeowners may steer clear of foreclosure, even if they are late on their payments. Loan modifications, in which the bank alterations the terms of the loan so that it is more affordable mortgage forgiveness, in which the bank agrees to get rid of some or all of the quantity owed or brief sales, in which the bank agrees to sell the property for significantly less than the amount owed, are just some of the alternatives obtainable. There are also several Government Applications obtainable to distressed Property Owners.

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As a Certified Distressed Property Expert

LoanSafeMods.com Provides Property Analysis to Home Owners With The REST Report

San Diego, CA (PRWEB) March 05, 2013

Every day thousands of property owners across America apply for mortgage modification but most of these men and women adopt the traditional route i.e. submitting the application and waiting for a response from the lender. The approach can take up to 12 months and oftentimes the application gets rejected for no apparent explanation. The Real Estate Services And Technology Report gives an effortless alternative to this process. The report is a blessing for these considering about applying for foreclosure help. At LoanSafeMods.com property owners get access to the REST report and numerous other helpful analytical tools.

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REST is the very best third-celebration analysis tool when it comes to loan modification. It tells the property owner precisely what he or she qualifies for within a time period of 48 to 72 hours. In other words a individual doesnt need to have to wait ten to 12 months to find out if he qualifies or not. It utilizes the identical criteria even though checking an application that economic institutions use which indicates that the information provided in the report is 100% precise. In truth, a lot of attorneys and lenders are at present employing the REST report to analyze the applications submitted by their consumers. In addition, this report is a great way to prove that modification is a better idea than foreclosure. By proving this to the investor a homeowner can have his sale postponed or fully stopped. It wouldnt be an understatement to say that REST has completely revolutionized the American mortgage industry.

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When it comes to modification there are more than a couple of programs out there. The Residence Affordable Modification Program, also identified as HAMP, is regarded by a lot of as the greatest. The main explanation behind the ever-expanding popularity of HAMP is the huge quantity of media publicity it gets. But although it is a extremely good choice, it shouldnt be the only concentrate of a homeowner. Truth be told, a significantly large percentage of loans are modified outdoors of HAMP so it is a smart selection to keep all the possibilities in thoughts. The REST report is really effective in this regard. It was created to function in diverse scenarios. As of now the report is compatible with Hamp Tier 1, Hamp Tier two, JUMBO loans and short sale options.

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The REST report not only gives peace of thoughts and protection to the property owner, it is also identified to reduce down the processing time of applications considerably. A mortgage modification request that has the REST report attached to it carries a lot far more weight than a typical application. In some situations applications backed by REST get authorized in half the time that lenders typically take to respond to a request. Not only that, it also acts as undeniable proof that holds up even at court level. So if a house owner is totally positive that his application must have been authorized, he can take the matter to court.

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By visiting LoanSafeMods.com home owners can discover out all about REST and get access to a number of other efficient analytical tools. The firm holds a excellent reputation in the sector and is trusted by thousands of satisfied consumers from all more than the country. Click here for a lot more information.

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REST Report Supplies New Hope For Property owners Through LoanSafeMods

San Diego, CA (PRWEB) March 07, 2013

For those in search of reputable details on mortgage modification, LoanSafeMods.com delivers the ideal opportunity. The Actual Estate Solutions And Technology Report (REST Report) offers homeowners the capacity to locate out what they qualify for prior to in fact submitting the application.

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Most people seeking for foreclosure alternatives follow the same route: they submit information about themselves including their hardship letter, their paycheck receipts, their tax returns and their application. With the aid of these factors they hope to portray their fiscal predicament. Then they sit back and wait, hoping the bank will appear at their application favorably and approve their mortgage modification request. Even so there are number of problems with this strategy. The REST report aims to resolve these concerns and make loan modification a simpler, a lot more pleasant process for the property owner.

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Prior to the advent of the REST report, loan modification was something very complex and time consuming. Property owners had to face a number of severe problems. Firstly, it wasnt easy to choose whether to go for modification or brief sale. For that reason property owners frequently ended up creating the incorrect decision and wasting their time and power. Secondly, the waiting period of eight to 12 months was incredibly stressful for the applicant. Practically nothing could be accomplished to expedite the process and have an application authorized ahead of time. Thirdly, a homeowner couldnt challenge the selection of his lender because he had tiny to no details about the modification approach. Lastly, lenders often turned down applications simply because the applicant was unable to pass the NPV test. The REST report has eliminated all of these issues and produced the life of home owners less difficult than ever before.

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With the aid of the REST report a homeowner can uncover out precisely what he or she qualifies for in as little as 48 hours. It can also be utilized to discover the errors in an application that has been rejected by the lender. In addition, this report is recognized to decrease the processing time considerably. Banks and lending firms respond swiftly to applications that have this report attached to them. The REST report has helped millions of homeowners across America to get approved for loan modifications they deserve. Even though it is a third-party analysis tool, it is trusted by lenders and homeowners alike simply because it uses the exact same criteria whilst testing applications that nicely-identified banks and economic institutions use. This system was designed for the sole goal of creating the lives of home owners simpler. If a homeowner feels that his application must have been authorized, he or she can take the matter to court and use the REST report to prove the reality that modification is a greater thought than foreclosure.

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LoanSafeMods.com, a licensee of REST, aims to educate and assist people looking for foreclosure options. Now property owners can get all the essential data relating to REST and use a quantity of advanced tools by visiting this website. The firm behind LoanSafeMods.com has a great reputation in the mortgage business. Click right here for more info.

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LoanSafeMods.com: REST Report Helps San Diego EMT Preserve His Home

San Diego, CA (PRWEB) March 14, 2013

The REST Report (Real Estate Services and Technology Report) is a third party analytics tool that has helped thousands of home owners to benefit from the mortgage modifications that they deserve. LoanSafeMods.com is a licensee of the REST and also gives other analytical and informational tools to aid property owners comprehend how the REST performs and how to ideal proceed when seeking for foreclosure solutions.

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A single property owner that has been helped by this Report is Ron, an EMT living with his children in San Diego. Soon after several years of fighting to maintain his house Ron was practically ready to give up before he found the True Estate Solutions and Technology Report. Like a lot of individuals nowadays, he had gotten into a poor economic circumstance and was struggling to preserve up with the residence payments.

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Ron tried to apply for the Make Home Reasonably priced Program on his own, but located that the bank was not possible to deal with alone. The method, which ought to have taken 45 days, became unbearably lengthy, as every single time Ron would send in the required paperwork he would get a get in touch with telling him there had been a lot more documents essential.

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Several folks supplied to support him get a mortgage modification, even so these people only made matters worse. They required up-front payment and none of them delivered the outcomes that were initially promised. The 1st a single who was there to help advised Ron to quit paying for five months. This method brought Ron into foreclosure.

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What scared me the most about everything was, every day, not understanding if an individual was going to come knocking at my door telling me to get my stuff out. It was just me and my children. We had no where else to go.” Ron says.

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The home itself holds a lot of memories for the loved ones, who has lived there for a lot more than seventeen years. Rons eldest daughter, now sixteen years old, was delivered by Ron himself in that home.

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After three years of aggravation, pressure and uncertainty, Ron was ready to quit. He felt that it wasnt worth the hassle and as a lot of of Rons co-workers who were in the very same predicament had currently accomplished, Ron was just about to settle for a quick sale and walk away.

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Every time I would jump through one hoop, they would toss two a lot more up!

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Fortunately he identified the REST Report via LoanSafeMods.com. Right after years of struggling, in just six months Ron was granted the full modification. This modification wrote off more than $ 360,000 on his principal and cut month-to-month payments to half of what was originally being asked.

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Following dealing with a quantity of men and women offering false hope, Ron is thankful he identified something that actually worked.

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“To have somebody who went out of their way to do a excellent job and not obtaining to pay beforehand was a blessing.”

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The REST Report has helped thousands of other individuals like Ron to locate solutions to their mortgage troubles and to see exactly what modification applications they qualify for.

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“I am so glad I stuck it out” Ron adds “I just want to thank everybody there who just went out of their way to do a fantastic job and do it speedily! They know what they are doing and the appropriate way to go about it and they get wonderful outcomes. Thank you!”

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For a lot more data on the REST Report, pay a visit to LoanSafeMods.com.

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LoanSafeMods Helps California Woman Keep away from Foreclosure With The REST Report

San Diego, CA (PRWEB) March 16, 2013

Loan modifications are becoming more widespread as far more individuals struggle with making their payments and lenders are beginning to realize that foreclosing all these properties might not be the most profitable option. Nonetheless it can nonetheless be extremely challenging to get a modification approved. Luckily there are a number of assistance programs that can assist homeowners to understand and make use of the modification method correctly. The most correct and speedy modification assistance tool is the REST Report (Genuine Estate Solutions and Technology Report) which is available on LoanSafeMods.com.

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As portion of their efforts to get the word out about the advantages of using the REST Report, LoanSafeMods.com not too long ago released a quantity of video testimonials by those who have had wonderful good results with utilizing the REST system. In all circumstances, the property owners had applied for a modification on their personal, or even utilized other solutions that promised them that their modification request would be authorized. However, these individuals all had a very hard time producing any progress and had been on the verge of losing their houses.

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For these men and women, the REST Report was a godsend and helped them to effectively apply for their modification and save their properties. A single of the most recent video critiques comes from Crystal, a homeowner living in San Diego, California, who had lost her fianc