I have a friend who could not afford her morgage payments and was approaching forclosure, she tried to do a modification with the mortgage company but they did not instead they sold the mortage to a nother company. This left the homeowner desperate and afraid of loosing her home, so he hired an athorney to continue fight with the modification with the new company
One month after she paid the athorney some one brought her attention Fidelity Land Trust, and she signed up with them. she is worried and not sure if its a sham from all the comments she read after.
My friend is involved with the Fidelity Land Trust for approximately three months now. They quit claim the deed of her house and paid down a sum of money as they requested, she also has to pay a monthly payment as well after three months.
Do you think it is wise to have athorney do a modification procedure just incase the Fidelity Land Trust is un-succesfull as a plan B, or its waist of money,? or will they work against each other? If all unproductive how does she reverse the deed? Awaiting your answers, suggestions, and coments.
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.My Friend Went With Fidelity Land Trust. She's Not Sure if it's a Sham? - Nelsa by Steve Rhode