Comments on: Can I Trade My House In For a Smaller One Instead of Losing it in Foreclosure? – Hollis http://getoutofdebt.org/5359/can-i-trade-my-house-in-for-a-smaller-one-instead-of-losing-it-in-foreclosure-hollis Free debt help and debt advice on how to get out of debt, getting out of debt consolidation scams, and inside information on the debt relief and debt help industry. Fri, 25 May 2012 02:12:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Steve Rhode http://getoutofdebt.org/5359/can-i-trade-my-house-in-for-a-smaller-one-instead-of-losing-it-in-foreclosure-hollis#comment-20947 Steve Rhode Thu, 15 Apr 2010 14:04:27 +0000 http://getoutofdebt.org/?p=5359#comment-20947 Miranda, If you just look at the statistics, they are not good for mods that were turned into permanent modifications. I have no crystal ball to predict what will happen. If you have not done so already, call a free <a href="http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm" rel="nofollow">HUD Housing Counselor</a> and talk through the process with them. Steve Miranda,

If you just look at the statistics, they are not good for mods that were turned into permanent modifications. I have no crystal ball to predict what will happen. If you have not done so already, call a free HUD Housing Counselor and talk through the process with them.

Steve

]]> By: Miranda Sarkowsky http://getoutofdebt.org/5359/can-i-trade-my-house-in-for-a-smaller-one-instead-of-losing-it-in-foreclosure-hollis#comment-20941 Miranda Sarkowsky Wed, 14 Apr 2010 23:14:25 +0000 http://getoutofdebt.org/?p=5359#comment-20941 Steve: My home loan is under review with BOA'a "Making Home Affordable" program. The news says that this program has only helped 170,00 people of millions that have applied. Do you know the true status of this program - or - am I SOL on a modification? I was current on my payments but it would have been near to impossible to make my mtg pymt much longer. The "temporary" payment is doable and I've not missed any. If rejected by BOA what's the likelihood of HUD extending any modifications? HELP Steve: My home loan is under review with BOA’a “Making Home Affordable” program. The news says that this program has only helped 170,00 people of millions that have applied. Do you know the true status of this program – or – am I SOL on a modification? I was current on my payments but it would have been near to impossible to make my mtg pymt much longer. The “temporary” payment is doable and I’ve not missed any. If rejected by BOA what’s the likelihood of HUD extending any modifications? HELP

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