Mortgage Modification 101by Mike Rockwood The nature of the economy these days is having an impact on many people, including on their ability to continue to make their agreed-upon home mortgage payments. Many people are struggling to meet these payments, sadly. But there are a few programs they can take advantage of, including loan modification. [...]
Skip Mortgage Payments in Foreclosure
This is a transcription of a live WebTV program in July 2010. Ryan and Mike are fielding questions about missing mortgage payments as part of the loan mod or foreclosure workout. Ryan Rockwood: Hello everyone and congratulations. You have arrived at the call. You’re in the right spot. This is the 60-Minute Loan Modification Insider [...]
How to Handle the Notice of Default
If you are one of the over 100,000 US homeowners to receive a Notice of Default last month – well, at least you are not alone! The Notice of Default (NOD) is the official start to the foreclosure process. It probably was not a surprise to you, as it usually takes about 90 days of [...]
South Bay Distressed Property Expert | Rocky Rockwood
Palos Verdes HomeOwner Advocates to donate a free copy of Mike Rockwood’s newest handbook written specifically for South Bay homeowners! (Click below)
Luxury Oceanfront Foreclosure | Palos Verdes Peninsula
“Honey, I think we are going to be short on our mortgage payment by $165,858.” – Imagined dinner conversation of Bob Lowe, chairman and chief executive of Lowe Enterprises, The Terrenea Resort’s principal owner. Oh snap! Gosh, maybe they’ll let it slide? …Turns out they just might! As always, it’s great to be rich. And [...]
