San Diego, CA (PRWEB) April 22, 2013
LoanSafeMods.com is a licensee of the REST Report (Real Estate Services and Technology Report) a third party analytics tool that helps homeowners who are struggling with their mortgage terms to find loan workout programs to help them to avoid foreclosure. The REST does this by comparing information on the homeowner’s mortgage and finances with the qualifying requirements for all currently available government and non government mortgage modification and refinancing programs.
Thousands of people have found the solutions to their mortgage problems thanks to the REST and have been able to save their homes from foreclosure. One person who was able to utilize the REST Report to their advantage in this way is Crystal, a homeowner from San Diego, California. Crystal shares her story in a recently posted REST Report testimonial video posted on LoanSafeMods.com.
In her review Crystal explains how she started to struggle financially after her fiancée passed away and she also lost a job. Without the support she had previously relied on she knew she would not be able to keep up with her house payments.
Crystal decided to approach her bank for a mortgage modification. Her bank told her that she would need to stop paying her mortgage for five months so that she would qualify for the modification. Crystal did this, but she was disappointed to find out that, not only did this ruin her credit rating, but it also did not guarantee approval of her modification request.
When she did finally go in to apply for the modification she was upset by the fact that her bank kept asking for more and more paperwork. They would lose documents or tell her that she forgot to submit documents. It was very frustrating. Also, since her mortgage loan was now “delinquent” thanks to her not paying for five months, her bank was able to start the foreclosure process on her home.
Crystal was horrified to find that she had a Notice of Sale taped to her door one morning. After this, a number of people came over to photograph her property and soon she was getting calls from realtors telling her that her only option was a short sale.
Luckily, Crystal finally found the REST Report and found out that the things that others were saying about her options simply were not true. The REST showed that she had many more options than her bank was offering her and so, armed with the REST analysis, Crystal resubmitted her modification request. After months of living in fear, the request was finally approved within a few weeks of running and submitting the Report.
Now Crystal only pays $728 per month instead of the previous rate of $1,700. She can now afford to keep her home and she couldn’t be happier. She ends her video with a message to other homeowners: “If I can give homeowners any advice it would be to take the advice and get the property income analysis done. There’s no risk; absolutely no risk. Get it done! See what it can do for you. It worked for me!”
For more info on the REST Report program, click here.