Negative Equity San Diego

In San Diego County, Some People Owe $100,000 or Even $300,000
More Than Their Home is Worth!!

Our Program VS Loan Modifications
Because lenders are not required to lower the balance owed on loan modifications, I have only heard of one instance where
the lender lowered the amount owed. They lowered it by 10% and the person still owes 2.5 times what the home is worth. Yes
they will lower the monthly payment, but you will still owe a ridiculous amount more than your home is worth.

You may have gotten your loan modified. How much did you owe on the loan before the modification? How much do you owe
now? I have done loan mods for a little over a year. I have spoken with people that have done hundreds, even a certified HUD
counselor, and I have only heard of that 1 case where they lowered the loan balance. For more information continue here http://ericcolona.com/wasd/2011/12/19/negative-equity-san-diego/