If you’re struggling to pay your mortgage in Maryland, you may be considering a home loan modification. While this process can lower your payments and allow you to keep your home, you must also be aware of potential scams that will deprive you of your money. The Federal Trade Commission explains some common mortgage relief scam tactics and how to avoid them.
You worked hard to save enough for a down payment on your Maryland home. However, life happens. Circumstances change, from losing your job to medical issues and more. If you are falling behind on the mortgage payments that used to be affordable, you may wonder if there are alternatives to foreclosure. At the Law Offices of Richard B. Rosenblatt, PC, our experienced team helps clients obtain reasonable modifications that help save their homes.
For several years now people in Maryland and around the country have heard that the nation's economy is strong, showing great growth and rebound after the recession. That does not mean, however, that everyone in the country is living without financial concerns. In fact, many consumers today are facing serious debt problems despite a generally healthy economy.