stopping foreclosure, loan modification companies I have a few experiences inside a real estate company during my time in California and have picked up a few tips about stopping foreclosure from agents inside the office. Obviously, by the time a person or family reaches the point of needing a new plan to keep a roof over their head, the mood is not so light. On one occasion, I had a chance to sit in on a call inside a paper laden office of a middle aged agent named Toni. She had a soft voice amidst her professional attire but was not afraid to tell you how it was, straight to the point. Toni was working on listing a few investment properties for a person who wanted to price them to high. The reason for the high price, which wasn’t comparable to anything selling in the same area, was that they were attempting to recover the money owed on the bank loan.

Stopping foreclosure, for this investor meant coming up with a few thousand dollars to hand over to the lenders for some leeway. The phone rang and the owner answered. Toni relayed the news that she said was necessary in stopping foreclosure. The person was silent but resilient and said “I’ll see what I can do.” Don’t know what ended up happening in this case but I’m sure some loan modification companies were contacted. The lender wheels move very slow in this department so I’ve heard. Seeing a problem on the horizon looks to be one of the best ways to stopping foreclosure.