Hey look Ma…no hands!  That is about what you are faced with when you have found yourself (or know someone that has) behind on an overleveraged home, and unemployed to boot.  Basically, the highly touted loan modification plan does not apply to homeowners with little or no income.  I have talked with hundreds of homeowners whom have faced the position to try and save their home, but when I ask what they have tried or what position are in to try and keep the payments going, and they tell me they are out of a job, I sigh and say to myself, “you are scrwed.”  This is is the reality and you can read more on the link below.  Here is a sobering way to look at this;

1. Where is your financial future going to be like in the next 6 months?  The same, worse, or better?

2. How much is your house worth now?  Overleveraged, break even, or equity?

3. Would you consider starting over if you could get relieved of the problem property?

This honest evaluation and timely decision could very well help you with a Fresh Start Future! 

Consider this.  www.Help-ME-ShortSales.com

http://money.cnn.com/2009/11/28/news/economy/Obama_mortgage_announcement/

Keep it short,

Mike