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I'm back...and not happy about it. :( after saving my home once...and more.


jmw1212
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The last post in this topic was posted 3241 days ago. 

 

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Hi all, so I received my trial modification papers today, yet my home is still going on the courtroom steps and being advertised in the local paper until 72 hours prior to April 5th. Even if they receive these papers back in two days from today, they said they wouldn't stop the sale until 72 hours prior. Wonder why? I am thinking the quicker I get these papers back the better the chance it's not in next week's paper again. Also, as I am reading the papers they sent me, it states we owe $4300 of back escrow that we will either need to pay in full after the 3 month trial plan or roll it over into 60 months of payments (which would be our only option financially) So I also noticed that we were approved by the HAMP program, (we didn't qualify for that one the last time, so not sure how we do now?) thoughts? So I am guessing this is why my loan mod had to be approved by fannie mae? Rewind...Last time they rolled all the past due to the end of the loan and made a "pretty" balloon at the end...So this time it's looking like our lovely government is the one modifying. Last time there were zero loopholes, we paid the three payments on time, loan was modified perm after three months, no issues....This time, not so sure...I am reading things here like after the three months of on time payments, "IF" we still qualify" we will be considered for the permanent loan mod, as long as things have not changed! So what that tells me is...Did I just buy us 3 extra months, but I will have to pay for with no guarantee that we can keep our home? WOW! ...Our latest story in two sentences..... So Hubby lost his job Nov 2014, while looking for a job that could pay our bills for a year. I applied and was approved for a forbearance to give hubby time to find a decent job..Fast forward to Nov 2015, he found one, but the pay was about 40% less than the last job. So the forbearance ran out Dec 1st 2015. At that point they informed us we had to come up with 8 months of mortgage payments by January 1st or our home would be back in foreclosure, this time full time, with a sale date. I desperately gathered all the information I could to try and come up with a plan, I contacted Loss mitigation and with all due diligence was approved for our second and final loan modification within weeks to spare...It's just 2 weeks before our home would be sold off on the courtroom steps. I will call PNC tomorrow to discuss the details, but I want you all to understand that you can't just sign the papers, or assume the lawyers handled it for you, you have to get on the phone with loss mitigation and take things into your hands. Saving your home, is almost like saving your life. You will do everything possible to keep your humble abode sacred and within reach. The difference is saving your life means you will always see this beautiful day again...Saving your home means you will always cherish precious memories here again <3 Prayers to all to save our homes because as I wrote in my hardship letter to PNC..."This is our home, it's not just "a house" and we intend on living out many more precious memories, dreams and we pray daily we can continue to call our home...home <3" ~Janine Wren

Edited by jmw1212
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I wanted to add....did you ever wonder who that person was on the other end deciding your family's fate. That "employee of your bank" gets to put things into the computer and you can bet they are making comments about you. My advice... be nice :) It's not their fault you and I are in default. They actually have been extremely helpful to me. If I end up losing my home, I won't blame them (I have each name). They have been extremely helpful, understanding and very respectful. I have nothing bad to say about my bank right now.. they have been a cushion through hard times and I appreciate that. <3 Amen

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Very good news! Now, find out if your insurance, Medicaid or doctor's office has a social worker/case management person to help you maximize coverage for your kiddo.

And I need to work on that too. I've heard that T1 kids don't qualify, but I should try and apply. thanks :)

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