Legal Question in Real Estate Law in California

Re: Modification

While I respect attorney Bakondi's offer, you need to be aware that if the bank is telling you it will own (and then sell) the house in June or July, then you may be too late for a loan modification. You need to meet with an attorney immediately as you are running out of time. It is not uncommon for loan modifications - even with qualified attorneys handling them - to take months, and during that time, the bank will not stop the foreclosure. If you cannot document sufficient income to service the loan, even as modified, then you may lose the home. You need to have someone qualified analyze your situation and advise you as to whether or not you should pursue this. You did not indicate where you are located, but if you are in San Diego or Orange County, you may feel free to contact me.

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Re: Modification

You may send me an email, as an attorney friend of mine I have worked with in the past who does loan modifications.

Best,

Daniel Bakondi, Esq.

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