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American Residential Law Group Urges Homeowners Not to “Go It Alone” During Mortgage Modification
Date:6/15/2010

The mortgage modification process should not be undertaken without legal representation, urges American Residential Law Group.

Fort Lauderdale, FL (PRWEB) June 15, 2010 -- American Residential Law Group urges homeowners facing foreclosure not to go through the mortgage modification process without viable legal help on their side. Modifying a mortgage can be a confusing process and unethical lenders can take advantage of homeowners’ confusion.

The staggering number of homeowners facing foreclosure has not lessened, and, according to government sources, that number could be set to rise again. The most beneficial option for homeowners dealing with a difficult financial situation is a home loan modification. However, modification programs can be difficult to understand for those who have no legal background.

Unethical lenders are able to turn this confusion to their advantage, working in additional fees and costs, and increasing the overall costs of the mortgage, all while seeming to work for the homeowner’s best interests. Obviously, this serves only to increase the long-term financial difficulties homeowners face. American Residential Law Group urges those in this situation to find viable legal assistance to work on their behalf during the mortgage modification process.

Such legal help can have dramatic effects on the process, and can ensure that owners are able to actually find the financial relief that they require. However, “going it alone” is an open invitation to increased costs and
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