1. Myth: If a loan modification does not work for me, I should just let the bank foreclose. A foreclosure is the worst solution. You may have to pay taxes. You may still have the lender pursue you for their loss. You may not be able to lease a new home or get a new job. Allow us to help you with a better solution. 2. Myth: My loss is only on paper. Negative equity is real and determined by today’s real estate market values. You are weighed down by a debt that will take many years to recoup. Your mortgage payments are likely higher than your neighbor who recently purchased for a fraction of your mortgage balance. 3. Myth: I have a moral obligation to repay my loan. You entered into a contractual agreement with your lender. You may have already lost 100% of your investment — your down payment. A lender charges interest because they know their investment is at risk. You have paid that interest. A short sale is an option to protect you and allow you to get a fresh start. A short sale allows you to share the loss with your contractual partner — the lender. 4. Myth: The important thing is to save my house. the most important thing is to save your family’s financial future. Your home is wherever you build it. the happiest home is one that is affordable and stress free. 5. Myth: I should wait out the market. Your best option is to schedule a consultation with our team to illustrate your options - straight talk with solutions, so you are able to make the best decision based on all the facts.