Loan Modification Denied Short Sale your Jacksonville House

HAMP or Home Affordable Modification Program has been a complete failure.  Here are some of the more recent articles on the failures:

Home Owners Protesting that it's a SCAM

Only 1 in 4 got mortgage relief

And the most honest, realistic article of them all comes from Fox Business:  HAMP UPDATE:  Foreclosure More Likely Than Modification.

Many home owners who have attempted modification, soon find themselves in foreclosure after they are put through the endless amounts of big bank red tape.  If you are in this situation, DO NOT WALK AWAY from the home!  You have options.

Start researching Short Sales.  It is your best option for getting out of a home that you can no longer afford. I consistently sell houses for Jacksonville home owners who have been denied a loan modification.  If you have a legitimate financial hardship, your bank will most likely allow a short sale.  Bank of America, Suntrust, Chase, Citi, Wells Fargo, etc.  They all are allowing short sales to help you and them avoid Foreclosure.