While loan modification programs have focused on and required a primary residence, more consideration is being given to investment properties. Vacation homes and rental duplexes are becoming a larger part of the foreclosure problem. In recognition of that growing trend, the Home Affordable Foreclosure Alternatives (HAFA) program is now considering modifications for investment properties.
For more than two decades, Sari Kurland and the legal team at Kurland Law Group in Rockville have helped Maryland residents from all walks of life resolve their debt problems. Financial problems are not exclusive to middle-income families. Many who have invested hard-earned money into a vacation home or rental unit are seeing their property values drop and their equity dissipating before their eyes.
Contact Kurland Law Group at (301) 424-2834 or send an email to discuss a loan modification for an investment property. Working together, the firm’s loan modification lawyers and clients can end the fear of foreclosure while maintaining the debt obligations of the owner.
Kurland Law Group is a debt relief agency. The firm helps people file for bankruptcy relief under the Bankruptcy Code.