http://www.isnare.com/?s=author&a=Joseph+Pisicchio Real Estate Joseph Pisicchio Mon, 17 Aug 2009 00:00:00 +0800 http://www.isnare.com/?aid=398602&ca=Real+Estate A loan modification works by changing the existing terms on your loan. When you close on a new home or refinance the existing loan you already have, you will be required to sign a document called the Note. The Note is the repayment plan required by your bank. It contains information such as the inte... Real Estate Joseph Pisicchio Wed, 08 Jul 2009 00:00:00 +0800 http://www.isnare.com/?aid=382132&ca=Real+Estate The laws and guidelines are changing to make loan modifications easier for homeowners. Not more than a year ago the word ‘modification’ sounded scary and complicated. Homeowners had only heard of these words from attorneys or loss mitigation companies. Although sometimes they can be helpful if you... Real Estate Joseph Pisicchio Wed, 08 Jul 2009 00:00:00 +0800 http://www.isnare.com/?aid=382133&ca=Real+Estate It seems within the past two years the phrase ‘refinance’ has been replaced with ‘loan modification’. The new popularity of this term is causing many homeowners to explore the possibility of lowering their mortgage payments using this technique. When done properly, many have been able to achieve... Real Estate Joseph Pisicchio Wed, 08 Jul 2009 00:00:00 +0800 http://www.isnare.com/?aid=382135&ca=Real+Estate The loan modification business is exploding. With interest rates at the lowest levels in history, many homeowners are taking advantage of the opportunity to negotiate a lower interest rate and better terms with their bank. Doing a loan modification yourself is a much more economical, and many ti...