We got our loan mod.
I say this with guarded and hesitant excitement because Bank of America worries me, their past actions with us and with the rest of the general population speak VERY LOUDLY.
For the next 3 months, we are in a “trial modification”. We have to make reasonable payments, ON TIME, for 3 months and then, come April…it’s supposedly going to be a done deal. Good for the next 40 years. The final papers will be here in April for us to sign and continue living here, in our house.
I know, I should be SO EXCITED. I think that once April comes and the papers are signed, I’ll be able to breathe. Because, we’ve been in this particular boat before. The trial mod before the real deal. This is the 3rd time. This one is worded a little better. It’s more REAL. More legal and binding. I don’t get the whole trial modification though. I don’t understand why they don’t just modify and be done with it.
I have to thank our attorney, Ken Gross of Thav Gross. You can follow him on Twitter here. He’s been fabulous, dealing with my constant barrage of emails. But, he helped get the job done and I’m forever grateful. For all of you in the same predicament that we were in, contact him. He’s absolutely the best.
I have to say, our “advocate to the President of Bank of America” was pretty darn amazing too. His name is Reuben Dunn. Request him, I think he is one of the rare ones that really do want to help. Either that or they just wanted to shut me up already!
But still. I’m going to remain very nervous until April.
So yeah. That’s the update. We get to stay put! We don’t have to pack up a bazillion boxes and move into my in-laws house. Phew.
In the meantime, I’m still on my mission. I will not rest until those who deserve to stay in their homes get to.
I’m still going to do my weekly Battling the Banks feature so, if you have a financial horror story you’d like to share, please email me at melissabrodsky at sbcglobal dot net.