As the housing market continues to face challenges, many homeowners are at risk of foreclosure and eviction. This is where TLA Real Estate Consulting comes in. Led by the expert Teddy Astin, this consulting firm specializes in loan modifications and foreclosure prevention, offering hope to homeowners facing financial difficulties.
Mr. Astin discussed the eligibility criteria for loan modifications, emphasizing that a change in income is the main factor. Whether you have experienced a loss of income, transitioned from two incomes to one, or are living on a fixed income, you may qualify for a loan modification.
Many homeowners hold a common misconception that credit score plays a significant role in loan modifications. However, Mr. Astin clarified during the interview that your current income is the primary consideration, not your credit history. By understanding the nuances of the loan modification process, homeowners can make informed decisions and avoid falling into agreements that do not truly address their financial challenges.
Mr. Astin also highlighted the importance of checking in on elderly parents who may be facing mortgage issues. Many senior citizens are living on fixed incomes and may not be aware of the options available to them. By staying vigilant and reaching out for help when needed, families can protect their loved ones from the threat of foreclosure.
Dr. Richey emphasized to listeners that TLA Real Estate Consulting is a national company, offering assistance to homeowners across the country. Whether you reside in Georgia or California, their team of experts is prepared to guide you through the loan modification process and aid you in securing your home.
To listen to the full interview, click the link above.
Dr. Rashad Richey, host of the award-winning ‘Rashad Richey Morning Show’ on News & Talk 1380 – WAOK/V-103FM (HD3) (Weekdays 7am -10am), and the ‘Dr. Rashad Richey Review’ on SiriusXM’s…
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