Search: Legal Guides written by Gene R. Berardelli (2 found)

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Gene R. Berardelli
Written by Gene R. Berardelli
Contributor Level 4

With foreclosures on the rise nationally, banks and mortgage lenders are more open to negotiating a discounted loan balance due to an economic or financial hardship. This process, called a "short sale" is not for everyone, but it enables home owners to avoid an inevitable foreclosure .
Gene R. Berardelli
Written by Gene R. Berardelli
Contributor Level 4

With foreclosures in New York City alone up 50% over the past year, those brokers that sold those subprime loans that contributed to the financial crisis are now "Modification Consultants". Here's what you need to know to steer clear of these characters and where to go for REAL mortgage assistance.

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