1. Not enough equity in your home to refinance. When you purchase, your Realtor and mortgage originator told you that you can refinance six months to one year down the road even though you purchase at fair market value.
2. Mortgage company will not grant a workout if you don’t have any income coming in.
3. You don’t have enough income or your income cannot be verified.
4. Your mortgage company will not accept legal fees below what they require you to pay.
5. If you abandon your home, your mortgage company will not grant you a workout.
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Nine Reason Why Banks And Mortgage Lenders Will Not Bail You Out Of Foreclosure
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