What is the difference betweeen working with a broker versus an attorney in the loan modification context?
Brokers cannot practice law and cannot give legal advice. That means they cannot answer your basic questions about deficiency judgments, foreclosure rules, application of state and federal law in the loan modification context etc.). Many people are surprised to find that our pricing structure, as a law firm, is in most cases the same as what brokers are charging, and yet we provide so many additional services and we beleive that we bring much more to table as far as being able to make a loan modificaiton happen. Don’t get me wrong, there are some great real estate professionals out there, its just that when you are dealing with your home it is probably wise to consider the impact a lawyer may be able to make on your behalf).
