This common sense, easy to read book is an excellent reference for any homeowner who is considering applying for either a loan modification, or a short sale. You will learn about what the requirements for loan modification are for banks and private mortgage lenders, as well as the Federal Government's Making Home Affordable Program. You'll be shown what processes are used in determining your eligibility for assistance. You'll know what paperwork will be needed to insure an accurate review of your circumstances. You'll learn about the benefits, and financial pit-falls of using outside representation to help you with the modification process. This book will show you, from start to finish, what options may be also available for you during the modification process, including what the options are in case a modification request is turned down. The book will discuss alternatives to avoiding the damaging effects of a foreclosure, and how your home may qualify for funds of up to $32000.00 of Federal Government relocation assistance in the event of a short sale, or deed in lieu of foreclosure. The book provides information on how a bankruptcy can affect your modification. The book provides a chart of all the lenders and banks in the United States, who participate with the U.S. Federal Governments "Making Home Affordable Program." Reuben Dunn combines his extensive consumer credit and mortgage modification experience with his ability of being able to clearly explain the "whys" and "why not's" of the loan modification process, in an easy to understand manner.