Are you considering paying for loan modification help? STOP! Think Twice!

I have been getting a ton of phone calls and emails lately from people trying to decide who they should choose to modify their loan. (A loan modification is a great tool to make your loan into a loan that you can afford-- it is a fantastic tool because it can help you avoid foreclosure and save the bank a ton of money)

Here's basically what one recent inquiry said: I have been approached by two different companies offering to modify my loan with my lender. One will charge me $1500 and one $3000.

My question is, are these companies guaranteeing their services? You wouldn't pay a roofer to re-roof your home without a guarantee. You don't buy items that don't have some warranty that they will work. Why would you pay someone (quite a bit of money besides) without any guarantee that you can even get a modification... and how can you be sure that they have even done any work on your behalf?

I know there are a ton of people out there just like me who will help you (in your area) at no charge. There are no guarantees-- no one can promise they can make your lender change.