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Archive for the ‘Stop Foreclosure’ Category

There are many people and companies offering to show you how to stop foreclosure. It is not magic or a secret and the information should cost you nothing. In fact here it is below so you don’t have to go to a seminar or pay a lawyer or a liar to enlighten you.

How to Stop foreclosure for sure every time-

method one- File bankruptcy before the sale date and notify the lender of your case number from the bankruptcy court. This is sure fire but temporary

method two- Pay the mortgage current. This is often impossible due to lack of funds and is therefore unavailable to many people.

How to stop foreclosure for awhile until you figure out you have to move to a new place since this one is going into foreclosure-

There are lots of ways to do this Read the rest of this entry »

This article is from my apprenticeship/training course for   short sale negotiators and real estate agents.

In less than 1500 words it gives complete step by step instructions on how to get free Stop Foreclosure Help by doing it yourself.

It is a bit technical but this subject is very complex and I have tried to reduce it to its simplest terms so anyone with an 8th grade education can understand and use it.

It is being made public here for the first time. I hope you find it useful.

As with all these posts please feel free to comment or ask questions at any time.

Do It Yourself Stop Foreclosure Help

Read the rest of this entry »

When facing a foreclosure, there are important facts that your bank will not tell you. Knowing these facts will give you the tools to make smarter choices.

#7–Live in Your House for Free

Remember that you are the owner of your house until the day the bank sells your property at a foreclosure auction.
As the property owner, you are entitled to live in the home or collect the rent, even if you have not made your mortgage payments to the bank.

Banks are protected by legal documents which allow them to repossess your house if you default on your home loan.
These same documents give you the legal right to remain in your home without paying your mortgage until the foreclosure occurs.
(A foreclosure attorney can give you information about your specific situation. But be careful which attorney you trust.)

This means you get to remain in your house while the foreclosure process takes place, even if you are not making the payments.
Since foreclosures often take many months to complete, many homeowners stay in their houses without making any payments for 6 to 12 months.
Some property owners even collect the money from their rental properties while the banks run the foreclosure process.

Living in your property for free for half a year or more is a very valuable thing. It is more valuable than any plan offered by the government that purports to help distressed homeowners facing foreclosure.

This is one of the 7 foreclosure facts the bank will never tell you – for more details about fact #3 as well as the other 6 facts to help you stop foreclosure, get your copy now, free.

When facing a foreclosure, there are important facts that your bank will not tell you. Knowing these facts will give you the tools to make smarter choices.

#6–Living After a Short Sale

You still have options after a short sale–even with bad credit.

You can still rent or even buy property with a short sale on your credit record.
As long as you are candid and honest about your credit issues, many rental managers with still accept your rental application.
Home sales are slowing in many areas around the country, and sellers may offer “rent to own” scenarios which allow you to buy without going through a bank.

Millions of people in this country have credit problems. You are not alone.
Landlords need to rent to someone.
Sellers need to sell to someone.

For more information about short sales or help to stop foreclosure,
sign up below to receive your free copy of “7 Things Your Bank Will Never Tell You”

When facing a foreclosure, there are important facts that your bank does not want you to know. Knowing these facts empowers you to be able to make smarter choices and regain your sanity, your life and your self esteem.

#5 You can hire a skilled negotiator for free

You should not attempt to negotiate directly with your lender. These are some reasons why.

The banks run four processes at the same time–collections, foreclosures, loan modifications, and short sales. The procedures and paperwork involved with these four processes confuse everyone involved, including the bank’s own employees. It is common for a default borrower to get mail from 3 or 4 different departments. Often, the information from one department conflicts with information from another department.

In addition, negotiation is extremely time consuming. It can take from 2 to 4 hours per day to negotiate a short sale or loan modification to stop home foreclosure on one property.

Let a skilled negotiator with experience in handing these cases do all the work for you. You can hire a skilled professional to negotiate with your lender on your behalf and pay nothing for the service. With a carefully drafted contract, you can include negotiation fees as part of the necessary closing costs in the escrow. This means that the bank ultimately pays for the negotiation services, even though the negotiator represents your interests.

Contact us at 916.454.5400 for help to stop foreclosure and, sign up below for your FREE copy of “7 Foreclosure Facts Your Bank Will Never Tell you”

When facing a foreclosure, there are important facts that your bank does not want you to know.  Knowing these facts empowers you to be able to make smarter choices and regain your sanity, your life and your self esteem.

Short sale fact #4:

You don’t need to explain your hardship and beg for help.

Tell the bank that it does not make commercial sense for you to continue to pay the debt.

This is one of the 7 things the bank will never tell you – for more details about fact #4 as well as the other 6 facts to help stop foreclosure, get your copy now, free.

When facing a foreclosure, there are important facts that your bank will not tell you. Knowing these facts will give you the tools to make smarter choices.

#3 You did not cause this, so stop feeling guilty.

It is not your fault that the economy is bad or that home values have fallen 50-70%.
It is not your fault that you may have lost a job or taken a pay cut.

Feeling guilty about your situation will not help you improve it.
The most important thing you can do is educate yourself about your options and find the motivation to move on.

This is one of the 7 foreclosure facts the bank will never tell you – for more details about fact #3 as well as the other 6 facts to help you stop foreclosure, get your copy now, free.

The loan modification process, as viewed through the public’s eyes, seems like a deliberate attempt to confuse homeowners.

In spite of their numerous letters and offers to “help” homeowners facing foreclosure,
lenders put their policies in place to benefit themselves.

Most of the “help” offered by lenders comes without any real value to the homeowner.
Lenders often give homeowners a false sense of hope and lure them closer to foreclosure.

Evidence for the above statement can be found in
the US Treasury Report for the 3rd quarter of 2009:

680,153 homeowners applied for home retention actions such as loan modification.

However, only 781 homeowners actually received the modification they applied for.
So out of 680,153 homeowners, 679, 327 homeowners will probably lose their homes to foreclosures or other actions.

In addition, research shows that half of the approved loan modifications became delinquent again within 9 months.
Homeowners who are delinquent on their mortgage face imminent foreclosure.

The help that banks offer is illusory at best and in some cases outright fraud.
So, most loan modifications are in fact, just next year’s foreclosures.

This is one of the 7 foreclosure facts the bank will never tell you – for more details about fact #2 as well as the other 6 facts to help you stop foreclosure,  get your copy now, free.

Numerous foreclosure scams have caused thousands of Americans to lose their homes.
A recent scam in the mid west conned a variety of individuals into paying upfront fees to resolve their debt or prevent foreclosure.

Charles A. McKuhn owned the deceptive debt reduction company–Taurian Worldwide Financial, Inc.–which claimed to consolidate mortgages and establish credit lines. He boasted that the company’s foreclosure attorney could file the necessary paperwork to stop the foreclosure process.

Desperate homeowners payed the upfront fees, hoping to save their homes from foreclosure. Unfortunately, McKuhn and his company failed to resolve debt issues and prevent foreclosure. In fact, his company is not licensed as a lender or debt counseling agency. Many of the individuals who gave McKuhn their money and trust lost their homes because of dishonesty and fraudulent actions.

Don’t let yourself be scammed by criminals who want to take advantage of your situation.
Make sure the company you’ve chosen is legitimate, and be wary of upfront fees.

Read further about avoiding foreclosure attorney scams.

Get your FREE copy of “7 Foreclosure Facts Your Bank Will Never Tell You.”

Most people who apply for loan modifications are rejected by their lender. In addition, more than half of approved modifications become delinquent again within 6 to 9 months.

The US Treasury report for the 3rd quarter of 2009 states that 680,153 homeowners applied for new home retention actions.
Unfortunately, only 781 of those actions became permanent.

These numbers show that less than 1% of homeowners achieve a successful loan modification. So, for every 800,000 struggling homeowners, only 800 will get to stay in their homes.

Despite the promises they make, the bank is not your friend.

This is one of the 7 foreclosure facts the bank will never tell you–for more details about fact #1 as well as the other 6 facts to help you stop foreclosure, get your copy now, free.