Posted by Amanda L Carter on Aug 27th, 2009 | Comments Off
Home foreclosure is still a hot topic on the minds of many Americans. Mass layoffs, furloughs, and salary cuts have given cause to worry for millions of homeowners who are tightening purse strings to budget for monthly mortgage payments. Over…
Posted by Andy Whazzer on Aug 26th, 2009 | Comments Off
It’s really unfortunate the way the national press has so negatively portrayed the Loan Modification process due to the actions of some very depraved and unscrupulous individuals.
Loan Modifications are still the great options for averting foreclosures, the only difference as opposed to when they were first gaining recognition is that now the public must go to further lengths to educate themselves on the Loan Modification and Foreclosure process in order to select the right representation. Awareness is key to avoiding the status of the many Homeowners who acted without educating themselves and became sad stories from the statistics here about on the news daily.
In Loan Modification scenarios there are many variables that can affect the end result. I have actually gone through the process myself and unfortunately owned several properties which I could no longer afford due to both personal and professional hardships which took place simultaneously in my life sending me down a very hard road to travel. I still can’t believe sometimes that after 15 years of perfect credit and not even one late payment, I somehow found myself in a real mess with horrible credit facing several foreclosures, and even the loss of my very own home.
Aside from a tragic personal hardship, my professional career was a shining example of a Real Estate and Mortgage success story turned horror story almost overnight. Once I was able to cope with my personal hardship I realized I needed to act fast if I wanted to at least save my own primary home of 4 years. After a couple failed short sale...
Posted by Amanda L Carter on Aug 14th, 2009 | Comments Off
Home foreclosures for July 2009 numbered 360,149, a 7% increase from June and 32% increase from July 2008. The report comes from RealtyTrac, an online marketplace for foreclosure properties. The report also showed that one out of every 355 housing units…
Posted by Andy Whazzer on Aug 9th, 2009 | 1 Comment
10 Ways To Stop Foreclosure
Mortgage and foreclosure help is available and there’s practically nothing more aggravating and more heart breaking than the thought of losing your home since you can no longer keep up with your mortgage payments. One out of seven of homeowners in the United States are living with this agony,the sad part is many already think its too late and end up losing their home since the did not get the mortgage help that could have stopped the foreclosure.
Most of the time however thats not the case.
However dark your financial situation may be, you still might be able to avoid having your bank foreclose on your property. And foreclosure is something you definitely want to stay away from and you must stop foreclosure. When you have a foreclosure on your credit report, your credit rating will be severely damaged so much that you will have a hard time to find property owners who will let you rent from them. There are ways to get mortgage help and stop foreclosure, We will go over them in this article.
If you’re having a hard time keeping your head above water: Because a mortgage broker led you to buy more house than you could afford and told you you could “simply refinance” once the rates went up, or because you got funneled into a bad mortgage loan that has interest rates rising exponentially every time your A.R.M adjusts on you consider the following tips, Also consider some of the valuable resources at the bottom of the page.
1. Face the problem. Don’t let the mail from your mortgage lender pile up without reading it, Some...
Posted by Amanda L Carter on Aug 7th, 2009 | Comments Off
Foreclosure prevention is off to a slow start. The $75 billion White House initiative to save up to four million homeowners from foreclosure woes over the next three years through various programs, including incentivizing mortgage modification, is well behind its projected goals…
Posted by Andy Whazzer on Aug 6th, 2009 | Comments Off
EndForeclosure.US Mortgage Help Is only A Click Away
In a time where foreclosures are at a record high and homeowners have lost value and equity in the home, one Florida Law Firm is having success in helping people keep their homes and save their credit. The Law ., a Fort Lauderdale based Law Firm, has been able to help many of their clients stay in their houses by using an experienced staff of attorneys, Paralegals and credit counselors to do forensic audits on customers existing mortgages with banks in behalf of homeowners getting their rates and payments reduced to make the payments affordable again.
Loan modification is a fast growing industry with thousands of homeowners around the country relying on attorney’s and credit counselors to negotiate with banks and help design a working plan to keep them in their homes.
Mortgage Help
The reason for success has to do with a variety of factors including
1.Showing the ability to pay on the restructured loan payment schedule
2. Reducing unsecured debt for clients and improving credit scores
3. A new incentive from President Barack Obama’s new loan modification plan for banks to work with home owners
Our Law Offices work nationally with homeowners to help keep them
in their home while dealing with the following issues
1. Having an ARM mortgage that has reset or is about to reset.
2. Being behind on your mortgage payments.
3. Owing more on your mortgage than the value of the home.
The Law Firm provides free consultation to home owners looking for loan modification to stop...
Posted by admin on Aug 6th, 2009 | Comments Off
http://endforeclosure.us/help-mortgage Obama promised mortgage help to those in need to stop foreclosure or give mortgage assistance to those in pre-foreclosure. Act Now Fill out our mortgage help form and a case worker will contact you free of charge to give you mortgage help.