View
141
Download
3
Category
Tags:
Preview:
DESCRIPTION
Are you facing a current or pending foreclosure on your home?Looking for answers on how you can stop the foreclosure process?Here are the top four ways to avoiding foreclosure and save your home. If you are facing any of the following issues:- Current/Pending Foreclosure- Denied for Loan Modification- Defaulted on Mortgage payments- Negative EquityRead on.
Citation preview
Top Four Top Four Top Four Top Four Ways to Stop ForeclosureStop ForeclosureStop ForeclosureStop Foreclosure and
Save Your Home (United States)
Are you facing a current or pending
foreclosure on your home?
Looking for answers on how you can
stop the foreclosure process?
If so, do read on…
If you currently cannot afford to pay
the monthly required payment on
your outstanding mortgage,
you don’t have to fear.
Because there are solutions to your problem,
and there are people who can help.
You can negotiate with your lender a new repayment plan.
If you can provide them with a reason why you have fallen
behind, e.g. loss of employment, unforeseen
circumstances…
and then substantiate how you can catch up on payments,
your lender should be more than happy to provide a
negotiated repayment plan for a short period of time.
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
1. Negotiate a Repayment Plan
An example repayment plan you can offer to your lender is
as below (for loss of employment):
• Make 25% repayments for next three months while
searching for new job
• After three months, commence making 50% repayments
• After six months, commence making 100% repayments
• Capitalize arrears to the loan
• If payments not made, then proceed with foreclosure
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
1. Negotiate a Repayment Plan
Your lender should be happy to negotiate with you a
repayment plan which suits your circumstances, to help you
get back on track in the short term, to allow you to make
repayments in the long term.
The reason for this is that the lender will generally generate
a lot more revenue from your repayments in the long term
than selling your property – (note: lenders do not have
much capacity to renovate, refurbish and sell properties at
good prices, because that’s not their business!)
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
1. Negotiate a Repayment Plan
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
2. Loan Modification
Loan modification can also take place once the borrower
starts to suffer from financial difficulty.
Loan modifications can be permanent compared to method
1 discussed in the previous slides, which can be temporary.
This can be a permanent reduction in interest rate,
repayments, or a complete restructure of your loan.
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
2. Loan Modification
Why would lenders want to modify your loan?
One word. Incentives.
Lenders and mortgage servicers receive a fee for each
eligible loan modification that they make.
(To find out whether you qualify for a loan modification under the
current US laws, call the National Foreclosure Hotline on the number
below.)
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
3. Refinance
Home loan refinancing can help stop foreclosure! This is
when you approach another lender to help you finance your
current loan. However this option isn’t for everyone, as
other lenders will likely charge a much higher interest rate
to compensate for taking on exposure to a high risk loan.
This option is best for those who have a good certainty that
they can get back on their feet within a few months time,
e.g. have a guaranteed employment contract
National Foreclosure Hotline
FREE CALL to get help NOW for
888-653-1857
Any of the following:
- Current/Pending Foreclosure
- Denied for Loan Modification
- Defaulted on Mortgage payments
- Negative EquityMon-Fri
9am-9pm EST
4. Obtain Legal Advice
The final option is for you to obtain legal advice from
loan/foreclosure/banking specialists, and lawyers who
specialise in helping people avoid foreclosure.
You can go to your local community legal center to obtain
local referrals.
OR you can call the National Foreclosure Hotline for FREE
and see how they can help right away. See number and
availability below.
This information is brought to you by the
National Foreclosure Hotline
Call us now if you meet just ONE of the following:
• Pending Foreclosure
• Previously Denied for a Loan Modification
• Missed Mortgage Payments
• Negative Equity
Absolutely NO obligation
Recommended