Archive for October, 2009

How To Stop Foreclosure & Avoid Foreclosure- Loan Modification & Short Sales: Fast Foreclosure Help

Wednesday, October 28th, 2009

http://www.SaveMeFromForeclosure.com is the nations leading foreclosure prevention expert. If you are a homeowner in default we can help you stop foreclosure and avoid foreclosure on your mortgage and your home and house. You Have Options & We Can Help is our slogan, and you can get free foreclosure help. We can help you stop foreclosure and save or keep your home, or we can help you avoid foreclosure and sell your home fast.

If you are behind on your mortgage payment & want to save your home from foreclosure & keep it to avoid foreclosure, http://www.SaveMeFromForeclosure.com will suggest an attorney backed loan modification. A loan modification is a great way to stop foreclosure. It can help you reduce your interest rate, the principal balance on your loan, or sometimes even both.

To see if you qualify for a loan modification and to get a free, no-risk, no-obligation analysis of your mortgage situation, visit http://www.savemefromforeclosure.com/questionnaire.php or call us toll free at 1-888-472-8380 so we can help you stop foreclosure fast and you can avoid home mortgage foreclosure.

If you are behind on your mortgage payment & you want to sell your home fast, even if you have no equity, or you owe more than your home is worth and need help with a short sale, http://www.SaveMeFromForeclosure.com can you help you. We can help find a buyer for your home, or negotiate a short sale with your lender so you can sell your home fast without having to bring any cash to closing.

To get started with a free, no-risk, no-obligation analysis of your mortgage situation if you need to sell your home fast, visit http://www.savemefromforeclosure.com/questionnaire.php or call us toll free at 1-888-472-8380. We can help you avoid bankruptcy & we can help you stop foreclosure fast so you can avoid home mortgage foreclosure.

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Stop Foreclosure: Documents Your Lender Needs to Help You

Wednesday, October 28th, 2009

Gather your paperwork before you call your lender to get mortgage help.

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08-06 Mayor Signs Homeowner/Tenant Foreclosure Rights Ordinance

Wednesday, October 28th, 2009

CityofProvidencehttp://gdata.youtube.com/feeds/api/users/cityofprovidenceNewsUntitled08-06 Mayor Signs Homeowner/Tenant Foreclosure Rights Ordinance2009-08-06

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Stop Foreclosure- Halt Foreclosue- The Timeline

Wednesday, October 28th, 2009

Home foreclosure is a terrible problem. In order to stop foreclosure it is necessary to understand the process and timeline. A consumer who wants to halt foreclosure needs to know the facts.
Visit us at http://haltyourforeclosure.us

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How can I stop a foreclosure on a house I’m trying to buy in Kentucky?

Wednesday, October 28th, 2009

I have a contract on a home. I just found out today that it has gone into foreclosure. My bank says that I am 15 days away from closing, this will take me past the contract date.

Kentucky is a judicial state meaning it goes through the courts. Does the court have a sale date on the property yet? If not you should be fine. If there is a sale date after your closing date then it is still fine. Judicial foreclosures can take a while and if it just went in then you can have the other loan paid off before the bank sells it. All you have to do is make sure it does not go to auction. Before it is sold at an auction it is sold the exact same way as any other property. If it is cutting it close to the auction date then the current homeowner needs to let the lender know what is going on, provide them with any information they need in order to postpone or reset the auction date. This is not too difficult, it just takes communication and today more than ever all they really want is the money not the house. Make sure the payoff is received too, that will take it out of foreclosure for good. Best of luck.

What are the most effective methods to stop a foreclosure sale on real estate?

Wednesday, October 28th, 2009


It depends on how far along you are in the foreclosure process. First off you need income. Second, communication with your lender is extremely important in the early stages. If you are in the latter stages, you can get a loan reinstatemnet. And lastly you can file chapter 13 bankruptcy even just to delay the foreclosure sale if time is needed to either get the loan reinstated or to find a new place to live. If you do have to move, make sure to negotiate a good cash for keys deal with the lender. They will give you thousands of dollars to move out and leave the property in decent condition within a 30-60 day period.

What are the different stages of foreclosure, and what do they mean?

Wednesday, October 28th, 2009

I’m interested in buying a home in foreclosure, but I don’t know what the different stages are or what they mean. I’ve seen "notice of default", "real estate owned", "notice of foreclosure sale", and "pre-foreclosure." Can someone please tell me the stages (from beginning to end) and what that means to me as the potential buyer? Thanks.

NOtice of defualt is the first step to foreclusure. That’s the lender telling the borrower that he missed a few payments - and that foreclosure is coming.

Real estate owned (REO) is the bank owning a foreclosed house.

Pre forclosure is the best time to buy the house. You can often negotiate with the bank at this time and get a good deal. Remember, good terms are better than a good price.

Notice of foreclosure sale is when there is usually an auction after the house was foreclosed and the bank is trying to sell it to the highest bidder. Don’t try to buy here - there will be tons of people at a foreclosure sale and they call came with mega bucks to plop down on the house. Also they are usually all cash deals.

Good luck - and follow the pre foreclosure route. The others might work for you, but only rarely.

As an investor I will tell you that if you are sking this question, you really are not ready to invest. Read up - learn more and then go for it. Good luck

What are my rights as a tenant during a foreclosure?

Wednesday, October 28th, 2009

Hi. I have a verbal month to month agreement with my landlord in New York State. She recently stopped paying the mortgage and the house is going to go into foreclosure. I got the paperwork from the attorney handling it back in November. My lanlord states that I have to continue to pay her the rent each month of $400. Is this true? I’ve heard from other sources that I can continue to live in the house with out paying my landlord until the bank gives me a 60 day notice to move.

Thanks for all your help in advance!

go for it

how late do you have to be on payments before the bank starts the foreclosure procedure and making part pymt?

Wednesday, October 28th, 2009

and making partial payments help to show that we are trying

Typically once your about 3-4 months behind they will begin the process. If you make partial payments it could stretch that time out some, but it will become inevitable.

Once your behind about 2-3 months the banks are now more inclined to work with you as long as you have a job. If self employed it gets tougher and the banks will make a judgment call.

As for partial payments you will continue to fall bahind. Do you plan to get a windfall anytime soon?