Stop Mortgage Foreclosure

how can we stop foreclosure and buy some time with out sending tons of money, we want to stay here buit we cant get the house caught up….

It does matter which state you are in. And you don’t say where exactly in the process you are. However, you should still have more options than you might think.

One solution might be to modify your loan to a lower interest rate. Foreclosure is expensive. (it’s estimated that lenders lose an average of $50,000 on any foreclosure). Lowering the interest rate can cost a lot less than $50,000 and allow the borrower to keep their home.

Countrywide, which has been the largest mortage company in America, reports that it modified more than 80,000 loans last year and plans to modify even more in 2008. Rates have gone as low as 3%.

If this doesn’t work, to avoid foreclosure you can talk to your lender about “short sales”. This is a process in which the owner turns the house over to the lender to avoid the costs of foreclosure, and the lender agrees not to pursue the borrower for any balance due after the house is sold.

http://HowToSaveMyFamilysHome.com Shows you how to save between 30-50% on your mortgage interest and get your bank to give you a mortgage payment that you can actually afford. Works even if you’re not currently behind on your mortgage! 30,000,000 homeowners are eligible and don’t even know it!

Duration : 0:9:36

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Technorati Tags: banks, foreclose, Foreclosure, Home Loan, lenders, loan modification, Mortgage, real estate, save home

My dad has already been in escrow(saling the house) for almost 3 months, the mortgage is supposed to stop receiving payments once he was in escrow with a buyer, but they refuse. The escrow is supposed to close 3 days after the motgage starts foreclosure, and the mortgage company refuses to wait 3 days! Is there a way for either my dad or myself to get a $6000 loan or something else?

i doubt if you will find a loan since your house is in forclosue — sorry but that is life!!!

My family and I moved into this house in May, it was supposed to be an "assignment of title" for us to buy. This "management" company said we can move in, pay $2000 in monthly payments to get the deed in our name, and we would then take over the mortgage. We’ve been making payments each month (into a bank account) that was supposed to cover the mortgage, homeowners insurance, and $80 each month towards the assignment of title fee. We did get receipts.

Well, we’ve been having problems communicating with them since August and just a couple of days ago got a letter in the mail from a lawyer which informed us the house is going into foreclosure in less then two weeks and with 4 small children we are under extreme stress right now. We’ve been trying unsuccessfully for months to contact the person whose name is still on the house with no luck, but managed to find him by locating a relative. We were able to meet up yesterday.Comparing notes with him, we found out that both us and the owner have been giving this "management" company money but they have never made a single payment to the mortgage company!

Both us and the owner want to file a lawsuit against this company, but in the meantime we have no place to go and no money saved up to pay 1st months rent and deposit to move somewhere else. Could there be a way to avoid foreclosure and get the mortgage in our name? Would it be possible for the owner of the house to file an injunction to stop foreclosure, and if so how can we do that?
We were scammed. The deed of trust was altered by this guy and he switched owner’s name to my wife’s name when I asked for some paperwork to show city public works.

We thought we were taking over the loan. I can track down all parties. We were told by the owner that the guy he paid and we paid drives two different Hummers. (or leases) Either way, he has a presence on the Internet and can be found.

You can try and talk to the bank about this but what you and the OWNER were doing was not right because the bank should have been informed and agreed for the sale to take place with you to begin with. With your deal the bank could have declared their entire mortgage amount due and payable.

You can sue but likely get no money out of it.

You need to find another home and FAST at anytime you could be given 3 days to get out if the foreclosure goes through.

Join us as we walk the audience through the process of fighting for your home from foreclosure.

Host Shane Richardson
Special Guest Christine Springer MA

Want to know if your home is apart of MERS?
https://www.mers-servicerid.org/sis/search

Christine Springer is a paralegal and the founder of Desert Edge Legal Services, LLC, a legal services company based in Scottsdale, Arizona.

Christine spent the first ten years of her legal career working in prestigious law firms in both St. Louis and Phoenix, Arizona. In 2007, she founded Desert Edge Legal Services, LLC which served the small business community by forming legal entities and preparing legal documents.

Christine began watching the mortgage mess unfold in 2008, when loan modifications became popular. In 2009, she learned how to perform loan audits under the supervision of an attorney and now offers them to clients who are looking for solutions to their mortgage problems. She serves as resource and advocate for homeowners who need help in these troubling economic times.

http://www.foreclosureindustry.com/
http://twitter.com/cespringer
http://desertedgelegal.com/
http://www.linkedin.com/in/christinespringer

The Latest total of Donations:
PayPal balance: $654.65 USD YYYEEEAAA!!!!!!

PayPal Donation account is
shane@theurbansurvivalistshow.com
Thank you everyone for contributing to the show.
You are truly answered prayers being fulfilled.
Thank you,
Shane Richardson

Duration : 0:10:0

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Join us as we walk the audience through the process of fighting for your home from foreclosure.

Host Shane Richardson
Special Guest Christine Springer MA

Want to know if your home is apart of MERS?
https://www.mers-servicerid.org/sis/search

Christine Springer is a paralegal and the founder of Desert Edge Legal Services, LLC, a legal services company based in Scottsdale, Arizona.

Christine spent the first ten years of her legal career working in prestigious law firms in both St. Louis and Phoenix, Arizona. In 2007, she founded Desert Edge Legal Services, LLC which served the small business community by forming legal entities and preparing legal documents.

Christine began watching the mortgage mess unfold in 2008, when loan modifications became popular. In 2009, she learned how to perform loan audits under the supervision of an attorney and now offers them to clients who are looking for solutions to their mortgage problems. She serves as resource and advocate for homeowners who need help in these troubling economic times.

http://www.foreclosureindustry.com/
http://twitter.com/cespringer
http://desertedgelegal.com/
http://www.linkedin.com/in/christinespringer

The Latest total of Donations:
PayPal balance: $654.65 USD YYYEEEAAA!!!!!!

PayPal Donation account is
shane@theurbansurvivalistshow.com
Thank you everyone for contributing to the show.
You are truly answered prayers being fulfilled.
Thank you,
Shane Richardson

Duration : 0:10:0

(more…)

Technorati Tags: and, audit, bank, bankruptcy, bot, christine, closings, collapse, crash, dollar, FDIC, FED, Foreclosure, GOLD, huggins, jarod, market, MERS, note, paul, produce, richardson, ron, shane, show, Silver, springer, stock, Stop, survivalist, the, urban, web

We got about a month behind on our mortgage right after hurricane Ivan due to damages and my husband out of work (his work was damaged). We have our mortgage through Ameriquest. We almost had it caught up and they upped the interest rate twice, increasing the monthly payment, that plus the late fees keep piling up. We wound up two months behind. I sent this months’ payment in plus an extra $100, but they still haven’t applied it to my mortgage. What do I do? And if they are starting the preforeclosure things will they refuse my monthly payment? BTW, I live in Florida. I don’t want to lose our house. If we can just work out the two back payments and slack off on the late fees, we can make the mortgage payment ok.

Contact the housing department. It is not legal for them to just up and raise your interest rate unless you asked them to.

Additionally I would send them a copy of your husbands unemployment claim.

Another idea is to check your homeowners insurance, you should have coverage as your home was damaged in a natural disaster.

Join us as we walk the audience through the process of fighting for your home from foreclosure.

Host Shane Richardson
Special Guest Christine Springer MA

Want to know if your home is apart of MERS?
https://www.mers-servicerid.org/sis/search

Christine Springer is a paralegal and the founder of Desert Edge Legal Services, LLC, a legal services company based in Scottsdale, Arizona.

Christine spent the first ten years of her legal career working in prestigious law firms in both St. Louis and Phoenix, Arizona. In 2007, she founded Desert Edge Legal Services, LLC which served the small business community by forming legal entities and preparing legal documents.

Christine began watching the mortgage mess unfold in 2008, when loan modifications became popular. In 2009, she learned how to perform loan audits under the supervision of an attorney and now offers them to clients who are looking for solutions to their mortgage problems. She serves as resource and advocate for homeowners who need help in these troubling economic times.

http://www.foreclosureindustry.com/
http://twitter.com/cespringer
http://desertedgelegal.com/
http://www.linkedin.com/in/christinespringer

The Latest total of Donations:
PayPal balance: $654.65 USD YYYEEEAAA!!!!!!

PayPal Donation account is
shane@theurbansurvivalistshow.com
Thank you everyone for contributing to the show.
You are truly answered prayers being fulfilled.
Thank you,
Shane Richardson

Duration : 0:7:59

(more…)

Technorati Tags: and, audit, bank, bankruptcy, bot, christine, closings, collapse, crash, dollar, FDIC, FED, Foreclosure, GOLD, huggins, jarod, market, MERS, note, paul, produce, richardson, ron, shane, show, Silver, springer, stock, Stop, survivalist, the, urban, web

We live in California and just moved into this house in February. We signed a lease for a year through a Property Managing Company. Our lease states the landlord is suppose to make all mortgage payments. After we moved in the landlord stop making his loan payments and now the house is being foreclosed. What rights do we have? How long do we have until a sherriff locks us out? Can we sue our landlord or the Property Managing Company for breaking our lease? Please help!!!!!

You will want to research this further, but in terms of somewhere for you to start; the contract you signed "lease" is actually considered "Real Property" and goes with the Real Estate and whomever has possession of that piece of Real Property (it gets sold with the home, if it’s not terminated by another document). I don’t know for sure, but I would guess that you would stay tenants to the new owner (wich will be the bank if the property gets foreclosed). I’m sure there are several loopholes (that are not in your favor) to evade something like that, but I’m not experienced enough with that issue to be able to advise you further.

Good Luck!

If ownership has transferred to the bank, then–no–you can’t stop the eviction.