TIPS ON HOW TO SAVE YOUR HOME FROM FORECLOSURE!!!

I’ve been on medical leave but you can’t keep a good woman down so I’M BACK!!! I’ve also resumed writing my 1st Ebook and book entitled, “The Preforeclosure Bible: Successful Proven Techniques On How To Stop A Foreclosure (Inside Secrets Your Lender Won’t Tell You!” Just wanted to leave you a few tips on here and I will add more as time permits.

1. Catching up on your arrears – That will, obviously, stop your foreclosure. However, it’s unrealistic and a joke in my professional opinion. Your property is more than likely “underwater” as all of the rest across the country. It’s just a matter of how much value it has lost so why would you want to catch up or even continue to pay on a property that does not have the value your original mortgage was secured for it? Well, you wouldn’t because it’s like throwing money into the fireplace. It just doesn’t make any sense to do so but your lender and their attorneys will ask you for it. Therefore, I will continue on to the next tip.

2. Special Forebearance – Is a temporary measure whereas your lender can suspend your payments for awhile to give you time to recover from your distress ie) 3-6 months is the norm. Then they can put your arrears on the end of your loan. My motto is, “always ask….all they can do is say, “no.” It’s a motto my mother taught us as children, by example, and I promise there was rarely, if ever, that she didn’t get what she asked for no matter what it was in life! Generally, if you can prove that your distress is temporary and that you can quickly recover this would be the way to go.

3. Loan Modification – would be the next tip, if you desire to try and keep your home. First of all, it’s all contingent upon what type of loan you have as to the policy so you would want to contact your lender and ask for their Loan Modification Package. For example, if it’s an FHA and you are over 12 months in arrears that violates the FHA Loan Modification policy and you will be automatically be denied. In the Loan Modification scenario you would still have to prove to your lender that you are, in fact, capable of resuming payments on the property. A lot of times property owners have experienced a traumatic issue in their respective lives ie) death, divorce, loss of job, illness, etc. and loss partial or all of their income. Then a few months or so later they are back on their feet but just can’t catch up on the arrears.

You need to sit down and do a budget which outlines all of the income coming in for the parties on the mortgage and any others in the household that you can prove. Then itemize your debts (bills) all on a monthly basis. Do NOT include cable bills and a lot of extra’s that your lender may consider a luxury or it will hurt you! Your budget can NOT be in the negative. You need to modify it to show that you have a surplus of atleast $300-500 per month and no more. If you show too much excess funds, then they won’t modify the loan and will expect you to pay your regular monthly mortgage. Modifying it means that you are requesting your lender to lower your mortgage payments and possibly your interest rate, as well as putting ALL arrears at the end of the loan. Please do NOT fall for any lenders trick of asking you how much money you can send in to them before they will approve a loan modification.

Keep in mind that Lenders do NOT know how much money you have unless you tell them OR if your savings and/or checking account is with them. I’ve been doing this for 15+ years (saving families from foreclosure). I suggest to all of my clients to have two bank accounts. One is to show little or no money to their lender and the other is to put away all of the money they have saved up since they got back on their feet. You do NOT tell your lender about the second account. That is the account you need to survive and/or to move on should you not be able to negotiate some kind of resolution to avoid foreclosure. You do what is best for you and your family NOT for your lender! Believe me they will survive without your little money

I will add more tips asap so check back periodically “OR” if you are in distress and urgently need my assistance, please email me directly at angelicrealtor1@yahoo.com I will be happy to discuss your options of avoiding foreclosure and will explain my Preforeclosure Consultation Session that we can do via telephone. Thank you for your time and have a wonderful day!

Your Real Estate Guardian Angel,
“Dana”
Dana Harris Carter, Realtor
Preforeclosure/Bankruptcy/Fraud Specialist

PLEASE VOTE FOR US TO RECEIVE A $50K PEPSI GRANT TO STOP FORECLOSURES!!!!

Urgent!!! We need your help!!! My idea entitled, “Provide “FREE” Foreclosure Defense Seminars To Distress Homeowners” below was selected by the Pepsi Challenge Committee to be considered to win a $50K grant through their corporation. All I need is your DAILY votes!!! You can click on the link below to see the proposal that I submitted and there will be a vote button that you can hit to vote for it.The voting process is currently open and will be available until 8/20/2011. Afterward the Pepsi Corporation Officials will count up the votes and the projects that receive the most votes in their respective categories will win the grant amount they applied to receive. There will be a total of $1.3 Million Dollars in grants given away.

Please feel free to post my website at http://www.refresheverything.com/stopforeclosures on your facebook, twitter, myspace and other social media accounts, as well as forward this email to your contacts and/or post it wherever permitted. Just help me get the word outAll I need is your help to get to the finished line PLEASE DON’T FORGET TO VOTE DAILY!!! Thank you!!!

WHO REALLY OWNS YOUR MORTGAGE? CAN THEY PROVE IT?

During this real estate and mortgage crisis everyone homeowners needs to know who really owns your mortgage and can your lender prove it? I have supportive documented evidence for the past 7 months withmy current clients that submitting a Qualified Written Request (QWR)/Produce The Note Strategy to your lender is imperative for every homeowner across America. It is your legal right to know the answer to this question. Do NOT assume that your lender has the original signed mortgage deed documents because they may not have especially looking at the amount of times your loan may have been sold to various lenders. Even if you still have the same lender, there is no guarantee that they own your mortgage.

As I mentioned above, during the past 7 months I’ve had clients who have  made demands to their lender using the QWR/Produce The Note strategy and the lenders have not complied. In the interim their foreclosures were stopped based upon this fact and they are still in their homes (MORTGAGE FREE)! Although it’s not an automatic process for your lender to stop the foreclosure many of them will do so upon your request while they entertain your QWR (Qualified Written Request). If they don’t you can ask the courts to intervene and force them to stop your foreclosure until such is done. Nevertheless, once a foreclosure is stopped using this strategy it is ILLEGAL for your lender to restart the foreclosure process without proving that they can,in fact, Produce The Note! If they do, they are in violation of the Fair Debts Collection Act, RESPA Laws and you can sue them, report them to their local Bar Association, etc.

If you need more information on how to get this process started and the nominal costs incurred “OR” if you need Preforeclosure Consultation (regardless of the State you reside in or whether you want to keep your home or not in order to know your options to avoid foreclosure) by an expert in the field like myself, please email me and reference this article at angelicrealtor1@yahoo.com

I have a legal services team that I use to help my clients and I’ve negotiated a seriously low price for them to do so. I’ll be happy to ask them to do the same for you and you can deal with them directly on the QWR.  I strongly suggest that you NEVER try to present a QWR to your lender. You’re NOT a lawyer and they will eat you up alive to be frank. As legalistic as I am and as intelligent as I may think that I am, I would NEVER pursue this process without legal assistance which is exactly what I have for my clients.

I believe in honesty and integrity and have helped countless property owners throughout the past 15 years to avoid foreclosure. Now we are on a campaign of ensuring the property owners know and exercise their legal rights!!! You could force your lender to provide you with serious loan restructing, modification, etc with the terms and conditions thereof ie) mortgage payments, interest rates, principal balance, as well as even get your title deed for FREE because of your lender’s lack of providing this information to you.

Do your research and you will see cases across the country where homeowners are winning cases against their lenders and getting their title deeds free and clear!!!!I’m also in the process of writing my first book on the subject matter of how to stop a foreclosure in order to meet the masses nationwide along with conducting local Preforeclosure Workshops. It is time for property owners to take the bull by the horn and say to their lenders, as President Harry Truman stated, “Enough is enough and too much is much…The buck stops here!”

Thank you for your time and consideration of the above. You will NOT regret it!!!

Sincerely,

angelicrealtor1

P.S. – During this mortgage crisis I’ve kept distressed property owners out of foreclosure and in their homes (MORTGAGE FREE) for a minimum of 6 months to a record high of 3-1/2 years now. These strategies really do work!!! Atleast you can stay in your home, save up as much money as people in case you cannot afford to keep it, and be able to move on with dignity and respectful lives. Peace & blessings always!!!!