Cash out refinance options offer the perfect solution to stop foreclosure by using the equity existing in the property. Often times foreclosure rescue scams trick homeowners by stealing equity in the property, in exchange for offering to stop foreclosure. Sadly, most homeowners are unaware that they can work out a better solution to use their cash out refinance options, that wouldn’t involve giving a large portion of equity away in the home to a third party offering to help. Plus lots of these foreclosure rescue scams end up not stopping foreclosure, the property and equity are gone forever. The homeowner is left with no property and no equityRead More →

Where To Get New York Foreclosure Help Fast

Do you need help with avoiding foreclosure living in the city of New York?  The good news is that New York has programs and government assistance to help you avoid foreclosure. You need to act fast if you are having trouble making monthly mortgage payments or have fallen behind on your mortgage loan payments. A misconception is that many homeowners think that if they are in default getting assistance to avoid foreclosure is not possible. However, the biggest thing that holds most homeowners back is their failure to act in enough time when trying to avoid foreclosure. There is a lot of shame and embarrassmentRead More →

Loan Modification Warning Scheme Signs To Watch

Many times when homeowners are experiencing financial troubles, it’s easy to fall victim to loan modification schemes. However, there are loan modification warning signs to watch out for so that you don’t become a victim. Make sure that you fully educate yourself on what a loan modification is exactly and how getting approved for one can help to resolve your financial problems. Why apply for a loan modification?    /p> If you can’t afford to make your mortgage payments, applying for a loan modification is a good way to permanently restructure your mortgage loan to be a more affordable payment. The purpose of a loanRead More →

Foreclosure Defense Strategy QWR Qualified Written Request

(This is not legal advice, for informational purposes only). If your home is in foreclosure, the worst thing that you can do is “do nothing or wait” until the last minute to respond. In a foreclosure situation, you must act fast and the sooner you act the better chances you will have to resolve your foreclosure situation. However, most homeowners facing foreclosure, still don’t challenge their mortgage lender.     The reason most homeowners don’t challenge foreclosure is that they lack knowledge and don’t understand that they have also “do have rights in a foreclosure matter.” Lenders and their lawyers are well aware of the rights homeowners have in foreclosureRead More →