We've all heard the reports. Americans are losing their homes in record numbers, and the housing crisis seems unlikely to subside anytime soon. Foreclosures affect all kinds of people and all kinds of properties. Many people faced with foreclosure feel helpless and resigned to giving up their homes without even trying to save them. The good news is that with the right advice, homeowners can take control of the situation, avoid foreclosure proceedings, and even protect their credit. Lloyd Segal, mortgage banker, attorney, and real estate investor has spent the last twenty-five years helping homeowners save their houses. In Stop Foreclosure Now, he shows readers how to: develop a plan to delay or stop foreclosure ac understand the documents involved ac negotiate with their lender ac use the courts to stop foreclosure and bankruptcy ac arrange to refinance their property ac sell their property quickly ac use military status to stop foreclosure ac understand foreclosure laws in all 50 states Timely and indispensable, this guide will help anyone survive the housing crisis and preserve their most important investment.Example: Susan purchased a home in Peoria, Illinois, several years ago for $400, 000 with a loan for $350, 000 from ... Aer seeing the contract, Valley Savings agreed to a short sale and ultimately accepted $300, 000 as payment in full, ... If your lender takes back your property in foreclosure, they will absorb huge losses.
|Title||:||Stop Foreclosure Now|
|Publisher||:||AMACOM Div American Mgmt Assn - 2008-09-15|