We Buy Houses, REO, Stop Foreclosure Home Loan Modifications Blog

We Buy Houses and REOs and Help Stop Foreclosures and Successful Home Loan Modifications for homeowners that are looking for options and solutions to sell their house fast cash or stay.

Stop Foreclosure http://www.consumerdefenseprograms.com/a Foreclosure expert, Corey Vandenberg explains what is foreclosure.

“One of the most common questions that I get about foreclosure or stopping foreclosure is people want to know really, in its essence, what is it? What is foreclosure? I’m going to try and make this simple for you so that you really get the understanding of what is happening. When you signed a loan agreement with a bank, and there’s two types of foreclosures that can happen in the United States, there’s what we call a trust deed state and there’s what we call a mortgage state, and depending on which state you live in is what’s going to determine how those foreclosures happen, like what the procedures are, and the rules and what not.

Here’s the best way I’ve ever come up with to explain a foreclosure. The common misconception is that a foreclosure is the bank taking your house. The reality is, if you’re familiar with a word, by proxy, or what it means to do something by proxy, that is actually what is happening in a foreclosure. What’s happening is, you signed an agreement when you took out a loan that said that in the event that I don’t live up to the terms of this agreement, then I grant specific legal power to the lender or their trustee to go ahead and sell my house, as me, by proxy. When they’re standing up on the courthouse steps auctioning a home, they are actually doing that under the home owners’ authority on behalf of the home owner. It’s you selling your house to satisfy the debt of obligation that exists because of the mortgage. It’s not the bank selling your house, it’s you selling your house, really. This process, like I said, can happen two different ways, depending on which type of state you’re in, whether it’s a mortgage state or a trustee state. This is a very important distinction. In a mortgage state, what’s essentially happening is there is a lawsuit being filed where there’s a contract that exists which is your loan agreement and the bank is saying in the court systems, “Look, we’ve got this contact here, and under the terms, they’ve defaulted, or we’re alleging they defaulted, and we want permission from the courts to satisfy the contract according to the terms and be able to recover any damages,” which is pretty typical of any type of lawsuit.

A trustee state is very different. A trustee state, kind of acts on the theory that everything’s already been worked out in the contract, there’s no need to go to court and enforce the contract, it’s here, it’s plain, it’s written on the face of the document, we can follow it. As long as the bank follows the rules in that state, then they’re legally allowed to just go ahead and proceed with the foreclosure according to those rules because it’s spelled out in your contract. Obviously I’m making this very simple, but that is the core essence of the difference of a trustee foreclose and a mortgage state foreclosure. As far as any other aspects of what foreclosure is by definition, those are the two most important things. What I would close with is that, a lot of times people feel like they either don’t have options or they don’t know what their options are in a foreclosure. Specifically, you almost always have the ability, up to a point, to bring the home current. Some of the other options that we’re going to talk about in other videos kick in when you don’t have the ability to bring it current. It’s a very big misconception people run into that they feel like now that I’ve fallen behind, I can’t even bring it current, and that’s absolutely no the case. That is very possible, I would say 99 percent of the time. Defining foreclosure, it’s really just a legal action where the lender is trying to recover the collateral, and they can do it one of the two ways we just talked about.”

For more information about Consumer Defense Programs and how to Stop Foreclosure, visit http://www.consumerdefenseprograms.com/a

Duration : 0:5:13

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Dec
07

Stop Foreclosure – Short Sales work!

Posted by David G

Have you ever wondered why banks accept a short sale rather than foreclosing. This video will explain WHY the short sale is more attractive to the lender and YOU, the borrower!! Learn how to Stop Foreclosure with a Short Sale.

www.denverstopforeclosureblog.com

Duration : 0:6:8

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Understand the foreclosure process in Colorado. Discover when you must vacate the property, and learn what your options are to postpone the foreclosure. Yes, Dan Hopper and his short sale team can assist you with options to stop the foreclosure. Short sale or loan modification. DO not walk away from the property!! Prevent a foreclosure on your credit!!
Stop foreclosure, now!!

Duration : 0:3:1

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http://TheCapstoneTeam.com (510) 432-0617 Derick Drumm of The Capstone Team at Keller Williams – Two Names You Can Trust – discusses the 8 options to foreclosure.

1) Forbearance – Lender gives borrower more time to pay amount in arrears based on promise to pay.

2) Reinstatement – When a homeowner makes up all their back payments to bring the loan current.

3) Repayment Plan – An agreement with the lender that gives the homeowner a fixed amount of time to repay.

4) Refinance – Requires income, good credit and equity to support a new mortgage or deed of trust.

5) Loan Modification – Written agreement to change one or more of the original terms of the note.

6) Deed In Lieu of Foreclosure – Often referred to as a friendly foreclosure since the owner essentially gives the deed back to the bank but it is still a foreclosure.

7) Bankruptcy – A bankruptcy may allow the homeowner to discharge some debt and reorganize.

8) Short Sale – When the lender agrees to accept less than the total amount due on the loan.

Short Sale
Short Sales
Avoid Foreclosure
How to avoid foreclosure
Foreclosure Avoidance
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Duration : 0:4:50

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http://www.SaveMyHomeLLC.com 888-818-8177 Stop foreclosure now on your home. Avoid foreclosure. Postpone your sale. Ways to postpone foreclosure. Save my home America. Prevent foreclosure really

Duration : 0:3:23

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www.moreinfo.whybellahomes.com People not banks should OWN homes! Get Qualified today at or call Pamela Jessie 888.564.5324

Or to join our team www.moreinfo.whybellahomes.com

The mortgage crisis is at epidemic levels, families are being displaced
left and right. As representatives of Bella, it’s our duty and obligation
to get the word out about the Bella services ASAP and let Bella corporate
and the legal team help as many homeowners as they can.

BELLA BACKGROUND – Bella Homes, LLC is the result of a collaboration of
some of the best legal minds in the nation and is founded upon the
fundamental principal that FAMILIES, NOT BANKS, SHOULD OWN HOMES.
We proudly stand out as an ethical and legitimate alternative to those
less credible companies whose predatory tactics do nothing but exploit
the homeowner’s financial predicament.

Duration : 0:7:52

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How do we generate property leads? Watch and learn… Visit our website here… www.KucanAndClark.com. We help Homeowners, investors and relators stop and avoid foreclosure in San Diego. Whether you are considering Loan Modification, Bankruptcy, or a Short Sale, we can help. No matter your situation or location or type of property you have, even if it needs repairs or it’s upsidedown, you can count on us to give you your best options for stopping foreclosure in San DIego. We never charge a fee and working with us is free. We are cash buyers, will negotiate with your bank, meet the BPO, and take care of escrow and title as well. We also pay a $1000 referral fee if you know of anyone in foreclosure that we help. Visit us at www.howtostopforeclosurepoway.com

Duration : 0:7:14

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To join www.moreinfo.whybellahomes.com PRESENTATION from webinar on 08/01/2011 Contact Pamela Jessie 888.564.5324 for questions.

The mortgage crisis is at epidemic levels, families are being displaced
left and right. As representatives of Bella, it’s our duty and obligation
to get the word out about the Bella services ASAP and let Bella corporate
and the legal team help as many homeowners as they can.

BELLA BACKGROUND – Bella Homes, LLC is the result of a collaboration of
some of the best legal minds in the nation and is founded upon the
fundamental principal that FAMILIES, NOT BANKS, SHOULD OWN HOMES.
We proudly stand out as an ethical and legitimate alternative to those
less credible companies whose predatory tactics do nothing but exploit
the homeowner’s financial predicament.

Duration : 0:36:18

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Aug
02

Alternatives To Foreclosure

Posted by David G

http://www.GreaterAtlantaShortSaleAgent.com Please visit our blog for more great videos and information that will help you sleep better at night by giving you the facts on avoiding foreclosure in Georgia. I am one of the top short sale agents in the Atlanta area. If you are facing a financial hardship or considering bankruptcy to avoid foreclosure, I can help. http://www.GreaterAtlantaShortSaleAgent.com

Duration : 0:4:43

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Kucan & Clark Partners, LLC helps Homeowners and investors stop and avoid foreclosure in San Diego. Whether you are considering Loan Modification or Bankruptcy, or a Short Sale, we can help. No matter your situation or location or type of property you have, even if it needs repairs, you can count on us to give you your best options for stopping foreclosure in San DIego. We never charge a fee and working with us is free. We are cash buyers, will negotiate with your bank, meet the BPO, and take care of escrow and title as well. We also pay a $1000 referral fee if you know of anyone in foreclosure that we help.

Duration : 0:6:17

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