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1st Foreclosure Prevention Blog


Archive for the ‘Alternatives to suffering Foreclosure’ Category

December 19th, 2009

Stop Foreclosure

If you are heading towards foreclosure, the last thing that you want to do is to ignore the problem. The problem will not go away if you avoid phone calls. However, trying to deal with your mortgage company can be very difficult if you try to do this on your own. Chances [...]

posted by admin at 8:52 pm
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Loan modification specialist, Saving your home from Foreclosure, foreclosure, loss-mitigation |  | 

December 12th, 2009

What 1st Foreclosure Prevention Does?

1st Foreclosure Prevention works to help homeowners stop foreclosure, usually by modifying their loans so that they can afford to make their monthly payments. The first step is to give a free foreclosure consultation to the borrower. This examines the amount of money that is due on the property, the worth of the [...]

posted by admin at 6:48 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Dealing with lenders, Loan modification specialist, Mortgage Mitigation, Mortgage help, Saving your home from Foreclosure, Short Sale, foreclosure, foreclosure mitigation, loss-mitigation |  | 

December 2nd, 2009

A Loan Modification Program can Stop Foreclosure

When you are looking for a way out from foreclosure, look no further than a Loan Modification Program. Many people today are involved in foreclosure or at risk of foreclosure while facing it with a lack of the needed knowledge to stop foreclosure from happening to them. A loan modification program can provide [...]

posted by admin at 4:06 am
No Comments | Categories: Alternatives to suffering Foreclosure, Foreclosure News, Home Mortgage Mitigation, Loan modification specialist, Making Home Affordable, Mortgage help, foreclosure mitigation, loss-mitigation |  | 

December 2nd, 2009

Upside Down Mortgage

The worst possible scenario of foreclosure is that when the borrower owes more than the property is worth, otherwise known as an upside down mortgage. No one in their right mind wants to deal with foreclosure as it is, little lone this situation. Often times, even after a foreclosure the borrower can be [...]

posted by admin at 4:05 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Dealing with lenders, Foreclosure News, Saving your home from Foreclosure, Underwater Mortgages, federal foreclosure prevention program, foreclosure, laws |  | 

December 2nd, 2009

New York Mortgage Safeguard for Prime Borrowers

Last year New York put in place a law to help protect subprime mortgage borrowers from foreclosure and now they are trying to provide comparable legal safeguards to prime borrowers as well. State legislators passed a bill this month requiring lenders give borrowers a 90-day warning before initiating foreclosure proceedings and requiring that lenders [...]

posted by admin at 4:03 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Foreclosure News, Mortgage Mitigation, Mortgage help, New York Foreclosure, federal foreclosure prevention program, foreclosure, laws |  | 

December 2nd, 2009

Obama’s Administration Fighting against Foreclosures

Posted today in the Philadelphia Inquirer was Obama’s administration effort to force lenders to aid in the stopping of foreclosures by insisting that lenders do all they can to help borrowers to prevent foreclosures.
This is a portion of the article that can be found in its entirety on The Philadelphia Inquirer. http://www.philly.com/inquirer/business/20091201_Treasury_presses_companies_to_help_prevent_foreclosures.html
“The Treasury [...]

posted by admin at 4:01 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Foreclosure News, federal foreclosure prevention program, foreclosure |  | 

December 2nd, 2009

Reverend Jesse Jackson helps homeowner save their home

Reverend Jesse Jackson came to the aid of a Toledo homeowner, Kim Bowers in dealing with her lenders to come up with a reasonable solution to foreclosure. In the works is a Toledo program to help prevent foreclosure for homeowners at risk – Save a Home – sponsored by the NAACP. The NAACP [...]

posted by admin at 3:59 am
No Comments | Categories: Alternatives to suffering Foreclosure, Foreclosure News, Ohio Foreclosure, Saving your home from Foreclosure, foreclosure, foreclosure mitigation |  | 

November 25th, 2009

Preventing Foreclosure

For those who are in danger of foreclosure, whose mortgage is more than their home is worth, or are experiencing financial difficulties can get relief through loss mitigation. Loss mitigation can help a homeowner stop foreclosure and even stay in their home through a loan modification.
Loan modification can work to help a [...]

posted by admin at 3:31 am
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Dealing with lenders, Loan modification specialist, Mortgage Mitigation, Mortgage help, Saving your home from Foreclosure, foreclosure, foreclosure mitigation, loss-mitigation |  | 

November 18th, 2009

Loss Mitigation – Benefits both the Homeowner and Lender

Due to the increasing number of real estate foreclosures, those who have invested in real estate through either purchasing a family home or investing in a homeowner are losing on their potential return. In order to prevent total loss, mortgage investors are still willing to put money into their investments, just not near as [...]

posted by admin at 3:26 am
No Comments | Categories: Alternatives to suffering Foreclosure, Dealing with lenders, Loan modification specialist, Mortgage Mitigation, Mortgage help, Saving your home from Foreclosure, loss-mitigation |  | 

November 14th, 2009

What to do When Your Mortgage Payments Have you Spinning Out Of Control

When your financial situation becomes a problem, everything in your life can feel like it is spinning out of control, like any minute your complete world is going to come tumbling down. It’s terrifying to say the least for a single person to deal with, and beyond anything imaginable if there is family to [...]

posted by admin at 10:22 pm
No Comments | Categories: Alternatives to suffering Foreclosure, Avoid Foreclosure, Dealing with lenders, Home Mortgage Mitigation, Loan modification specialist, Mortgage Mitigation, Mortgage help, Saving your home from Foreclosure, foreclosure, foreclosure mitigation, loss-mitigation |  | 

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