Archive for February, 2008

10 ways to save/earn money when facing foreclosure:

Start using coupons for all your shopping
Stop eating out, but if you do eat out, share meals, or order from the dollar menu
Everyone in the family who is old enough to work should help contribute
Get second jobs, or part-time jobs until things get […]

What is the best advice you can give to someone to help them out of foreclosure?

If you want to save your home and avoid foreclosure, there are three steps you need to start with:

1. Stay in contact with your lender(s) and don’t avoid their calls
Discuss a possible forbearance agreement or loan modification. You will also want to contact other lenders to see if you still qualify for a loan. (do […]

What is a Hard Money Loan, or a Private Money Loan? Can it get me out of foreclosure?

Many foreclosure victims and foreclosure investors ask this question. They want to know how a hard money loan can help them get funding for a foreclosure property. This is a subject that has been poorly explained in the past by the “foreclosure guru’s” (AKA: Scumbags) that put on the foreclosure investment seminars. (90% crap and […]

Work out a payment plan with your lender and stop foreclosure before it’s too late

First of all, let’s set the record straight:
Your lender does not want to foreclose on your home.
At ForeclosureFish, I receive phone calls every day from homeowners who are certain their bank is trying to foreclose on them because they want to sell their home, steal their equity, and earn a large profit.
The fact is, banks […]

Legal Foreclosure “Loopholes” - Steps your lender may have missed

It’s not uncommon to see banks and lenders miss important steps in the foreclosure process. If your lender made a mistake, it might just save your home. Here is a list of the most common mistakes we see from lenders today:
·  Lost Payments. Sometimes payments should have been applied to your account, but the lender […]

Can I stay in my home during foreclosure?

Your Right to Stay in Your Home During Foreclosure Proceedings
During the period for reinstatement and redemption, you generally have the right to remain in the home. An exception occurs where the mortgagee bank is authorized by the terms of the mortgage or other agreement to have “possession” and the bank can show good cause why […]

How can I save my house from foreclosure?

Your Options Once Your House is in Foreclosure
Once the house is in foreclosure, you should decide if you have the ability keep the house or if you will be forced to give up the house. You have to examine your finances and make a realistic assessment of your income and expenses to determine if keeping […]

How does a short sale work in foreclosure?

When you are facing foreclosure and you have tried everything to save your home, but you still can’t find a way to keep your home, you may want to consider selling your home. It’s unfortunate, but sometimes you have to step back and think about what is best for you and your family. Losing your […]

A Painfull Reality - Facing Foreclosure and Finding a Solution

It’s never easy to face defeat, that’s why so many foreclosure victims wait until the last minute to ask for help. They think “if we can just make it through this month, things will be ok”, or maybe they think that if they put it off, a solution will somehow present itself. Whatever the thought […]

Need Foreclosure Assistance or Help to Stop Foreclosure?

Many people just like you are looking for assistance to stop foreclosure, but everywhere they go, they just get turned down, or someone tries to scam them. It seems real foreclosure assistance is hard to come by. Everyday, in almost every newspaper across the country you can read about the foreclosure rates growing higher and […]