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TO GET YOUR COPY OF THE 83 PAGE EBOOK ENTITLED " PERSONAL FINANCE" PLEASE SCROLL TO BOTTOM OF THIS PAGE. BUT FIRST..... Be prepared to instantly have your mind set at ease when you grasp and...
Uncover the Startling Dangers of a Foreclosure
that Could Cost You More than Your Home and the
Tactics Necessary to Stop, Halt or Delay One
You check your mail and find this
letter. Borrower Name Re: Loan # Property address Dear Borrower: You have fallen behind on your mortgage payments. You must bring the mortgage current within 30 days of the date of this letter by sending the amount shown below to [company name} in the form of a money order or certified check. The total amount due as of [date] is $___________. To bring your account current, you must also include with the above payment, any payments or late charges that are due during this 30-day period. Acceptance of less than the total amount due includes, but is not limited to, the principal and interest and all other outstanding charges and costs. Acceptance of less than the total amount due does not waive our right to demand the entire balance due under the terms of your mortgage agreement. If you do not bring your loan current within 30 days of the date of this letter, [name of company} will demand the entire balance outstanding under the terms of your mortgage agreement. This amount includes, but is not limited to, the principal and interest and all other outstanding charges and costs. [Name of company] will start legal action to foreclose on the mortgage, which will result in the sale of the property. We may also have the right to seek a judgment against you for any deficiency after the home is sold. You have the right to bring your loan current after legal action has begun. You also have the right to assert in the foreclosure proceeding the nonexistence of the default or any other defense to our legal action and sale of the property. We want to work with you to resolve the problem and help you bring your account into good standing. We urge you to contact [name] at [telephone number] who will work with you to try to solve your current difficulty. Sincerely, Well that will sure make your weekend. By J.W. ELPHINSTONE, AP Business Writer1 hour, 22 minutes ago. July 2008. The number of households facing the foreclosure process more than doubled in the second quarter compared to a year ago, according to data released Friday. Nationwide, 739,714 homes received at least one foreclosure-related notice during the quarter, or one in every 171 U.S. households, Irvine, Calif.-based RealtyTrac Inc. said. Soft housing sales, declining home values, tighter lending standards and a sluggish U.S. economy have left strapped homeowners with few options to avoid foreclosure. Many can't find buyers or owe more than their home is worth and can't refinance into an affordable loan. Foreclosure filings increased year-over-year in all but two states, North Dakota and Alaska. Nevada, California, Arizona, and Florida continued to clock in the highest foreclosure rates. One in every 43 Nevada households received a filing during the quarter. Cities in California and Florida accounted for 16 of the worst 20 metro foreclosure rates. Stockton, Calif., had the worst rate, with one in every 25 homes in the town receiving a foreclosure filing. That's nearly seven times the national average. RealtyTrac monitors default notices, auction sale notices and bank repossessions. Banks took back more than 222,000 properties nationwide in the second quarter, the company said. Bank repossessions accounted for 30 percent of total foreclosure activity, up from 24 percent in the previous quarter. Economists estimated 2.5 million homes nationwide will enter the
foreclosure process this year, up from about 1.5 million in 2007. That one major thing you were so excited to acquire and a place to truly call home is now at risk of being taken away and it's got you a little more than worried. You (and potentially a partner) have put yourself on the line -- and something just happened to shake the balance of what was going on in your life. It could have been one of many things that can throw a household off track like losing a job (getting laid off), acquiring more than one's share of hospital bills, losing a loved one, or just allowing the bills to get carried away. It happens to the best of us and we're all human. However, the biggest problem right now is that you're dealing with some sort of loss (shock) in your life and, on top of that, now you're facing the potential of another major loss of something else -- your home! So right now, you're not only in shock, you're in double the shock! There may even be something gnawing away at your stomach and hampering your ability to sleep through the night. Things may be blurry, unsure, and a state of panic may have already set in. It's okay and totally understandable... and there is a reason for this. Right now, you are searching for and assembling information about foreclosure as fast possible. You feel a little overwhelmed by all the data out there, yet you want to feel more certain about your situation. In the meantime, perhaps you are still having some mental turmoil from the other situations that caused this in the first place. There is so much information out there on the Internet to assemble and everyone has a different opinion and you just want a beginner's overview of your choices and options. "Just give it to me in Plain English!" you say. This is why you need a voice of reason and logic to show you that things can be okay -- no matter how dismal you have painted the picture in your mind. And... That's why this will be the most important web page you will read to get you going in the right direction.
"What You Do From This Point It's my belief that what you do from the very moment when you discover the right handbook to properly guide you is when things tend to become more clear and certain. In fact, I'll be surprised if you don't discover that once you find out that things aren't as bad as they seem (and that you may even have the upper hand), the panic will begin to subside, disappear and proper planning shall take place. And look -- you don't have to feel like you're alone in this situation. One online news site predicted that 1.4 million homeowners will be affected by a foreclosure in 2008. CNN then said in April 2008 that "Foreclosures spiked 112% in early 2008 - with no end in sight." And while you are not alone and there is help, time is really of the essence here. Every day that goes by is one more day that you could get right on top of things and make out better than you think. I really need to get this point across to you for the sake of concern. A foreclosure can not only affect your house and your consumer credit, but it could go much DEEPER by stripping your assets, your retirement funds and much, much more. And I know that you don't want this matter to go any deeper than affecting just the state of your home ownership. That's exactly why you must take the appropriate action right now. In fact, taking action right now, and not ignoring the situation, no matter how painful it is, is actually in your best interest. And get this...
There Could Be NO Better Time for a I know... right now, you probably think I have gone and lost my marbles. How could you -- a person in a foreclosure situation -- have any chance of leverage over a powerful bank? Well - that's what you're going to learn about and then laugh once you get to page 10 of the little handbook I'm about to introduce to you. And once you uncover this leverage in the system, that's why it makes even more sense now about what I said about taking action now to contact the right people to stop, halt or stave off a foreclosure situation. You can obviously get a more favorable situation than you think you can and begin on your way to re-building for a stronger future. And now that you've uncovered this, the very next step is painfully obvious. You need to get that overview of the possibilities and then take the next steps toward stopping, staving and even making a foreclosure situation go away with less harm to your credit.
There is a Solution that You must become properly informed as to what your options are. And I mean before ever approaching someone for a paid opinion from either a lawyer or third party for advice. (You could even get advice for free!) You must become aware of the scams people pull to make you believe they really want to help you with your situation. You must know who to contact first and in what order to find the best alternative way to solve the condition, other than foreclosure. You must know what to do to prepare if you just can't keep the house (and you better plan on this one well in advance) Introducing...
Here's some of what you'll learn inside You may be wondering if this beginner's guide to surviving your foreclosure is right for you. Well it is if you are simply worried about your ability to keep up with your current payments...or if you are late making a payment...or your loan is due to reset to a higher payment...or if you are in default...this handbook is for you. Here's a quick overview of what you're about to learn:
Can You Afford to be As you already know from reading the warnings above, the time to act is right now. Another day without action is another day you are deeper in the hole and in threat of credit damaging action by your bank or lending institution. You could easily spend $300 or more for an initial consultation with a lawyer to get briefed about this information. You'll literally save yourself that much by not having to go over that information and know exactly the path you need to take. But it won't cost you that much, nor
For a limited time, you can put your mind at ease with The Foreclosure Survival Handbook for only $12 and become aware of how to deal with a potential foreclosure situation before it's too late and too much damage is caused. Besides the fact that you'll be put at ease for less than a movie and large pepporoni pizza at home for two, you are totally covered by my...
Look at it this way - $12 really is a drop in the bucket compared to the frustration, time and money you can save yourself by having to research and assemble this information. Just because you research the topic doesn't mean you'll find the right information to get you headed in the right direction. With The Foreclosure Survival Handbook -- you'll be heading in the right direction the next 20 minutes! "Okay -- How do I get a hold of this handbook?" Simply click on the Buy Now button to claim your copy of The Foreclosure Survival Handbook right now. Once your credit card is approved, you will be taken to a special download page where you will have instant access to the handbook so you can take the wheel back and
get back in the driver's seat of your current financial
situation.  Purchase Online with a Credit Card or with PayPal by Secure Server INSTANT ACCESS even if it's 2:00 a.m. in the morning Just imagine yourself 20 minutes from now realizing that you have the upper hand in this real estate marketplace and now feel more confident in any type of foreclosure decisions and who you need to contact right away. Go ahead and get yourself on the right track toward resolving this aspect of your life so you can move on. Claim your copy of The Foreclosure Survival Handbook right now so you have it handy as you head in to tackle this situation. You'll not only be relieved that you did it, you'll be happy knowing that this unfortunate matter will soon be behind you. Take care. And please, no matter what you do, please get your situation under control today. I really mean that. Sincerely,
T.Foote
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