Comments for Stop Foreclosure Tips http://stopforeclosuretips.info Free Information on How to Stop Foreclosure Sun, 18 Jul 2010 19:43:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on How To Remove Nail Polish On The Rug by Indianapolis real estate foclosures http://stopforeclosuretips.info/how-to-remove-nail-polish-on-the-rug/comment-page-1#comment-666 Indianapolis real estate foclosures Sun, 18 Jul 2010 19:43:41 +0000 http://stopforeclosuretips.info/how-to-remove-nail-polish-on-the-rug#comment-666 Indianapolis has one of the highest forclosure rates in the Nation. There are deals to won in Indianapolis Indiana. Forclosures can be prevented by doing a short sale, or negotiating with your mortgage company. A short sale will typicaly take sixty to nintey days to finalize. It is important to enusre that all parties are aware that the process can lenghty. Short sales are definitly something to persue if you have the time. A forclosure is typicaly owned by the bank. If you have questions regarding short sales or forclosures, please inquire. Indianapolis has one of the highest forclosure rates in the Nation. There are deals to won in Indianapolis Indiana. Forclosures can be prevented by doing a short sale, or negotiating with your mortgage company. A short sale will typicaly take sixty to nintey days to finalize. It is important to enusre that all parties are aware that the process can lenghty. Short sales are definitly something to persue if you have the time. A forclosure is typicaly owned by the bank. If you have questions regarding short sales or forclosures, please inquire.

]]> Comment on Stop Foreclosure Now The Complete Guide – Save Your Home by Y.L.D. http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving/comment-page-1#comment-623 Y.L.D. Wed, 02 Jun 2010 00:00:00 +0000 http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving#comment-623 A pure gem of wisdom, knowledge and power<br>Rating:5 out of 5 stars<br>As a principle, I stay far away from self help and you-can-do-it-yourself books, because more often than not, their authors seem to have the secret ambition of turning clueless reader/user into experts on their subject matters. Mr. Segal's book does not supply the reader with needless information on foreclosure, short sales and related matters: it simply provides very straightforward answers to all the fundamental questions the distressed homeowner actually has and to which he/she is seeking concrete answers to get out of a difficult situation. Plain and simple. <br />. <br />What more, the book is remarkably clearly written, and structured in such a way that the user/reader does not spend a minute agonizing over where to start, what chapters to read, or what information could be relevant given his or her particular circumstances. This book is in fact very results-oriented, and explores right from the start different viable solutions; from there, the reader/user is then guided through his or her solution, or best alternative option very steadfastly by the author. In that regard, I have to admire Mr. Segal's great ability to navigate the reader/user through a complex situation with surprisingly simple solutions, and his ability to put himself in the shoes of a distressed homeowner. Truly amazing! <br /> <br />Now. I came across, and bought this book when was entangled in a seemingly dead end situation: I had tried - rather very unsuccessfully-- to sell my house on which I owed more than the current market value, from 2 different lenders; my real estate agent, and real estate lawyer had both given up on my case; I felt trapped, and I was angered by the situation. When they let me down, I freezed, and was basically waiting for doom to loom on me. " Stop Foreclosure Now. Save your house if you can; save your credit if you can't" did not merely give me hope to find a way out. It actually empowered me overnight to take charge of my situation, by equipping me with the knowledge, tools, and information needed to engage with lenders and people in the real estate community in an intelligible and articulated manner about my case. Indeed, as a read the book, I could see myself evolving from a state of desperation and disempowerment to a state of mind where I could see new opportunities emerging from my obviously desparate situation. In that respect, one of the key lessons of the book, from a homeowner's perspective is Mr' Segal's take that foreclosure is not the end of it all; as a matter of fact, it could actually be the best thing happening to a homeowner seeking a fresh beginning in homeownership. <br /> <br />I wholeheartedly recommend this book to anyone, -- distressed homeowner or not -- who wants to engage intelligibly with lenders, or real estate folks on a foreclosure case, and work out a viable solution for herself or himself. Given the current real estate market, this book is simply a gem of wisdom, knowledge and power. <br /> A pure gem of wisdom, knowledge and power
Rating:5 out of 5 stars
As a principle, I stay far away from self help and you-can-do-it-yourself books, because more often than not, their authors seem to have the secret ambition of turning clueless reader/user into experts on their subject matters. Mr. Segal’s book does not supply the reader with needless information on foreclosure, short sales and related matters: it simply provides very straightforward answers to all the fundamental questions the distressed homeowner actually has and to which he/she is seeking concrete answers to get out of a difficult situation. Plain and simple.

.

What more, the book is remarkably clearly written, and structured in such a way that the user/reader does not spend a minute agonizing over where to start, what chapters to read, or what information could be relevant given his or her particular circumstances. This book is in fact very results-oriented, and explores right from the start different viable solutions; from there, the reader/user is then guided through his or her solution, or best alternative option very steadfastly by the author. In that regard, I have to admire Mr. Segal’s great ability to navigate the reader/user through a complex situation with surprisingly simple solutions, and his ability to put himself in the shoes of a distressed homeowner. Truly amazing!

Now. I came across, and bought this book when was entangled in a seemingly dead end situation: I had tried – rather very unsuccessfully– to sell my house on which I owed more than the current market value, from 2 different lenders; my real estate agent, and real estate lawyer had both given up on my case; I felt trapped, and I was angered by the situation. When they let me down, I freezed, and was basically waiting for doom to loom on me. ” Stop Foreclosure Now. Save your house if you can; save your credit if you can’t” did not merely give me hope to find a way out. It actually empowered me overnight to take charge of my situation, by equipping me with the knowledge, tools, and information needed to engage with lenders and people in the real estate community in an intelligible and articulated manner about my case. Indeed, as a read the book, I could see myself evolving from a state of desperation and disempowerment to a state of mind where I could see new opportunities emerging from my obviously desparate situation. In that respect, one of the key lessons of the book, from a homeowner’s perspective is Mr’ Segal’s take that foreclosure is not the end of it all; as a matter of fact, it could actually be the best thing happening to a homeowner seeking a fresh beginning in homeownership.

I wholeheartedly recommend this book to anyone, — distressed homeowner or not — who wants to engage intelligibly with lenders, or real estate folks on a foreclosure case, and work out a viable solution for herself or himself. Given the current real estate market, this book is simply a gem of wisdom, knowledge and power.

]]> Comment on Stop Foreclosure Now The Complete Guide – Save Your Home by Howard M. Gordon http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving/comment-page-1#comment-618 Howard M. Gordon Tue, 01 Jun 2010 00:00:00 +0000 http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving#comment-618 Reducing the stress of dealing with foreclosure...<br>Rating:5 out of 5 stars<br>"With STOP FORECLOSURE NOW, author Lloyd Segal has done a HUGE favor for many of us homeowners who have to face the very real intimidating and frightening process of coping with such financial difficulties. By simplifying and demystifying many of the steps involved, Mr. Segal has given us access to the knowledge and the ways and means necessary to better protect our families and our properties. <br /> It's a very important intermediate step before having to seek and pay for professional help! <br /> <br />Thank-you, <br /> <br />Howard Gordon" Reducing the stress of dealing with foreclosure…
Rating:5 out of 5 stars
“With STOP FORECLOSURE NOW, author Lloyd Segal has done a HUGE favor for many of us homeowners who have to face the very real intimidating and frightening process of coping with such financial difficulties. By simplifying and demystifying many of the steps involved, Mr. Segal has given us access to the knowledge and the ways and means necessary to better protect our families and our properties.

It’s a very important intermediate step before having to seek and pay for professional help!

Thank-you,

Howard Gordon”

]]> Comment on Stop Foreclosure Now The Complete Guide – Save Your Home by J. Mills http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving/comment-page-1#comment-611 J. Mills Fri, 28 May 2010 00:00:00 +0000 http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving#comment-611 Stop Foreclosure Now<br>Rating:5 out of 5 stars<br>I've read lots of real estate books over the years, but "Stop Foreclosure Now" is one of the best. Plus, you don't have to be in foreclosure to appreciate its contents. For example, I'm a real estate investor, but still found it valuable. The book is divided into five sections. The first section covers promissory notes, mortgages, and deeds of trust. The second section differentiates between judicial and non-judicial foreclosure and describes the procedures for each. The third section describes various strategies homeowners can utilize to stop the foreclosure and save their homes. The fourth section, which was particularly helpful to me. Describes the specific foreclosure procedures in each of the 50 states. It includes a nifty map of each states and that state's website (which you can access for updates on foreclosure laws). The final section contains a glossary of commonly used real estate terms. This book is a valuable new addition to my real estate library, and I highly recommend it for anyone wanting to learn more about foreclosure. <br /> <br />Jim Mills <br />Manhattan Beach, CA <br /> Stop Foreclosure Now
Rating:5 out of 5 stars
I’ve read lots of real estate books over the years, but “Stop Foreclosure Now” is one of the best. Plus, you don’t have to be in foreclosure to appreciate its contents. For example, I’m a real estate investor, but still found it valuable. The book is divided into five sections. The first section covers promissory notes, mortgages, and deeds of trust. The second section differentiates between judicial and non-judicial foreclosure and describes the procedures for each. The third section describes various strategies homeowners can utilize to stop the foreclosure and save their homes. The fourth section, which was particularly helpful to me. Describes the specific foreclosure procedures in each of the 50 states. It includes a nifty map of each states and that state’s website (which you can access for updates on foreclosure laws). The final section contains a glossary of commonly used real estate terms. This book is a valuable new addition to my real estate library, and I highly recommend it for anyone wanting to learn more about foreclosure.

Jim Mills

Manhattan Beach, CA

]]> Comment on Stop Foreclosure Now The Complete Guide – Save Your Home by TheCashProvided.com http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving/comment-page-1#comment-588 TheCashProvided.com Sun, 16 May 2010 00:00:00 +0000 http://stopforeclosuretips.info/stop-foreclosure-now-the-complete-guide-to-saving#comment-588 Whether you need it or not... read it!<br>Rating:5 out of 5 stars<br>So many of us never prepare for things like this. Reading this book will give some insight that you may be able to share with someone close to you later on. <br /> <br />You may NEVER need the information you learn but, it is WELL worth having the knowledge anyway! <br /> <br />[...] Whether you need it or not… read it!
Rating:5 out of 5 stars
So many of us never prepare for things like this. Reading this book will give some insight that you may be able to share with someone close to you later on.

You may NEVER need the information you learn but, it is WELL worth having the knowledge anyway!

[...]

]]> Comment on Stop Foreclosure Immediately – 5 Ways to Stop Foreclosure by Erin Låna http://stopforeclosuretips.info/5-ways-to-stop-foreclosure-immediately-dont-let-the-bank-destroy-your-family/comment-page-1#comment-566 Erin Låna Wed, 28 Apr 2010 06:30:13 +0000 http://stopforeclosuretips.info/5-ways-to-stop-foreclosure-immediately-dont-let-the-bank-destroy-your-family#comment-566 By the way what is loan modification process and how important is it? Indeed foreclosure is a big problem and brings out all the fear that you may feel in losing your home. By the way what is loan modification process and how important is it? Indeed foreclosure is a big problem and brings out all the fear that you may feel in losing your home.

]]> Comment on If I Can Pay My Back Mortgage Owed & Late Fees Will that Stop Foreclosure? by Thomas W http://stopforeclosuretips.info/if-i-am-late-on-my-mortgage-for-two-months-and-they-start-foreclosure-can-i-catch-up-to-stop-foreclosure/comment-page-1#comment-548 Thomas W Tue, 20 Apr 2010 10:34:04 +0000 http://stopforeclosuretips.info/if-i-am-late-on-my-mortgage-for-two-months-and-they-start-foreclosure-can-i-catch-up-to-stop-foreclosure#comment-548 Absolutely! Immediately contact your mortgage company! Communication with them is everything. They do not want your house. But, do not delay, if they start the foreclosure process it is harder to stop. Absolutely! Immediately contact your mortgage company! Communication with them is everything. They do not want your house. But, do not delay, if they start the foreclosure process it is harder to stop.

]]> Comment on Can you stop foreclosure after foreclosure date has been set? by foreclosurefish_com http://stopforeclosuretips.info/can-you-stop-foreclosure-on-a-house-after-the-foreclosing-date-has-been-set/comment-page-1#comment-540 foreclosurefish_com Tue, 20 Apr 2010 02:47:35 +0000 http://stopforeclosuretips.info/can-you-stop-foreclosure-on-a-house-after-the-foreclosing-date-has-been-set#comment-540 He can still stop the foreclosure at pretty much any time up until the date of the sheriff sale. If that's the date you are talking about for the "foreclosing date," then he still has some time, but needs to get something together quickly. The bank won't accept just a regular payment right now, or a partial payment. They'll probably want the entire amount that is behind right now, or they'll want to work out some sort of repayment plan with the owner. Call the lender to find out exactly what plans they can offer and how much money he'll have to fork out to them. But, if they don't accept a payment plan, there are a few other ways to stop the foreclosure date. First, he can simply file Chapter 13 bankruptcy. That puts all creditor collection efforts on hold while the debt is being dealt with by the court system. It can stop a sheriff sale the day before the sale, and might work as a last-ditch effort. Not the most preferable way to stop foreclosure, but homeowners should keep it in mind. Second, just paying back the entire amount behind will get the mortgage reinstated. It will bring the status of the loan back to "current," and end the foreclosure process. If there are no arrears, and no part of the loan is in default, the bank can not continue foreclosing. Last, going into court and asking the judge to order the lender to try to work something out is always a solution. So few homeowners take up this opportunity, though, simply due to fear of the legal system. But the judge can order the bank to consider a repayment plan, or offer some other resolutions besides going straight through with the foreclosure process. The judge can also put a hold on the sheriff sale, since he is the one ordering the sale in the first place. Foreclosure is never inevitable once it starts. Just take advantage of what's available and make sure the relative can make the payments on time again. Good luck. ForeclosureFish He can still stop the foreclosure at pretty much any time up until the date of the sheriff sale. If that’s the date you are talking about for the “foreclosing date,” then he still has some time, but needs to get something together quickly.

The bank won’t accept just a regular payment right now, or a partial payment. They’ll probably want the entire amount that is behind right now, or they’ll want to work out some sort of repayment plan with the owner. Call the lender to find out exactly what plans they can offer and how much money he’ll have to fork out to them.

But, if they don’t accept a payment plan, there are a few other ways to stop the foreclosure date.

First, he can simply file Chapter 13 bankruptcy. That puts all creditor collection efforts on hold while the debt is being dealt with by the court system. It can stop a sheriff sale the day before the sale, and might work as a last-ditch effort. Not the most preferable way to stop foreclosure, but homeowners should keep it in mind.

Second, just paying back the entire amount behind will get the mortgage reinstated. It will bring the status of the loan back to “current,” and end the foreclosure process. If there are no arrears, and no part of the loan is in default, the bank can not continue foreclosing.

Last, going into court and asking the judge to order the lender to try to work something out is always a solution. So few homeowners take up this opportunity, though, simply due to fear of the legal system. But the judge can order the bank to consider a repayment plan, or offer some other resolutions besides going straight through with the foreclosure process. The judge can also put a hold on the sheriff sale, since he is the one ordering the sale in the first place.

Foreclosure is never inevitable once it starts. Just take advantage of what’s available and make sure the relative can make the payments on time again.

Good luck.
ForeclosureFish

]]> Comment on If I Can Pay My Back Mortgage Owed & Late Fees Will that Stop Foreclosure? by loanmasterone http://stopforeclosuretips.info/if-i-am-late-on-my-mortgage-for-two-months-and-they-start-foreclosure-can-i-catch-up-to-stop-foreclosure/comment-page-1#comment-547 loanmasterone Mon, 19 Apr 2010 05:42:22 +0000 http://stopforeclosuretips.info/if-i-am-late-on-my-mortgage-for-two-months-and-they-start-foreclosure-can-i-catch-up-to-stop-foreclosure#comment-547 The decision to decide when to foreclose on a property is determined by the bank/lender. Each have their own time frame. Some will start the foreclosure procedure after you being one month delinquent, while others will start the foreclosure after missing as many as 6-12 months. You should call your lender and explain to them that you will be late and why you will be late. Between the two of you, you might work out a plan where you can make 1/2 a payment for a certain number of months or some type of program that might add your missed payments to the end of your mortgage. There are several things that might happen, but unless you communicate your capabilities to your lender they will never know your plans or what you can do to maintain your monthly mortgage payments. If your property do go into foreclosure and you are able to make up the back payments to include any fees charged, that will end the foreclosure procedure against you. I hope this has been of some use to you, good luck. "FIGHT ON" The decision to decide when to foreclose on a property is determined by the bank/lender. Each have their own time frame.

Some will start the foreclosure procedure after you being one month delinquent, while others will start the foreclosure after missing as many as 6-12 months.

You should call your lender and explain to them that you will be late and why you will be late. Between the two of you, you might work out a plan where you can make 1/2 a payment for a certain number of months or some type of program that might add your missed payments to the end of your mortgage.

There are several things that might happen, but unless you communicate your capabilities to your lender they will never know your plans or what you can do to maintain your monthly mortgage payments.

If your property do go into foreclosure and you are able to make up the back payments to include any fees charged, that will end the foreclosure procedure against you.

I hope this has been of some use to you, good luck.

“FIGHT ON”

]]> Comment on Can you stop foreclosure after foreclosure date has been set? by Mary B http://stopforeclosuretips.info/can-you-stop-foreclosure-on-a-house-after-the-foreclosing-date-has-been-set/comment-page-1#comment-539 Mary B Fri, 16 Apr 2010 23:40:11 +0000 http://stopforeclosuretips.info/can-you-stop-foreclosure-on-a-house-after-the-foreclosing-date-has-been-set#comment-539 Well, your relative is pulling your leg. No bank forecloses on a property if you have just missed a couple of payments...he had to have not paid for 4 or 5 MONTHS before they would have foreclosed. What did he do about his electric/water/gas/cable bills while he was gone? That is why internet banking was invented. Since the date has been set, the foreclosure process CANNOT always be stopped. Now he has to contact the Trustee, which is the attorney that is handling the foreclosure. The Trustee will come up with a "payup" that will include not only the back payments, but all legal fees associated with the foreclosure. Even IF your relative has the money, the Trustee will also demand evidence that your relative has the financial ability to continue the payments through employment or asset verification...and if in the Trustee's SOLE opinion, if your relative cannot, the foreclosure CAN CONTINUE as scheduled. Once the process gets so far, it is not always reversable. Well, your relative is pulling your leg.

No bank forecloses on a property if you have just missed a couple of payments…he had to have not paid for 4 or 5 MONTHS before they would have foreclosed.

What did he do about his electric/water/gas/cable bills while he was gone? That is why internet banking was invented.

Since the date has been set, the foreclosure process CANNOT always be stopped. Now he has to contact the Trustee, which is the attorney that is handling the foreclosure. The Trustee will come up with a “payup” that will include not only the back payments, but all legal fees associated with the foreclosure.

Even IF your relative has the money, the Trustee will also demand evidence that your relative has the financial ability to continue the payments through employment or asset verification…and if in the Trustee’s SOLE opinion, if your relative cannot, the foreclosure CAN CONTINUE as scheduled.

Once the process gets so far, it is not always reversable.

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