Foreclosure Preventer

Why does it appear that people complain more about president Obama rather than when Bush was in office?

Admin — Tue, 25 Jan 2011 08:43:33 +0000

Here’s a (incomplete) list of things that Obama has changed so far:

-Reversed restrictions on stem cell research
-Appointed an assistant to the president for science and technology policy
-Created a foreclosure prevention fund for homeowners
-Expanded loan programs for small businesses
-Extended and indexed the 2007 Alternative Minimum Tax patch
-Expanded eligibility for State Children’s Health Insurance Fund (SCHIP)
-Expanded funding to train primary care providers and public health practitioners
-Directed military leaders to end war in Iraq
-Sent two additional brigades to Afghanistan
-As promised gave a speech at a major Islamic forum in the first 100 days of his administration
-Granted Americans unrestricted rights to visit family and send money to Cuba
-Restored funding for the Byrne Justice Assistance Grant (Byrne/JAG) program
-Released presidential records
-Now requires new hires to sign a form affirming their hiring was not due to political affiliation or contribution.
-Pushed for enactment of Matthew Shepard Act, which expands hate crime law to include sexual orientation-and other factors
-Created White House Office on Urban Policy
-Supported increased funding for the NEA
-Funded a major expansion of AmeriCorps
-Worked to overturn Ledbetter vs. Goodyear
-Banned lobbyist gifts to executive employees
-Pledged to weatherize 1 million homes per year
-Invested in all types of alternative energy
-Enacted tax credit for consumers for plug-in hybrid cars
-Provided grants to encourage energy-efficient building codes
-As promised appointed at least one Republican to the cabinet
-Extended unemployment insurance benefits and temporarily suspended taxes on these benefits.

Bush on the other hand:
-Boosting Aid to Africa Threefold
-Preventing a Nuclear War Between India and Pakistan
-Taking Down the A.Q. Khan Nuclear Proliferation Network
-Getting Libya To Give Up Its WMD Programs And Renounce Terrorism
-Turning Independent-Minded India Into a Strategic Ally
-After a Rough Start, Sticking To a Pragmatic China Policy
-Getting North Korea To Shut Down Its Nuclear Reactor (Eventually)
-Decapitating Al Qaeda’s Top Leadership And Not Having a 2nd 9/11
-Giving Immigration Reform The Old College Try
-Challenging His Party On Harmful Ag Subsidies While Pushing Free Trade

Obama has had 2 years so far.
Bush had 8.

Can someone please explain.

Is this a result of covertly done racism? I’m not black or white so don’t even pull the racist card. I’m an educated American.
This is not an implication of racism just a simple question. Questions are meant to be answered not argued. If you can’t answer it then don’t!

It appears to be the opposite to me
there were many more complaints and criticisms of Bush than Obama. They were much more vicious too.
Where were you form 2000-2007?

how to stop a foreclosure without filing bankruptcy?

Admin — Thu, 20 Jan 2011 07:32:11 +0000

I have been out of work and start a new job on monday, but the mortage company says that i cannot make any payments or a 2,000.00 down payment untill i have a job and next month i will but next month it will go up higher and i just dont understand why they will not take any payment now even if i am not working untill next month.

fIRST, i THINK that is BS. They cant stop youfrom making a payment.

Second, to answer your question.

A couple of gallons of gas and a book of matches should do the trick.

Why don’t banks drop the value of the house to stop the Foreclosure problem?

Admin — Wed, 19 Jan 2011 03:42:11 +0000

Many homeowners are underwater (owing more than the house is worth). Most of these homeowners would stay in the house and continue paying their mortgage IF the bank would lower the value of the house. BUT the bank would sooner foreclose on the homeowner, drop the house value and sell it again at the lower value but never to the original homeowner. Can someone make sense out of this stupidity.
I don’t see why responders don’t see that the ONLY solution to the housing crisis is to stop the foreclosures as quickly as possible.

You seem to have forgotten the simple fact that the bank gave the homeowners cash money to buy the house. The house has been purchased, the mortgage is not buying the house, it is repaying a cash loan. This is not stupid, as you are the one over looking the fact that the bank already gave the homeowners money. Loans are repaid based on the amount borrowed, not the present value of the item purchased.

How can I stop a foreclosure on my house?

Admin — Tue, 18 Jan 2011 00:59:25 +0000

Is chapter 13 the only way?

No, chapter 13 bankruptcy is not the only option. Here is a pretty good website about avoiding foreclosure. It has info about foreclosure lending scams, foreclosure timeline, some step-by-step things you can do to stop foreclosure, and some advice on how to delay the eviction process after a foreclosure sale:

http://how2avoidforeclosure.blogspot.com

_____________________

If past due mortgage amount is paid, does foreclosure stop?

Admin — Sun, 16 Jan 2011 17:03:08 +0000

My boyfriend’s house is currently in foreclosure. He is six months behind on payments. The sale date is two months away. If he can come up with the past due amount and pay it to the lender, will the foreclosure go away?

That is up to the lender, but usually the would welcome having a loan brought up to date. He will probably have to pay late fees, legal fees and additional interest.
He should call them pronto to work this out.

How can I stop foreclosure without paying a realtor or a attorney any fees in San Diego any mediation services?

Admin — Sat, 15 Jan 2011 10:55:04 +0000

Mediation isn’t going to help. You already have their money, they are just wanting it back, like you agreed. The only way to stop them from foreclosing is to remove their money from your wallet and give it back to them.

does any one know a company that will help stop foreclosure in California?

Admin — Fri, 14 Jan 2011 03:43:53 +0000

my sister has missed her house payment for a few months now because my brother in-law lost his job but she wants to save her house what should she do? or is there a company that can help? she needs to come up on $5,0000 with in 30 days

5k is not very much, a garage sale, maybe sell the boat and she will be all set.

She needs to call the bank, but I doubt she is in foreclosure yet.

Should I pay my lenders lawyer to stop foreclosure or can i find a CHEAPER lawyer to stop it?

Admin — Wed, 12 Jan 2011 22:51:05 +0000

Your question makes no sense.

Your lenders lawyer represents the lender, not you.

I need legitimate help to stop foreclosure. I do not know where to turn!!!!!!!?

Admin — Tue, 11 Jan 2011 19:04:07 +0000

I am in Fl. foreclosure intent was filed 12/10/07. I still have some time to try to stop it. I looked online there is so many companies claiming to help. I am very afraid.

I’m sorry to hear about your situation.

As a person who tried being a "Foreclosure Consultant" many years ago, the first thing I would say is stay away from them. I quit doing it because I could not take $300-$500 dollars from someone who was about to lose their home. And basically all they do is call up the lender and try to negotiate a deal with the cash you have on hand a then a minimum payment for a set period of time. And you can do this on your own. This is a long process and you are going to run into some rude people, but if you’re persistent (and willing to make your payments) you should be successful.

1st step: Understand the mortgage company probably doesn’t want your house. Mortgage companies are in the business of lending money not buying and selling houses.

2nd step: Call them and talk to them. Let them know you do not want to lose your home and you want to work with them to get your account current.

3rd step: Get all the cash together you can. Sell anything you can sell, borrow from any friend or family member you can borrow from. Plan on eating bologna sandwiches 3 meals a day until you are caught up.

4th step: Call the mortgage company again and say "I have x amount of cash that I can send right now and then I can make this much extra on my payment each month until I’m caught up, is that acceptable?" If they say no, then ask them what kind of deal can be worked out. If the person you are speaking to says the only alternative is to bring your balance up to date then ask to speak to their supervisor. They will try to not let you do that, but be NICE and PERSISTENT, because they have to let you.

5th step: Whatever arrangements you make… keep them. If you agreed to pay your mortgage plus 10% every month until you are caught up, you better keep your promise.

6th step Be prepared to make sacrifices in your standard and style of living. Not to be harsh, but if your behind in your mortgage payments you are living above your means. And if you want to keep your home you need to live below your means. That could mean, selling your car to get rid of that monthly payment and buying a $1000 car to get you from point A to point B. That could me selling your big screen TV and Home theater system for half what it’s worth. It could mean no more eating at restaurants (even McDonald’s; for the price of a value meal, you can buy a package of bologna and a loaf of bread and have several meals), could mean canceling your cable or dish service. Canceling your cell phone and/or internet service. Basically get rid of all monthly payments that you can get rid of. Also if you have credit cards… use the money you you would pay on those and apply it towards your mortgage. If you don’t make a credit card payment they don’t let you use your credit card, if you don’t make a house payment you don’t have a place to live. Call your electric and gas company and ask to be put on a budget.

If you’re not willing to do those type of things to keep your home, then you probably deserve to have it foreclosed.

How to stop a foreclosure?

Admin — Mon, 10 Jan 2011 17:00:15 +0000

I was diagnosised with cancer in April of this year and have to undergo to different surgeries thus causing me to lose my income. Due to the excessive medical bills we are currently behind on our mortage payments and are facing a possible foreclosure. Is there anyway to keep our home and be able to get our payments back on track? We are finally getting back on track but still cannot make the back payments. We are still living on my husbands income alone. Help!!! I have no idea what to do or where to go for assistance. We have 3 children and do not want to lose our home. I have checked here locally for assistance and have come up with nothing. Any suggestions would be helpful. Thanks and God Bless!

In order for your lender to be of some help to you, the situation that cause or is causing you to be in foreclsoure has to have changed.

In order for your lender to be of help to you you need to call them and explain your situation to them. Ask if they can be of any help to you so as not to lose you home.

Ask them for a forebearance agreement. This agreement will basically call for you to make the back payments up in small monthly payments at a payment you can do in addition to your regular monthly payments.

This agreement can last from 24 months to some where around 48 months. Make the best deal you can so you can afford the two payments that you will be required to make.

It will be sort of like you now having two (2)mortgages

They might also have other programs for you to consider, so make sure you ask if there are others. If you don’t get the response you want from the first person you speak with ask for a manager. Failing to reach an agreement with a manager ask for a supersvisor.

You have to remember the mortgage company does not want your house. They are in the business of lending money not managing or selling houses. They already know you and would rather keep you as a client. Keep asking for someone until they agree to make an arrangement with you.

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

"FIGHT ON"