Foreclosure support

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Mon, 02 Feb 2009 14:55:00 +0000

This recession is the worst for decades, where are heading next?

Global stock markets are still plunging, people are still losing money, millions have lost their jobs and millions have lost their homes to foreclosure, the banking system is in crisis. Have we seen the worst yet.

It started with a falling dollar, record rise in crude prices, people defaulting on mortgage payments, credit crisis, record forclosures and now the whole global financial system is in shatters.

Hopefully there shouldnt be another depression, everything is getting worse.
Will the governments act right and save the world?

if the governments ensure that the packages of money they give to banks and other institutions are put into their intended use, then we might just avoid being hit by the worst. but if like what caused this whole thing, care is not taken in spending the government packages by the world financial institutions, then kaos may break.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Wed, 28 Jan 2009 17:21:00 +0000

More people trying to save their homes.

Many people in America are now attending foreclosure clinics, educating themselves and discussing with many different experts on how to save their homes. It's alarming to know how many homes are on the verdge of foreclosure.

Many of the people you find at these foreclosure clinics lost their jobs during the recession and are now, unless something is done, are about to lose their homes.

Experts in such places give people advice and help them negotiate a deal with the bank to save their homes.

Please could someone tell me where all the tax payers money that were given to the banks have gone? Things are still not better than the were before the bail out.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Tue, 27 Jan 2009 19:04:00 +0000

The real estate business

Dealing in and building real estate may seem as a slow way to make money to many, (atleast thats what I though also). But with the right knowledge, it is a fast way to make a lot of money. Just take a look at many of todays billionaires, many started with and are still into real estate.

Take a look at Donald Trump, Sheik Muhammed Al Jaber and Berlusconi (the media mogul), they are all big names in the World of business, each of them is a billionaire and they all started building their fortunes on real estate.
There are many millionaires that deal in real estate almost in every city on earth.

Therefore for everyone who is looking forward to increasing his or her income real estate should be a real consideration.

If you try and learn the real estate secrets, you might as well make a million bucks. The good thing is, there are a lot of books, and online information to help you do this. I will have a list of them in my next post.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Wed, 07 Jan 2009 19:37:00 +0000

Decline in real estate and foreclosures signalled the start of the current economic downturn

So is now the time to buy and hold untill the prices rise again?
It's a good practice to buy when prices are low, and wait for them to rise again before you sell. even if you are buying real estate to hold, now is the right time to close in on a big bargain.
Back in november, many people started claiming that the prices of homes are no longer in a free fall, though we continue to see many foreclosures. or may be this are just early signs of consumer/buyer confidence coming back and possibly a recovery. Though the latest figures I saw just before christmas, say the housing prices are still falling.

So if you wanna cash in, what do you do now. Right now, there are a lot of foreclosed properties and many people trying to sell their homes and the only thing that may prevent you from buying right now is the feeling that prices may fall further. Top world economists are not helping things by saying that the only time we should expect any recovery is in the later part of the year.
Later part of the year means atleast 6 months to come, and by what we have seen in the recent past, 6 months is a lot of time for so many things to happen (i.e prices to begin to rise or for them to fall sharply).
So if you are looking to make a quick buck by buying and flipping a house as soon as there is a bounce back in price, then hold on, just dont buy that house yet. Prices may fall again. But if you are looking to make a long term investment by buying and holding a property, then the time is right, you will surely buy at a bargain.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Sun, 12 Oct 2008 20:07:00 +0000

Credit Crisis still hitting on the markets.

American markets are still plunging even after the bailout. Well my opinion is this all needs some time to add up and for consumer and investor confidence to be back up.
Meanwhile I am presently working on a startup business, I dont know if this is the right time but its just coincidental with the economic crisis.

One thing for sure, its becoming more important to be self reliant may be through entreprenuership to avoid putting all your eggs in one basket like an investment portfolio or real estate which as seen recently loses value with this type of economic melt down.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Thu, 04 Sep 2008 21:24:00 +0000

Foreclosure Help.

Since the recent foreclosure crisis, people like homeowners now seek support for foreclosure.
There are many sites for foreclosure listings and many more concerning the housing crunch.
It is surely a bad time for homeowners and reators.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Tue, 30 Jan 2007 19:11:00 +0000

I started blogging back in around june 2005 though I first heard of blogs around ending 2003. but now I have around 10 blogs.
I have a blog on african music and african social networking.
another one on how to prevent being a victim of online scam
many blogs on internet marketing and making money
african social networking and travels afriville
and this blog gets upto 600 visits a day for images keyword search from google

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Thu, 29 Jun 2006 19:25:00 +0000

Foreclosure business is booming in the U.S

I didnt hear it in the news or read it in a mag. But as an internet marketer and from one I am seeing online, I can confidently stand up and say that foreclosure business is booming in the U.S. I see more and more foreclosure businesses springing up online and the good thing about it is that these businesses are prospering.

I have promoted some myself, and I keep seeing new ones comin up. I think the market is not yet competitive but will soon be. It is just a matter of time.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Mon, 26 Jun 2006 21:41:00 +0000

Foreclosure help web site.
I started promoting a foreclosure help business last year, and has now become an established one. I first got the site listed in Yahoo and started acquiring Page rank of the site.
The last time I checked it has a pr of 3.

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Wed, 10 May 2006 19:03:00 +0000

We all know that life is unpredictable, and that circumstances often arise that can prevent you from making your mortgage payments.
Even hard-working people can encounter unforeseen situations which may affect their ability to pay their mortgage in a timely manner. Many issues can be contributing factors such as temporary job loss, medical illness or injury, marital difficulties, unforeseen repairs or high utility rates, tenant problems, or even a death in the family. Just one of these situations can have a direct bearing on making home mortgage payments. If you're 90 days or more behind on your mortgage, contact our foreclosure help center today.
Experienced Senior Loss Mitigation Specialist are now helping homeowners in the United States to save their homes from foreclosure.

There is Help
The ZRO Group has programs designed to help you bring your mortgage payments up-to-date. Using creative all well within the Code of Federal Regulation guidelines, we stop the foreclosure process.
Our Goal is Solely to Assist Homeowners
We have no interest in owning your home or prospering from your misfortune. As professionals who understand the mortgage industry from years of experience, we know how to help you. Put our expertise into action and you could become another one of our countless satisfied clients. Let our caring staff help you! We may have programs to help you possibly pay off what you owe to the bank or lender. This could provide you the time necessary to become financially stable while improving your credit standing. We look forward to assisting you and to helping you achieve your goals. Please call us TODAY for your free consultation!

noreply@blogger.com (African Internet Marketer and Web Enterpreneur) — Wed, 10 May 2006 15:33:00 +0000

Stop Foreclosure with Loss Mitigation Programs

If you want to talk to a loss mitigation specialist about participating in this program please apply online form or call 330.777.0068.

(apply online should be linked to apply online page)

Loss mitigation programs were established by the federal government and the mortgage industry in order to stop home foreclosures. They help foreclosure victims in default on their mortgages to find alternatives to home foreclosure. Every homeowner's situation is unique and each lender has their own policies regarding the use of these programs to stop foreclosure. Our extensive experience and solid working relationships with mortgage lenders allows us help you avoid the common pitfalls that many homeowners encounter while trying to work things out directly with their lender. After performing a thorough assessment of your personal finances and analyzing your lender's loss mitigation policies our professional loss mitigators will negotiate with your lender to get you the best possible solution to your home foreclosure problem. We can help you save your home and credit history through a variety of loss mitigation options:

1. LOAN MODIFICATION
(Available on a very limited number of VA loans with lender and/or investor approval) (Called Recast for FHA)

If you have incurred a long term financial hardship, our office can assist you in supplying the appropriate information to lender to take the appropriate measures to modify the term(s) of your mortgage. This could lower the interest rate and/or extend the term of the loan resulting in lower payments. There are costs and fees associated with a modification that you will be responsible for. All property taxes must be current or you must be participating in an approv! ed payment plan with your taxing authority to be eligible for a modification. Any additional liens or mortgagees must agree to be subordinate to the first mortgage. All requests are subject to your lender's approval.

2. VA LOAN MODIFICATION/REFUNDING
(Available for VA loans only) (Need at least 30 days to process)

A refunding is when the VA buys your loan from the lender. Refunding may give VA the flexibility to consider options to help you save your home that your current lender either could not or would not cons! ider. When the VA refunds a loan under 38 U.S.C. 36.4318, the delinquency is added to the principal balance and the loan is re-amortized. Your new loan will be non-transferable without prior approval from the Secretary. If your interest rate was lowered and an assumption is approved, the interest rate will be adjusted back to the previous rate.

3. SHORT PAYOFF
(Short Sale) (Pre-foreclosure Sale) (Compromise of Sale)

If you have suffered a long term financial hardship and are unable to maintain your loan or if you need to sell the property to avoid a default loss on the property, it is possible that the lender may be able to accommodate you with a short payoff. A qualified buyer is required. If this is an option you wish to pursue, you must inform the loss mitigation specialist assisting you immediately. There may be tax ramifications associated with any short payoff or foreclosure; therefore, we recommend you contact your tax advisor for details. Some states permit lenders to seek a deficiency judgment for the amount the payoff was discounted. See your state's foreclosure law for more information. ! Check with an attorney for advice on your personal situation.

4. DEED-IN-LIEU OF FORECLOSURE

If you have incurred a long term financial hardship and your house has been on the market (at fair market value) for at least 90 days, you may be eligible for a deed-in lieu of foreclosure. To be considered for this option, you must complete a financial package and provide a copy of your recent active listing agreement. Also, there cannot be any additional claims or liens (other the mortgage) against the property. If you are approved for a deed-in-lieu, you will be giving u! p all rights to the property and the property will be conveyed to your investor. In exchange for the deed-in-lieu, the lender may waiver all deficiency judgment rights. You may be asked to participate in a Short Payoff program before a deed-in-lieu of foreclosure is accepted.

5. REPAYMENT PLAN

If you have incurred a short term financial hardship and your loan is two or more months past due, your loss mitigation specialist will also consider submitting a request for a payment plan to your lender for approval. Only after reviewing your financial situation will this o! ption be considered. All clients must be able to show that they can afford this plan in order to be eligible.

6. SPECIAL FORBEARANCE
(FHA loans only) (Type I & II)

If you have incurred a short term financial hardship and your loan is 90 days to 365 days past due, the loss mitigation specialist will also consider submitting a request for a special forbearance. A special forbearance is designed to provide you with more relief than is possible with a regular repayment plan. Typical approval can result in spreading the repayment over 12 to 18 months. Type II - can ! be utilized in an unemployment situation whereby the promise of future employment is present. We have done VA loans that resulted 27-month repayment plans.

7. PARTIAL CLAIM
(FHA mortgages only) (Some Freddie Mac Investor loans)

The loss mitigation specialist may assist in requesting a partial claim if you qualify. You may be eligible if your loan is 120 to 365 days past due. A partial claim results in placing your past due payments into a subordinate mortgage (2nd mortgage) between you and the Secretary of Housing Urban Development. The partial claim note wil! l require you to start making payments when you pay off the first mortgage. There is no interest. The partial claim can be for no more than 12 months of past due payments.

FAQ’s

Frequently Asked Questions

Q. What is foreclosure? Common misspellings include: forecloser, forcloser, forclosure.

A. Home foreclosure is a process by which a lender regains a property which they have financed. Typically, this is because the borrower or homeowner is behind on house payments and is unable to catch up, often due to circumstances outside of his or her control. When the lender forecloses on the homeowner, the homeowner must move out of the house, therefore, losing all possession of the property and jeopardizing any possible equity that the homeowner may have in the home. There is a legal time frame, which varies from state to state, which determines how long the foreclosure process can take. Click here to review foreclosure laws state-by-state. (should be linked to foreclosure information page)

Q. What can loss mitigation do for you?

A. The goal of loss mitigation is to work out an agreement between the homeowner and the lender that will stop foreclosure proceedings permanently. This allows the homeowner to stay in their home and protects their credit history.

Q. How do we stop foreclosure?

A. Our company specializes in resolutions of mortgage delinquencies or home foreclosure claims on behalf of you, the homeowner. We perform a detailed financial analysis and work with you to determine your best alternatives. We review your lenders loss mitigation policies and your state's foreclosure law to make sure that we give you the best service within the context of your situation. By working with you and your lender we can tailor a resolution to me! et your specific criteria and financial circumstance. We do all of this quickly and effectively because we have been doing this for 20 years and have thousands of satisfied customers.

Q. How long do I have to act?

A. Time is of the essence when you are behind on house payments. Time is definitely not your friend in this situation. Each day that passes makes it that much harder to get a wo! rk out agreement with your lender that you can live with. The home foreclosure process can take anywhere from a few weeks to many months, depending on your state law and the method of foreclosure your lender chooses to use. We have encountered many homeowners who did not even know that they had already lost their house! Click here to contact The ZRO Group for a free eligibility assessment.

(this link should be linked with the contact us page)

Q: Several companies have contacted me recently offering to help. What's different about The ZRO Group?

A. There are many predatory companies who are not what they appear to be. Beware of unscrupulous companies who are actually just interested in buying your house at big discount, or attorneys who just want to take you into bankruptcy or companies that collect a consultation fee then do nothing for you. You can check us out through your state attorney general or the better business bureau. We are very proud of our track record of success and ! thousands of satisfied customers. They are strong evidence that we deliver on our promises.

Q. Should I negotiate with the lender myself?

A. Yes. If you are only a payment or two behind and your lender has not hired an attorney to begin foreclosure proceedings you may be able to negotiate a work out agreement yourself. If you are successful then you have saved yourself some funds that can ! be used to get caught up on your mortgage. Just remember, don't waste a lot of time on this. Time is not on your side right now. If you don't have something worked out within 1-2 weeks, then it's obvious that your lender is not serious about working things out with you directly. When you get to that point you will be better served by professional representation (generally when your payments are 90 days behind) that can use the formal business and legal protocols to your advantage. The ZRO Group delivers the critical information and professional representation that you need to get the best possible work out agreement with your lender.

Q. Can The ZRO Group help me improve my credit rating?

A. The ZRO Group does not do credit repair services but we do strongly recommend the nation's leader in credit repair, Lexington Law Firm. Right now, of course, the best thing you can do to help your credit is to prevent foreclosure. Click here to contact The ZRO Group for a free eligibility assessment.

(link with contact us page)

Q. How long does it take for you to complete the case once we fill out all of the paperwork?

A. Anywhere from 2 days to several months. This depends on the stage of foreclosure you are in and your financial position. Typically it takes several weeks to complete a work out agreement and stop foreclosure proceedings.

Q. Do I have enough time to stop my foreclosure?

A. Up until the foreclosure sale occurs there is still hope. If a sale date for your house has been set you need to act fast. We have stopped sales set for the next day but this is very risky and some lenders will not agree to it. You're best option is to take action immediately to stop foreclosure before it goes too far. Click here to contact The ZRO Group today for a free eligibility assessment.

(link with contact us page)

Q. How much do you charge to stop home foreclosure?

A. Our fees are based on your mortgage payment amount, and the complexity and urgency of your situation. Our professional loss m! itigation consultants will evaluate your case and explain the best options to save your home. We are confident that you will feel that our fees are a bargain compared to the cost of the alternatives. We offer a money back guarantee if we cannot get you a work out agreement with your lender(s) as long as no sale date has been set. Click here to contact The ZRO Group today for a free eligibility assessment.

(link with contact us page)

Q. I'm currently in bankruptcy. Can you still help?

A. Yes. But we cannot negotiate a work out agreement with your lender until your mortgage has been discharged or dismissed from the bankruptcy proceedings. Our professional loss mitigation consultants can still evaluate your case and explain the best options to save your home. Then when the mortgage is out of the bankruptcy we can proceed with the home foreclosure help. Sometimes after bankruptcy it is easier to make a mortgage paymen! t because other debts have been discharged.

Q. I've already talked with my lender and they just want all their money. Can you still help me?

A. Yes. Most of our clients have experienced this kind of inflexibility from their lenders before calling us. We get your bank to listen to your needs because they know and trust us. We have mitigated many home foreclosure cases. That kind of experienc! e gives us credibility with your lender. Over the years we have developed positive working relationships with key people at most banks. Our integrity and professionalism have earned us a reputation that allows us to be heard when no one else can get through the red tape. We will use our experience and connections to your advantage. Click here to contact The ZRO Group today for a free eligibility assessment.

(link with contact us page)

Q. Should I file for bankruptcy to save my house?

A. Maybe. The American Bar Association has reported that 96% of homeowners who declare bankruptcy end up loosing their home to foreclosure anyway. Bankruptcy is very unlikely to help you save your home. If you declare bankruptcy you will likely end up with BOTH a bankruptcy and a foreclosure on your credit report. That being said, there certainly are times when bankruptcy is appropriate and we recommend you consult a reputable attorney ! should you think you need it.

Q. Do I need to have a special type of mortgage loan for The ZRO Group to help me?

A. No. We specialize in out-of-court resolutions of government and non-government mortgage delinquencies or home foreclosure claims for homeowners. These can be FHA! , Rural Administration, VA, Freddie Mac, Fannie Mae, or conventional loans which have become delinquent Click here to contact The ZRO Group today for a free eligibility assessment.

(link with contact us page)

Q. What if I can no longer afford my home? Can The ZRO Group! still help me?

A. Yes. If you are certain that you cannot afford your home any longer and wish to sell, The ZRO Group can help you to secure a short sale payoff or a deed-in lieu of foreclosure agreement with your lender. Often times these agreements can be arranged at low or no cost to you. Click here to contact The ZRO Group today for a free eligibility assessment.