My name is Daniel Persons. You may want to print this information or save this page to your desktop or
favorites, because in the next few minutes I am going to reveal to you the misconceptions, misrepresentations and downright
lies that are responsible for the foreclosure epidemic that you may now be a victim of.
That's right. I said the victim. The stress and sheer terror, you may be feeling is not your fault.
Most likely the position you are in now is due to an unfortunate event, that you had no control over. You may have trusted
some supposed "expert" mortgage lender, who was supposed to act in your best interest. Instead, that lender set you
up with a loan that looked and sounded good to you at the time, but was designed to make the lender an immediate wheelbarrow
full of money and leave you high and dry. Now as a result of their greed, you are up to your neck in payments you cannot
afford to make and the lender is probably out of business.
There has been unprecedented number of irresponsible loans and lender practices that began in the early 2000's.
This has now caused the market to implode on itself. It is a history making case, of greedy and unethical individuals,
taking the money and running at our expense.
Of course there are exceptions. You may be facing foreclosure because of an unexpected job loss, a shocking
and sudden accident or a change in the health of yourself of a loved one. Regardless of the reason or event that has
put you in this position; I know that it can drain both your financial resources and your sense of hope.
I want to tell you right now -- take heart. Your situation is not hopeless. In the next few minutes
I am going to give you ever-possible way out of the dilemma you are now in. I am going to give you the information you
will need to keep a foreclosure from ruining your life, and the life of your family, AND options to get you back on track,
just as quickly as is humanly possible.
By the time you are done reading this message, you will know exactly what your options are, and you will be able
to make an intelligent informed decision about the correct course of action to take next.
Because I do not know your current situation I am going to try and cover all the possible scenarios to stop a
foreclosure, to give you the best chance of correcting things immediately.
Below Are The 7 Ways To Stop a Foreclosure:
- HAVE NOT MISSED A PAYMENT BUT WILL SOON: So if you have NOT missed a payment yet, but know you are going
to miss one soon, the first thing you should do is contact your lender and let them know your situation. This is absolutely
the best thing to do and the best time to do it. If you have lost your job or have some other sort of hardship going
on let them know. Once you have missed a payment, they are less likely to help you. When you call, you want to
ask them if they will be willing to work out a PAYMENT PLAN with you to help get you back on track. The longer
you wait, or if you wait until you actually miss a payment, it makes it more difficult to ultimately get the problem solved.
- FORBEARANCE: Ask for a forbearance. This allows you to delay payments for a short period of time,
with the understanding that another option will be used afterwards to bring the account current.. for example, if you know
you will have the funds to bring your account current by a specific date because of a guarantee sum of money you are receiving
in the future. This will give you some bargaining power with the lender. But there are no guarantees they will do this
for you.
- REPAYMENT PLAN: This is where the lender agrees to add, a certain amount of the missed first payment onto
each of the next subsequent two payments. These plans provide some breathing room for you, if you only have short-term
financial problems, such as a sudden expensive repair, or a medical expense that makes it too difficult to pay your mortgage
for one month.
- TWO OR THREE PAYMENTS BEHIND: If you have already missed two or three payments and owe a couple thousand
dollars in lender legal fees, the lender of your mortgage may still try to arrange a repayment schedule. But you will
likely have to pay a third to a half of the delinquent amount upfront, and then pay off a portion of the remaining balance
each month for a year or more. Also, never ignore the lender's letters or phone calls. Ignoring the problem will
not make it go away. In addition, if you are going into a foreclosure process, there are other fees and costs involved
and ignoring them only makes these costs worse.
- LOAN MODIFICATION: You may be eligible for a loan modification plan, designed for people that can not afford
repayment plans. In a modification, the lender actually adjusts the terms of the loan to make it affordable. It
may lengthen your amortization schedule or lower the interest rate to cut the monthly payments, or roll the past due amount
into the loan and re-amortize the new balance, so you can pay the additional debt back over time.
- SHORT REFINANCE: Some companies may be willing to offer you a "Short Refinance". With this product
the lender agrees to forgive some of your debt and refinance the rest into a new loan. This way, the lender still gets
more money than they would by foreclosing on you.
- CHAPTER 13 BANKRUPTCY: Now if none of above 6 methods work, and you "CAN" afford your normal
monthly mortgage payment, but "CAN NOT" afford to make up the delinquent amount and legal fees because your lender
offered a really harsh repayment plan, you may want to consider filing Chapter 13 bankruptcy. Doing so temporarily halts
the foreclosure process and can force the mortgage lender to accept a more friendly repayment plan. This is a last resort,
and will still NEGATIVELY impact your credit for 7 to 10 years. Also, filing a BK still does not stop
a foreclosure but may only delay you losing your home and the BK will have cost you $1000 to $2000 to file with an attorney.
If NONE of these 7 ways work, there is one other option.
As you may know a foreclosure is devastating to your credit rating and will affect it for 7 to 10 years just like
a bankruptcy. In addition, buying or even renting another home in that time period may be impossible for you.
But, there is one more option where I may be able to help you personally.
Even if you can no longer afford your home, you can still protect your equity and continue to keep a good
credit rating which is very important.
HERE IS HOW:
Up until a few days before the bank forecloses on your property, you have the opportunity to stop that process
by having someone purchase the property.
I may be willing to do this for you. I arrange creative, legal and ethical ways to buy property or assume
mortgages from people who need help. I may even be able to let you stay in the house, depending on your situation.
The bottom line though is this: if your situation allows it, I can stop your foreclosure, and often put money BACK in your
pocket so you can start over in a more affordable home.
If you do not have the money to pay the lender off and see no real chance of making up the payments & lenders
legal costs, and you would be open to discussing opportunities that could relieve you of this burden, please complete the
form to the right of this information and I promise I will call you as soon as I get it.
You may also call me direct at 610-805-3086, but I will need the information that the form requests. Now
with this inormation that you will provide me with I will be able to find out if I can help you - - and your worries can be
over.
Let me just say this.
I understand that this is not a pleasant thing to go through but I truly hope that the information I have
provided you with can help you change your situation. Just know that your situation is NOT hopeless. You attitude
and ability to keep it together during this time is CRUCIAL to getting through it with the best possible results.
Just remember, it is important to act fast. Time is of the essence in these situations!
I am willing to talk to you right away and I can prepare in advance to purchase your home if it comes to that.
So even if you ARE planning on using the methods I have shared with you here, I encourage you to contact me so we can create
a back up plan just in case.
If you resolve and save your home, I will be positively delighted for you and we part as friends. If you
cannot resolve the situation, I will be your safety net because the last thing you want is to have a foreclosure happen.
Again, you can reach me at 610-805-3086 and leave your name and number and submit the form as well. I will call you
back.
Again this is Daniel Persons, and I am thanking you for taking the time to read, learn and educate yourself,
and I wish you the best in your efforts to cure your problem.
