How to Save Your Home from Foreclosure

Can’t make this month’s mortgage payment? Going into default? Learn how to save your house from the homeowner’s worst nightmare.
Comments on article "How to Save Your Home from Foreclosure"
Name Views and CommentsDate
Cecilia In Julne 2008, I applied for a loan modification through my lender for couple of months now , and almost every week I called the lender and see what is the status of the loan modification that I applied for - The lender (customer service) always informing me that the paper work are still under mitigation or litigation process for approval and at the same time my home have a trustee sale date on 8/27/2008

Is this mean that my home is not mine anymore and the lender is just telling me that the loan modification is still in process? I asked the lender this but all they can tell me is it is not a done deal yet and not to give up. I have a lawyer appointment before the trustee sale and I really do not know what to do at the moment.
8/11/2008
USLoanMods Homeowners can also hire professional independent consultants to negotiate wit their lenders -- a complex and time-consuming process.

USLoanMods Team
7/8/2008
Creditwrench This article does not realistically depict today's foreclosure process. This is probably because the author has little or not legal knowledge or experience.

Today's reality is that hundreds of thousands of homes all across America are foreclosed on every day. Homeowners believe they can and must work with the lender to keep their home or refinance but don't realize that most lenders will attempt to soothe the debtor's anxieties while sending them to court in order to render the lawyer's work facile. If the debtor is knowledgeable and fights foreclosure in court it can drag the process out for many years and greatly escalate the costs that must be borne by the lender because they have little hope of getting anything out of the debtor.

If the debtor fights in court without a lawyer they might not even be able to claim legal fees even if the debtor could pay them.

While there is little or no hope they will get the home for free, lenders can often be forced into a good settlement whereby the back payments are simply added to the back end of the loan and the homeowner simply starts paying again.

Knowledgeable homeowners in foreclosure keep their homes under good conditions by trapping the lender into violations of various laws and then using that knowledge to stay in their homes.

5/27/2007
renee Safe House USA is a great company to save your home. They treat each homeowner like it was their home. Caring, decidated and communication was very important . Safe House USA will save your
home and hire you I know because my home was saved. 866-265-0368
6/25/2006
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