Blown Mortgage - Latest Comments in Avoid Foreclosure with these 7 alternatives

Re: Avoid Foreclosure with these 7 alternatives

Morgan Brown — Sun, 30 Nov 2008 21:57:02 -0000

Hi,

I don't know of a place that rates them, but you might check out http://www.loanworkout.org/ and http://www.iamfacingforeclo... to get a start.

Best,
Morgan

Re: Avoid Foreclosure with these 7 alternatives

UniqueSituation — Wed, 19 Nov 2008 16:13:54 -0000

Quick question. How do you find a "good" real estate attorney who specializes in foreclosures? Is there a place where they are rated? Thanks!

Re: Avoid Foreclosure with these 7 alternatives

cgwiley — Thu, 08 May 2008 09:19:59 -0000

Selling you home to me is the best bet, and you can do the short sale, or if you have some equity in the home you can find an investor to purchase the house from your for what is owed on the house. Get our from under the property will save you stress and your credit.

Re: Avoid Foreclosure with these 7 alternatives

Morgan Brown — Sat, 26 Apr 2008 17:17:02 -0000

i agree 100% - how many other good things could our tax dollars go to if we
weren't bailing out wall street and main street gamblers?

Re: Avoid Foreclosure with these 7 alternatives

Tax Lien Properties — Sat, 26 Apr 2008 04:02:10 -0000

I have a real problem with the government taking money out of my check to give to someone that made a bad choice and bought more house than they can afford. I also have a problem with my tax dollars being used to bail out billion dollar corporations.

There is a thing called personal choice and people should be responsible for it.

Re: Avoid Foreclosure with these 7 alternatives

Toby — Sun, 13 Apr 2008 13:47:35 -0000

These are all well and good, but in my experience the lenders and servicers have been grossly understaffed to deal effectively with these strategies. In the squeeky wheel gets the grease philosophy the lenders only seem to want to deal with people when they are at the cusp of foreclosure, often when it is too late.

Re: Avoid Foreclosure with these 7 alternatives

Bob — Sat, 12 Apr 2008 21:13:49 -0000

You forgot Yield Spread Premium (YSP). The kick-back scheme to mortgage brokers from the bank for getting you into a higher interest rate loan than you qualify for.