Tuesday, January 13, 2009

Foreclosure Help!



Foreclosure is defined in the dictionary as: noun Law. the act of foreclosing a mortgage or pledge. A situation in which a homeowner is unable to make principal and/or interest payments on his or her mortgage, so the lender, be it a bank or building society, can seize and sell the property as stipulated in the terms of the "mortgage contract". This is what can be described as a "Foreclosure".

"Foreclosure" means more than just a noun or some legal jargon stipulated in a contract for those who are seeking help from losing their home due to [foreclosure], "mortgage"Foreclosure is in fact one of the most dreadful experiences a person may experience in their lifetime next to death, divorce, or bankruptcy which all have their fair share of pain and all share their similarities of doomed like uncertainty as in foreclosure.

Foreclosure is tough, yet foreclosure need not define your life, nor your peace of mind. With the recent decline in our nations economic system bankruptcies and foreclosures are leading the way and taking no prisoners except the knowledgeable who know what remedies can be applied to foes like foreclosure.

Think about it, when you feel ill you take the necessary steps to remedy your physical condition like a visit to your doctor or a concoction of grandmas good old homemade remedy, whichever you prefer quite simply does the intended job of making you feel better again.

When you think about "foreclosure" is kind of the same, only now you're dealing with a financial illness that may result in a physical illness because of the stress involved. I'm not going into detail how a financial burden like foreclosure can result in a physical burden since that's a topic all in its own, yet I will say this...There is a remedy for foreclosure!

If you're facing that dreadful reality which is also known as foreclosure do something now before the word foreclosure in its present tense becomes foreclosed in past tense.

Now more than ever you may qualify for what is known as a "Loan Modification" a proven strategy that is being successfully utilized by mortgage/real estate experts in completely modifying your current mortgage loan and affording you the homeowner the peace of mind you deserve by literally lowering your monthly mortgage payments considerably, sometimes more than half of what an individual may be paying, while at the same time saving your home from being foreclosed upon.

Loan modification is not refinancing and does not involve applying for a new loan, what loan modification is involves "Hardship", hardship, which you the homeowner is currently experiencing and hardship which you the homeowner needs help in remedying.

With a loan modification, or "Loan Mod" for short an expert, usually a real estate/mortgage legal expert/experts will handle your loan modification between you, and you mortgage company for a very nominal fee, that any reputable, proven loan modification company will guarantee if for any reason the loan modification company is not successful at modifying your current delinquent mortgage loan.

Loan modifications performed by an expert in the loan mod field usually have a success rate of over 90% in modifying mortgage loans, and will complete the entire process within a 30-90 day period from the acceptance of the loan modification brief overview and consultation to the final agreement on the loan modification itself.

Email us at: StopForeclosure.com@gmail.com