We've Seen the Horrors of Foreclosure & We Want to Help

Watch the video to the right to see what happens when people in foreclosure situations wait too long to take action. Learn from their mistakes and DON’T wait until it’s too late!

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It Costs You NOTHING to Protect Yourself!

Stop Foreclosure!

This form is for people looking to stop or prevent a foreclosure of their property. 

7 Ways to Combat Foreclosure

  1. Sell Your Home

Selling your home is the most effective way to cure a pending foreclosure regardless if you have a lot of equity or you have NO equity in the property. If you have equity, then selling is the best way to get CASH for the equity that you have before the bank gets their hands on it. If you have no equity, or even if you owe more than the home is worth, selling your property in conjunction with getting a “Short Sale” approval might be the best strategy to avoid foreclosure.

  1. Refinance

Another option that most homeowners do not know is available to them is to refinance their existing loan with another lender, or to take out a home equity line of credit to make up the back payments owed to the bank. Important to remember with this option is that not all lending institutions and brokers are honest, and many of them will try to take advantage of your situation charging you high junk fees and prolonging the lending process so you owe more and they make a bigger commission.

While the cost of refinancing can be very costly, it can even be more costly if the mortgage broker you are dealing with cannot complete the loan! That’s right, often mortgage brokers ask for money to start the loan process or for an application fee, and it’s very possible you won’t get your money back, or the loan completed. What’s worse, is if your mortgage broker does not complete the loan, you will find yourself just that much more behind on payments and with that much less time to find a real solution to the problem. Another concern many home owners find themselves faced with in today’s economy, is that there is not enough equity for them to qualify for a loan, or they already have two loans on the property and don’t have good enough credit to refinance.

Be sure to find a home solutions expert who is familiar with helping homeowners in each of these situations and in your area. Call today if you’d like to speak to someone with the knowledge to help you work through your options. Remember, the consultation is free and there is no obligations.


  1. Seek Help From Family/Friends

Borrowing from family and/or friends is without a doubt the very fastest and easiest way to stop foreclosure. Often times however, the person in need is reluctant to contact one of these caring individuals for fear of what they will think when they find out you are in a tight situation.

So you have decided to approach family and friends what do you do now?

Discreetly contact your family and friends, starting with those closest to you. Arrange to have a cup of coffee with them and explain your situation to them. The more complete your disclosure, the better they will be at seeing if they are in a position to help or not. If not, they can possibly help you brainstorm on some financing sources that you had not even thought of.


You will want to assure your family / friend of your intent to pay them back in full, with interest if necessary, so that they can see your commitment to doing the right thing. Be specific about what you are willing to offer them.

Often times, the challenge with family and friends is that they judge you because of the situation that you are in. Many times, they will use the situation as something they can hold over your head related to something in the past that didn’t go their way. While family and friends can be the easiest source of finding money to pay back late payments, it’s can be better not to let money get in the way of a relationship.

Don’t forget that you’ve got something working against you that no amount of effort can bring back: TIME. If you think your family or friends might react in this manner then this is not the option for you.

The longer you wait to “see if things will work out”, the greater the chance you will be left with FEW or NO options at all. Don’t wait until the sheriff is literally pounding on your door to throw you and your family on the street. Don’t watch a bad situation turn into a public humiliation you (and your family) will never forget.

It’s just that simple. Make one simple decision to take action, and let us help you find the smartest solution for your particular situation.

  1. Loan Modification/Forbearance

When borrowing from family and/or friends is not an option, working out a loan modification or forbearance agreement with the bank may be possible.

A loan modification is when the lender agrees to modify the interest rate of the loan and re-amortizes the back amount due along with the unpaid loan balance to come up with a new payment that works for the borrower.

Loan modifications are being offered by everyone these days and homeowners need to beware of SCAM artists promising to help you with a loan modification only to take upfront fees and not delivering. While there are legitimate companies offering to help, the fees often range from several hundred to a few thousand dollars, and yet there is no promise of delivery.

Statistics show that approximately 85% of homeowners in Foreclosure do NOT make even the second payment with a forbearance plan.

 A forbearance agreement is when the lender agrees to split the amount of back payments over an agreed upon period of time, 3 months, 6 months, 1 year, allowing the homeowner to catch up the payments. The problem for most homeowners is that if they can’t afford the current payment, it’s unlikely that they can afford the current payment PLUS the forbearance amount for the next 3, 6, 9 months or whatever is agreed. It’s often a recipe for disaster. The worst part is that if you miss a payment then the foreclosure picks right back up from where it left off!

Don’t let the lenders get the upper hand. Talk confidentially to discuss your options.

Note: our affiliates do not provide or assist with loan modification services or any dealings with your lender.

  1. Borrow Against 401, Cash Surrender, Or Sell Other Assets

Another tactic used by homeowners to stop foreclosure is to borrow against their 401K / Cash Surrender Value of any Life Insurance they may have, or to sell other valuables that they have to repay the back payments due to the bank.

Many people find that they have either already depleted their 401K in an attempt to save the property or aren’t willing to risk the 401K which was being saved for the kids’ education, not to mention the 10% penalty and taxes you have to pay for early withdrawal.

Remember, that loans from 401K’s or Cash Surrender Value seldom get done in a timely basis and both have fees and penalty’s if not repaid exactly as agreed.

As for selling other assets, while they may sentimental, historical or marketable value, you often get far less than they are truly worth, and seldom have the chance to buy them back. Now is not the time to sell your mother’s wedding ring.

We understand these pressures and are trained to walk you through the process of deciding the approach that’s best for you! Don’t wait another minute, contact us to find a better way.

  1. Deed-In-Lieu Of Foreclosure (Giving your property to the bank)

A Deed-in-lieu is a process in which the borrower failing to satisfy the loan obligation hands over his property to the lender. The lender may then sell the property in order to retrieve a part or whole of the amount borrowed from the sale proceeds. In other words, this is a voluntary foreclosure.

The problem with this is that the bank must agree to the exchange. Today it can be difficult to do so, especially if you have any equity at all, because the bank does not want you to walk away from a debt, if they can hold out and get more. Also, you will be required to prove in many cases, that you have fully exhausted your chances of getting the money to repay from other sources. Finally, if the bank does agree, guess what, you just saved them thousands of dollars in court costs, and it still goes on your credit report for all to see!

Additionally, lenders may often realize more income by allowing the home to go to foreclosure instead of accepting a deed, especially when there are other liens involved and some equity in the property.

Don’t take your chances hoping the bank will work with you and accept a deed-in-lieu of foreclosure, know your options by speaking to an NPC certified professional in your area TODAY!

Note: we do not provide or assist with loan modification services or any dealings with your lender.

  1. Bankruptcy, Chapter 7 or Chapter 13

Maybe you’re already thinking that the smartest thing you could do is to file bankruptcy and delay the bank of their right to get the property. Bankruptcy could be a valuable option in some cases, however you need to remember that bankruptcy will NOT remove your financial obligation towards your lender and it will add more cost in the process.

WARNING: Be careful here – many of the bankruptcy laws have changed in recent months and years and filing incorrectly, or without proper guidance could be even more costly.

Check out the latest information on US Bankruptcy Law at the following website: http://www.uscourts.gov/services-forms/bankruptcy

Bankruptcy filing may be tricky and will definitely cost between $750 – $2500 or more depending on who you have assisting you with the process.According to the Unites States Department of Justice, bankruptcy filings have grown overall from about 110,000 in 1960, to over 1.6 million in 2003.

Remember this – if the word Bankruptcy has ever been discussed with the lender, you can forget about the possibility of a Deed-in-Lieu of Foreclosure.

There simply isn’t any “one size fits all” fix for every Foreclosure situation. That’s why it’s very important for you to schedule a free no-cost or obligation evaluation.