If you are facing foreclosure you are not alone. Thousands of people have lost their homes to foreclosure in the last year and thousands more will lose their homes in the next year.
Who could have seen this coming? It all began with the low interest rates encouraging people to refinance their homes and use the equity to make new purchases or pay off other debts. The Adjustable Rate Mortgages (ARMs) looked like a great deal. People were able to get 100% financing at a very low rate, fixed for 3 years. Many were aware that the rate could increase significantly, but they weren't worried; they would simply refinance before the ARM reset.
But, two devastating things happened. First, unemployment increased; many people lost their jobs; therefore, they were unable to qualify to refinance their home. Now, they are stuck with a mortgage payment that they cannot afford. Second, market values declined sharply, so the homes cannot appraise for anything near the amount owed on the mortgage; therefore, another reason refinancing is impossible.
As the ball keeps rolling, people are walking away from their homes. Investors are taking a huge loss and mortgage guidelines are getting strict. Even people with very high credit scores are finding it difficult to get a new, fixed rate mortgage.
Foreclosure hurts, no matter what the cause. People facing foreclosure are devastated, humiliated, and feeling hopeless. They wonder who to turn to as they receive countless phone calls and letters from their mortgage company, demanding payment.
To add to the confusion, they receive letters from lawyers or other companies promising to "save your home from foreclosure" or "stop foreclosure now". Some of these companies are somewhat reputable, but many are preying on your last dollar. They ask a high fee for a service that gives you false hope and ultimately does not provide a solution. Some even promise to take over your mortgage payments while you lease your home from them. You pay them, they don't pay your mortgage, the foreclosure process continues and you still lose your home.
We can help. Our service to you is ABSOLUTELY FREE! We will work with your lender to get them to agree to a short sale, where they accept less that the amount owed on your mortgage. We will ask your lender for WRITTEN SATISFACTION of your debt, so that they do not come after you for the balance owed; they will not file a deficiency judgment against you. You satisfy the bank, avoid having a foreclosure on your record, and get on with your life.
We will help you find another home to purchase on a lease option or a land contract. We will refer you to an agency that will help you restore your credit so you can eventually refinance your home with a fixed rate mortgage.
We do get paid for our services, but not by you! We do offer a guarantee, but not one that sounds "too good to be true". To be honest, there is no guarantee that your lender will work with us. There is no guarantee that they will be cooperative or that they will accept an offer from one of our investors. The only thing we can guarantee is that you will lose your home and your credit will be destroyed if you do nothing! So, you really have nothing more to lose if you call us for a free consultation today!
Call Alan at 248-363-0100
Email: afaitel@yahoo.com
Website: http://www.oaklandmichiganhomes.com
