By oncameratalent on Feb 26, 2009 | Reply

Here is a pretty good website about avoiding foreclosure. It has info about foreclosure lending scams, foreclosure timeline, some step-by-step things you can do to stop foreclosure, and some advice on how to delay the eviction process after a foreclosure sale:

http://how2avoidforeclosure.blogspot.com

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By T.J.'s Girl on Feb 26, 2009 | Reply

Try bankruptcy
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By dms47949 on Feb 26, 2009 | Reply

Pay up! is the only way I know to stop a foreclosure. Talk to the bank and see if you can work something out. The banks actually do not like to foreclose on houses.
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By Nuha S on Feb 26, 2009 | Reply

Ok, well you can do what is called a ''short sale''
where people come look at your house and if its sold the insurance company will compensate the bank for their losses, and you will not have to have bad credit
OR you can wait until they evict you which takes as soon a couple months to like 2years I think.
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By LOCKNLOAD1 on Feb 26, 2009 | Reply

Don't be so hard on yourself, at least you're trying which is more than I can say for the dead beats just walking away and making matters even worse for everyone else.

The bank does not want your house!
That said I should be able to help get you a modification (not a REFINANCE) to the rate/payment/past due amount if the numbers work out.
Then you can get a fresh start with a lower payment and sleep at night.
I'd love to say e-mail me some details however Yahoo sees that as a solicitation for business and… you get the idea?
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By David P on Feb 26, 2009 | Reply

In Florida call Florida Foreclosure Prevention Hotline 877-532-HELP Its Free
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By John S on Feb 26, 2009 | Reply

If you have the ability to now make your house payments, are 3 or more months behind on your mortgage, and want to keep your home, you can use the services of a loss mitigation company.

In otherwords, if you have resolved the situation that caused you to get behind in the first place, a resolution can be worked out with your lender through loss mitigation.

Most all homeowners facing foreclosure are not aware of this option, which is one of many you can use, depending on your own unique situation.

Most lenders start the foreclosure process when you are 91 days late with your mortgage payment. Then, depending on what state you live in, the time it takes for your home to go to auction can be as little as 2 months all the way up to 12 months. So, adding the original 91 days to this timeline is how long you have to get help with your foreclosure.

What is the fee for stopping foreclosure with a loss mitigation company? Usually equal to one house payment, plus an additional fee (around $150.00) to expediously file papers for stopping your foreclosure sale so that negotiations can be worked out with your lender.

How long on the average does this process take to stop your foreclosure after we start working with you and your lender? About 3 months. Then, usually a workout plan for the homeowner is put into place. Most often it is a loan modification program.

So, the fee for loss mitigation is not at all exhorbitant. In fact the three or so months that it takes to get a workout plan in place from your lender you would normally be making house payments anyway. For each month it takes, you make a payment into a trust account, and that money sits there to verify to your lender that you now have the abiltiy to make your house payments. They actually get proof that you do now have the ability to make your house payments. This is the reason for the 3 month period of time.

Our loss mitigation fee comes out of this trust fund, the lender gets the rest, you are placed into a plan, your home is saved.
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John S. is a loss mitigation consultant for Reassurance Loss Mitigation Agency. Helping homeowners stop foreclosure since 1986.

By Duncan J on Feb 26, 2009 | Reply

The foreclosure process is not to be taken lightly. Having professionals by your side who understand the intricate process is key to saving your home. You might want to check out the website Free Foreclosure Prevention http://freeforeclosureprevention.net they have professionals who are there with you every step of the way.
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