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Welcome to Mortgage-Foreclosure.Org
A free comprehensive guide dedicated to empowering homeowners or families stop and avoid mortgage foreclosure
Information is king and it is
important for homeowners to educate themselves about the variety of foreclosure options available to them, equip
themselves with vital information so as to stop and avoid mortgage foreclosure.
How are we different? Unlike many other mortgage foreclosure-prevention websites, we are not a mortgage foreclosure-consultant nor loan modification firm who are trying to sell you direct services.
We simply believe that the most valuable and current mortgage foreclosure-prevention information should be made available to you at absolutely no-cost. The public deserves to know and we are here to serve your appetite for the freshest updated information to stop foreclosure on your home. Feel free to bookmark us for updates as we evolve.
Browse the site to obtain
important information on how to protect from falling victim to foreclosure scams,
learn about important news updates of President Obama's rescue plan to curbing more mortgage foreclosures in the
Use our upcoming forum to discuss with other homeowner
peers who are also facing a similar situation such as yours. Offer or
receive advice from those who have successfully avoided foreclosure through
legitimate solutions that you may already qualify.
Let us begin with how you have
come to this point of foreclosure followed by precautionary measures to obtain
foreclosure help so as to ultimately stop and avoid foreclosure on your home.
Reasons for notice of mortgage foreclosure
When you have missed your
payments, foreclosure may occur. Your lender has legal means of repossessing
your home. This translates to you having to move out of your house. If the
property is worth less than the amount you owe in your mortgage loan, your
lender may come after you for a deficiency judgment.
Steps to stop and avoid mortgage foreclosure
Bank lenders are normally
willing to cooperate with homeowners because the foreclosure process can be a
very expensive and time consuming process. They will only exercise the
foreclosure option as a last resort.
- If you are planning on keeping your home, do not
ignore letters from your lender. It is obvious at this point that you are
having problems making your payments. With no further delay, call or write
to your lender's Loss Mitigation Department to explain your situation and
be prepared to provide them with financial information of monthly income
& expenses. They will not be able to offer you assistance without this
information.
- Do not leave your home. If you abandon your
property, you may not qualify for help or assistance.
- Browse our resources section to contact a HUD-approved
housing counseling agency nearest to you. These government, private and
community agencies provide a free service which includes credit counseling
services and programs.
Finally learn and educate
yourself about the foreclosure options that are available to you. Get the key to help assess your own
unique situation thus determining the best option that is likely fit for you. You
may already qualify for one of the options to avoid foreclosure on your home.
If you find the information on our site useful, bookmark us for future updates.
HAMP Modification Progress Report For March, 2011 - Exclusive Release!
How are we progressing? Get the latest scoop on the government modification program's performance for March, 2011. Find out how your servicer is performing. View updated charts and current details on the number of new Permanent Modifications, Cancellations, Servicer Progress Report, Complaints, Borrower Experience and much more. - EXCLUSIVE WEB REPORT
Can't Relocate For A New Job? Corporate Housing Will Rent Your Home
Although some homeowners may have found a new desirable job located in another city or state, relocation seems impossible as many homeowners who are underwater with negative equity, experience tough challenges in selling their homes. Discover an interesting opportunity and solution for underwater homeowners eager to relocate elsewhere for a new job but unable to do so as they are trapped with the immobile dilemma. - LEARN HOW & PODCAST
Pricing & Selling Your Home In The Current Housing Market
Since the expiration of the federal tax credit, there is little or less incentive for home buyers to make the plunge. This notion makes it more challenging for current home sellers in making a sale. Home sellers may have to price their homes more competitively so as to compete with other foreclosures in the market. - LEARN HOW & PODCAST
Getting Harassed? Protect Yourself From Unfair Debt Collection Practices
The booming debt collection business as a consequence of the recession is resulting in many debt collectors resorting to unethical and unacceptable behavior in pursuing debt from consumers. As it may be off-topic from mortgage foreclosure, we feel that our readers may benefit from knowing their legal rights in dealing with debt collectors. - READ MORE & PODCAST