Most believe that stop foreclosure laws are designed to hurt rather than help them. Not so. The secret is that foreclosure laws have evolved to protect the borrower--not the bad lender. The secret is out! Stop foreclosure and listen closely and understand why I say this. The foreclosure process gives you, the borrower, specific periods of time in which to: bring your loan current by making up the missed payments (known as "reinstatement"), or pay off your loan in its entirety (called "redemption").
If neither of these options is feasible, you will still have time to prevent your property from being sold at a public auction (the stopping foreclosure). GuaranteedLoanHelp.com are experts in solving these problems.
You will get the most benefit out of the foreclosure process if you envision this secret as a "window of opportunity" to resolve your financial problems. During this window of opportunity, you have time to learn about the foreclosure process and implement a strategy to stop the foreclosure. Another basic misconception about foreclosure is that lenders want to foreclose. Nothing could be further from the truth! Lenders are in the business of loaning money--not owning real estate.
They don't want your house back for numerous reasons. Lenders are reluctant to incur the costs of a foreclosure. For example, if your lender is forced to foreclose, it will not only lose your back payments, but it will also incur foreclosure expenses, taxes, insurance, wear and tear while you (or your tenant) live in the property, repair costs to refurbish the property for sale, and a real estate agent's commission once the property is sold. As a result, many lenders will go out of their way to work out a resolution--short of actually foreclosing--if you give them the opportunity.
secret to stopping your foreclosure is communicating with your lender. With the sudden avalanche of foreclosures and defaults, lenders are more eager than ever before to workout a solution rather than foreclosing. Lenders will do almost anything to avoid increasing their overflowing REO inventory of foreclosed properties.
Don't shy away because you've missed payments, divest debt concerned that you will miss some payments in the future, or that your property has already gone into foreclosure. Whether you communicate by telephone, letter, email, fax, or in person, you will have a much easier time stopping (or at the very least, delaying) the foreclosure if you talk to your lender rather than adopting a code of silence. The secret is to negotiate directly with divest debt someone with "authority" at your lender's office. The first step is to determine who your lender actually is. (This is no small feat these days with lenders selling their loans to other lenders like hot potatoes.) If your property has already gone into foreclosure, the first person you will be dealing with will either be the foreclosing trustee, or the attorney for the lender. If it is a avoid foreclosure, you will most likely be contacted by a process server, sent by the lender's attorney. If it is a non-judicial foreclosure, the trustee is responsible for handling the avoid foreclosure process. You will need to contact GuaranteedLoanHelp.com as they are experts in solving these problems.

When a person becomes late on their monthly house payment, eventually the lender will begin foreclosure proceedings which in most cases will start with a notice of default or a lis pendens recorded with the county where the property is located.   There are data companies that collect this information, and sell the information on a subscription basis.  That is why, shortly after the notice is recorded, the homeowner is usually deluged with mail, phone calls and people knocking on the door offering various forms of assistance and/or foreclosure prevention.  The Stop Foreclosure page on this site covers bankruptcy and investor offers along with some sources for homeowner assistance.  This page will just cover Foreclosure Bailout Loans and Lease/Buyback Arrangements that require transfer of the property into someone else's name.  Bailout loans are included because there have recently been more and more offerings called a "loan" that in reality is a property transfer.
This page will describe a common method of Lease/Buyback, points where a consumer should pay close attention will be marked in bold.
The process begins with contact between the person offering the L/B and the distressed homeowner. The solution presented to the distressed homeowner is to transfer the property out of their name, stay in the home and lease the property for a year or more, then repurchase the property after the homeowner's credit has improved. The fee for accomplishing this is stated as free, or at a very nominal cost. We'll discuss the actual costs further down this page.
The property transfer will normally be accomplished by use of a quitclaim deed, which transfers any interest the homeowner may have in the property into a land trust. If the deed is recorded at the county recorder's office, it is not readily obvious to anyone searching the records that ownership has changed, it only indicates the property went into a trust. It is important to note that transferring title does not remove the owner's obligations under their loan. The homeowner still owes on the loan, but no longer owns the security for that loan. If the homeowner, or the Lease/Buyback purchaser does not make up past due payments and continue making payments, the lender WILL foreclose. GuaranteedLoanHelp.com are experts in solving these problems.
The Lease: Leases can be written with different terms, but a previous homeowner should note that if you are leasing, you DO NOT own the property. Any statements you make, or forms you sign indicating you are the homeowner will not be accurate or truthful. A common monthly rental amount under a lease/buyback arrangement will be 1% of the amount of the property transfer, for a lease period of 12 months.
Property transfer of $100,000 will have 12 lease payments of $1,000 or $12,000
Property transfer of $200,000 will have 12 lease payments of $2,000 or $24,000
Property transfer of $300,000 will have 12 lease payments of $3,000 or $36,000
Lease payments for a personal residence are not tax-deductible and there is no paydown on loan principal, it is just money going to someone else for the use of the space. Remember a few paragraphs up where lease buyback programs are being promoted as being free? They're not. One of the terms that will be written into the lease will be a requirement that the lease payments be on time. If you aren't able to make your lease payments, you'll loose your option to repurchase the property and get evicted as well.

The Loan Discount: Lenders will sometimes allow a reduced payoff for a loan if it is obvious a foreclosure is inevitable and a third party purchaser is willing to buy the property at a price lower than the full payoff. What determines when a foreclosure is inevitable? Commonly, when loan payments aren't being made, and the borrower isn't communicating with the lender. What is a third party purchaser? Someone who is not connected/related to the borrower willing to purchase the property at a price they consider attractive. Lenders generally will not consider a loan discount if title to the property has already been transferred.

The Buyback: The buyback price after the lease period is over can be anything the parties agree on. One company promotes that they will re-sell the property to the previous owner for 95% of the current market value. Most "damaged credit" lenders will only lend to about 75% of the current market value. So, how's the previous owner going to qualify for financing since their credit is heavily damaged? They do owner financing.  They draft a new mortgage for 90% of the property's value, then they backdate it to the time the lease was originated. They then use the lease payments for verification that mortgage payments have been made on time. The backdated loan, along with its questionable verifications, is then sold on the secondary market. If the previous owner can't come up with the difference between the 95% repurchase price and the 90% loan, they can also get a short term loan from the company.



(Article 4)

Working with a professional such as GUARANTEED LOAN HELP.COM who understands how to get you the best possible workout is always your best choice.  We can assess your financial situation and help you determine your best strategy.  Some lenders are extremely hard to deal with. GUARANTEED LOAN HELP.COM knows how to handle lenders.
Following are some Foreclosure Resolution Strategies:
       Total Reinstatement
       Repayment Plan
       Forbearance Plan
       Loan Modification
       Partial Claim Program
       Refinance
       Shortsale/Preforeclosure Sale
       Bankruptcy


Total Reinstatement
This process involves totally bringing your loan current in one payment.  You will be required to provide a certified check in an amount, which will include all past due payments, late charges and any fees and costs, which have been assessed to your account.

Repayment Plan: This process involves making up the amount past due over a period of months by paying a full payment plus a partial payment on the past due balance each month.  You will be required to give your lender a cast contribution equivalent to 40-50% of your total arrears (total of late payments, bank fees and attorneys fees).  Coming up with such a lump sum is quite difficult for homeowners who just faced a hardship.  That is when working with GuaranteedLoanHelp.com can be very beneficial.  We are able to give you some time to come up with some money to offer your lender. The keys to getting into one of these plans are:

Your hardship: A financial statement that qualifies you.  GuaranteedLoanHelp.com are experts in solving these problems.

Forbearance Plan: This process involves the reduction or suspension of payments for a period of time followed by a period of time during which the deferred payments are made up, similar to the repayment plan.

Loan Modification: This process involves the change of the original terms of the mortgage through one or a combination of the following methods: Delinquent interest amount to the current unpaid balance, and/or An extension of the term of the mortgage. A loan modification requires the prior approval of the loan company or investor.  A modification fee will be charged.  A cash contribution toward compliance with any additional requirements of the lender and/or investor.

Partial Claim Program: Certain loans qualify for this program, in which the homeowner is required to give a cash contribution equivalent to 40-50% of total arrears, and the remainder of arrears is loaned to the homeowner interest free.  The homeowner will have the remaining term of the mortgage to pay off this loan in full. GuaranteedLoanHelp.com are experts in solving these problems.

Refinance: This is another one of the more heavily marketed solutions. The main barrier that most people run into with refinancing is not having enough equity to obtain a "sub prime" or "bruised credit" loan. This is the type of loan that you will most likely need to refinance into due to your foreclosure situation. Another problem is that mortgage companies have a history of reporting to their borrowers that "everything is fine", when in fact nothing is usually set in stone until the final loan papers are drawn up.
It is generally not recommended to leave your entire fate in the hands of a mortgage company. It is too easy for them to back out in the final hour, leaving you in a very dangerous situation.
In many cases where enough equity exists, refinancing can be a simple solution. This can be done through a new mortgage company, or through a negotiation with the current lender in which they refinance the current mortgage to include the past due amount (the arrears). With this form of financing, new loan documents are drafted. Be aware that if there are any other mortgages on the property, second mortgage, home equity loans, etc., these junior lien-holders must agree to remain in their present lien-holder position by entering into a subordination agreement with the primary lender. If there are no other mortgages, the process is much simpler. The homeowner will benefit from this type of refinancing in that the lender will wrap the past due payments into the new loan. (much like a loan modification) The biggest barrier that is faced in exercising this option is a lack of equity. A straight refinance usually works only if you have substantial equity in your homes.

Shortsale/Preforeclosure Sale: This strategy can be attempted with great success if you don't have the funds or the ability to keep your home. A shortsale is when the lender agrees to accept less than the full principle plus arrears as payment in full in exchange for being paid off right away. The most the lender will usually discount is ten to fifteen percent of the full amount owed. The prudent lender will cut their losses, saving money from being spent on additional foreclosure costs and legal fees versus taking the property back and then having to market and sell the property.
This strategy of a shortsale is usually performed through a third party professional and who is also experienced in negotiating shortsales. The lender factors in something that they call the "time-value of money". The experience and expertise of the professionals that you use will have much to do with the success or failure of the technique.  Make sure that the people you use specifically have experience successfully negotiating shortsales.  GuaranteedLoanHelp.com are experts in solving these problems.

Bankruptcy: Generally speaking, of the various chapters of Bankruptcy available, the option that provides the most protection to a homeowner who has substantial arrears and is trying to save his/her house is Chapter 13. Discussing the many details of the differences between Chapter 7 and Chapter 13 is beyond the scope of this information being provided. Bankruptcy is a severe form of financial reorganization since it involves government intervention into your financial affairs as well as publicly blemishes your credit report for several years. In order to file for bankruptcy, a filing fee must be paid, plus any attorney costs, and an assortment of forms and schedules must be filed with the clerk of the Federal Bankruptcy Court. Both extreme care and honesty must be exercised while filling out these forms and schedules. Mistakes can result in a dismissal of the petition as well as non-discharge of certain debts. GuaranteedLoanHelp.com are experts in solving these problems. http://www.GuaranteedLoanHelp.com



First of all, you need to be aware that a mortgage lender can foreclose your home for two reasons. The first one is defaulting on your payments. If you are late, or going to be late, DO SOMETHING! Generally, lenders will issue a Notice of Default, or Notice of Foreclosure, if you miss three mortgage payments consecutively. Another possible ground for foreclosure would be a violation on a major regulation or policy of the lender.
In most cases, the reason for a home foreclosure is due to a default in payments. For some home owners, they waited too long before taking any action that would have prevented this. Don’t wait until the second or third delay on your payment or for a Notice of Default before taking the initiative to get help. We help all those that need it, because we know how receiving a Notice of Foreclosure is devastating. But early on, you have some time before the any foreclosure takes place. The god news is that banks and lenders are not happy about foreclosing properties. Bank owned properties involve lots of work, time and money for the bank, and they are not in business to do this. GuaranteedLoanHelp.com are experts in solving these problems.
Even if it’s just a single payment that you missed, it would be wise to get help quick. We could help get that help right away. This is especially true if you know that there is risk that you might not keep up with your monthly mortgage for the coming months. You may have injury, and cannot go to work, or you might have needed the money for an emergency or you might have been laid off from work. Whatever the reason, do not hide behind the fact that your having financial difficulties.
Some lenders will waive some of your penalty fees to help you with the unpaid mortgage fees. They can also give you an extended time period so you can find enough money to pay what is due. A mortgage company can also enable you to refinance your existing mortgage loan without the need to go through the whole process of re-application. This is known as Loan Modification which means you can be granted a new loan without the need to wait for an approval or processing. GuaranteedLoanHelp.com are experts in solving these problems.
With these provisions in mind, it is important to have help and someone who knows the ropes. This way, your lender can work with someone knowledgeable and they together will extend sufficient time to make the needed adjustments on your mortgage terms. If you decide to wait until they have already filed foreclosure, it will only be more difficult and you could easily lose you home, for then it may be late to request for reasonable accommodation.
If you really want to avoid foreclosure it is very possible to get it done. Banks and lending institutions really do not like to take back property. They are in the business to sell loans and not homes. If you can show any kind of sign that you will work with a lender you just may be able to avoid foreclosure and keep your home. Don’t allow more time go by and the stress of failed payments or other conditions to ruin your future. If you take action now you could avoid foreclosure by contacting  Guaranteed Loan Help.



(Article 7)

Most believe that stop foreclosure laws are designed to hurt rather than help them. Not so. The secret is that foreclosure laws have evolved to protect the borrower--not the bad lender. The secret is out! Stop foreclosure and listen closely and understand why I say this. The foreclosure process gives you, the borrower, specific periods of time in which to: bring your loan current by making up the missed payments (known as "reinstatement"), or pay off your loan in its entirety (called "redemption"). If neither of these options is feasible, you will still have time to prevent your property from being sold at a public auction and stopping foreclosure. We are experts in solving these problems.

You will get the most benefit out of the foreclosure process if you envision this secret as a "window of opportunity" to resolve your financial problems. During this window of opportunity, you have time to learn about the foreclosure process and implement a strategy to stop the foreclosure. Another basic misconception about foreclosure is that lenders want to foreclose. Nothing could be further from the truth! Lenders are in the business of loaning money--not owning real estate.
They don't want your house back for numerous reasons. Lenders are reluctant to incur the costs of a foreclosure. For example, if your lender is forced to foreclose, it will not only lose your back payments, but it will also incur foreclosure expenses, taxes, insurance, wear and tear while you (or your tenant) live in the property, repair costs to refurbish the property for sale, and a real estate agent's commission once the property is sold. As a result, many lenders will go out of their way to work out a resolution--short of actually foreclosing--if you give them the opportunity.
secret to stopping your foreclosure is communicating with your lender. With the sudden avalanche of foreclosures and defaults, lenders are more eager than ever before to workout a solution rather than foreclosing. Lenders will do almost anything to avoid increasing their overflowing REO inventory of foreclosed properties.
Don't shy away because you've missed payments, divest debt concerned that you will miss some payments in the future, or that your property has already gone into foreclosure. Whether you communicate by telephone, letter, email, fax, or in person, you will have a much easier time stopping (or at the very least, delaying) the foreclosure if you talk to your lender rather than adopting a code of silence. The secret is to negotiate directly with divest debt someone with "authority" at your lender's office. The first step is to determine who your lender actually is. (This is no small feat these days with lenders selling their loans to other lenders like hot potatoes.) If your property has already gone into foreclosure, the first person you will be dealing with will either be the foreclosing trustee, or the attorney for the lender. If it is a avoid foreclosure, you will most likely be contacted by a process server, sent by the lender's attorney. If it is a non-judicial foreclosure, the trustee is responsible for handling the avoid foreclosure process. They are experts in solving these problems.

Credit card debt and tax debt and Mortgage problems are common problems in American households and mortgage foreclosure are increasing week by week, month by month. We are the Guaranteed Loan Help Debt Group and we are here to offer an alternative to the debt negotiation firms that promise everything and deliver nothing. The Guaranteed Loan Help  Debt Group’s only has professional negotiators throughout the nation who are credit card debt settlement specialists. Our  professional negotiators will arbitrate your credit card debt, and often will negotiate a payment plan that will allow you to pay pennies on the dollar. ?2006 year-end statistics show current credit card debt levels, overdue personal income taxes and increasing adjustable mortgage rates are the primary reasons why many Americans live from paycheck to paycheck. The Guaranteed Loan Help Debt Group’s professional negotiators can provide relief in the form of debt reduction for people like you so that you can become debt free and start fresh. Discharging credit card or tax debt through bankruptcy, debt consolidation programs, or installment agreements are not the only solutions. Moreover, the new bankruptcy rules have disqualified many hard-working Americans like you and Bankruptcy has huge economic and emotional down sides and takes a tremendous toll on your credit rating. ?Debt consolidation requires you to pay back 100% or more of your debt and many debt consolidation companies are funded by credit card companies. Installment agreements for taxes or credit cards only prolong your agony. The Guaranteed Loan Help Debt Group offers real relief in the form of an alternative to bankruptcy and debt consolidation called debt settlement and it truly works. Our professional negotiators utilize proven debt settlement and arbitration techniques to help rid you of credit card debt. Our professional negotiators will assist you in doing the same for your state tax debt and federal income tax debt so that you can regain control of your finances. ?Debt arbitration by professional negotiators is the clear choice to debt consolidation, debt elimination, or bankruptcy. We like to think that our professional negotiators "wrote the book" on debt relief. Our debt arbitration program provides instant relief and is an effective way to reduce your debt. In addition to providing you with instant debt relief our debt settlement program is simple to understand and easy follow. Our affiliated law firm’s debt arbitration specialists will negotiate a long or short-term debt reduction program with your creditors and our professional negotiators  tax firm will do the same with the Internal Revenue Service. In short, our professionals will provide immediate relief and quickly put you in a position to begin restoring your credit. Are Credit Card Companies, The IRS, State Taxing Authorities or Collection Companies Harassing You? Our  professional negotiators are specialists who will immediately put an end to creditor and IRS harassment because upon being accepted into our program, your creditors will stop calling you at home or work and will call our debt settlement and tax arbitration counselors instead. All correspondence from creditors relative to your debt arbitration will come directly to our professional negotiators who will immediately contact your creditors immediately after you enter our proven debt settlement program. Remember, our professional negotiators will provide immediate relief because they deal with your creditors for you. We get you out of debt fast and immediately help your cash flow. We are debt settlement negotiators that will negotiate settlements with your creditors or our professional negotiators will negotiate with the IRS or state tax agency. The result may be a settlement of pennies on the dollar. Our proven debt settlement programs allow you to pay back a fraction of what you owe as quickly as possible. You will make monthly payments based on projected settlement amounts which are typically lower than the amounts you currently pay the credit card companies so you will retain more of your hard earned dollars for the people that are important: you and your family! Now that is real debt relief! ?The Guaranteed Loan Help Debt Group is committed to providing the highest level of customer service. The success of our debt settlement program rests solely on the relationships we build with our clients and with consumer lending institutions. These relationships are built on trust, understanding, and mutual respect. Our professional negotiators have two goals in mind: debt reduction and financial freedom. So why not conquer your debt without the devastating effects of bankruptcy? Our debt settlement program will make you debt free far sooner than other credit counseling programs without the terrible blemish of a bankruptcy on your record.  Contact us TODAY !



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