Any experience with foreclosure prevention services?
Question:
Thanks.
Answer:
Be careful with whatever company that you choose to work with, and get all of their agreements in plain-English writing. Don't be fooled by dozens of pages of "legalese" and complicated terms that even the companies do not understand.
Always make sure you listen to your own instincts in these situations, as well. If you think something sounds too good to be true, then it probably is. If it's promising some magical solution to help you stop foreclosure, keep in mind that magic doesn't actually exist.
What you might want to do before anything else is check out some foreclosure information online, and read through various ways that you might be able to save your home. A lot of them are easily done on your own, so you won't have to hire an outside company. But it takes some research to become familiar with various options.
Start by researching your state's foreclosure laws so you understand how the process works, and then look at various ways that have been designed to help you figure out a solution to foreclosure. Those are the two best things you can do to make sure that you know what is happening and if the company's methods are legitimate or not.
Good luck.
ForeclosureFish
http://www.foreclosurefish.com/...
many are reliable but research on these services will help you make a decision
No, they are scams. If you had the money to pay it, wouldn't you just bring your mortgage current? If you have $3,000...then you need to send your lender a PAYMENT and stop or slow the process
You need to sell your home if you are unable to work out an arrangement with the lending institution and wait until you are in a better financial position.
They are scams. There are two ways to prevent foreclosure, selling or paying as agreed.
The most the services can do is stall the process while you sell and talk to the bank about accepting a short sale. ANY real estate agent can do this too, and for free.
I found how-to-buy-foreclosure.dotcom. and they had some great information. I actually bought the ebook package, learned a lot and am working on my first deal highly recommended by me. Anyone else check out this site? I enjoy ebooks cuz I can read them on my computer and everyone I get gives me a little nugget of information that is going to help me succeed. . This sites info really gave me everything I need to know... I think I can finally stop wasting my hard earned cake on seminars, books, ebooks, audio tapes on how to do foreclosure and pre-foreclosures. But check it out for yourself, hopefully it helps you like it did me.
Peace be with you
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