Foreclosure Relief Fund
56Are you behind on your monthly mortgage payment? Are you in Foreclosure or about to go into foreclosure? Do you know someone that is in Foreclosure? If so, we can help. I would like to take this moment to introduce you to our sister company Save Your Assets, Inc. We started this company to assist people in the foreclosure process and to save their homes. As a mortgage broker, I have seen the changes in the mortgage banking world, and the difficulty it is to obtain a loan in these trying times. Our clients are coming to us now to refinance their current mortgage and I am having problems getting them approved! Unfortunately, property values have decreased and people owe more then what their property is worth, which leads me into why I am contacting you today.
The Foreclosure crisis has become an epidemic. The US real estate market is undergoing the worst crisis since the great depression of 1929. It is forecasted that by the end of 2008 1 in 5 homes will foreclose. Many people, maybe even you, are not able to make their mortgage payments. Lending institutions have tightened up their lending guidelines and have made it more difficult to finance a home. This makes it virtually impossible for homes to sell and for the buyer of the property to qualify for the new mortgage.
There are many options that are available to you to assist you in the foreclosure process; however all of them lead ultimately to you losing your home. The foreclosure process from the perspective of a big institution takes about 9 months after the owner has stopped making payments for the lender to take ownership of the property and officially foreclose. Lenders package these properties and sell these packages to the highest bidder at a fraction of the original prices. These packages are then broken down and sold back to the market.
How it Works
Save Your Assets, Inc., works with a Fund on behalf of the borrower before the properties are taken by the lender. This Fund assumes your current debt with your lender at a reduced amount, which equates to a savings of 40% to 60% off your current loan balance. The Fund then refinances your new mortgage by passing these debt reductions back to the homeowner, reducing your mortgage balance and payment. Eventually, homeowners can refinance into a traditional mortgage at any time giving them access to the new equity that they created.
If you are in foreclosure or you know someone that is in foreclosure, please contact us today at a No Cost Obligation. If anything we can help you Save Your Asset, one of the biggest one that you will make in your lifetime, your home. We may be reached at 305.981.0900 or email us at info@capitalending.com
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