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Why Banks Would Like You To Fear The Short Sale Procedure

December 3rd, 2010 - By allanmadams

Short Sales Done Easy

We wanted to speak to you at the moment concerning something that is very genuine. We all have deep rooted fears in life. When I go on listing presentations I talk to folks concerning their fears in the short sale world. Present are lots of worries that people have with a short sale. They include worries regarding what a short sale will do to their credit. They fear what neighbors will think of them for doing a short sale. The neighbors may think that they are taking the easy way out. They in addition have worries from the bank. What might the bank do to them? Will the bank sue me for the deficiency or decided to foreclose. One thing I like to remind my clients of is that the fear may get to you if you allow it.

Discover Your Foreclosure Relief Options

June 24th, 2010 - By allanmadams

$200 billion versus $200 million – The government of the United States, under the initial direction of Republicans, and then Democrats, have given one company, AIG, nearly $200 billion dollars to bail them out of trouble, because they were “too big to fail.” Homeowners, (presumably, too small to be concerned about), in dire need of foreclosure relief, have been awarded just over $200 million dollars; (and that’s for only 10 lucky states.)

Do homeowners, and the remaining 40 states, have every right to be angry, and loudly voice their criticism? Of course they do; but they should use the inequality as inspiration to be proactive toward the goal of changing such an unjust situation that favors, to such a degree, the elite over ordinary people.

Impact of the Barack Obama Foreclosure Prevention Initiative

March 17th, 2010 - By allanmadams

The crux of he foreclosure avoidance plan of the President is to obtain $75 billion from the funds that have been earmarked by Congress for bailing out the financial services industry and use it instead to combat the rising number of foreclosures.  The three main goals of the Barack Obama foreclosure prevention program are refinancing, more loan modifications, and the provision of more home loans